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Remitly, a global digital remittance provider, saw significant insider selling as disclosed in recent regulatory filings.
Remitly Global, Inc. (NASDAQ: RELY - Get Free Report) insider Ltd Naspers sold 12,000,000 shares of the company's stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $15.98, for a total value of $191,760,000.00. Following the completion of the transaction, the insider owned 13,441,745 shares of the company's
Remitly is facing a narrative disruption, but is actually the disruptor. It should keep growing its share of the remittance market and is expanding into new product categories.
ADMA, RELY and HSY made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on March 12th, 2026.
The consensus price target hints at a 29.2% upside potential for Remitly Global (RELY). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Shopify's recent pullback doesn't jibe with its latest and projected growth. Remitly Global looks like the simple solution to cross-border money transfers that much of the world's been waiting on.
AEO, RELY, ADMA, HSY and HTBK have been added to the Zacks Rank #1 (Strong Buy) List on March 12th, 2026.
Lead Edge Capital Management acquired 1,425,420 shares of Remitly Global for an estimated $20.71 million in the fourth quarter. Meanwhile, the quarter-end position value rose by $13.08 million, reflecting both the additional shares and price movement.
Fieldview Capital Management LLC trimmed its holdings in Remitly Global, Inc. (NASDAQ: RELY) by 87.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 22,876 shares of the financial services provider's stock after selling 164,113 shares during the quarter. Fieldview Capital Management
Remitly Global, an international money transfer company, has seen its stock price surge more than 35% in the past two weeks. With a robust outlook, Remitly stock has some strong potential upside.
Services sector rebound gains steam as ISM PMI hits 56.1 in February, spotlighting stocks like LQDT, RELY, EXPO and SEZL as demand, inventories and orders climb.
Remitly produced strong growth and profitability in the fourth quarter. The business still has significant market share to capture in remittances.
The consensus price target hints at a 32.9% upside potential for Remitly Global (RELY). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
A dystopian blog post showed how payments stocks like Remitly could be disrupted. Remitly also received a price target hike from Cantor Fitzgerald.
SEATTLE, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a trusted provider of financial services that transcend borders, today announced that its management team will present at the following investor conferences:
Remitly Global, Inc. (RELY) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
RELY, FTI, SHIP, AU and TPR stand out with strong relative price strength, rising earnings estimates and powerful one-year gains in a volatile 2026 market.
Remitly Global posted impressive growth and profitability in the fourth quarter. The company is guiding for more double-digit revenue growth in 2026.
Remitly: Trading At Low Forward Earnings Multiple, With Q4 Results Presenting A Strong Buy Case
Shares of Remitly Global, Inc. (NASDAQ: RELY - Get Free Report) gapped up before the market opened on Thursday following a better than expected earnings announcement. The stock had previously closed at $13.61, but opened at $16.35. Remitly Global shares last traded at $17.2570, with a volume of 7,721,203 shares changing hands. The financial services provider