With 56% ownership of the shares, Remitly Global, Inc. (NASDAQ:RELY) is heavily dominated by institutional owners [Yahoo! Finance]
Remitly Global, Inc. (RELY)
US:NASDAQ Investor Relations:
realindustryinc.com
Company Research
Source: Yahoo! Finance
Given the large stake in the stock by institutions, Remitly Global's stock price might be vulnerable to their trading decisions 51% of the business is held by the top 8 shareholders Recent sales by insiders A look at the shareholders of Remitly Global, Inc. ( NASDAQ:RELY ) can tell us which group is most powerful. With 56% stake, institutions possess the maximum shares in the company. Put another way, the group faces the maximum upside potential (or downside risk). Given the vast amount of money and research capacities at their disposal, institutional ownership tends to carry a lot of weight, especially with individual investors. Hence, having a considerable amount of institutional money invested in a company is often regarded as a desirable trait. In the chart below, we zoom in on the different ownership groups of Remitly Global. View our latest analysis for Remitly Global NasdaqGS:RELY Ownership Breakdown December 13th 2024 What Does The Institutional Ownership Tell
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RELY
News
- The Smartest Growth Stock to Buy With $25 Right Now [Yahoo! Finance]Yahoo! Finance
- Remitly to Present at the 2024 Wells Fargo TMT SummitGlobeNewswire
- Remitly Global, Inc. (NASDAQ: RELY) had its price target raised by analysts at Barclays PLC from $20.00 to $23.00. They now have an "overweight" rating on the stock.MarketBeat
- Remitly Global, Inc. (NASDAQ: RELY) had its price target raised by analysts at Barclays PLC from $16.00 to $20.00. They now have an "overweight" rating on the stock.MarketBeat
- Remitly Global, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next [Yahoo! Finance]Yahoo! Finance
RELY
Earnings
- 10/30/24 - Beat
RELY
Sec Filings
- 12/20/24 - Form 8-K
- 12/17/24 - Form 4
- 12/11/24 - Form 4
- RELY's page on the SEC website