Remitly will host its first Investor Day on December 9, 2025, in New York City.
Quiver AI Summary
Remitly Global, Inc. announced it will host its first Investor Day since going public on December 9, 2025, at 10:00 am ET in New York City. The event will include a live webcast and a presentation that will be available for replay afterwards. Remitly is a digital financial services provider operating in over 170 countries, offering a cross-border payments app designed for fast and reliable money transfers. The company aims to expand its product offerings to enhance its global impact and customer experience.
Potential Positives
- Remitly is hosting its first Investor Day since its IPO, indicating a commitment to investor engagement and transparency.
- The event highlights Remitly's growth and expansion in digital financial services, showcasing its strategic direction and future opportunities.
- The availability of a live webcast and on-demand replay signals Remitly's commitment to accessibility and keeping stakeholders informed.
- Remitly's established global presence in over 170 countries underlines its significance and reliability in the cross-border payments market.
Potential Negatives
- Investor Day may suggest investors are seeking clarity on the company's performance and strategy, indicating potential concerns about its current state and future direction.
FAQ
What is Remitly's upcoming Investor Day date?
Remitly's first Investor Day since IPO will be held on December 9, 2025.
Where will the Investor Day take place?
The Investor Day will take place in New York City, NY.
What time does the Investor Day begin?
The event will begin at 10:00 am ET / 7:00 am PT.
How can I access the Investor Day webcast?
A live webcast and on-demand replay will be available following the event on Remitly's website.
What services does Remitly provide?
Remitly provides digital financial services for cross-border payments in over 170 countries.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$RELY Insider Trading Activity
$RELY insiders have traded $RELY stock on the open market 39 times in the past 6 months. Of those trades, 0 have been purchases and 39 have been sales.
Here’s a breakdown of recent trading of $RELY stock by insiders over the last 6 months:
- LTD NASPERS sold 11,900,000 shares for an estimated $272,331,500
- JOSHUA HUG has made 0 purchases and 12 sales selling 201,554 shares for an estimated $4,096,428.
- MATTHEW B. OPPENHEIMER (Chief Executive Officer) has made 0 purchases and 10 sales selling 145,830 shares for an estimated $2,603,794.
- ANKUR SINHA (Chief Product and Tech Officer) sold 68,634 shares for an estimated $1,654,765
- SAEMA SOMALYA (CLCAO) has made 0 purchases and 5 sales selling 64,735 shares for an estimated $1,261,654.
- PHILLIP JOHN RIESE has made 0 purchases and 4 sales selling 20,000 shares for an estimated $404,100.
- BORA CHUNG sold 13,000 shares for an estimated $295,880
- PANKAJ SHARMA (Chief Business Officer) has made 0 purchases and 2 sales selling 9,000 shares for an estimated $178,550.
- LUKE TAVIS (Chief Accounting Officer) has made 0 purchases and 3 sales selling 6,810 shares for an estimated $141,818.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$RELY Hedge Fund Activity
We have seen 157 institutional investors add shares of $RELY stock to their portfolio, and 132 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- NASPERS LTD removed 11,900,000 shares (-31.9%) from their portfolio in Q2 2025, for an estimated $223,363,000
- BLACKROCK, INC. added 5,983,767 shares (+45.6%) to their portfolio in Q2 2025, for an estimated $112,315,306
- CITADEL ADVISORS LLC added 4,884,138 shares (+2585.8%) to their portfolio in Q2 2025, for an estimated $91,675,270
- DIVISADERO STREET CAPITAL MANAGEMENT, LP added 4,560,511 shares (+848.8%) to their portfolio in Q2 2025, for an estimated $85,600,791
- CITIGROUP INC added 4,039,566 shares (+3085.1%) to their portfolio in Q2 2025, for an estimated $75,822,653
- CADIAN CAPITAL MANAGEMENT, LP removed 3,002,788 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $56,362,330
- MORGAN STANLEY removed 2,355,828 shares (-61.0%) from their portfolio in Q2 2025, for an estimated $44,218,891
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$RELY Analyst Ratings
Wall Street analysts have issued reports on $RELY in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- JMP Securities issued a "Market Outperform" rating on 09/15/2025
- Wolfe Research issued a "Outperform" rating on 09/09/2025
- Keybanc issued a "Overweight" rating on 08/07/2025
- Barclays issued a "Overweight" rating on 05/12/2025
To track analyst ratings and price targets for $RELY, check out Quiver Quantitative's $RELY forecast page.
$RELY Price Targets
Multiple analysts have issued price targets for $RELY recently. We have seen 5 analysts offer price targets for $RELY in the last 6 months, with a median target of $25.0.
Here are some recent targets:
- Will Nance from Goldman Sachs set a target price of $21.0 on 10/13/2025
- David M. Scharf from JMP Securities set a target price of $23.0 on 09/15/2025
- Darrin Peller from Wolfe Research set a target price of $25.0 on 09/09/2025
- Alex Markgraff from Keybanc set a target price of $28.0 on 08/07/2025
- Ramsey El-Assal from Barclays set a target price of $27.0 on 05/12/2025
Full Release
SEATTLE, Nov. 05, 2025 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a trusted provider of digital financial services that transcend borders, today announced that it will host its first Investor Day since IPO on Tuesday, December 9, 2025 beginning at 10:00 am ET / 7:00 am PT in New York City, NY.
A live webcast, accompanying presentation, and on-demand replay will be available here following the event.
About Remitly
Remitly is a trusted provider of digital financial services that transcend borders. With a global footprint spanning more than 170 countries, Remitly’s digitally native, cross-border payments app delights customers with a fast, reliable, and transparent money movement experience. Building on its strong foundation, Remitly is expanding its suite of products to further its vision and transform lives around the world.
Investor Relations Contact:
[email protected]
Media Contact:
[email protected]
SOURCE Remitly Global, Inc.