Expensify, Inc. (NASDAQ:EXFY) CEO David Michael Barrett Sells 39,399 Shares

Posted by Tech Dows on Apr 24th, 2025

Expensify, Inc. (NASDAQ:EXFY – Get Free Report) CEO David Michael Barrett sold 39,399 shares of Expensify stock in a transaction on Monday, April 21st. The stock was sold at an average price of $2.75, for a total value of $108,347.25. Following the sale, the chief executive officer now owns 1,634,345 shares in the company, valued at $4,494,448.75. The trade was a 2.35 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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

On Wednesday, April 23rd, David Michael Barrett sold 22,873 shares of Expensify stock. The shares were sold at an average price of $2.84, for a total transaction of $64,959.32.
On Thursday, April 17th, David Michael Barrett sold 32,079 shares of Expensify stock. The stock was sold at an average price of $2.79, for a total transaction of $89,500.41.
On Tuesday, April 15th, David Michael Barrett sold 25,686 shares of Expensify stock. The shares were sold at an average price of $2.83, for a total value of $72,691.38.
On Friday, March 21st, David Michael Barrett sold 2,900 shares of Expensify stock. The shares were sold at an average price of $3.20, for a total value of $9,280.00.
On Wednesday, March 19th, David Michael Barrett sold 37,001 shares of Expensify stock. The stock was sold at an average price of $3.27, for a total value of $120,993.27.
On Monday, March 17th, David Michael Barrett sold 27,331 shares of Expensify stock. The shares were sold at an average price of $3.36, for a total transaction of $91,832.16.
On Thursday, February 20th, David Michael Barrett sold 31,781 shares of Expensify stock. The stock was sold at an average price of $3.43, for a total transaction of $109,008.83.
On Tuesday, February 18th, David Michael Barrett sold 45,643 shares of Expensify stock. The shares were sold at an average price of $3.68, for a total transaction 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 transaction of $54,658.05.

Expensify Trading Up 2.2 %

Shares of Expensify stock opened at $2.83 on Thursday. The company’s 50-day moving average price is $3.16 and its 200-day moving average price is $3.08. The company has a market cap of $225.00 million, a price-to-earnings ratio of -15.72 and a beta of 1.87. Expensify, Inc. has a 12-month low of $1.24 and a 12-month high of $4.13.

Expensify declared that its board has approved a share repurchase plan on Thursday, February 27th that permits the company to buyback $50.00 million in shares. This buyback authorization permits the company to repurchase up to 20.1% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board of directors believes its shares are undervalued.

Analysts Set New Price Targets

Separately, Lake Street Capital raised their price target on Expensify from $3.00 to $5.00 and gave the stock a “buy” rating in a report on Friday, February 28th.

View Our Latest Report on EXFY

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Exchange Traded Concepts LLC purchased a new position in Expensify during the fourth quarter worth about $691,000. Quantbot Technologies LP bought a new stake in shares of Expensify during the 4th quarter valued at about $68,000. American Century Companies Inc. boosted its position in shares of Expensify by 67.7% during the 4th quarter. American Century Companies Inc. now owns 68,228 shares of the company’s stock valued at $229,000 after acquiring an additional 27,541 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Expensify by 11.3% during the third quarter. Geode Capital Management LLC now owns 514,948 shares of the company’s stock worth $1,010,000 after purchasing an additional 52,385 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. increased its position in shares of Expensify by 814.0% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 604,088 shares of the company’s stock worth $2,024,000 after purchasing an additional 537,993 shares during the last quarter. Institutional investors own 68.42% of the company’s stock.

Expensify Company Profile

(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.