Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Remitly Global Inc shares valued at $543,544 were sold by Hug Joshua on Dec 01 ’25. At $13.33 per share, Hug Joshua sold 40,776 shares. The insider’s holdings dropped to 3,654,764 shares worth approximately $49.16 million following the completion of this transaction.
Also, JOSHUA DAVID HUG purchased 40,776 shares, netting a total of over 552,311 in proceeds.
Before that, Blignaut Ryno had sold 4,500 shares from its account. In a trade valued at $59,625, the Director traded Remitly Global Inc shares for $13.25 each. Upon closing the transaction, the insider’s holdings decreased to 4,500 shares, worth approximately $0.56 million.
As published in a research note from Monness Crespi & Hardt on November 06, 2025, Remitly Global Inc [RELY] has been retained to a Buy and the price target has been revised to $28. Analysts at Wolfe Research upgraded the stock from ‘”a Peer perform”‘ to ‘”an Outperform”‘ outlook in a report released in early September. As of May 08, 2025, Monness Crespi & Hardt has reiterated its “Buy” rating for RELY. Earlier on October 31, 2024, Wells Fargo upgraded its rating. Their new recommendation was “an Equal weight” for RELY stock which previously was a “an Underweight”.
Analyzing RELY Stock Performance
On last trading session, Remitly Global Inc [NASDAQ: RELY] rose 1.05% to $13.45. The stock’s lowest price that day was $13.18, but it reached a high of $13.465 in the same session. During the last five days, there has been a surge of approximately 0.75%. Over the course of the year, Remitly Global Inc shares have dropped approximately -35.18%. Shares of the company reached a 52-week high of $27.32 on 02/18/25 and a 52-week low of $12.08 on 11/14/25.
Support And Resistance Levels for Remitly Global Inc (RELY)
According to the 24-hour chart, there is a support level at 13.27, which, if violated, would cause prices to drop to 13.08. In the upper region, resistance lies at 13.55. The next price resistance is at 13.65. RSI (Relative Strength Index) is 47.07 on the 14-day chart, showing neutral technical sentiment.
Is Remitly Global Inc subject to short interest?
Stocks of Remitly Global Inc saw a sharp steep in short interest on 2025-11-14 dropping by -0.14 million shares to 11.12 million. Data from Yahoo Finance shows that the short interest on 2025-10-15 was 11.26 million shares. A decline of -1.27% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 2.29 of the overall float, the days-to-cover ratio (short ratio) decline to 2.29.
Which companies own the most shares of Remitly Global Inc (RELY)?
In terms of Remitly Global Inc share price expectations, FactSet research, analysts set an average price target of 25 in the next 12 months, up nearly 87.83% from the previous closing price of $13.31. Analysts anticipate Remitly Global Inc stock to reach 25 by 2025, with the lowest price target being 25. In spite of this, 8 analysts ranked Remitly Global Inc stock as Buy at the end of 2025. On February 22, 2024, BMO Capital Markets assigned a price target of “an Outperform” to the stock and upgraded coverage with a $28.
