$RELY

Remitly Global, Inc.

4
0
1
$17.6M
Hug Joshua
100%
Low

Remitly Global (RELY) affiliate files to sell 190,000 NASDAQ shares

Remitly Global (RELY) says an affiliate filed a Form 144 to sell up to 190,000 shares of its common stock on NASDAQ through J.P. Morgan Securities LLC. The filing values the block at about $4.93 million and lists an anticipated sale date of 08/07/2026. Remitly reported 211,684,054 shares outstanding.

Why Remitly Global Stock Popped 8% Today

Remitly Global (NASDAQ: RELY) shares rose about 7.7% after the company reported Q2 results that beat expectations. Send volume increased 27% to $23.5 billion, revenue rose 20% to $495.2 million, and adjusted EBITDA climbed 79% to $114.7 million. The company also raised full-year guidance to $1.98-$1.99 billion.

Why is Remitly stock surging today?

Remitly (RELY) shares rose about 7.6% after the company reported a Q2 2026 earnings beat, with adjusted EPS of $0.93 versus $0.13 expected, and revenue of $495.2M versus $485.9M. Quarterly active customers exceeded 10M for the first time. Remitly raised FY2026 revenue guidance to about $1.978B-$1.988B and issued Q3 guidance of $505M-$507M. Analysts at Wolfe and JMP raised price targets.

RELY sentiment & insider activity

Over the past 7 days, alphai's AI scored 5 news stories mentioning RELY (Remitly Global, Inc.). Coverage has skewed bullish: 4 bullish, 0 neutral, and 1 bearish.

Recent RELY coverage spans earnings, technology and corporate actions.

In the last 30 days, RELY insiders filed 5 SEC Form 4 transactions — no purchases and 5 sales ($17.6M). The most active reporter was Hug Joshua with 4 filings. 100% of activity was filed under pre-arranged Rule 10b5-1 plans.

What's driving RELY

  • The filing signals potential near-term supply from an affiliate, which can pressure sentiment/liquidity even if the size is modest versus shares outstanding.

    stocktitan.net · Aug 7, 2026

  • The earnings beat plus higher full-year guidance is a near-term positive catalyst for RELY, supporting momentum and reducing downside risk versus prior guidance.

    yahoo.com · Aug 7, 2026

  • The earnings beat plus raised revenue guidance and margin expansion are likely to sustain upward momentum and re-rate near-term expectations.

    investing.com · Aug 6, 2026

  • Results and near-term revenue guidance beat consensus, supporting bullish momentum and potentially lifting estimates for the next quarter.

    financialcontent.com · Aug 5, 2026

  • The 8-K discloses a strong Q2 print plus higher full-year and Q3 revenue and profitability ranges, which can drive near-term estimate revisions and multiple expansion.

    SEC EDGAR 8-K · Aug 5, 2026

alphai scores every news story that mentions RELY with an AI model for sentiment and relevance, and aggregates insider trades from Remitly Global, Inc.'s SEC EDGAR Form 4 filings. Figures refresh continuously.

News on $RELY

Score
$RELYMedAI 8/10

Why Remitly Global Stock Popped 8% Today

Remitly Global (NASDAQ: RELY) shares rose about 7.7% after the company reported Q2 results that beat expectations. Send volume increased 27% to $23.5 billion, revenue rose 20% to $495.2 million, and adjusted EBITDA climbed 79% to $114.7 million. The company also raised full-year guidance to $1.98-$1.99 billion.

$RELYHighAI 9/10

Why is Remitly stock surging today?

Remitly (RELY) shares rose about 7.6% after the company reported a Q2 2026 earnings beat, with adjusted EPS of $0.93 versus $0.13 expected, and revenue of $495.2M versus $485.9M. Quarterly active customers exceeded 10M for the first time. Remitly raised FY2026 revenue guidance to about $1.978B-$1.988B and issued Q3 guidance of $505M-$507M. Analysts at Wolfe and JMP raised price targets.

$RELYHighAI 9/10

Remitly Global, Inc. (RELY): Results of Operations and Financial Condition

Remitly Global, Inc. (RELY) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 rely2q26-earningspr.htm EX-99.1 Document Remitly Reports Record Second Quarter Results and Raises Full Year 2026 Outlook Quarterly Active Customers surpass 10 million Second quarter send volume up 27% and revenue up 20% year over year Second quarter net income of $205.9

$RELYLow

Remitly Global (RELY) Launches Its Global Card, Is The Upside Already Priced In?

Simply Wall St reports Remitly Global (RELY) launched the Remitly Global Card, an account for cross-border spending, remittances, multi-currency balances, and credit access. The stock has risen 77.38% YTD and 42.12% over 12 months. A valuation model cites fair value at $28.56 vs $23.45 close, about 17.9% undervalued, with risks from fee pressure and stablecoin regulation.

$RELYMedAI 8/10

Remitly Global Card Arrives With USDC Balances, Zero-APR Credit for Immigrants

Remitly launched the Remitly Global Card, a Visa debit card with a linked wallet offering USDC stablecoin balances, a zero-APR credit line for eligible U.S. customers with no credit-history check, and preferred FX rates. The phased, invitation-only rollout uses Lead Bank, Stripe Treasury, and Fifth Third Bank, with funds held at Fifth Third for FDIC pass-through up to $250,000.

$PDILow

Top insider buys and sells disclosed on Friday By Investing.com

Investing.com roundup of Friday disclosed insider trades. Buys: PIMCO Dynamic Income Fund (100,000 shares, $1.64M), Energizer Holdings (80,000 shares, about $1.66M), Elevance Health (CEO $1.00M; director $366k). Sells: Airbnb (236,601 shares, about $35.5M), BlackRock (about $19.94M), MPWR (~$20.2M), Remitly (~$17.23M), Reddit (~$7.75M).

$RELYMedAI 8/10

Remitly Granted Stored Value Facilities License from the Central Bank of the UAE

Remitly Global, Inc. (NASDAQ: RELY) said the Central Bank of the UAE granted it a Stored Value Facilities (SVF) license, Exchange Business Category IV. The company said the approval expands its regulated presence in a remittance market where about $50 billion moves across borders annually. Remitly reported 9.6 million quarterly users and $80 billion send volume over the past 12 months.

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