Remitly Global (MEX:RELY) Institutional Ownership: 58.67% (As of Aug. 24, 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:RELY Remitly Global Inc MEX:RELY
61 GF Score
Price MXN420.00
GF Value MXN364.11
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Remitly Global Institutional Ownership?

Remitly Global MEX:RELY 61 Institutional Ownership is 58.67% as of Aug. 24, 2026. GuruFocus rates MEX:RELY with a GF Score™ of 61/100 and a GF Value™ of MXN364.11 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Institutional ownership is the percentage of shares that are owned by institutions out of the total shares outstanding. As of today, Remitly Global's institutional ownership is 58.67%.

Insider Ownership is the percentage of shares that are owned by company insiders relative to the total shares outstanding. As of today, Remitly Global's Insider Ownership is 0.00%.

Float Percentage Of Total Shares Outstanding is the percentage of float shares relative to the total shares outstanding. As of today, Remitly Global's Float Percentage Of Total Shares Outstanding is 94.57%.

Remitly Global Institutional Ownership Historical Data

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The historical data trend for Remitly Global's Institutional Ownership can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Remitly Global Institutional Ownership Chart

Remitly Global Historical Data

The historical data trend for Remitly Global can be seen below:

2025-10-31 2025-11-30 2025-12-31 2026-01-31 2026-02-28 2026-03-31 2026-04-30 2026-05-31 2026-06-30 2026-07-31
Institutional Ownership 37.83 36.50 34.20 35.75 37.13 41.69 44.97 54.00 56.92 58.67
MEX:RELY
61GF Score
Remitly Global Inc MEX:RELY
Institutional Ownership is just one metric. See GF Score™, valuation, warning signs, and more.
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Remitly Global Institutional Ownership Calculation

The percentage of shares that are owned by institutions out of the total shares outstanding.

What does a Institutional Ownership of 58.67% mean?
Remitly Global (MEX:RELY) has a Institutional Ownership of 58.67% as of Aug. 24, 2026. Institutional ownership equals the percent of shares owned by financial institutions relative to total shares. View historical data on Remitly Global and its competitors.
Is Remitly Global's Institutional Ownership too high?
Remitly Global's current Institutional Ownership is 58.67%. Overall, Remitly Global has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Remitly Global's Institutional Ownership compare to ZETA and NTSK?
Remitly Global's Institutional Ownership of 58.67% can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Institutional Ownership for a Software company?
A good Institutional Ownership depends on the Software industry context. However, Institutional Ownership should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Institutional Ownership mean?
A high Institutional Ownership can signal that a stock is expensive relative to its fundamentals. Institutional ownership equals the percent of shares owned by financial institutions relative to total shares. View historical data on Remitly Global and its competitors. Remitly Global's current Institutional Ownership is 58.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Remitly Global stock overvalued right now?
Based on GuruFocus' analysis, Remitly Global (MEX:RELY) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN364.11, compared to a current price of MXN420.00 — trading 15.3% above its estimated fair value. The current Institutional Ownership is 58.67%. Remitly Global's overall GF Score™ is 61/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Institutional Ownership calculated?
Institutional Ownership is calculated from a company's financial statements. For Remitly Global (MEX:RELY), the current Institutional Ownership is 58.67% as of Aug. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Remitly Global (MEX:RELY) Overvalued in 2026?

Based on GuruFocus' analysis, Remitly Global stock appears to be overvalued. The current stock price of MXN420.00 is trading 15.3% above its estimated GF Value™ of MXN364.11. GuruFocus considers Remitly Global to be Modestly Overvalued.

Key valuation signals for MEX:RELY:

  • Institutional Ownership: 58.67%
  • GF Value™: MXN364.11 vs. price of MXN420.00 (15.3% above fair value)
  • GF Score™: 61/100 with 5 warning signs

No single metric tells the full story. See the MEX:RELY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Remitly Global Business Description

Other Exchanges RELY:USA
Address 401 Union Street, Suite 1000, Seattle, WA, USA, 98101
Remitly Global Inc provides integrated financial services to immigrants, including helping customers send money internationally in a quick, reliable, and more cost-effective manner by leveraging digital channels. It supports cross-border transmissions across the globe. The company's revenue is generated from transaction fees charged to customers, and foreign exchange spreads between the foreign exchange rate offered to customers and the foreign exchange rate on the company's currency purchases.
61GF Score

Get the complete analysis for MEX:RELY

Institutional Ownership is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN420.00
Price
MXN364.11
GF Value