Remitly Global, Inc.

NasdaqGS:RELY Stock Report

Market Cap: US$4.2b

Remitly Global Ownership

Who are the major shareholders and have insiders been buying or selling?


Recent Insider Transactions

NasdaqGS:RELY Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
15 May 25SellUS$295,880Bora ChungIndividual13,000US$22.76
14 May 25SellUS$272,331,500Naspers LimitedCompany11,900,000US$22.89
09 May 25SellUS$1,654,766Ankur SinhaIndividual68,634US$24.11
17 Mar 25SellUS$95,050Ankur SinhaIndividual5,000US$19.01
20 Nov 24SellUS$22,796Ankur SinhaIndividual1,112US$20.50
19 Aug 24SellUS$23,873Gail MillerIndividual1,624US$14.70

Insider Trading Volume

Insider Buying: RELY insiders have only sold shares in the past 3 months.


Ownership Breakdown

What is the ownership structure of RELY?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders11,406,8565.6%
Public Companies25,441,74512.5%
General Public32,277,64415.8%
Institutions134,732,34766.1%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 25 shareholders own 61.74% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
12.5%
Naspers Limited
25,441,745US$522.3m-31.9%no data
7.34%
The Vanguard Group, Inc.
14,957,152US$307.1m2.09%no data
6.44%
BlackRock, Inc.
13,123,170US$269.4m7.87%no data
4.15%
Baillie Gifford & Co.
8,450,654US$173.5m-9.96%0.08%
3.77%
Generation Investment Management LLP
7,692,320US$157.9m0%0.83%
2.52%
AllianceBernstein L.P.
5,137,834US$105.5m367%0.03%
2.14%
ArrowMark Colorado Holdings, LLC
4,352,395US$89.4m-8.83%1.42%
2.07%
Matthew Oppenheimer
4,227,432US$86.8m-2.03%no data
1.97%
Joshua Hug
4,013,811US$82.4m-2.9%no data
1.8%
Morgan Stanley, Investment Banking and Brokerage Investments
3,677,948US$75.5m-6.03%0.01%
1.77%
Geode Capital Management, LLC
3,617,690US$74.3m2.51%no data
1.62%
State Street Global Advisors, Inc.
3,295,395US$67.7m-0.17%no data
1.47%
Cadian Capital Management, LP
3,002,788US$61.6m-45.5%1.98%
1.44%
Norges Bank Investment Management
2,931,745US$60.2m0%no data
1.22%
Dimensional Fund Advisors LP
2,494,059US$51.2m10.5%0.01%
1.16%
Deutsche Asset & Wealth Management
2,371,335US$48.7m20.4%0.01%
1.15%
FMR LLC
2,352,479US$48.3m8.71%no data
1.15%
Marshall Wace LLP
2,342,201US$48.1m49.1%0.07%
1.08%
Lead Edge Capital Management, LLC
2,208,833US$45.3m23.1%9.47%
0.9%
Nigel Morris
1,841,999US$37.8m0.99%no data
0.89%
Wellington Management Group LLP
1,813,810US$37.2m-11.4%0.01%
0.86%
Lord, Abbett & Co. LLC
1,743,496US$35.8m104%0.11%
0.81%
JP Morgan Asset Management
1,645,551US$33.8m-25%no data
0.77%
Driehaus Capital Management LLC
1,573,616US$32.3m82.5%0.19%
0.76%
Teachers Insurance and Annuity Association-College Retirement Equities Fund
1,554,576US$31.9m-16.8%0.01%

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/06/20 08:01
End of Day Share Price 2025/06/20 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Remitly Global, Inc. is covered by 11 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ramsey El-AssalBarclays
Rufus HoneBMO Capital Markets Equity Research
Andrew SchmidtCitigroup Inc