Remitly global director Bora Chung sells $257,040 in shares
Bora Chung, a director at Remitly Global Inc. (NASDAQ:RELY), sold 12,000 shares of company stock for $257,040 on May 20, 2026. This transaction follows a significant 72.7% surge in Remitly shares over the past six months. The sale comes amidst positive company news, including strong Q1 2026 earnings, raised price targets from analysts, and the launch of new business features.
Remitly (RELY) director sells 12,000 shares in open-market transaction
Bora Chung, a director at Remitly Global, Inc. (RELY), sold 12,000 shares of common stock in an open-market transaction on May 20, 2026. The shares were sold at a weighted average price of $21.42, with individual trades ranging from $21.38 to $21.45. Following this transaction, Chung directly holds 125,317 shares of Remitly stock.
Remitly Global Inc stock (IL0011681948): digital remittances in focus after recent filings and growt
Remitly Global Inc (RELY) is back in the spotlight due to recent SEC filings regarding stock sales and discussions about its long-term growth in the digital remittance market. The company, which specializes in cross-border money transfers, is projected by some analysts to reach substantial revenue and earnings by 2029, driven by increased transaction volumes, efficient customer acquisition, and product diversification. Despite competition and regulatory complexities, Remitly's focus on digital services for migrants positions it as a key player in the evolving financial transactions industry.
Is Remitly (RELY) Turning Remitly Business Into a Second Engine for Its Cross-Border Platform?
Remitly Global is expanding its "Remitly Business" offering with new features like Bulk Payments and Send by Link, building on early success with over 20,000 businesses. This expansion aims to leverage Remitly's existing infrastructure to deepen usage and add new revenue streams, supporting the company's growth narrative. However, investors should be aware of potential risks such as intensified pricing pressure and increased acquisition/compliance costs impacting margins.
RELY (RELY) Form 144: Proposed sale of restricted shares listed
A Form 144 notice was filed by Morgan Stanley Smith Barney LLC Executive Financial Services, indicating proposed sales of restricted common stock for Remitly Global, Inc. (RELY). The filing specifies several vesting events of restricted shares from a registered plan, totaling various lots of shares with vesting dates in 2023 and 2025. It's important to note that a Form 144 signals an intent to sell but does not confirm that the sales have occurred.
Is Remitly (RELY) Turning Remitly Business Into a Second Engine for Its Cross-Border Platform?
Remitly Global (RELY) recently expanded its Remitly Business offerings with new Bulk Payments and Send by Link features, aiming to leverage its existing infrastructure and deepen usage among small and medium-sized businesses. While the expansion could drive growth, investors should consider the risk of increased customer acquisition and compliance costs, as well as potential pricing pressure affecting margins. The article emphasizes that while Remitly's narrative projects significant revenue and earnings growth by 2029, the latest developments do not yet materially alter its investment outlook, and investors should conduct their own research beyond current analyst views.
Transcript : Remitly Global, Inc. Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference, May-18-2026 11
This article is a transcript from the J.P. Morgan 54th Annual Global Technology, Media and Communications Conference held on May 18, 2026. Remitly Global, Inc. presented at the conference, with JPMorgan's Tien-Tsin Huang introducing the session. The content of the transcript is exclusively available to subscribers.
Remitly Global Insider Sold Shares Worth $1,171,000, According to a Recent SEC Filing
An insider at Remitly Global sold 100,000 shares of common stock valued at $1,171,000, as disclosed in a recent SEC filing. The transaction occurred at an average price of $11.71 per share. This sale indicates a significant divestment by a company insider.
Remitly Global stock (IL0011681948): how the digital remittance player is repositioning after recent
Remitly Global has reported strong first-quarter 2026 results, showing increased revenue and reduced losses, which suggests the company is moving toward sustainable profitability. The digital remittance firm, listed on Nasdaq under RELY, focuses on international money transfers for migrant workers, emphasizing mobile-first solutions and compliance. Despite intense competition, Remitly aims for profitable growth by expanding its customer base, improving unit economics, and enhancing product offerings.
