--- title: "Insider Selling: Expensify, Inc. (NASDAQ:EXFY) CEO Sells 645,938 Shares of Stock" description: "Expensify, Inc. CEO David Michael Barrett sold 645,938 shares of the company's stock on August 28th for approximately $511,494.92. Following the sale, he owns 2,567,093 shares valued at roughly $2,006" type: "news" locale: "en" url: "https://longbridge.com/en/news/213088942.md" published_at: "2024-08-31T01:24:40.000Z" --- # Insider Selling: Expensify, Inc. (NASDAQ:EXFY) CEO Sells 645,938 Shares of Stock > Expensify, Inc. CEO David Michael Barrett sold 645,938 shares of the company's stock on August 28th for approximately $511,494.92. Following the sale, he owns 2,567,093 shares valued at roughly $2,006,997.62. This transaction is part of multiple recent sales by Barrett, which were disclosed to the SEC. Expensify's shares traded lower during Friday's session, with analysts maintaining a consensus rating of "Hold" and a price target of $0.63. Expensify, Inc. (NASDAQ:EXFY - Get Free Report) CEO David Michael Barrett sold 645,938 shares of the company's stock in a transaction on Wednesday, August 28th. The shares were sold at an average price of $2.34, for a total transaction of $1,511,494.92. Following the transaction, the chief executive officer now owns 2,567,093 shares of the company's stock, valued at $6,006,997.62. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. - Will Expensify Get Even Cheaper To Buy? David Michael Barrett also recently made the following trade(s): - On Monday, August 12th, David Michael Barrett sold 11,203 shares of Expensify stock. The shares were sold at an average price of $2.28, for a total transaction of $25,542.84. - On Friday, August 9th, David Michael Barrett sold 12,801 shares of Expensify stock. The shares were sold at an average price of $1.98, for a total value of $25,345.98. - On Wednesday, August 7th, David Michael Barrett sold 16,260 shares of Expensify stock. The stock was sold at an average price of $1.52, for a total value of $24,715.20. - On Monday, August 5th, David Michael Barrett sold 16,330 shares of Expensify stock. The shares were sold at an average price of $1.51, for a total value of $24,658.30. - On Friday, August 2nd, David Michael Barrett sold 15,475 shares of Expensify stock. The stock was sold at an average price of $1.61, for a total transaction of $24,914.75. - On Wednesday, July 31st, David Michael Barrett sold 1,500 shares of Expensify stock. The stock was sold at an average price of $1.84, for a total value of $2,760.00. - On Monday, July 29th, David Michael Barrett sold 9,994 shares of Expensify stock. The stock was sold at an average price of $1.92, for a total transaction of $19,188.48. - On Friday, July 26th, David Michael Barrett sold 13,140 shares of Expensify stock. The stock was sold at an average price of $1.93, for a total value of $25,360.20. - On Wednesday, July 24th, David Michael Barrett sold 12,850 shares of Expensify stock. The stock was sold at an average price of $1.98, for a total transaction of $25,443.00. - On Monday, July 22nd, David Michael Barrett sold 13,560 shares of Expensify stock. The shares were sold at an average price of $1.87, for a total transaction of $25,357.20. ## Expensify Price Performance Shares of NASDAQ EXFY traded down $0.13 during midday trading on Friday, reaching $2.32. 