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Remitly Global (RELY) News Today

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$23.26 +0.14 (+0.61%)
As of 01/17/2025 04:00 PM Eastern
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Remitly Global, Inc. (NASDAQ:RELY) Short Interest Down 15.9% in December
Remitly Global, Inc. (NASDAQ:RELY - Get Free Report) was the target of a large decline in short interest in December. As of December 31st, there was short interest totalling 7,020,000 shares, a decline of 15.9% from the December 15th total of 8,350,000 shares. Based on an average daily trading volume, of 1,850,000 shares, the short-interest ratio is presently 3.8 days. Approximately 4.8% of the shares of the stock are sold short.
Wells Fargo Sticks to Its Hold Rating for Remitly Global (RELY)
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Remitly Global (NASDAQ:RELY) Given New $21.00 Price Target at Wells Fargo & Company
Wells Fargo & Company raised their target price on Remitly Global from $18.00 to $21.00 and gave the stock an "equal weight" rating in a research note on Thursday.
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Remitly Global, Inc. (NASDAQ:RELY) Receives Consensus Rating of "Moderate Buy" from Analysts
Remitly Global, Inc. (NASDAQ:RELY - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the nine ratings firms that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a hold rating and eight have given a buy ratin
Remitly Global price target raised to $28 from $25 at JMP Securities
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Remitly Global (NASDAQ:RELY) Hits New 1-Year High - Here's Why
Remitly Global (NASDAQ:RELY) Hits New 1-Year High - Here's What Happened
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Remitly Global, Inc. (NASDAQ:RELY) Holdings Trimmed by JPMorgan Chase & Co.
JPMorgan Chase & Co. decreased its holdings in Remitly Global, Inc. (NASDAQ:RELY - Free Report) by 24.7% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,610,014 shares of the financial services provider's stock after selling 1,513,730 sh
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Remitly Global (NASDAQ:RELY) Shares Down 3% - Time to Sell?
Remitly Global (NASDAQ:RELY) Trading Down 3% - Should You Sell?
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Stifel Financial Corp Acquires 32,473 Shares of Remitly Global, Inc. (NASDAQ:RELY)
Stifel Financial Corp grew its holdings in Remitly Global, Inc. (NASDAQ:RELY - Free Report) by 168.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 51,756 shares of the financial services provider's stock after acquiring an a
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Principal Financial Group Inc. Has $27.06 Million Position in Remitly Global, Inc. (NASDAQ:RELY)
Principal Financial Group Inc. lifted its holdings in Remitly Global, Inc. (NASDAQ:RELY - Free Report) by 10,213.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,020,791 shares of the financial services pro
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Remitly Global (NASDAQ:RELY) Hits New 12-Month High - Should You Buy?
Remitly Global (NASDAQ:RELY) Reaches New 1-Year High - Should You Buy?
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Geode Capital Management LLC Has $46.60 Million Holdings in Remitly Global, Inc. (NASDAQ:RELY)
Geode Capital Management LLC increased its position in Remitly Global, Inc. (NASDAQ:RELY - Free Report) by 3.2% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 3,479,666 shares of the financial services provider's stock after purchasing an additional 107,4
Remitly Global Announces Consulting Agreement with Rene Yoakum
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Remitly Global, Inc. (NASDAQ:RELY) Given Average Rating of "Moderate Buy" by Analysts
Remitly Global, Inc. (NASDAQ:RELY - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the nine ratings firms that are covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the
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Remitly Global (NASDAQ:RELY) Sets New 1-Year High - What's Next?
Remitly Global (NASDAQ:RELY) Sets New 1-Year High - What's Next?
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M&T Bank Corp Makes New $693,000 Investment in Remitly Global, Inc. (NASDAQ:RELY)
M&T Bank Corp acquired a new stake in shares of Remitly Global, Inc. (NASDAQ:RELY - Free Report) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 51,762 shares of the financial services provider
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Barclays PLC Buys 227,231 Shares of Remitly Global, Inc. (NASDAQ:RELY)
Barclays PLC increased its stake in shares of Remitly Global, Inc. (NASDAQ:RELY - Free Report) by 19.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,408,402 shares of the financial services provider's stock after buy
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UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $3.24 Million Holdings in Remitly Global, Inc. (NASDAQ:RELY)
UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lessened its position in Remitly Global, Inc. (NASDAQ:RELY - Free Report) by 12.1% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 242,027 shares of the financ
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Wellington Management Group LLP Lowers Stake in Remitly Global, Inc. (NASDAQ:RELY)
Wellington Management Group LLP lessened its holdings in Remitly Global, Inc. (NASDAQ:RELY - Free Report) by 41.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,773,700 shares of the fina
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46,854 Shares in Remitly Global, Inc. (NASDAQ:RELY) Bought by Neo Ivy Capital Management
