Research Analysts’ Weekly Ratings Updates for Galaxy Digital (GLXY)

Galaxy Digital (NASDAQ: GLXY) recently received a number of ratings updates from brokerages and research firms:

  • 8/21/2026 – Galaxy Digital had its “sell (d-)” rating reaffirmed by Weiss Ratings.
  • 8/19/2026 – Galaxy Digital had its price target lowered by Citigroup Inc. from $28.00 to $26.00. They now have a “neutral” rating on the stock.
  • 8/5/2026 – Galaxy Digital had its price target lowered by BTIG Research from $50.00 to $45.00. They now have a “buy” rating on the stock.
  • 8/5/2026 – Galaxy Digital had its “buy” rating reaffirmed by Chardan Capital. They now have a $35.00 price target on the stock.
  • 8/3/2026 – Galaxy Digital had its price target lowered by Rosenblatt Securities from $39.00 to $35.00. They now have a “buy” rating on the stock.
  • 7/20/2026 – Galaxy Digital was downgraded by Zacks Research from “hold” to “strong sell”.
  • 7/17/2026 – Galaxy Digital had its price target lowered by Piper Sandler from $36.00 to $33.00. They now have an “overweight” rating on the stock.

Insider Buying and Selling at Galaxy Digital

In other news, Director Douglas R. Deason bought 12,000 shares of the firm’s stock in a transaction on Wednesday, August 12th. The stock was acquired at an average cost of $21.54 per share, with a total value of $258,480.00. Following the completion of the transaction, the director directly owned 71,000 shares of the company’s stock, valued at $1,529,340. This represents a 20.34% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Steven John Bandrowczak bought 5,100 shares of the firm’s stock in a transaction on Monday, August 10th. The stock was purchased at an average cost of $19.63 per share, with a total value of $100,113.00. Following the completion of the transaction, the director directly owned 39,186 shares of the company’s stock, valued at approximately $769,221.18. The trade was a 14.96% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 51.53% of the stock is currently owned by corporate insiders.

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.

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