Ankur Sinha, Chief Product and Tech Officer at Remitly Global, sold $1,171,000 worth of common stock on May 14, 2026. The transaction involved 50,000 shares at a weighted average price of $23.42 per share (range: $23.27-$23.61).
Following the sale, Sinha directly holds 1,255,566 shares of Remitly common stock.
Remitly recently reported strong Q1 2026 earnings: revenue of $453 million (beat estimates of $438.04M) and EPS of $0.12 (in line). Citizens raised its price target to $26 from $22, while Cantor Fitzgerald reiterated Overweight with a $28 target.
