Galaxy Digital Holdings Ltd. (TSE:GLXY) Director Bill Koutsouras Sells 50,000 Shares

Galaxy Digital Holdings Ltd. (TSE:GLXY) Director Bill Koutsouras sold 50,000 shares of the company’s stock in a transaction dated Friday, November 29th. The stock was sold at an average price of C$25.00, for a total transaction of C$1,250,000.00.

Galaxy Digital Trading Up 1.8 %

GLXY opened at C$25.61 on Friday. The company has a market capitalization of C$3.20 billion, a price-to-earnings ratio of 4.65 and a beta of 3.17. Galaxy Digital Holdings Ltd. has a 12-month low of C$7.61 and a 12-month high of C$28.84. The business’s fifty day simple moving average is C$20.14 and its 200-day simple moving average is C$16.85.

Analysts Set New Price Targets

Separately, Stifel Nicolaus lifted their price target on shares of Galaxy Digital from C$20.00 to C$24.50 and gave the company a “buy” rating in a research note on Wednesday, October 30th.

About Galaxy Digital

Galaxy Digital Holdings Ltd. engages in the digital asset and blockchain businesses. It operates through three segments: Global Markets, Asset Management, and Digital Infrastructure Solutions. The company provides various financial products and services to individuals and institutions, such as digital asset trading, derivatives, structured products, financing, capital markets, and merger and acquisition services, digital asset spot and derivatives trading, bespoke lending and structured products.