Vanguard Group Inc. lifted its position in shares of Galaxy Digital Inc. (NASDAQ:GLXY - Free Report) by 27.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,669,893 shares of the company's stock after acquiring an additional 4,463,782 shares during the quarter. Vanguard Group Inc. owned approximately 5.29% of Galaxy Digital worth $462,310,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of the company. SG Americas Securities LLC grew its holdings 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 worth $5,647,000 after purchasing an additional 160,305 shares during the last quarter. Rovida Investment Management Ltd raised its holdings in Galaxy Digital by 21.2% in the 3rd 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. Capelight Capital Asset Management LP bought a new position in Galaxy Digital in the 4th quarter valued at approximately $4,025,000. Polianta Ltd acquired a new stake in Galaxy Digital during the 4th quarter worth approximately $1,379,000. Finally, Y Intercept Hong Kong Ltd acquired a new stake in Galaxy Digital during the 3rd quarter worth approximately $9,128,000.
Galaxy Digital Stock Up 3.9%
Galaxy Digital stock opened at $30.32 on Wednesday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.60 and a current ratio of 1.60. Galaxy Digital Inc. has a 52-week low of $16.43 and a 52-week high of $45.92. The firm has a 50 day moving average price of $22.20 and a two-hundred day moving average price of $25.81. The firm has a market cap of $11.80 billion and a price-to-earnings ratio of -63.17.
Galaxy Digital (NASDAQ:GLXY - Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The company reported ($0.49) EPS for the quarter, beating analysts' consensus estimates of ($0.59) by $0.10. Galaxy Digital had a negative net margin of 0.54% and a negative return on equity of 2.27%. The company had revenue of $7.35 billion for the quarter. During the same period in the prior year, the company posted ($0.86) earnings per share. Equities analysts predict that Galaxy Digital Inc. will post -0.76 EPS for the current year.
Analyst Ratings Changes
Several equities analysts have issued reports on the stock. Cantor Fitzgerald restated an "overweight" rating and issued a $30.00 price target on shares of Galaxy Digital in a research report on Friday, May 1st. Morgan Stanley reiterated an "overweight" rating and set a $37.00 price target on shares of Galaxy Digital in a report on Wednesday, April 29th. Wall Street Zen raised shares of Galaxy Digital from a "strong sell" rating to a "sell" rating in a research note on Saturday. HC Wainwright lowered their target price on Galaxy Digital from $45.00 to $40.00 and set a "buy" rating for the company in a research report on Wednesday, February 4th. Finally, Weiss Ratings downgraded Galaxy Digital from a "hold (c)" rating to a "sell (d+)" rating in a report on Thursday, March 5th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, Galaxy Digital presently has a consensus rating of "Moderate Buy" and an average price target of $39.50.
Get Our Latest Stock Analysis on Galaxy Digital
Galaxy Digital 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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Galaxy Digital, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Galaxy Digital wasn't on the list.
While Galaxy Digital currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
SpaceX has quietly filed to go public later this year. Ahead of what's expected to be the largest IPO of all time, there are seven space stocks that you can buy today that are positioned to benefit from accelerating space commercialization in 2026.
These seven companies are shaping the next phase of the space economy—from launch leaders and satellite networks to data, defense, and in-space infrastructure.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
