Here’s why Citi says crypto prices have been weak recently
Director Daniel Vidal of Expensify, Inc. (NASDAQ:EXFY) recently sold 5,541 shares of Class A Common Stock, according to a Form 4 filing with the Securities and Exchange Commission. The sales occurred in two transactions and the prices ranged from $1.90 to $1.95, netting $10,604. The transactions come as the company, currently valued at $182.5 million, shows signs of undervaluation according to InvestingPro analysis, despite its stock falling over 42% in the past six months.
The filing indicates that on September 16, 2025, Vidal sold 4,009 shares at prices ranging from $1.86 to $1.92. On September 18, 2025, Vidal sold 1,532 shares at prices ranging from $1.91 to $2.00. InvestingPro data reveals the company maintains a "GOOD" financial health score, with strong liquidity metrics and more cash than debt on its balance sheet.
Vidal also acquired shares of Expensify through two transactions. 27,431 shares were acquired at $1.94, and 14,250 shares were granted at no cost, totaling $53216. Additionally, 2,825 shares of Class A Common Stock were acquired through the exercise of restricted stock units. Discover more insights about Expensify’s valuation and 10+ additional exclusive ProTips with a subscription to InvestingPro.
In other recent news, Expensify Inc. reported its second quarter of 2025 financial results, which fell short of analysts’ expectations. The company posted an earnings per share (EPS) of -$0.10, missing the projected $0.04, representing a surprise of -350%. Revenue also slightly missed expectations, coming in at $35.8 million compared to the anticipated $36.22 million. In addition to the earnings report, Expensify announced a new integration with DoorDash for Business. This integration allows for the automatic import of DoorDash receipts into Expensify’s expense management platform, streamlining the process for business users. These developments reflect the company’s ongoing efforts to enhance its service offerings amid financial challenges.
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