93,442 Shares in Expensify, Inc. (NASDAQ:EXFY) Bought by GSA Capital Partners LLP

GSA Capital Partners LLP purchased a new stake in shares of Expensify, Inc. (NASDAQ:EXFY) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 93,442 shares of the company’s stock, valued at approximately $183,000.

Other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in shares of Expensify by 16.6% in the first quarter. Vanguard Group Inc. now owns 3,346,715 shares of the company’s stock worth $6,158,000 after acquiring an additional 476,687 shares during the period. Acadian Asset Management LLC raised its stake in shares of Expensify by 74.4% during the first quarter. Acadian Asset Management LLC now owns 303,892 shares of the company’s stock worth $557,000 after acquiring an additional 129,689 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Expensify in the second quarter worth about $86,000. Marshall Wace LLP purchased a new position in shares of Expensify in the second quarter worth $53,000. Finally, Quadrature Capital Ltd bought a new position in Expensify during the 1st quarter valued at approximately $65,000. Institutional investors own 68.42% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, JMP Securities upgraded shares of Expensify from a “market perform” rating to an “outperform” rating and set a $2.50 target price on the stock in a report on Friday, August 9th.

Insider Buying and Selling

In other news, CFO Ryan Schaffer sold 12,500 shares of the company’s stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $2.27, for a total transaction of $28,375.00. Following the sale, the chief financial officer now directly owns 152,531 shares in the company, valued at approximately $346,245.37. This represents a 7.57 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Anuradha Muralidharan sold 20,000 shares of the stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of $2.24, for a total transaction of $44,800.00. Following the completion of the sale, the chief operating officer now directly owns 38,610 shares in the company, valued at $86,486.40. This trade represents a 34.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 831,545 shares of company stock valued at $1,996,856. 17.33% of the stock is owned by insiders.

Expensify Stock Up 2.4 %

Shares of Expensify stock opened at $3.40 on Monday. Expensify, Inc. has a twelve month low of $1.24 and a twelve month high of $3.47. The company’s 50 day moving average is $2.14 and its 200 day moving average is $1.95. The company has a market cap of $262.33 million, a price-to-earnings ratio of -18.89 and a beta of 1.51.

Expensify 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.