Remitly Global, Inc.
At today's price, Remitly Global, Inc. (RELY) is priced for today's economics sustained for ~12.5 years. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.
At $21.11, Remitly is priced for durable compounding the static valuation methods cannot capture. The price implies more than a decade of margin expansion, which is the market betting that a recently-profitable digital remittance business keeps scaling. The fundamentals just inflected hard. First-quarter 2026 revenue rose 25 percent to $452.8 million, send volume rose 37 percent to $22.1 billion, net income jumped 332 percent to $49.1 million, and 2025 was the company's first full year of GAAP
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279 institutional managers reported holding RELY in 13F filings for the quarter ended 2026-03-31. Together they hold about 80% of the company; the top 10 hold 44%. 56 opened new positions that quarter. Held by Vanguard Group, BlackRock, Baillie Gifford, among others. On the short side, 15.7M shares were sold short as of the 2026-06-15 count, about 7% of shares outstanding (3.6 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
Open-market insider buys at RELY over the trailing three years: 2023: 3 buys totaling $5.81M. 17 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
RELY's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-04 | +12.0% | +19.5% |
| 2023-11-02 | -30.2% | -0.4% |
| 2024-02-24 | +15.9% | -14.6% |
| 2024-05-02 | -13.6% | -19.2% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
RELY's latest 8-K filings: 2026-06-11 (items 5.07); 2026-06-08 (items 5.02); 2026-05-06 (items 2.02, 7.01, 9.01); 2026-04-10 (items 5.02, 9.01); 2026-03-20 (items 5.02).
Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.
Last analyzed: June 28, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.