Remitly Global, Inc.

NasdaqGS:RELY Stock Report

Market Cap: US$4.3b

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
20 Nov 24SellUS$22,796Ankur SinhaIndividual1,112US$20.50
19 Aug 24SellUS$23,873Gail MillerIndividual1,624US$14.70
08 Mar 24SellUS$23,352Ankur SinhaIndividual1,112US$21.00
06 Mar 24SellUS$690,633Ankur SinhaIndividual32,826US$21.04

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 Insiders11,536,2865.82%
Hedge Funds12,601,3266.36%
General Public25,270,43812.8%
Public Companies37,341,74518.9%
Institutions111,311,36656.2%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7%.

Top Shareholders

Top 25 shareholders own 72.6% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
18.9%
Naspers Limited
37,341,745US$811.1m0%no data
7.21%
The Vanguard Group, Inc.
14,270,894US$310.0m1.39%no data
6.36%
Cadian Capital Management, LP
12,601,326US$273.7m30.2%8.37%
5.7%
BlackRock, Inc.
11,283,827US$245.1m4.77%no data
4.66%
Baillie Gifford & Co.
9,234,732US$200.6m-9.19%0.08%
3.88%
Generation Investment Management LLP
7,692,320US$167.1m0%0.68%
2.22%
Matthew Oppenheimer
4,402,428US$95.6m-3.93%no data
2.15%
Morgan Stanley, Investment Banking and Brokerage Investments
4,262,435US$92.6m-30.7%0.01%
2.09%
Joshua Hug
4,133,811US$89.8m-0.96%no data
2.03%
JP Morgan Asset Management
4,016,711US$87.2m-32.4%0.01%
1.85%
Massachusetts Financial Services Company
3,657,924US$79.5m4.86%0.02%
1.79%
ArrowMark Colorado Holdings, LLC
3,553,263US$77.2m13.8%0.92%
1.76%
Geode Capital Management, LLC
3,479,666US$75.6m3.19%no data
1.58%
State Street Global Advisors, Inc.
3,136,399US$68.1m0.21%no data
1.4%
Wellington Management Group LLP
2,773,700US$60.2m-41.2%0.01%
1.22%
Millennium Management LLC
2,418,905US$52.5m-39.3%0.04%
1.07%
Dimensional Fund Advisors LP
2,128,816US$46.2m-0.16%0.01%
1.02%
Principal Global Investors, LLC
2,021,024US$43.9m10,200%0.02%
0.94%
Norges Bank Investment Management
1,871,323US$40.6m0%no data
0.92%
Teachers Insurance and Annuity Association-College Retirement Equities Fund
1,823,091US$39.6m118%0.01%
0.92%
Nigel Morris
1,821,106US$39.6m0.16%no data
0.87%
Deutsche Asset & Wealth Management
1,729,478US$37.6m207%0.01%
0.72%
AllianceBernstein L.P.
1,432,280US$31.1m82.4%0.01%
0.71%
Barclays PLC Private Banking & Investment Banking Investment
1,408,402US$30.6m19.2%0.02%
0.65%
Northern Trust Global Investments
1,289,125US$28.0m6.95%no data

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 15:08
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Remitly Global, Inc. is covered by 11 analysts. 9 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