Expensify, Inc. (NASDAQ:EXFY) CEO David Michael Barrett Sells 45,643 Shares

Expensify, Inc. (NASDAQ:EXFY) CEO David Michael Barrett sold 45,643 shares of Expensify stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $3.68, for a total transaction of $167,966.24. Following the completion of the transaction, the chief executive officer now directly owns 2,026,590 shares of the company’s stock, valued at approximately $7,457,851.20. This represents a 2.20 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Thursday, February 20th, David Michael Barrett sold 31,781 shares of Expensify stock. The shares were sold at an average price of $3.43, for a total transaction of $109,008.83.
• On Thursday, January 23rd, David Michael Barrett sold 16,715 shares of Expensify stock. The stock was 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 stock was 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 stock was 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 shares were 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 value 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 value of $50,964.48.

Expensify Price Performance

Shares of NASDAQ EXFY opened at $3.45 on Friday. Expensify, Inc. has a 52-week low of $1.24 and a 52-week high of $4.13. The business has a fifty day moving average of $3.56 and a two-hundred day moving average of $2.78.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of EXFY. Ameriprise Financial Inc. grew its holdings in Expensify by 0.9% during the 4th quarter. Ameriprise Financial Inc. now owns 2,218,204 shares of the company’s stock worth $7,431,000 after acquiring an additional 20,224 shares during the last quarter. Marshall Wace LLP lifted its holdings in Expensify by 72.0% in the fourth quarter. Marshall Wace LLP now owns 1,439,877 shares of the company’s stock valued at $4,824,000 after buying an additional 602,565 shares during the period. Formula Growth Ltd. grew its holdings in Expensify by 1.6% during the 4th quarter. Formula Growth Ltd. now owns 950,000 shares of the company’s stock worth $3,182,000 after acquiring an additional 15,000 shares during the period. Topline Capital Management LLC bought a new position in shares of Expensify in the 4th quarter worth $3,085,000. Finally, Two Sigma Investments LP increased its holdings in Expensify by 4.8% in the fourth quarter. Two Sigma Investments LP now owns 779,341 shares of the company’s stock valued at $2,611,000 after purchasing an additional 36,049 shares during the last quarter. Institutional investors own 68.42% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on EXFY shares. Citigroup upped their price target on Expensify from $4.00 to $5.00 and gave the company a “buy” rating in a research report on Monday, December 16th. JMP Securities lowered Expensify from an “outperform” rating to a “market perform” rating in a report on Monday, November 25th.

Expensify Company Profile

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.