Galaxy Digital (NASDAQ:GLXY) Shares Gap Up – Time to Buy?

26 Nov 2025, 11:38 by Doug Wharley · The Cerbat Gem

Shares of Galaxy Digital Inc. (NASDAQ:GLXY – Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $25.48, but opened at $26.48. Galaxy Digital shares last traded at $25.83, with a volume of 839,025 shares changing hands.

Analyst Ratings Changes

Several brokerages recently weighed in on GLXY. Rosenblatt Securities boosted their price target on shares of Galaxy Digital from $35.00 to $44.00 and gave the stock a “buy” rating in a research report on Monday, October 20th. Weiss Ratings restated a “hold (c)” rating on shares of Galaxy Digital in a report on Monday. Piper Sandler increased their price target on shares of Galaxy Digital from $36.00 to $42.00 and gave the company an “overweight” rating in a report on Wednesday, October 1st. Maxim Group began coverage on Galaxy Digital in a research report on Thursday, July 31st. They issued a “buy” rating and a $40.00 price target for the company. Finally, Wall Street Zen raised Galaxy Digital from a “sell” rating to a “hold” rating in a research note on Saturday, August 16th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $43.33.

Check Out Our Latest Analysis on GLXY

Galaxy Digital Trading Up 1.8%

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 stock has a market capitalization of $10.13 billion and a PE ratio of 21.61. The company has a 50 day moving average price of $34.11.

Insider Activity at Galaxy Digital

In other Galaxy Digital news, CEO Michael Novogratz sold 3,000,000 shares of the stock in a transaction dated Friday, October 10th. The stock was sold at an average price of $36.00, for a total value of $108,000,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Douglas R. Deason purchased 10,000 shares of the stock in a transaction on Friday, November 7th. The stock was acquired at an average cost of $29.59 per share, with a total value of $295,900.00. Following the acquisition, the director owned 10,000 shares of the company’s stock, valued at approximately $295,900. This represents a ∞ increase in their position. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders have sold 3,783,333 shares of company stock worth $135,994,323.

Hedge Funds Weigh In On Galaxy Digital

Hedge funds and other institutional investors have recently modified their holdings of the stock. Harbour Capital Advisors LLC purchased a new stake in Galaxy Digital during the 2nd quarter worth approximately $349,000. AdvisorNet Financial Inc purchased a new position in shares of Galaxy Digital in the second quarter worth $125,000. SJS Investment Consulting Inc. acquired a new stake in shares of Galaxy Digital during the second quarter worth $77,000. Accurate Wealth Management LLC purchased a new stake in shares of Galaxy Digital during the second quarter valued at $440,000. Finally, Strategic Investment Solutions Inc. IL acquired a new position in shares of Galaxy Digital in the 2nd quarter valued at $79,000.

About Galaxy Digital

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