Remitly Global Company Insiders

RELY Stock  USD 20.56  0.27  1.30%   
Remitly Global's insiders are aggressively selling. The analysis of insiders' sentiment of trading Remitly Global stock suggests that vertually all insiders are panicking at this time. Remitly Global employs about 2.7 K people. The company is managed by 16 executives with a total tenure of roughly 6300 years, averaging almost 393.0 years of service per executive, having 168.75 employees per reported executive.

Remitly Global's Insider Buying Vs Selling

0

 
Selling
 
Buying

Latest Trades

2024-11-26Joshua HugDisposed 22198 @ 20.62View
2024-11-20Ankur SinhaDisposed 1112 @ 20.5View
2024-11-06Pankaj SharmaDisposed 4000 @ 20View
2024-10-17Matthew B OppenheimerDisposed 40119 @ 14.22View
2024-05-29Joshua HugDisposed 26239 @ 13.23View
2024-05-13Matthew B OppenheimerDisposed 10416 @ 14.32View
2024-04-25Matthew B OppenheimerDisposed 10416 @ 17.94View
2024-04-15Rene YoakumDisposed 15000 @ 18.67View
2024-04-09Joshua HugDisposed 20000 @ 21.03View
2024-04-03Joshua HugDisposed 20000 @ 20.42View
2024-03-27Joshua HugDisposed 20000 @ 20.78View
2024-03-20Joshua HugDisposed 20000 @ 20.56View
2024-03-15Rene YoakumDisposed 15000 @ 20.08View
2024-03-12Matthew B OppenheimerDisposed 10416 @ 20.54View
2024-03-08Ankur SinhaDisposed 1112 @ 21View
2024-03-06Ankur SinhaDisposed 32826 @ 21.04View
2024-03-05Pankaj SharmaDisposed 2000 @ 20.34View
2024-01-23Matthew B OppenheimerDisposed 10416 @ 16.27View
2024-01-16Rene YoakumDisposed 15000 @ 17.89View
2023-12-15Rene YoakumDisposed 15000 @ 18.11View
Monitoring Remitly Global's insider sentiment can offer insights into its future performance, as insiders often have access to more information about their company's operations, financial health, and upcoming initiatives than the general public. However, it's essential to note that insider trading is regulated by securities laws, and insiders are required to disclose their trades publicly to ensure transparency and prevent unfair advantages based on non-public information.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Remitly Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Remitly Stock please use our How to Invest in Remitly Global guide.

Remitly Global Management Team Effectiveness

The company has return on total asset (ROA) of (0.0451) % which means that it has lost $0.0451 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1146) %, meaning that it created substantial loss on money invested by shareholders. Remitly Global's management efficiency ratios could be used to measure how well Remitly Global manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.13 in 2024. Return On Capital Employed is likely to drop to -0.18 in 2024. At this time, Remitly Global's Total Current Assets are fairly stable compared to the past year. Non Currrent Assets Other is likely to rise to about 7.4 M in 2024, whereas Total Assets are likely to drop slightly above 984.5 M in 2024.
Common Stock Shares Outstanding is likely to drop to about 94.2 M in 2024. Net Loss is likely to rise to about (97.5 M) in 2024

Remitly Global Workforce Comparison

Remitly Global is currently regarded as top stock in number of employees category among its peers. The total workforce of Financials industry is at this time estimated at about 26,534. Remitly Global retains roughly 2,700 in number of employees claiming about 10% of equities under Financials industry.

Remitly Global Profit Margins

The company has Profit Margin (PM) of (0.06) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.290.5649
Way Down
Pretty Stable

Remitly Global Insider Trading History

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Remitly Global insiders, such as employees or executives, is commonly permitted as long as it does not rely on Remitly Global's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases, Remitly Global insiders must file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Yuan Drop
 
Covid
Buy/Sell Ratio# Purchases Trades# Sales TradesTotal Shares PurchasedTotal Shares Sold
2024-12-01
0.4906
26
53
 262,825 
 592,866 
2024-09-01
0.6129
19
31
 1,068,636 
 341,197 
2024-06-01
0.9815
53
54
 1,632,237 
 618,658 
2024-03-01
0.4667
21
45
 273,924 
 576,773 
2023-12-01
0.5
24
48
 573,926 
 828,727 
2023-09-01
0.6
21
35
 1,825,425 
 2,338,507 
2023-06-01
1.4839
46
31
 1,041,315 
 493,869 
2023-03-01
0.7333
11
15
 303,260 
 410,164 
2022-12-01
0.5556
10
18
 36,937 
 650,193 
2022-09-01
0.3333
3
9
 169,015 
 32,605 
2022-06-01
2.4
12
5
 395,867 
 26,229 
2022-03-01
1.8
9
5
 356,371 
 18,667,647 
2021-09-01
0.375
12
32
 58,783,881 
 63,615,895 
2017-06-01
2.0
2
1
 13,638 
 13,935 

Remitly Global Notable Stakeholders

A Remitly Global stakeholder refers to an individual interested in an outcome of the business. Different stakeholders have different interests, and companies such as Remitly Global often face trade-offs trying to please all of them. Remitly Global's stakeholders can have a positive or negative influence on the entity's direction, and there are a lot of executives involved in getting Remitly Global's stock to the level that pleases all shareholders. Keeping track of the stakeholders is a great way to stay on top of things affecting its ongoing price.
Joshua HugCOO CoFounderProfile
Stephen ShulsteinVice RelationsProfile
Ankur SinhaChief OfficerProfile
Robert KaskelChief OfficerProfile
Vanessa BicomongMarketing RegionProfile
Rene YoakumExecutive CultureProfile
Rina HahnChief OfficerProfile
Saema JDChief OfficerProfile
Vikas MehtaChief OfficerProfile
Ronit PeledChief OfficerProfile
Saema SomalyaExecutive SecretaryProfile
Gail MillerChief OfficerProfile
Matthew OppenheimerCEO, CoFounderProfile
Pankaj SharmaChief OfficerProfile
Hemanth MunipalliChief OfficerProfile
Karim MeghjiExecutive AdvisorProfile

About Remitly Global Management Performance

The success or failure of an entity such as Remitly Global often depends on how effective the management is. Remitly Global management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Remitly management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Remitly management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.12)(0.13)
Return On Capital Employed(0.17)(0.18)
Return On Assets(0.11)(0.12)
Return On Equity(0.22)(0.21)
Please note, the imprecision that can be found in Remitly Global's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Remitly Global. Check Remitly Global's Beneish M Score to see the likelihood of Remitly Global's management manipulating its earnings.

Remitly Global Workforce Analysis

Traditionally, organizations such as Remitly Global use manpower efficiency calculations for various incentive schemes, employee appraisal, or as an initiative to improve the processes. However, it can also be used by investors to make long-term investment decisions. The trends in the profit per employee or revenue per employee are measured by net income or revenue divided by the current number of full-time employees over a given time interval. Because workforce needs differ across sectors, these ratios could be used to compare Remitly Global within its industry.

Remitly Global Manpower Efficiency

Return on Remitly Global Manpower

Revenue Per Employee349.7K
Revenue Per Executive59M
Net Loss Per Employee43.6K
Net Loss Per Executive7.4M
Working Capital Per Employee209.4K
Working Capital Per Executive35.3M

Additional Tools for Remitly Stock Analysis

When running Remitly Global's price analysis, check to measure Remitly Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Remitly Global is operating at the current time. Most of Remitly Global's value examination focuses on studying past and present price action to predict the probability of Remitly Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Remitly Global's price. Additionally, you may evaluate how the addition of Remitly Global to your portfolios can decrease your overall portfolio volatility.