Does Remitly Global (RELY) Have the Potential to Rally 43.06% as Wall Street Analysts Expect?
This article analyzes Remitly Global (RELY) and its potential stock performance based on Wall Street analyst expectations. Analysts predict a 43.06% rally for RELY. The content will likely delve into the factors contributing to this optimistic outlook.
Remitly director Nigel Morris sells $85,835 in company stock
Remitly Global director Nigel Morris sold 3,572 shares of company stock for approximately $85,835 on May 13, 2026. This transaction occurred after the stock surged 82% over the past six months and 64% year-to-date. Following the sale, Morris still holds over 1.8 million shares.
Remitly (RELY) product and tech chief sells 50,000 shares in open-market trade
Ankur Sinha, Chief Product and Tech Officer at Remitly Global, Inc. (RELY), reported the open-market sale of 50,000 shares of common stock. The shares were sold at a weighted average price of $23.42, totaling $1.17 million. Following this transaction, Sinha directly holds 1,255,566 shares of Remitly common stock.
Remitly Global (RELY) price target increased by 25.11% to 28.80
This article reports that the price target for Remitly Global (RELY) has been increased by 25.11% to $28.80. The content appears to be a brief news update based on financial market analysis.
Number of shareholders of Remitly Global, Inc. – NASDAQ:RELY
This article focuses on the shareholder information for Remitly Global, Inc. (NASDAQ: RELY). It notes that specific shareholder data is available on the TradingView platform, alongside other financial and market information for the company.
Remitly director Nigel Morris sells $85,835 in company stock
Remitly director Nigel Morris sold 3,572 shares of the company's common stock for approximately $85,835 on May 13, 2026. This transaction occurred after the stock surged 82% over the past six months and 64% year-to-date. Following the sale, Morris still directly holds 1,857,638 shares of Remitly Global.
Remitly Global (RELY) director’s 24K-share sale filed in Rule 10b5-1 plan
Remitly Global director Joshua Hug sold 24,000 shares of Common Stock between May 14-15, 2026, under a pre-arranged Rule 10b5-1 trading plan adopted in December 2025. The sales were executed at weighted average prices ranging from $22.70 to $23.32 per share. Despite these sales, Hug retains over 3.4 million shares directly, and an additional 300,000 shares are held indirectly by a family trust, indicating the transactions are routine portfolio management.
Sinha Ankur, Remitly chief product officer, sells $1.17m in stock
Ankur Sinha, Chief Product and Tech Officer at Remitly Global, Inc. (NASDAQ:RELY), sold 50,000 shares of company stock for $1.17 million on May 14, 2026, at an average price of $23.42 per share. Following this transaction, Mr. Sinha directly holds 1,255,566 shares. This news comes after Remitly reported strong first-quarter 2026 earnings, exceeding revenue expectations, and launched new features for business clients, leading to increased price targets from analysts.
Remitly (RELY) director sells 3,572 common shares around $24
Remitly Global, Inc. director Nigel W. Morris sold 3,572 shares of common stock at a weighted average price of $24.03 per share on May 13, 2026, with the transaction prices ranging from $24.00 to $24.08. After this open-market sale, Morris directly holds 1,857,638 shares of Remitly common stock. The transaction details were disclosed in a Form 4 SEC filing, indicating a neutral filing impact and negative sentiment.
RELY (RELY) Form 144 reports 12,000-share sale; 10b5-1 trades listed
Remitly Global, Inc. (RELY) has filed a Form 144, reporting a sale of 12,000 shares of common stock valued at $285,000.00 through Morgan Stanley Smith Barney LLC on May 14, 2026. This filing also discloses several prior sales executed under a 10b5-1 sales plan, with transactions occurring on May 11, 2026, and March 4, 2026, among other dates. A securities compliance specialist notes that this is a routine reporting of sales under a 10b5-1 plan, showing disclosures of secondary sales by an affiliate.
