Is this U.S.-China selloff a buy? A top Wall Street voice weighs in
Expensify, Inc. NASDAQ:EXFY director Mills Jason Fahr, reported selling 1869 shares of Class A Common Stock on June 18, 2025, according to a Form 4/A filing with the Securities and Exchange Commission. The company, currently valued at $182.52 million, has seen its stock decline 42% over the past six months amid volatile trading conditions. The shares were sold at a weighted average price of $2.22, with prices ranging from $2.19 to $2.26, for a total transaction value of $4149.
Following the transaction, Mills directly owns 362,315 shares of Expensify , Inc.
The sale was to cover taxes upon the vesting of restricted stock units for certain employees of the Issuer. For deeper insights into insider trading patterns and comprehensive financial analysis, access the full InvestingPro Research Report, available with additional exclusive ProTips.
In other recent news, Expensify Inc. reported its financial results for the second quarter of 2025, revealing a significant shortfall in earnings. The company announced earnings per share of -$0.10, which was notably below the anticipated $0.04. Revenue also fell short of expectations, coming in at $35.8 million compared to the forecasted $36.22 million. In addition to its earnings report, Expensify launched a new integration with DoorDash for Business. This integration allows for the automatic import of receipts into Expensify’s expense management platform, streamlining the process for business users. The aim is to eliminate the need for manual entry when handling reimbursements or reconciling company card purchases. These developments mark significant recent changes for the company.
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