Expensify COO Muralidharan sells $48,975 in shares

Published 05/09/2025, 14:04
Expensify COO Muralidharan sells $48,975 in shares

Expensify, Inc. NASDAQ:EXFY Chief Operating Officer Anuradha Muralidharan sold 25,245 shares of Class A Common Stock on August 27, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The transaction comes as the $177 million market cap company’s stock has declined nearly 49% over the past six months. The shares were sold at prices ranging from $1.94 to $1.96, netting approximately $48,975.

Following the transaction, Muralidharan directly owns 61,041 shares of Expensify, Inc.

In other recent news, Expensify Inc. reported its financial results for the second quarter of 2025, revealing a shortfall in both earnings and revenue. The company posted an earnings per share (EPS) of -$0.10, which was significantly below the expected $0.04, marking a surprise of -350%. Revenue was also slightly below expectations, coming in at $35.8 million compared to the anticipated $36.22 million. These financial results have been a focal point for investors and analysts alike. Additionally, Expensify has announced a new integration with DoorDash for Business, aimed at automating the import of receipts into its expense management platform. This integration is designed to simplify the process for business users by eliminating the need for manual entry. The development is part of Expensify’s ongoing efforts to enhance its platform’s capabilities. These recent developments offer insights into the company’s current operational and financial landscape.

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