Expensify (EXFY) to Release Earnings on Thursday

Expensify (NASDAQ:EXFY) is projected to announce its earnings results after the market closes on Thursday, February 20th. Analysts expect the company to announce earnings of $0.06 per share and revenue of $36.03 million for the quarter.

Expensify Stock Performance

Shares of NASDAQ EXFY opened at $3.83 on Thursday. The stock has a market cap of $295.52 million, a PE ratio of -21.28 and a beta of 1.87. Expensify has a fifty-two week low of $1.24 and a fifty-two week high of $4.13. The stock has a fifty day moving average of $3.56 and a 200-day moving average of $2.71.

Analysts Set New Price Targets

EXFY has been the subject of several research analyst reports. JMP Securities lowered Expensify from an “outperform” rating to a “market perform” rating in a research note on Monday, November 25th. Citigroup upped their target price on Expensify from $4.00 to $5.00 and gave the stock a “buy” rating in a report on Monday, December 16th.

Insider Activity at Expensify

In other news, Director Timothy L. Christen sold 18,273 shares of the stock in a transaction on Friday, December 20th. The stock was sold at an average price of $3.59, for a total transaction of $65,600.07. Following the transaction, the director now directly owns 194,983 shares of the company’s stock, valued at $699,988.97. This represents a 8.57 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO David Michael Barrett sold 58,226 shares of the stock in a transaction on Friday, November 15th. The shares were sold at an average price of $2.76, for a total value of $160,703.76. Following the transaction, the chief executive officer now directly owns 2,508,867 shares in the company, valued at $6,924,472.92. The trade was a 2.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 320,440 shares of company stock valued at $1,031,818. 17.33% of the stock is owned by corporate insiders.

About Expensify

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.