Remitly Global Inc (RELY) may enjoy gains as insiders got busy in the recent days

Remitly Global Inc’s recent filing unveils that its Chief Operating Officer Hug Joshua unloaded Company’s shares for reported $0.41 million on Mar 20 ’24. In the deal valued at $20.56 per share,20,000 shares were sold. As a result of this transaction, Hug Joshua now holds 3,993,631 shares worth roughly $83.15 million. Then, Hug Joshua sold […]

Analyzing Remitly Global Inc (RELY) After Recent Trading Activity

Remitly Global Inc’s filing revealed that its EVP, Customer and Culture Yoakum Rene unloaded Company’s shares for reported $0.3 million on Mar 15 ’24. In the deal valued at $20.08 per share,15,000 shares were sold. As a result of this transaction, Yoakum Rene now holds 81,137 shares worth roughly $1.63 million. Then, Oppenheimer Matthew B. […]

Negative sentiment towards RELY reflected in surge in short interest

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Remitly Global Inc shares valued at $127,197 were sold by Munipalli Hemanth on Feb 29 ’24. At $20.64 per share, Munipalli Hemanth sold 6,164 shares. The insider’s holdings dropped to 144,329 shares worth approximately $3.01 million following […]

Remitly Global Inc [RELY] Stock sold by Insider Yoakum Rene for $0.28 million

Remitly Global Inc’s recently made public that its EVP, Customer and Culture Yoakum Rene unloaded Company’s shares for reported $0.28 million on Feb 15. In the deal valued at $18.37 per share,15,000 shares were sold. As a result of this transaction, Yoakum Rene now holds 59,928 shares worth roughly $1.28 million. Then, Oppenheimer Matthew B. […]

Days-to-cover ratio for RELY surges to 4.82 due to rise in short interest

The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Remitly Global Inc shares valued at $275,613 were sold by Yoakum Rene on Feb 15. At $18.37 per share, Yoakum Rene sold 15,000 shares. The insider’s holdings dropped to 59,928 shares […]