358,527 shares of the stock were exchanged, compared to its average volume of 797,140. The company has a market capitalization of $200.67 million, a price-to-earnings ratio of -4.83 and a beta of 1.48. Expensify, Inc. has a 12 month low of $1.24 and a 12 month high of $4.55. The business has a 50-day simple moving average of $1.92 and a two-hundred day simple moving average of $1.78. ## Analysts Set New Price Targets A number of analysts recently commented on the company. JMP Securities upgraded Expensify from a "market perform" rating to an "outperform" rating and set a $2.50 price objective for the company in a research report on Friday, August 9th. Morgan Stanley raised shares of Expensify from an "underweight" rating to an "equal weight" rating in a research note on Tuesday, May 28th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, Expensify has a consensus rating of "Hold" and a consensus price target of $2.63. **Check Out Our Latest Research Report on EXFY** ## Institutional Investors Weigh In On Expensify Several large investors have recently modified their holdings of EXFY. Vanguard Group Inc. lifted its stake in Expensify by 16.6% in the first quarter. Vanguard Group Inc. now owns 3,346,715 shares of the company's stock valued at $6,158,000 after buying an additional 476,687 shares in the last quarter. Acadian Asset Management LLC lifted its holdings in shares of Expensify by 74.4% in the first quarter. Acadian Asset Management LLC now owns 303,892 shares of the company's stock valued at $557,000 after purchasing an additional 129,689 shares in the last quarter. Quadrature Capital Ltd acquired a new position in shares of Expensify during the first quarter worth about $65,000. Federated Hermes Inc. grew its holdings in shares of Expensify by 57,044.0% during the fourth quarter. Federated Hermes Inc. now owns 161,146 shares of the company's stock worth $398,000 after buying an additional 160,864 shares in the last quarter. Finally, Azora Capital LP acquired a new stake in Expensify in the 4th quarter valued at approximately $61,000. 68.42% of the stock is currently owned by institutional investors. ## 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. ## Recommended Stories - Five stocks we like better than Expensify - Insider Buying Explained: What Investors Need to Know - The Solar Stock Battle: Is Daqo or JinkoSolar Your Next Big Win? - Stock Sentiment Analysis: How it Works - Are These Chinese Stocks a Buy? Michael Burry’s Top Picks Say Yes - Where Do I Find 52-Week Highs and Lows? - Five Below Stock Faces Challenges Despite Strong Revenue Growth *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.* → Struggling with Trading? Let Apollo Do the Heavy Lifting! (From DTI) (Ad)## Should you invest $1,000 in Expensify right now? Before you consider Expensify, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Expensify wasn't on the list. While Expensify currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [EXFY.US - Expensify](https://longbridge.com/en/quote/EXFY.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Expensify 首席執行官 David Michael Barrett 報告了普通股的出售 | Expensify Inc. 的首席執行官 David Michael Barrett 報告了該公司普通股的處置。完整的文件可通過提供的鏈接獲取。此新聞簡報由公共技術生成，僅供信息參考，不應被視為財務、投資或法律建議。Expensify I | [Link](https://longbridge.com/en/news/274882365.md) | | Expensify 內部人士進行了一項投資者無法忽視的戰略股票操作 | Expensify (EXFY) 在 2026 年 1 月 12 日經歷了顯著的內部交易，董事 Carlos Eduardo Alvarez Divo 出售了 8,972 股，交易金額為 13,507 美元。公司還宣佈首席運營官 Anu M | [Link](https://longbridge.com/en/news/272348601.md) | | Expensify Inc.提交了董事 Carlos Eduardo Alvarez Divo 的初步權益擁有聲明 | Expensify Inc. 已向美國證券交易委員會提交了初步的權益所有權聲明，確認 Carlos Eduardo Alvarez Divo 為董事及所報告證券的權益所有者。完整的文件可以通過提供的鏈接訪問。此新聞簡報由 Public Te | [Link](https://longbridge.com/en/news/272320117.md) | | Expensify 向即將離職的首席運營官 Anu Muralidharan 提供了 55 萬美元的離職補償金 | Expensify Inc. 已向離職首席運營官 Anu Muralidharan 授予 55 萬美元的離職補償包，作為分離協議的一部分。該款項的三分之二將在 30 天內支付，其餘三分之一將在 90 天后支付。此補償的發放取決於她放棄索賠和 | [Link](https://longbridge.com/en/news/271096995.md) | | Expensify（納斯達克股票代碼：EXFY）股價上漲 2.7% - 現在是買入的好時機嗎？ | Expensify（納斯達克代碼：EXFY）股價在午盤交易中上漲 2.7%，至 1.52 美元，成交量為 307,422 股。分析師對該股票的評級不一，分別有一位買入、一位持有和一位賣出，導致共識評級為持有，目標價為 3.50 美元。公司報 | [Link](https://longbridge.com/en/news/273805585.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.