Pankaj Sharma, an insider at Remitly Global (NASDAQ:RELY), recently sold 3,000 shares of the company’s stock for $49,050. This transaction follows previous sales, reducing his holdings by 1.37%. Despite the insider selling, Remitly Global reported strong quarterly results, exceeding EPS and revenue expectations, and analysts maintain a “Buy” rating with an average target price of $22.78.
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Remitly Global (NASDAQ:RELY) Insider Sells $49,050.00 in Stock
Pankaj Sharma, an insider at Remitly Global (NASDAQ:RELY), recently sold 3,000 shares of the company’s stock for $49,050. This transaction follows previous sales, reducing his holdings by 1.37%. Despite the insider selling, Remitly Global reported strong quarterly results, exceeding EPS and revenue expectations, and analysts maintain a “Buy” rating with an average target price of $22.78.