Galaxy Digital (NASDAQ:GLXY) Shares Gap Up on Insider Buying Activity

Galaxy Digital Inc. (NASDAQ:GLXY)’s stock price gapped up prior to trading on Friday after an insider bought additional shares in the company. The stock had previously closed at $16.84, but opened at $19.63. Galaxy Digital shares last traded at $19.16, with a volume of 2,265,703 shares.

Specifically, Director Douglas R. Deason acquired 25,000 shares of Galaxy Digital stock in a transaction that occurred on Wednesday, February 4th. The shares were purchased at an average price of $20.80 per share, for a total transaction of $520,000.00. Following the completion of the transaction, the director owned 59,000 shares in the company, valued at $1,227,200. This represents a 73.53% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the stock. Rosenblatt Securities reissued a “buy” rating and issued a $46.00 price objective on shares of Galaxy Digital in a report on Friday, January 30th. Cantor Fitzgerald reduced their price target on shares of Galaxy Digital from $53.00 to $48.00 and set an “overweight” rating on the stock in a research report on Monday. HC Wainwright cut their target price on Galaxy Digital from $45.00 to $40.00 and set a “buy” rating on the stock in a research report on Wednesday. Canaccord Genuity Group restated a “buy” rating and set a $50.00 price target on shares of Galaxy Digital in a research note on Friday, January 30th. Finally, Morgan Stanley cut their price objective on Galaxy Digital from $43.00 to $36.00 and set an “overweight” rating on the stock in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $45.23.

Key Stories Impacting Galaxy Digital

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

• Positive Sentiment: Board approved a $200 million share repurchase program, which signals management confidence and should support the stock by reducing float and returning capital. Read More.
• Positive Sentiment: Director Douglas R. Deason bought 25,000 shares (~$520k at ~$20.80), increasing his stake by ~73.5% — a meaningful insider buy that typically reinforces investor confidence. Read More.
• Positive Sentiment: HC Wainwright raised several 2026 quarterly estimates (Q2–Q4) and nudged FY2026 expectations slightly better while keeping a Buy rating and $40 target — a constructive revision to medium‑term profitability expectations. Read More.
• Positive Sentiment: BTIG reiterated its Buy rating, and Citizens JMP reaffirmed a market‑outperform stance (with a $60 target), providing continued institutional support from some brokers. Read More.
• Neutral Sentiment: Morgan Stanley trimmed its price target from $43 to $36 but kept an “overweight” rating — mixed signaling: lower target yet still constructive stance relative to the market. Read More.
• Neutral Sentiment: Consensus broker view remains around “Moderate Buy,” reflecting generally favorable but varied analyst expectations across the coverage base. Read More.
• Negative Sentiment: Galaxy reported a large $482 million net loss in Q4 2025 and missed revenue expectations — the Q4 headline loss and revenue shortfall are the main fundamentals-driven reasons for recent weakness and analyst caution. Read More.
• Negative Sentiment: Several analysts cut near‑term forecasts after the Q4 report and coverage pieces highlighted a pessimistic near‑term outlook, which amplified selling pressure prior to today’s rebound. Read More.

Galaxy Digital Price Performance

The firm has a market capitalization of $7.53 billion and a PE ratio of 16.06. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.36. The company has a fifty day moving average price of $26.61 and a two-hundred day moving average price of $29.32.

Galaxy Digital (NASDAQ:GLXY) last released its quarterly earnings results on Tuesday, February 3rd. The company reported ($1.08) EPS for the quarter, topping the consensus estimate of ($1.24) by $0.16. The firm had revenue of $10.37 billion for the quarter, compared to analyst estimates of $13.08 billion.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Rovida Advisors Inc. acquired a new position in Galaxy Digital during the 2nd quarter worth approximately $33,612,000. RFG Advisory LLC acquired a new position in Galaxy Digital during the second quarter worth $898,000. Seven Grand Managers LLC purchased a new position in Galaxy Digital in the second quarter worth $27,375,000. SG Americas Securities LLC purchased a new position in Galaxy Digital in the third quarter worth $3,119,000. Finally, Rovida Investment Management Ltd acquired a new stake in Galaxy Digital in the second quarter valued at $33,612,000.

About Galaxy Digital

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.