GSA Capital Partners LLP Makes New $183,000 Investment in Expensify, Inc. (NASDAQ:EXFY)

GSA Capital Partners LLP bought a new position in shares of Expensify, Inc. (NASDAQ:EXFY) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm bought 93,442 shares of the company’s stock, valued at approximately $183,000. GSA Capital Partners LLP owned 0.12% of Expensify as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in EXFY. Wealthspire Advisors LLC boosted its position in shares of 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 buying an additional 19,157 shares during the period. Quadrature Capital Ltd bought a new position in shares of Expensify during the 1st quarter worth approximately $65,000. Marshall Wace LLP acquired a new position in shares of Expensify during the 2nd quarter worth about $53,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in Expensify during the second quarter worth about $86,000. Finally, Acadian Asset Management LLC grew its stake in shares of Expensify by 74.4% in the first quarter. Acadian Asset Management LLC now owns 303,892 shares of the company’s stock valued at $557,000 after buying an additional 129,689 shares in the last quarter. Institutional investors own 68.42% of the company’s stock.

Analyst Upgrades and Downgrades

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

Expensify Trading Up 2.4 %

Expensify stock opened at $3.40 on Monday. The company has a market capitalization of $262.33 million, a price-to-earnings ratio of -18.89 and a beta of 1.51. Expensify, Inc. has a 12 month low of $1.24 and a 12 month high of $3.47. The stock’s 50 day moving average is $2.14 and its 200-day moving average is $1.95.

Insider Transactions at Expensify

In other Expensify news, CFO Ryan Schaffer sold 12,500 shares of the stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $2.50, for a total transaction of $31,250.00. Following the completion of the sale, the chief financial officer now directly owns 159,295 shares in the company, valued at approximately $398,237.50. This trade represents a 7.28 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO David Michael Barrett sold 15,454 shares of Expensify stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $2.91, for a total value of $44,971.14. Following the completion of the transaction, the chief executive officer now directly owns 2,378,319 shares of the company’s stock, valued at approximately $6,920,908.29. This trade represents a 0.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 831,545 shares of company stock valued at $1,996,856. 17.33% of the stock is currently owned by insiders.

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.