Expensify, Inc. (NASDAQ:EXFY) COO Anuradha Muralidharan Sells 29,410 Shares

Expensify, Inc. (NASDAQ:EXFY) COO Anuradha Muralidharan sold 29,410 shares of Expensify stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $3.40, for a total value of $99,994.00. Following the transaction, the chief operating officer now directly owns 3,941 shares in the company, valued at approximately $13,399.40. This trade represents a 88.18 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Anuradha Muralidharan also recently made the following trade(s):

• On Thursday, November 14th, Anuradha Muralidharan sold 5,739 shares of Expensify stock. The stock was sold at an average price of $2.93, for a total transaction of $16,815.27.
• On Tuesday, September 17th, Anuradha Muralidharan sold 198 shares of Expensify stock. The shares were sold at an average price of $2.27, for a total value of $449.46.

Expensify Price Performance

NASDAQ:EXFY traded up $0.11 during mid-day trading on Thursday, reaching $3.49. The stock had a trading volume of 605,424 shares, compared to its average volume of 728,538. The business has a 50 day simple moving average of $2.31 and a 200 day simple moving average of $2.04. Expensify, Inc. has a twelve month low of $1.24 and a twelve month high of $3.58.

Analysts Set New Price Targets

Separately, JMP Securities downgraded Expensify from an “outperform” rating to a “market perform” rating in a report on Monday, November 25th.

Institutional Trading of Expensify

Institutional investors have recently modified their holdings of the business. XTX Topco Ltd boosted its holdings in Expensify by 29.6% during the third quarter. XTX Topco Ltd now owns 68,789 shares of the company’s stock worth $135,000 after buying an additional 15,730 shares in the last quarter. Wealthspire Advisors LLC raised its holdings in Expensify by 40.7% during the second quarter. Wealthspire Advisors LLC now owns 66,212 shares of the company’s stock worth $99,000 after purchasing an additional 19,157 shares during the last quarter. Dynamic Technology Lab Private Ltd raised its stake in shares of Expensify by 100.6% during the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 44,880 shares of the company’s stock worth $88,000 after buying an additional 22,504 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its position in Expensify by 76.9% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 66,095 shares of the company’s stock worth $130,000 after acquiring an additional 28,731 shares during the last quarter. Finally, Marshall Wace LLP purchased a new stake in shares of Expensify in the second quarter valued at about $53,000. 68.42% of the stock is currently owned by hedge funds and other institutional investors.

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.