Key Points
- Director Douglas Deason purchased 25,000 shares at $20.80 on Feb. 4 for $520,000, raising his stake to 59,000 shares (a ~73.5% increase) as disclosed in an SEC Form 4.
- Shares fell sharply (down about 16.5%) after the firm reported a large Q4 net loss of $482 million; the quarter showed an EPS beat (‑$1.08 vs. ‑$1.24) but missed revenue expectations and the stock traded around $16.84.
- Analyst view is mixed‑positive: consensus is a "Moderate Buy" with an average price target of $45.23, while several brokers reiterated buys but some trimmed price targets (e.g., Morgan Stanley to $36), reflecting both support and near‑term caution.
Galaxy Digital Inc. (NASDAQ:GLXY - Get Free Report) Director Douglas Deason bought 25,000 shares of the stock in a transaction dated Wednesday, February 4th. The stock was purchased at an average cost of $20.80 per share, for a total transaction of $520,000.00. Following the acquisition, the director owned 59,000 shares in the company, valued at $1,227,200. The trade was a 73.53% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Galaxy Digital Trading Down 16.5%
Shares of GLXY stock opened at $16.84 on Friday. The company has a market capitalization of $6.58 billion and a P/E ratio of 14.03. Galaxy Digital Inc. has a 12-month low of $8.20 and a 12-month high of $45.92. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.36. The firm has a 50-day moving average price of $26.61 and a 200 day moving average price of $29.32.
Galaxy Digital (NASDAQ:GLXY - Get Free Report) last posted its earnings results on Tuesday, February 3rd. The company reported ($1.08) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($1.24) by $0.16. The firm had revenue of $10.37 billion during the quarter, compared to the consensus estimate of $13.08 billion.
Hedge Funds Weigh In On Galaxy Digital
Several hedge funds have recently added to or reduced their stakes in GLXY. CWM LLC increased its stake in Galaxy Digital by 20.8% in the third quarter. CWM LLC now owns 1,419 shares of the company's stock valued at $48,000 after purchasing an additional 244 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in shares of Galaxy Digital by 2.1% in the third quarter. Victory Capital Management Inc. now owns 19,596 shares of the company's stock valued at $663,000 after purchasing an additional 411 shares in the last quarter. Belpointe Asset Management LLC boosted its position in Galaxy Digital by 6.8% during the 3rd quarter. Belpointe Asset Management LLC now owns 13,641 shares of the company's stock worth $461,000 after acquiring an additional 867 shares during the last quarter. Raymond James Financial Inc. lifted its position in shares of Galaxy Digital by 6.7% in the third quarter. Raymond James Financial Inc. now owns 13,768 shares of the company's stock worth $465,000 after purchasing an additional 868 shares in the last quarter. Finally, ORG Partners LLC boosted its stake in shares of Galaxy Digital by 1,110.0% during the 3rd quarter. ORG Partners LLC now owns 968 shares of the company's stock worth $36,000 after buying an additional 888 shares during the last quarter.
More Galaxy Digital News
Here are the key news stories impacting Galaxy Digital this week:
- Positive Sentiment: HC Wainwright raised several 2026 quarterly estimates (Q2–Q4) and lifted full‑year losses slightly (FY2026 now forecast at -$0.32 vs -$0.38) while reiterating a Buy rating and a $40 price target — a constructive revision that signals improving medium‑term profitability expectations. HC Wainwright estimate changes
- Positive Sentiment: BTIG reiterated its Buy rating on GLXY, maintaining institutional support from at least one major broker. BTIG reiterates Buy
- Positive Sentiment: Director Douglas R. Deason purchased 25,000 shares at ~$20.80 (increasing his stake by ~73.5%), a significant insider buy that typically signals management confidence. SEC Form 4
- Positive Sentiment: Citizens JMP reaffirmed a "market outperform" rating with a $60 target — one of the more bullish public targets, which could support upside in sentiment if momentum shifts. Citizens JMP rating
- Neutral Sentiment: Consensus broker view remains around a "Moderate Buy," reflecting mixed but generally favorable analyst sentiment despite recent volatility. Consensus recommendation
- Neutral Sentiment: Morgan Stanley trimmed its price target from $43 to $36 but kept an "overweight" stance — a downgrade in target magnitude but still a bullish stance relative to current levels, creating mixed signaling. Morgan Stanley price target cut
- Negative Sentiment: Galaxy reported a large $482 million net loss in Q4 2025; the result and accompanying guidance weakness prompted analyst forecast cuts and an immediate share sell‑off. Those headline losses are the primary driver of today's downward price pressure. Q4 loss report
- Negative Sentiment: Multiple analysts trimmed forecasts after Q4 results and some outlets highlight continued downside risk and skeptical near‑term outlooks, which exacerbates selling momentum. Analyst forecast cuts
- Negative Sentiment: Coverage pieces and analyst notes highlighting a pessimistic near‑term outlook (including a Morgan Stanley scenario article) add to market caution and amplify the price decline. Pessimistic forecast article
Wall Street Analysts Forecast Growth
A number of research analysts recently issued reports on the company. BTIG Research reaffirmed a "buy" rating and issued a $50.00 price target on shares of Galaxy Digital in a report on Tuesday. HC Wainwright dropped their target price on shares of Galaxy Digital from $45.00 to $40.00 and set a "buy" rating for the company in a research note on Wednesday. Weiss Ratings reissued a "hold (c)" rating on shares of Galaxy Digital in a research note on Monday, December 29th. Morgan Stanley lowered their price target on shares of Galaxy Digital from $43.00 to $36.00 and set an "overweight" rating for the company in a report on Wednesday. Finally, Cantor Fitzgerald reduced their price objective on Galaxy Digital from $53.00 to $48.00 and set an "overweight" rating on the stock in a report on Monday. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $45.23.
View Our Latest Report on Galaxy Digital
Galaxy Digital Company Profile
(
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.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