Neo Ivy Capital Management purchased a new position in Remitly Global, Inc. (NASDAQ:RELY - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 46,854 shares of the financial
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Point72 Asset Management L.P. Has $1.11 Million Stake in Remitly Global, Inc. (NASDAQ:RELY)
Point72 Asset Management L.P. lifted its position in shares of Remitly Global, Inc. (NASDAQ:RELY - Free Report) by 250.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 83,207 shares of the financial services provid
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Verition Fund Management LLC Sells 120,376 Shares of Remitly Global, Inc. (NASDAQ:RELY)
Verition Fund Management LLC decreased its position in Remitly Global, Inc. (NASDAQ:RELY - Free Report) by 67.3% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 58,409 shares of the financial services provider's stock after selling 120,376
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Holocene Advisors LP Takes Position in Remitly Global, Inc. (NASDAQ:RELY)
Holocene Advisors LP purchased a new position in shares of Remitly Global, Inc. (NASDAQ:RELY - Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 105,871 shares of the financial services provider's stock, va
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Sora Investors LLC Purchases 75,000 Shares of Remitly Global, Inc. (NASDAQ:RELY)
Sora Investors LLC boosted its position in shares of Remitly Global, Inc. (NASDAQ:RELY - Free Report) by 75.0% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 175,000 shares of the financial services provider's stock after purcha
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47,537 Shares in Remitly Global, Inc. (NASDAQ:RELY) Purchased by Edgestream Partners L.P.
Edgestream Partners L.P. purchased a new stake in Remitly Global, Inc. (NASDAQ:RELY - Free Report) during the third quarter, according to its most recent disclosure with the SEC. The firm purchased 47,537 shares of the financial services provider's stock, valued at approximately $637,000. Several o
Remitly Global price target raised to $26 from $24 at Goldman Sachs
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Intech Investment Management LLC Takes $603,000 Position in Remitly Global, Inc. (NASDAQ:RELY)
Intech Investment Management LLC purchased a new position in shares of Remitly Global, Inc. (NASDAQ:RELY - Free Report) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 45,008 shares of the financial services provider's stock, val
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Dynamic Technology Lab Private Ltd Makes New Investment in Remitly Global, Inc. (NASDAQ:RELY)
Dynamic Technology Lab Private Ltd purchased a new position in shares of Remitly Global, Inc. (NASDAQ:RELY - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 40,488 s
Remitly to Present at the 2024 Wells Fargo TMT Summit
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Massachusetts Financial Services Co. MA Buys 169,454 Shares of Remitly Global, Inc. (NASDAQ:RELY)
Massachusetts Financial Services Co. MA increased its stake in Remitly Global, Inc. (NASDAQ:RELY - Free Report) by 4.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,657,924 shares of the financial services provider's
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Remitly Global, Inc. (NASDAQ:RELY) Given Average Rating of "Moderate Buy" by Brokerages
Shares of Remitly Global, Inc. (NASDAQ:RELY - Get Free Report) have been given a consensus rating of "Moderate Buy" by the ten brokerages that are presently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating and eight have issued a buy rating
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Connor Clark & Lunn Investment Management Ltd. Sells 73,110 Shares of Remitly Global, Inc. (NASDAQ:RELY)
Connor Clark & Lunn Investment Management Ltd. lessened its holdings in Remitly Global, Inc. (NASDAQ:RELY - Free Report) by 12.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 503,466 shares of the financial services
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Remitly Global, Inc. (NASDAQ:RELY) Insider Sells 1,112 Shares
Remitly Global, Inc. (NASDAQ:RELY - Get Free Report) insider Ankur Sinha sold 1,112 shares of Remitly Global stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $20.50, for a total transaction of $22,796.00. Following the completion of the sale, the insider now directly owns 326,576 shares in the company, valued at $6,694,808. This represents a 0.34 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Remitly Global price target raised to $23 from $20 at Barclays
Remitly: Remittances Play Might Pay Off
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Remitly Global (NASDAQ:RELY) Stock Price Expected to Rise, Barclays Analyst Says
Barclays upped their target price on shares of Remitly Global from $20.00 to $23.00 and gave the stock an "overweight" rating in a research note on Monday.
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Remitly Global, Inc. (NASDAQ:RELY) Shares Sold by Aigen Investment Management LP
Aigen Investment Management LP cut its stake in Remitly Global, Inc. (NASDAQ:RELY - Free Report) by 74.2% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 12,264 shares of the financial services provider's stock after sellin
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RELY Media Mentions By Week

RELY Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

RELY
News Sentiment

0.41

0.52

Average
Business Services
News Sentiment

RELY News Coverage

We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

RELY Articles
This Week

8

3

RELY Articles
Average Week

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This page (NASDAQ:RELY) was last updated on 1/21/2025 by MarketBeat.com Staff
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