Affiliate plans sale of 50,000 shares | RELY SEC Filing - Form 144
An affiliate of Remitly Global, Inc. (RELY) has filed a Form 144 notice indicating a proposed sale of 50,000 shares with an aggregate value of $1,170,985.00. The filing also details that 210,561,079 shares are currently outstanding as of May 14, 2026, and notes a prior sale of 9,741 shares on March 11, 2026, for $164,709.91. Additionally, the report lists several restricted stock vesting events that occurred between late 2023 and late 2024.
Cantor Fitzgerald reiterates Remitly stock rating on high-value growth
Cantor Fitzgerald has reiterated an Overweight rating and $28.00 price target for Remitly Global Inc (NASDAQ:RELY), citing strong growth from high-value senders and potential for incremental revenue upside. Remitly's shares have gained 91% in the last six months, with revenue up 27% year-over-year. The company recently reported first-quarter earnings for 2026 that exceeded market expectations and launched new features for small and medium-sized businesses.
Remitly (RELY) director Joshua Hug sells 34,383 shares in planned trade
Remitly Global, Inc. (RELY) director Joshua Hug sold 34,383 shares of common stock on May 11, 2026, at a weighted average price of $24.89 per share. This sale was conducted automatically under a Rule 10b5-1 trading plan adopted in December 2025. Following the transaction, Hug directly holds 3,482,320 shares and indirectly holds 300,000 shares through a family trust.
Insider notice lists planned common share sales for RELY (NASDAQ: RELY)
Remitly Global, Inc. (RELY) has filed a Rule 144 notice with the SEC, indicating planned sales of common stock. The filing details intended transactions of 250,000 shares and 50,000 shares, purchased on November 3, 2023, and November 6, 2023, respectively, with a filing-related date of May 13, 2026. These transactions are specified as open market purchases facilitated by J.P. Morgan Securities LLC.
Remitly director Joshua Hug sells $855k in stock
Joshua Hug, a director at Remitly Global, Inc., sold 34,383 shares of company stock for $855,792 on May 11, 2026, executed via a Rule 10b5-1 trading plan. This sale occurred near Remitly’s 52-week high, after a 91% surge in six months and the company achieving profitability. The article also notes recent strong Q1 2026 earnings, analyst upgrades, and new feature launches for business clients.
Remitly Global, Inc.(NasdaqGS: RELY) added to S&P 600
Remitly Global, Inc. (NasdaqGS: RELY), a provider of digital financial services, has been added to the S&P 600 index. This announcement follows recent developments, including the introduction of bulk payments and send by link features for Remitly Business, its general availability in Canada, and positive Q1 2026 earnings with a revenue beat and strong Q2 guidance.
Strs Ohio Has $243,000 Position in Remitly Global, Inc. $RELY
Strs Ohio significantly reduced its stake in Remitly Global (NASDAQ:RELY) by 70.9% in the fourth quarter, holding 17,600 shares valued at $243,000. Despite this, other institutional investors have increased their positions, and Remitly Global reported strong first-quarter results with EPS of $0.23 and revenue up 25.2% year over year. The stock maintains a "Moderate Buy" rating among analysts with a consensus price target of $24.63.
Remitly Business Introduces Bulk Payments and Send by Link, Reaches General Availability in Canada
Remitly Business has announced the general availability of its services in Canada, introducing new features like Bulk Payments and Send by Link. These innovations aim to simplify international payments for Canadian businesses, allowing them to send funds to over 140 countries more efficiently. The expansion underscores Remitly's commitment to supporting small and medium-sized businesses globally.
