Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Expensify Inc shares valued at $99,909 were sold by Barrett David Michael on Feb 21 ’25. At $3.32 per share, Barrett David Michael sold 30,093 shares. The insider’s holdings dropped to 1,917,279 shares worth approximately $6.17 million following the completion of this transaction.
Also, Barrett David Michael sold 45,643 shares, netting a total of over 167,966 in proceeds. Following the sale of shares at $3.68 each, the insider now holds 2,026,590 shares.
Before that, Barrett David Michael had sold 47,437 shares from its account. In a trade valued at $165,081, the Chief Executive Officer traded Expensify Inc shares for $3.48 each. Upon closing the transaction, the insider’s holdings decreased to 47,437 shares, worth approximately $6.37 million.
As published in a research note from JMP Securities on November 25, 2024, Expensify Inc [EXFY] has been rated down from a Mkt outperform to a Mkt perform. Analysts at JMP Securities upgraded the stock from ‘”a Mkt perform”‘ to ‘”a Mkt outperform”‘ outlook in a report released in early August. As of May 28, 2024, Morgan Stanley has increased its “an Underweight” rating to a “an Equal-weight” for EXFY. Earlier on September 15, 2023, JP Morgan initiated its rating. Their recommendation was “an Underweight” for EXFY stock.
Analyzing EXFY Stock Performance
During the last five days, there has been a drop of approximately -6.67%. Over the course of the year, Expensify Inc shares have dropped approximately -3.88%. Shares of the company reached a 52-week high of $4.00 on 02/14/25 and a 52-week low of $3.05 on 02/25/25. A 50-day SMA is recorded $3.53, while a 200-day SMA reached $2.46. Nevertheless, trading volume fell to 0.79 million shares from 0.29 million shares the previous day.
Support And Resistance Levels for Expensify Inc (EXFY)
According to the 24-hour chart, there is a support level at 2.99, which, if violated, would cause prices to drop to 2.76. In the upper region, resistance lies at 3.65. The next price resistance is at 4.08. RSI (Relative Strength Index) is 38.40 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.38, which suggests the price will decrease in the coming days. Percent R is at 81.68%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
