Galaxy Digital Holdings Ltd. (TSE:GLXY) Director Sells C$1,250,000.00 in Stock
Galaxy Digital Holdings Ltd. (TSE:GLXY) Director Bill Koutsouras sold 50,000 shares for C$250,000 on November 29. The stock traded up 1.8% to C$0.61, with a market cap of C$2.20 billion and a P/E ratio of 4.56. Analyst Stifel Nicolaus raised the price target from C$0.00 to C$0.50, maintaining a "buy" rating. Galaxy Digital operates in digital asset and blockchain sectors, providing various financial services.
Galaxy Digital Holdings Ltd. (TSE:GLXY - Get Free Report) Director Bill Koutsouras sold 50,000 shares of the firm's stock in a transaction on 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.
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Galaxy Digital Trading Up 1.8 %
Shares of GLXY stock traded up C$0.46 on Friday, hitting C$25.61. The stock had a trading volume of 632,058 shares, compared to its average volume of 823,404. The company has a fifty day moving average price of C$19.93 and a two-hundred day moving average price of C$16.77. Galaxy Digital Holdings Ltd. has a twelve month low of C$7.61 and a twelve month high of C$28.84. The firm has a market cap of C$3.20 billion, a P/E ratio of 4.56 and a beta of 3.17.
Analyst Ratings Changes
Separately, Stifel Nicolaus lifted their price objective on shares of Galaxy Digital from C$20.00 to C$24.50 and gave the stock a "buy" rating in a research note on Wednesday, October 30th.
Check Out Our Latest Report on GLXY
About Galaxy Digital
(Get Free Report)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.
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