Remitly Announces Upcoming Webinar and Investor Conference Participation
Remitly Global, Inc. announced its management team will be participating in several upcoming investor conferences and webinars in May and June 2026. These events include a virtual webinar with Cantor, the J.P. Morgan Global Technology, Media and Communications Conference, the Bernstein Strategic Decisions Conference, and two Bank of America Global Technology Conferences. CEO Sebastian Gunningham and CFO Vikas Mehta will present at various events, with some fireside chats being webcast live from Remitly's investor relations website.
To manage global bills, small firms get Remitly bulk pay and secure send links
Remitly Business has introduced new "Bulk Payments" and "Send by Link" features for US small and medium-sized businesses and achieved general availability in Canada. These additions aim to streamline international payments by allowing businesses to pay multiple recipients simultaneously and enabling secure data collection from recipients, thereby reducing payment errors. This expansion builds on Remitly Business's strong growth, with send volume increasing over 30% quarter-over-quarter in Q1 2026 and serving over 20,000 businesses across the US, UK, and Canada.
Remitly CEO and CFO to field questions in May 13 investor webinar
Remitly (NASDAQ: RELY) announced an upcoming virtual webinar and participation in several investor conferences during May and June 2026. CEO Sebastian Gunningham and CFO Vikas Mehta will engage in Q&A sessions and fireside chats at events hosted by Cantor, J.P. Morgan, Bernstein, and Bank of America. These events follow recent positive company news including record Q1 2026 results, raised guidance, and inclusion in the S&P SmallCap 600.
RELY (RELY) Form 144: 34,383 shares tied to 10b5-1 plan listed
Morgan Stanley Smith Barney LLC Executive Financial Services has filed a Form 144 for Remitly Global, Inc. (RELY), reporting proposed sales of 34,383 shares of common stock stemming from previously exercised stock options. The filing details multiple 10b5-1 plan transactions for Joshua David Hug, showing various sales including 29,049 shares on March 4, 2026, and 40,777 shares on March 2, 2026, along with their respective proceeds. This Form 144 helps ensure transparency regarding significant share sales by insiders.
Remitly Global (NASDAQ:RELY) Reaches New 1-Year High After Analyst Upgrade
Remitly Global (NASDAQ:RELY) achieved a new 52-week high following an analyst upgrade from Cantor Fitzgerald, which raised its price target to $28.00. The company's recent earnings report surpassed expectations with strong revenue growth. Despite significant insider selling, institutional ownership remains high, and the stock maintains a "Moderate Buy" consensus rating from analysts.
Cantor Fitzgerald Raises Remitly Global (NASDAQ:RELY) Price Target to $28.00
Cantor Fitzgerald has increased its price target for Remitly Global (NASDAQ:RELY) from $24.00 to $28.00, maintaining an "overweight" rating and suggesting a 16.6% upside. This follows Remitly's strong quarterly results, where it exceeded earnings and revenue expectations. Despite some insider selling, the overall analyst sentiment for Remitly Global remains a "Moderate Buy" with an average price target of $24.89.
Vanguard Group Inc. Sells 98,203 Shares of Remitly Global, Inc. $RELY
Vanguard Group Inc. trimmed its stake in Remitly Global, Inc. by 0.6% in the fourth quarter, selling 98,203 shares, though still retaining over 16 million shares valued at approximately $221.4 million. This comes as Remitly reported strong quarterly earnings, exceeding Wall Street expectations with $0.23 per share on $452.8 million in revenue, a 25.2% year-over-year increase. Despite the positive earnings, the company has seen significant insider selling, with over 12 million shares sold by insiders like Pankaj Sharma and CFO Vikas D. Mehta in the last 90 days.
Remitly Global (RELY) Is Up 5.4% After Record Q1 2026 Beat and Raised Guidance - What's Changed
Remitly Global reported record Q1 2026 results with significant increases in revenue and net income, leading to a 5.4% stock price jump. The company also raised its full-year 2026 guidance, driven by AI-driven efficiencies, new products like Send Now, Pay Later, and share buybacks. Despite intense competition and regulatory risks, the expansion of WhatsApp Send and other strategic initiatives are expected to support profitable growth, though some analysts remain cautious about long-term forecasts.
