Galaxy Digital Holdings Ltd. (TSE:GLXY – Get Free Report)’s stock price was down 8.1% during mid-day trading on Thursday . The company traded as low as C$15.01 and last traded at C$15.23. Approximately 211,965 shares traded hands during mid-day trading, a decline of 76% from the average daily volume of 868,529 shares. The stock had previously closed at C$16.58.
Analyst Ratings Changes
Separately, ATB Capital lifted their price target on shares of Galaxy Digital from C$17.00 to C$20.00 and gave the stock an “outperform” rating in a report on Wednesday, May 15th.
Read Our Latest Stock Analysis on Galaxy Digital
Galaxy Digital Stock Performance
Insider Activity at Galaxy Digital
In other Galaxy Digital news, Director Erin Brown sold 5,000 shares of Galaxy Digital stock in a transaction that occurred on Thursday, June 13th. The shares were sold at an average price of C$15.58, for a total transaction of C$77,915.00. In related news, Director Andrew Neal Siegel sold 111,668 shares of the business’s stock in a transaction that occurred on Monday, June 3rd. The stock was sold at an average price of C$14.43, for a total value of C$1,611,402.74. Also, Director Erin Brown sold 5,000 shares of the business’s stock in a transaction on Thursday, June 13th. The stock was sold at an average price of C$15.58, for a total transaction of C$77,915.00. Insiders sold a total of 161,668 shares of company stock valued at $2,394,023 over the last ninety days. Insiders own 1.98% of the company’s stock.
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.
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