David Michael Barrett Sells 31,781 Shares of Expensify, Inc. (NASDAQ:EXFY) Stock

Posted by Joseph Casey on Feb 22nd, 2025

Expensify, Inc. (NASDAQ:EXFY – Get Free Report) CEO David Michael Barrett sold 31,781 shares of the stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $3.43, for a total transaction of $109,008.83. Following the transaction, the chief executive officer now directly owns 1,947,372 shares of the company’s stock, valued at $6,679,485.96. The trade was a 1.61 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

David Michael Barrett also recently made the following trade(s):

On Tuesday, February 18th, David Michael Barrett sold 45,643 shares of Expensify stock. The stock was sold at an average price of $3.68, for a total value of $167,966.24.
On Thursday, January 23rd, David Michael Barrett sold 16,715 shares of Expensify stock. The shares were sold at an average price of $3.27, for a total value of $54,658.05.
On Tuesday, January 21st, David Michael Barrett sold 36,289 shares of Expensify stock. The shares were sold at an average price of $3.32, for a total transaction of $120,479.48.
On Friday, January 17th, David Michael Barrett sold 32,473 shares of Expensify stock. The shares were sold at an average price of $3.41, for a total value of $110,732.93.
On Wednesday, January 15th, David Michael Barrett sold 30,000 shares of Expensify stock. The stock was sold at an average price of $3.50, for a total transaction of $105,000.00.
On Wednesday, December 18th, David Michael Barrett sold 6,152 shares of Expensify stock. The stock was sold at an average price of $3.83, for a total transaction of $23,562.16.
On Monday, December 16th, David Michael Barrett sold 13,272 shares of Expensify stock. The shares were sold at an average price of $3.84, for a total transaction of $50,964.48.

Expensify Price Performance

Shares of NASDAQ:EXFY opened at $3.26 on Friday. Expensify, Inc. has a 12 month low of $1.24 and a 12 month high of $4.13. The firm has a market capitalization of $251.54 million, a P/E ratio of -18.11 and a beta of 1.87. The company’s fifty day moving average price is $3.55 and its 200 day moving average price is $2.80.

Analyst Upgrades and Downgrades

EXFY has been the subject of a number of analyst reports. Citigroup boosted their target price on shares of Expensify from $4.00 to $5.00 and gave the stock a “buy” rating in a research note on Monday, December 16th. JMP Securities downgraded Expensify from an “outperform” rating to a “market perform” rating in a report on Monday, November 25th.

View Our Latest Research Report on Expensify

Hedge Funds Weigh In On Expensify

Hedge funds have recently made changes to their positions in the company. Mariner LLC purchased a new stake in shares of Expensify in the 4th quarter valued at about $34,000. Tower Research Capital LLC TRC lifted its stake in Expensify by 1,194.4% in the fourth quarter. Tower Research Capital LLC TRC now owns 10,834 shares of the company’s stock valued at $36,000 after buying an additional 9,997 shares during the last quarter. SG Americas Securities LLC acquired a new stake in shares of Expensify in the fourth quarter valued at approximately $39,000. Alpine Global Management LLC acquired a new stake in shares of Expensify in the fourth quarter valued at approximately $40,000. Finally, R Squared Ltd purchased a new position in shares of Expensify during the fourth quarter worth approximately $46,000. Hedge funds and other institutional investors own 68.42% of the company’s stock.

About Expensify

(Get Free Report)

Expensify, Inc provides a cloud-based expense management software platform to individuals and corporations, small and midsized businesses, and enterprises in the United States and internationally. The company’s platform enables users to manage corporate cards, pay bills, generate invoices, collect payments, and book travel.