Why Remitly Global (RELY) Is Up 5.4% After Raising 2026 Revenue and Profitability Outlook
Remitly Global (RELY) saw its stock rise by 5.4% after reporting strong first-quarter 2026 results, including US$452.8 million in sales and US$49.05 million in net income, and subsequently raising its full-year 2026 revenue and profitability outlook. The company attributed this performance to growth in active customers, increased send volumes, AI-driven efficiency, and new product offerings. While the updated guidance supports the company's investment narrative of improving margins, concerns remain about fee pressure and regulatory complexity.
Remitly Global, Inc. (NASDAQ:RELY) Q1 2026 Earnings Call Transcript
Remitly Global, Inc. (NASDAQ:RELY) reported exceptional Q1 2026 earnings, surpassing guidance with record revenue and adjusted EBITDA. CEO Sebastian Gunningham highlighted three durable characteristics of the business: a resilient model, growing contributions from new businesses, and continued expense discipline, with significant focus on leveraging AI and expanding product offerings like their new card-based Send Now, Pay Later. The company provided optimistic guidance for the full year 2026, expecting continued growth acceleration and increased profitability.
Remitly (RELY) Profitability Milestone Reinforces Bullish Narratives Despite Rich P/E Multiple
Remitly Global (RELY) achieved a profitability milestone in Q1 2026, reporting US$452.8 million in revenue and US$0.23 basic EPS, with trailing 12-month net income crossing US$100 million. This growth supports a bullish narrative, but the stock's high P/E ratio of 45.4x compared to industry averages of 18.5x suggests growth expectations are already factored into the price. Analysts project a potential upside to US$27.78, yet caution remains due to the rich valuation and the need for continued strong earnings performance to justify it.
Remitly Global (NasdaqGS:RELY) Stock Forecast & Analyst Predictions
Remitly Global is forecasted to achieve significant earnings and revenue growth, with analysts setting an average price target that suggests upside potential. The company recently reported strong Q1 2026 results, exceeding expectations and raising its full-year guidance due to product innovation and operational efficiencies. Despite positive outlooks, some insider selling and a "stretched" valuation are noted as potential considerations.
Remitly Global (NASDAQ:RELY) Given New $26.00 Price Target at Citizens Jmp
Citizens Jmp has increased its price target for Remitly Global (NASDAQ:RELY) to $26.00 from $22.00, maintaining a "market outperform" rating after the financial services provider's strong Q1 performance. The company reported EPS of $0.23 against an estimated $0.12 and robust revenue of $452.8 million, leading to an upward revision of its full-year 2026 outlook. Despite significant insider selling totaling approximately $194.8 million, institutional investors hold a substantial 74% stake in Remitly.
Citizens raises Remitly Global stock price target on strong growth
Citizens increased its price target for Remitly Global Inc. (NASDAQ:RELY) to $26.00 from $22.00, maintaining a Market Outperform rating. This change follows strong first-quarter results that surpassed revenue and earnings expectations, driven by significant account growth and send volumes. The company also raised its full-year 2026 guidance, reflecting broad-based business upside and a "GREAT" Financial Health Score.
Remitly Global, Inc. (RELY) surpasses Q1 earnings and revenue estimates
This article reports that Remitly Global, Inc. (RELY) has exceeded its Q1 earnings and revenue estimates. This indicates a strong financial performance for the company during the first quarter.
Remitly Global, Inc. 2026 Q1 - Results - Earnings Call Presentation (NASDAQ:RELY) 2026-05-07
Remitly Global, Inc. (RELY) released its Q1 2026 earnings, reporting an EPS of $0.41, beating estimates by $0.12. The company also reported revenues of $452.80M, marking a 25.21% year-over-year increase and surpassing estimates by $13.94M. The earnings call presentation slides were published in conjunction with these results.
