Galaxy Digital Holdings Ltd. (TSE:GLXY – Get Free Report) Director Bill Koutsouras sold 50,000 shares of Galaxy Digital stock in a transaction dated Friday, November 29th. The shares were sold at an average price of C$25.00, for a total value of C$1,250,000.00.
Galaxy Digital Stock Up 1.8 %
Shares of GLXY opened at C$25.61 on Friday. Galaxy Digital Holdings Ltd. has a twelve month low of C$7.61 and a twelve month high of C$28.84. The company has a 50 day moving average of C$20.14 and a two-hundred day moving average of C$16.85. The company has a market cap of C$3.20 billion, a price-to-earnings ratio of 4.65 and a beta of 3.17.
Analyst Upgrades and Downgrades
Separately, Stifel Nicolaus increased 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 report 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.
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