Galaxy Digital (NASDAQ:GLXY) Insider Sells $134,960.79 in Stock

Posted by Brenda Bartman on Sep 13th, 2026

Galaxy Digital Inc. (NASDAQ:GLXY – Get Free Report) insider Matthew Friedrich sold 4,993 shares of the stock in a transaction dated Wednesday, September 9th. The stock was sold at an average price of $27.03, for a total value of $134,960.79. Following the transaction, the insider owned 275,782 shares of the company’s stock, valued at approximately $7,454,387.46. The trade was a 1.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Galaxy Digital Stock Up 1.1%

Shares of Galaxy Digital stock opened at $24.40 on Friday. The business’s 50 day simple moving average is $23.13 and its 200 day simple moving average is $24.85. Galaxy Digital Inc. has a 52-week low of $16.43 and a 52-week high of $45.92. The firm has a market cap of $9.54 billion, a PE ratio of -37.54 and a beta of 5.10. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.50 and a current ratio of 1.50.

Galaxy Digital (NASDAQ:GLXY – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported ($0.09) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.36) by $0.27. The firm had revenue of $8.71 billion during the quarter. Galaxy Digital had a negative return on equity of 6.25% and a negative net margin of 0.75%.During the same period last year, the company earned $0.08 EPS. On average, analysts predict that Galaxy Digital Inc. will post -0.79 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Galaxy Digital

A number of institutional investors and hedge funds have recently made changes to their positions in GLXY. Northwestern Mutual Wealth Management Co. bought a new position in shares of Galaxy Digital in the second quarter valued at $30,000. Caitong International Asset Management Co. Ltd raised its position in Galaxy Digital by 183.4% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,434 shares of the company’s stock worth $32,000 after acquiring an additional 928 shares in the last quarter. Picton Mahoney Asset Management lifted its stake in Galaxy Digital by 200.0% in the fourth quarter. Picton Mahoney Asset Management now owns 1,500 shares of the company’s stock valued at $34,000 after acquiring an additional 1,000 shares during the last quarter. Hollencrest Capital Management lifted its stake in Galaxy Digital by 204.0% in the first quarter. Hollencrest Capital Management now owns 2,584 shares of the company’s stock valued at $48,000 after acquiring an additional 1,734 shares during the last quarter. Finally, Itau Unibanco Holding S.A. bought a new position in shares of Galaxy Digital in the 4th quarter valued at about $49,000.

Analysts Set New Price Targets

GLXY has been the subject of several recent research reports. Rosenblatt Securities reduced their target price on shares of Galaxy Digital from $39.00 to $35.00 and set a “buy” rating for the company in a report on Monday, August 3rd. Chardan Capital reiterated a “buy” rating and issued a $35.00 price target on shares of Galaxy Digital in a research note on Wednesday, August 5th. Piper Sandler cut their price target on shares of Galaxy Digital from $36.00 to $33.00 and set an “overweight” rating on the stock in a research report on Friday, July 17th. Morgan Stanley boosted their price target on shares of Galaxy Digital from $37.00 to $48.00 and gave the stock an “overweight” rating in a research report on Thursday, September 3rd. Finally, Zacks Research downgraded shares of Galaxy Digital from a “hold” rating to a “strong sell” rating in a research note on Monday, July 20th. Ten investment analysts have rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $39.58.

View Our Latest Report on GLXY

About Galaxy Digital

(Get Free Report)

Galaxy Digital Holdings Ltd. (NASDAQ: GLXY) is a financial services and technology company focused on the digital asset and blockchain ecosystem. Founded in 2018 by Michael Novogratz, the company provides institutions, entrepreneurs and other market participants with access to a range of cryptocurrency-related financial products and services.

Galaxy’s business activities include investment banking, trading and liquidity provision, asset management, and digital infrastructure. Its services may include capital raising and strategic advisory, over-the-counter and electronic trading, derivatives and other market-related activities, investment products, and infrastructure supporting blockchain networks and digital asset operations.

The company serves clients across global digital asset markets, with operations and business relationships spanning North America and other international financial centers.