Hillsdale Investment Management Inc. Acquires New Shares in Galaxy Digital Inc. $GLXY

Posted by Francis Steltz on May 31st, 2026

Hillsdale Investment Management Inc. acquired a new stake in shares of Galaxy Digital Inc. (NASDAQ:GLXY – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 311,400 shares of the company’s stock, valued at approximately $6,984,000.

Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. boosted its position in shares of Galaxy Digital by 27.5% during the fourth quarter. Vanguard Group Inc. now owns 20,669,893 shares of the company’s stock valued at $462,310,000 after buying an additional 4,463,782 shares during the last quarter. SG Americas Securities LLC boosted its position in shares of Galaxy Digital by 173.8% during the fourth quarter. SG Americas Securities LLC now owns 252,558 shares of the company’s stock valued at $5,647,000 after buying an additional 160,305 shares during the last quarter. Pictet Asset Management Holding SA boosted its position in shares of Galaxy Digital by 184.4% during the fourth quarter. Pictet Asset Management Holding SA now owns 80,708 shares of the company’s stock valued at $1,808,000 after buying an additional 52,334 shares during the last quarter. Encompass More Asset Management purchased a new stake in shares of Galaxy Digital during the fourth quarter valued at $896,000. Finally, Rovida Investment Management Ltd boosted its position in shares of Galaxy Digital by 21.2% during the third quarter. Rovida Investment Management Ltd now owns 1,861,200 shares of the company’s stock valued at $62,890,000 after buying an additional 325,000 shares during the last quarter.

Wall Street Analyst Weigh In

Several research firms recently commented on GLXY. Chardan Capital reaffirmed a “buy” rating and set a $35.00 price objective on shares of Galaxy Digital in a research report on Monday, May 4th. Citizens Jmp reaffirmed a “market outperform” rating and set a $55.00 price objective on shares of Galaxy Digital in a research report on Wednesday, April 29th. Wall Street Zen raised Galaxy Digital from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 2nd. Canaccord Genuity Group reissued a “buy” rating and issued a $50.00 target price on shares of Galaxy Digital in a research report on Friday, April 24th. Finally, Rosenblatt Securities restated a “buy” rating and set a $39.00 price target on shares of Galaxy Digital in a research note on Thursday, April 23rd. Twelve analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $39.50.

Check Out Our Latest Stock Report on GLXY

Insider Buying and Selling at Galaxy Digital

In other news, Director Michael D. Daffey sold 250,000 shares of the stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $28.77, for a total value of $7,192,500.00. Following the transaction, the director owned 1,505,419 shares in the company, valued at $43,310,904.63. This represents a 14.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 51.53% of the stock is owned by company insiders.

Galaxy Digital Price Performance

Shares of NASDAQ:GLXY opened at $29.58 on Friday. The firm’s 50 day moving average price is $25.04 and its 200-day moving average price is $25.05. Galaxy Digital Inc. has a twelve month low of $16.43 and a twelve month high of $45.92. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 0.94. The stock has a market capitalization of $11.53 billion and a PE ratio of -61.62.

Galaxy Digital (NASDAQ:GLXY – Get Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The company reported ($0.49) earnings per share for the quarter, topping the consensus estimate of ($0.59) by $0.10. Galaxy Digital had a negative net margin of 0.54% and a negative return on equity of 2.30%. The firm had revenue of $10.21 billion for the quarter. During the same quarter last year, the company earned ($0.86) EPS. Equities research analysts expect that Galaxy Digital Inc. will post -0.32 EPS for the current year.

Galaxy Digital Company Profile

(Free Report)

Galaxy Digital Holdings Ltd. (NASDAQ:GLXY) is a diversified financial services and investment management firm dedicated to the digital assets and blockchain technology sectors. Established in 2018 by Mike Novogratz, the company operates across trading, asset management, principal investing and advisory services. Galaxy Digital caters to institutional clients, high-net-worth investors and corporations seeking exposure to cryptocurrencies, decentralized finance (DeFi) protocols and other blockchain-based assets.

In its trading division, Galaxy Digital provides market-making, execution and over-the-counter (OTC) solutions for a wide range of digital tokens.