Insider Buying: Galaxy Digital (NASDAQ:GLXY) Director Acquires $100,113.00 in Stock

Galaxy Digital Inc. (NASDAQ:GLXY) Director Steven John Bandrowczak bought 5,100 shares of the business’s stock in a transaction on Monday, August 10th. The stock was bought at an average cost of $19.63 per share, for a total transaction of $100,113.00. Following the purchase, the director directly owned 39,186 shares of the company’s stock, valued at approximately $769,221.18. This trade represents a 14.96% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Galaxy Digital Stock Performance

Shares of GLXY stock opened at $21.08 on Thursday. The stock has a market cap of $8.22 billion, a PE ratio of -32.43 and a beta of 5.06. The stock has a 50-day moving average of $25.86 and a 200-day moving average of $24.86. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.70 and a quick ratio of 1.70. Galaxy Digital Inc. has a one year low of $16.43 and a one year high of $45.92.

Galaxy Digital (NASDAQ:GLXY) last released its quarterly earnings data on Wednesday, August 5th. The company reported ($0.09) earnings per share for the quarter, topping the consensus estimate of ($0.36) by $0.27. The business had revenue of $8.71 billion for the quarter. Galaxy Digital had a negative net margin of 0.75% and a negative return on equity of 6.10%. During the same period in the previous year, the business earned $0.08 EPS. As a group, sell-side analysts expect that Galaxy Digital Inc. will post -0.82 earnings per share for the current year.

Key Headlines Impacting Galaxy Digital

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

• Positive Sentiment: Galaxy Digital participated in a rebound across digital-asset infrastructure stocks after NVIDIA’s reported $500 billion AI-infrastructure commitment. The move lifted peers including TeraWulf, Hut 8 and Core Scientific, reinforcing investor interest in Galaxy’s potential data-center and AI-related opportunities. Neocloud Stocks Rally After NVIDIA’s Pledge
• Positive Sentiment: Director Steven John Bandrowczak purchased 5,100 GLXY shares at an average price of $19.63, spending approximately $100,113 and increasing his direct ownership by nearly 15%. The open-market purchase may be viewed as a sign of insider confidence following the stock’s recent weakness. Galaxy Digital Director Purchases 5,100 Shares
• Positive Sentiment: Galaxy Digital research chief Alex Thorn said Bitcoin will “survive” a reported Coldcard wallet breach that drained an estimated $130 million. His comments may help ease concerns about the incident’s broader impact on Bitcoin adoption and Galaxy’s digital-asset businesses. Bitcoin Will Survive Cold Wallet Hack
• Neutral Sentiment: Reported short-interest data showed zero shares sold short and a zero-day days-to-cover ratio. Because the figures appear incomplete or erroneous, they provide little meaningful insight into current trading pressure.
• Negative Sentiment: Maxim Group’s projections point to continued losses, including estimated EPS of negative $1.18 for fiscal 2026 and negative $2.90 for fiscal 2027, before reaching approximately breakeven in fiscal 2028. These forecasts contrast with Galaxy’s latest quarterly loss, despite its better-than-expected negative $0.09 EPS result.

Hedge Funds Weigh In On Galaxy Digital

Hedge funds have recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd lifted its position in shares of Galaxy Digital by 183.4% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,434 shares of the company’s stock worth $32,000 after purchasing an additional 928 shares in the last quarter. Picton Mahoney Asset Management boosted its holdings in Galaxy Digital by 200.0% during the fourth quarter. Picton Mahoney Asset Management now owns 1,500 shares of the company’s stock worth $34,000 after purchasing an additional 1,000 shares during the last quarter. Danske Bank A S bought a new position in Galaxy Digital in the fourth quarter valued at $36,000. Northwestern Mutual Wealth Management Co. bought a new position in Galaxy Digital in the fourth quarter valued at $46,000. Finally, Itau Unibanco Holding S.A. acquired a new stake in Galaxy Digital in the 4th quarter valued at $49,000.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on GLXY shares. Chardan Capital reissued a “buy” rating and issued a $35.00 price target on shares of Galaxy Digital in a report on Wednesday, August 5th. Zacks Research downgraded Galaxy Digital from a “hold” rating to a “strong sell” rating in a research note on Monday, July 20th. Citizens Jmp reiterated a “market outperform” rating and set a $55.00 target price on shares of Galaxy Digital in a report on Wednesday, April 29th. Cantor Fitzgerald reissued an “overweight” rating and issued a $30.00 target price on shares of Galaxy Digital in a research note on Friday, May 1st. Finally, Wall Street Zen upgraded Galaxy Digital from a “strong sell” rating to a “sell” rating in a report on Saturday, May 2nd. Ten investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $38.83.

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.