Expensify director Muralidharan sells $34,649 in shares

Published 24/09/2025, 23:04
Expensify director Muralidharan sells $34,649 in shares

Expensify , Inc. (NASDAQ:EXFY), a $182.5 million market cap company currently trading at $1.93, saw its Chief Operating Officer and Director Anuradha Muralidharan recently sell 18,947 shares of Class A Common Stock, according to a Form 4 filing with the Securities and Exchange Commission. According to InvestingPro data, the stock appears undervalued despite falling 42% over the past six months. The sales occurred between September 16 and September 19, 2025, with prices ranging from $1.90 to $1.95, totaling approximately $34,649.

On September 15, Muralidharan also acquired 14,688 shares of Class A Common Stock through purchases and grants related to the company’s Stock Purchase and Matching Plan, and the settlement of restricted stock units, valued between $0.00 and $1.94, for a total of $26548. Additionally, 3,168 shares were acquired through the conversion of restricted stock units into Class A Common Stock.

In other recent news, Expensify Inc. reported its financial results for the second quarter of 2025, revealing a notable shortfall in earnings. The company posted an earnings per share (EPS) of -$0.10, which was significantly below the forecasted $0.04. Revenue also fell short of expectations, coming in at $35.8 million compared to the anticipated $36.22 million. These financial results indicate a challenging quarter for Expensify. In addition to the earnings report, Expensify has launched a new integration with DoorDash for Business. This integration automates the import of receipts into Expensify’s expense management platform, streamlining processes for business users. The recent developments reflect a mix of financial challenges and strategic initiatives for the company.

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