In a filing, Remitly Global Inc revealed its Chief Executive Officer Oppenheimer Matthew B. unloaded Company’s shares for reported $0.23 million on Oct 15 ’25. In the deal valued at $15.59 per share,14,583 shares were sold. As a result of this transaction, Oppenheimer Matthew B. now holds 4,515,188 shares worth roughly $57.39 million.
Then, Oppenheimer Matthew B. sold 14,583 shares, generating $224,432 in total proceeds. Upon selling the shares at $15.39, the Chief Executive Officer now owns 4,500,605 shares.
Before that, Matthew B. Oppenheimer bought 29,166 shares. Remitly Global Inc shares valued at $451,490 were divested by the Officer at a price of $15.48 per share.
Monness Crespi & Hardt reiterated its Remitly Global Inc [RELY] rating to a Buy in a research note published on November 06, 2025; the price target was $28. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who increased its forecast for the stock in early September from “a Peer perform” to “an Outperform”. Monness Crespi & Hardt also remained covering RELY and reiterated its “Buy” recommendation on May 08, 2025. Wells Fargo revised its rating on October 31, 2024. It rated RELY as “an Equal weight” which previously was an “an Underweight”.
Price Performance Review of RELY
On Friday, Remitly Global Inc [NASDAQ:RELY] saw its stock jump 3.25% to $12.71. Over the last five days, the stock has lost -20.76%. Remitly Global Inc shares have fallen nearly -34.35% since the year began. Nevertheless, the stocks have fallen -43.69% over the past one year. While a 52-week high of $27.32 was reached on 02/18/25, a 52-week low of $12.20 was recorded on 11/07/25.
Levels Of Support And Resistance For RELY Stock
The 24-hour chart illustrates a support level at 12.28, which if violated will result in even more drops to 11.84. On the upside, there is a resistance level at 13.03. A further resistance level may holdings at 13.35.
How much short interest is there in Remitly Global Inc?
A steep rise in short interest was recorded in Remitly Global Inc stocks on 2025-10-15, dropping by -1.71 million shares to a total of 11.26 million shares. Yahoo Finance data shows the prior-month short interest on 2025-09-15 was 12.97 million shares. There was a decline of -15.16%, which implies that there is a negative sentiment for the stock.
