In a filing, Expensify Inc revealed its Chief Executive Officer Barrett David Michael unloaded Company’s shares for reported $0.12 million on Jan 21 ’25. In the deal valued at $3.32 per share,36,289 shares were sold. As a result of this transaction, Barrett David Michael now holds 2,110,914 shares worth roughly $ 8.11 million.
Then, Barrett David Michael sold 21,966 shares, generating $72,707 in total proceeds. Upon selling the shares at $3.31, the Chief Executive Officer now owns 2,088,948 shares.
Before that, Barrett David Michael sold 16,715 shares. Expensify Inc shares valued at $54,658 were divested by the Chief Executive Officer at a price of $3.27 per share. As a result of the transaction, Barrett David Michael now holds 2,072,233 shares, worth roughly $7.96 million.
JMP Securities downgraded its Expensify Inc [EXFY] rating to a Mkt perform from a a Mkt outperform in a research note published recently. A number of analysts have revised their coverage, including JMP Securities’s analysts, who increased its forecast for the stock in early August from “a Mkt perform” to “a Mkt outperform”. Morgan Stanley also remained covering EXFY and has increased its forecast on May 28, 2024 with a “an Equal-weight” recommendation from previously “an Underweight” rating. JP Morgan started covering the stock on September 15, 2023. It rated EXFY as “an Underweight”.
Price Performance Review of EXFY
On Friday, Expensify Inc [NASDAQ:EXFY] saw its stock fall -2.29% to $3.84. Over the last five days, the stock has gained 2.67%. Expensify Inc shares have risen nearly 14.63% since the year began. Nevertheless, the stocks have risen 142.27% over the past one year. While a 52-week high of $4.13 was reached on 02/14/25, a 52-week low of $1.24 was recorded on 01/13/25. SMA at 50 days reached $3.58, while 200 days put it at $2.39.
Levels Of Support And Resistance For EXFY Stock
The 24-hour chart illustrates a support level at 3.75, which if violated will result in even more drops to 3.66. On the upside, there is a resistance level at 3.96. A further resistance level may holdings at 4.09. The Relative Strength Index (RSI) on the 14-day chart is 59.09, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.11, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 21.33%. Stochastics %K at 87.09% indicates the stock is a selling.
How much short interest is there in Expensify Inc?
A steep rise in short interest was recorded in Expensify Inc stocks on 2025-01-31, growing by 47344.0 shares to a total of 0.67 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 0.62 million shares. There was a rise of 7.06%, which implies that there is a positive sentiment for the stock.
