Galaxy Digital (NASDAQ:GLXY - Get Free Report) insider Christopher C. Ferraro sold 1,250,000 shares of the business's stock in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of $18.10, for a total transaction of $22,625,000.00. Following the sale, the insider now directly owns 1,437,921 shares in the company, valued at approximately $26,026,370.10. This represents a 46.50% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Galaxy Digital Stock Up 1.4%
GLXY traded up $0.27 during midday trading on Friday, hitting $19.34. 412,630 shares of the company traded hands, compared to its average volume of 868,383. Galaxy Digital has a 52-week low of $6.89 and a 52-week high of $26.60.
Analysts Set New Price Targets
Several analysts have recently commented on the stock. Wall Street Zen raised shares of Galaxy Digital to a "sell" rating in a report on Saturday, May 24th. HC Wainwright raised shares of Galaxy Digital to a "strong-buy" rating in a report on Friday, May 16th. Finally, Atb Cap Markets raised shares of Galaxy Digital to a "strong-buy" rating in a report on Tuesday, May 20th.
Check Out Our Latest Research Report on Galaxy Digital
About Galaxy Digital
(
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Galaxy Digital Holdings Ltd. is a financial services and an investment management company, which engages in the digital asset, cryptocurrency, and block chain technology sectors. It operates through the following segments: Trading, Principal Investment, Asset Management, Investment Banking, Mining, and Corporate & Other.
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