Dynamic Technology Lab Private Ltd Purchases 22,504 Shares of Expensify, Inc. (NASDAQ:EXFY)

Dynamic Technology Lab Private Ltd raised its position in shares of Expensify, Inc. (NASDAQ:EXFY) by 100.6% in the third quarter, HoldingsChannel reports. The firm owned 44,880 shares of the company’s stock after acquiring an additional 22,504 shares during the period. Dynamic Technology Lab Private Ltd’s holdings in Expensify were worth $88,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Marshall Wace LLP bought a new stake in Expensify during the 2nd quarter valued at $53,000. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Expensify in the 2nd quarter worth $86,000. Connor Clark & Lunn Investment Management Ltd. raised its position in shares of Expensify by 76.9% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 66,095 shares of the company’s stock worth $130,000 after acquiring an additional 28,731 shares in the last quarter. Wealthspire Advisors LLC raised its position in shares of Expensify by 40.7% in the 2nd quarter. Wealthspire Advisors LLC now owns 66,212 shares of the company’s stock worth $99,000 after acquiring an additional 19,157 shares in the last quarter. Finally, GSA Capital Partners LLP purchased a new position in Expensify during the 3rd quarter worth $183,000. 68.42% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, JMP Securities downgraded Expensify from an “outperform” rating to a “market perform” rating in a research note on Monday, November 25th.

Insider Buying and Selling at Expensify

In related news, CEO David Michael Barrett sold 11,095 shares of the company’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $2.28, for a total value of $25,296.60. Following the completion of the transaction, the chief executive officer now owns 173,820 shares of the company’s stock, valued at approximately $396,309.60. This represents a 6.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Ryan Schaffer sold 12,500 shares of the company’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $2.50, for a total value of $31,250.00. Following the completion of the transaction, the chief financial officer now directly owns 159,295 shares of the company’s stock, valued at $398,237.50. The trade was a 7.28 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 173,107 shares of company stock worth $456,986. 17.33% of the stock is currently owned by insiders.

Expensify Trading Up 1.8 %

Expensify stock opened at $3.43 on Wednesday. The business’s 50-day simple moving average is $2.26 and its two-hundred day simple moving average is $2.02. Expensify, Inc. has a fifty-two week low of $1.24 and a fifty-two week high of $3.58.

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.