Galaxy Digital (GLXY) – Investment Analysts’ Recent Ratings Changes

A number of research firms have changed their ratings and price targets for Galaxy Digital (NASDAQ: GLXY):

• 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.

Insiders Place Their Bets

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

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.