Remitly Global (NASDAQ:RELY) Posts Quarterly Earnings Results, Beats Expectations By $0.11 EPS
Remitly Global (NASDAQ:RELY) reported strong first-quarter earnings, beating analyst expectations with an EPS of $0.23 against a $0.12 consensus and revenues of $453 million, a 25% year-over-year increase. The company raised its Q2 and full-year revenue guidance, citing scaling growth drivers like high-value senders and Remitly for Business, while also aggressively integrating AI and undertaking workforce actions to enhance efficiency. Despite strong cash generation and buybacks, insiders have recently sold over 12 million shares, and analyst ratings generally lean towards a "Moderate Buy" with a consensus target price of $22.67.
Remitly Reports Record First Quarter Results and Raises Full Year 2026 Outlook
Remitly Global, Inc. announced record first-quarter results for 2026, with revenue up 25% and net income significantly increasing by 332% year-over-year. The company also raised its full-year 2026 financial outlook, projecting total revenue between $1.960 billion and $1.975 billion and Adjusted EBITDA between $370 million and $385 million. This strong performance is attributed to growth in active customers, increased send volume, and disciplined cost management.
Remitly Global Reports Record Q1 2026 Results, Profitability Soars
Remitly Global reported record results for Q1 2026, with significant increases across active customers, send volume, revenue, net income, and Adjusted EBITDA. The company attributes this growth to strong performance in key regions and AI-driven efficiencies, strengthening its position in the digital remittance market. An analyst has rated RELY stock a Buy with a $23.00 price target, while TipRanks’ AI Analyst, Spark, rates it an Outperform based on improving fundamentals and upbeat guidance, despite valuation concerns.
Remitly (NASDAQ: RELY) boosts Q1 2026 profit on 25% revenue growth and strong cash
Remitly Global reported strong financial performance in Q1 2026, with a 25% increase in revenue to $452.8 million and a significant jump in net income to $49.1 million, up from $11.4 million in the prior year. This growth was driven by a 20% increase in active customers and a 37% rise in send volume, indicating robust customer engagement and transaction values. The company also strengthened its financial position with $649.1 million in cash and no outstanding long-term debt, alongside repurchasing 2.77 million shares for $44.2 million.
Remitly (RELY) Q1 2026 Earnings Call Transcript
Remitly (RELY) reported an exceptional Q1 2026, achieving record revenue of $453 million and adjusted EBITDA of $102 million, both exceeding guidance. The company saw strong growth across all metrics, including a 37% increase in send volume and 20% in quarterly active customers. CEO Sebastian Gunningham and CFO Vikas Mehta highlighted the impact of AI-driven efficiencies, expansion in high-value sender and business segments, and new product launches like receiver wallets and card-based services, leading to raised full-year guidance and a focus on continued share repurchases.
Remitly (NASDAQ: RELY) posts record Q1 results and raises 2026 guidance
Remitly Global, Inc. (NASDAQ: RELY) announced record first-quarter 2026 financial results, with revenue reaching $452.8 million, a 25% year-over-year increase, and net income soaring by 332% to $49.1 million. The company attributed this strong performance to increased send volume and active customers, alongside disciplined cost control and AI-driven efficiencies. Consequently, Remitly raised its full-year 2026 revenue guidance to $1.960 billion - $1.975 billion and adjusted EBITDA to $370 million - $385 million, reflecting significant operating leverage and continued momentum.
FMR LLC holds 5.1% of Remitly Global Inc (NASDAQ: RELY) — 10.74M shares
FMR LLC has reported a 5.1% stake in Remitly Global Inc (NASDAQ: RELY), beneficially owning 10,736,104.31 shares of Common Stock as of March 31, 2026. This disclosure was made via a Schedule 13G SEC filing, indicating passive investment. Abigail P. Johnson is also listed with shared reporting attribution, and FMR LLC maintains sole dispositive power over these shares.
