Douglas Deason Acquires 25,000 Shares of Galaxy Digital (NASDAQ:GLXY) Stock

Galaxy Digital Inc. (NASDAQ:GLXYGet Free Report) Director Douglas Deason acquired 25,000 shares of the company’s stock in a transaction dated Wednesday, February 4th. The shares were bought at an average price of $20.80 per share, for a total transaction of $520,000.00. Following the acquisition, the director directly owned 59,000 shares of the company’s stock, valued at approximately $1,227,200. This trade represents a 73.53% increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through this link.

Galaxy Digital Stock Down 16.5%

GLXY traded down $3.32 during trading on Thursday, hitting $16.84. 15,197,634 shares of the company’s stock were exchanged, compared to its average volume of 8,057,514. The stock has a market cap of $6.58 billion and a P/E ratio of 14.03. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.36. Galaxy Digital Inc. has a fifty-two week low of $8.20 and a fifty-two week high of $45.92. The business’s 50 day moving average is $26.80 and its two-hundred day moving average is $29.40.

Galaxy Digital (NASDAQ:GLXYGet Free Report) last posted its quarterly earnings data on Tuesday, February 3rd. The company reported ($1.08) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($1.24) by $0.16. The firm had revenue of $10.37 billion for the quarter, compared to analysts’ expectations of $13.08 billion.

Analysts Set New Price Targets

A number of research analysts have weighed in on GLXY shares. JMP Securities set a $60.00 target price on Galaxy Digital in a report on Tuesday, December 9th. The Goldman Sachs Group cut their price target on shares of Galaxy Digital from $27.00 to $24.00 and set a “neutral” rating for the company in a research report on Wednesday. Canaccord Genuity Group reissued a “buy” rating and issued a $50.00 target price on shares of Galaxy Digital in a research note on Friday, January 30th. HC Wainwright reduced their price target on shares of Galaxy Digital from $45.00 to $40.00 and set a “buy” rating on the stock in a research report on Wednesday. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Galaxy Digital in a report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $45.23.

Check Out Our Latest Stock Report on Galaxy Digital

Key Stories Impacting Galaxy Digital

Here are the key news stories impacting Galaxy Digital this week:

  • Positive Sentiment: Director insider purchase — Director Douglas R. Deason bought 25,000 shares at about $20.80, increasing his stake ~73.5%, a vote of confidence from management-level ownership. SEC Form 4
  • Positive Sentiment: Analyst support — BTIG reiterated a “Buy” rating on GLXY, signaling some analysts still see upside despite the weak quarter. BTIG Reiterates Buy
  • Positive Sentiment: Citizens JMP reaffirmed a “market outperform” rating with a $60 price target, indicating bullish long‑term conviction from at least one shop. Citizens JMP PT
  • Neutral Sentiment: Morgan Stanley kept an “overweight” rating but lowered its price target from $43 to $36 — still above current levels but a trimming of near‑term expectations. Morgan Stanley PT Cut
  • Neutral Sentiment: HC Wainwright trimmed its price target (from $45 to $40) but maintained a “buy” stance — mixed signal: continued bullish view, but reduced conviction on near-term upside. HC Wainwright PT Change
  • Negative Sentiment: Weak Q4 results — Galaxy reported a roughly $482 million net loss for Q4 2025 and revenue below Street expectations (company reported ~$10.37B vs. ~$13.08B expected), which triggered a sharp selloff and prompted analysts to cut forecasts. Q4 Loss Report
  • Negative Sentiment: Market reaction & commentary — Coverage and transcripts show investor concern about mark‑to‑market losses and crypto market conditions; multiple outlets reported the stock plunged after results and analysts trimmed models. Earnings Presentation

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. CWM LLC purchased a new stake in Galaxy Digital in the 2nd quarter worth $26,000. Manchester Capital Management LLC purchased a new stake in Galaxy Digital during the second quarter valued at $32,000. Centerpoint Advisors LLC purchased a new stake in shares of Galaxy Digital during the 2nd quarter valued at about $33,000. North Star Investment Management Corp. purchased a new stake in Galaxy Digital during the third quarter valued at approximately $34,000. Finally, ORG Partners LLC raised its holdings in Galaxy Digital by 1,110.0% during the 3rd quarter. ORG Partners LLC now owns 968 shares of the company’s stock valued at $36,000 after buying an additional 888 shares during the period.

About Galaxy Digital

(Get 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.

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Insider Buying and Selling by Quarter for Galaxy Digital (NASDAQ:GLXY)

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