Galaxy Digital (GLXY) CAO Rico Robert Daniel Sells 12,000 Shares

Galaxy Digital's Chief Accounting Officer, Rico Robert Daniel, sold 19,000 shares of the company on June 15, 2026. The shares were sold at an average price of $34.22, totaling approximately $650,180. This transaction was not part of a pre-planned trading program.

Insider Buying and Selling at Galaxy Digital

Rico Robert Daniel has been active in trading Galaxy Digital shares this month. On June 9, he sold 19,000 shares at $31.62, and on the same day, bought 12,000 shares at $4.83. Again on June 15, he sold 19,000 shares at $34.22. These transactions were not planned under Rule 10b5-1.

Other Institutional Activity in Galaxy Digital

Several institutional investors have also been adjusting their positions in Galaxy Digital. FMR LLC grew its holdings by 988,110 shares, resulting in a total of 20,902,655 shares valued at about $385.65 million. CAPITAL RESEARCH GLOBAL INVESTORS added 52,998 shares, bringing its total to 18,214,996 shares worth approximately $336.07 million. VANGUARD CAPITAL MANAGEMENT LLC took a new position with 8,287,102 shares valued at $152.90 million. Meanwhile, BLACKROCK, INC. slightly reduced its holdings by 46,807 shares, leaving it with 5,786,575 shares valued at $106.76 million.

Galaxy Digital Stock Up 34.4%

Shares of Galaxy Digital (NasdaqGS: GLXY) traded near $33.18. The company has a market cap of approximately $6.35 billion and a forward P/E ratio of 354.6, indicating high future growth expectations. The stock's beta is 3.604, suggesting it is more volatile than the market. It has a 52-week low of $16.43 and a high of $45.92, with moving averages of $27.98 (50-day) and $27.66 (200-day). The company has a current ratio of 1.699 and a quick ratio of 0.402, with a debt-to-equity ratio of 167.416.

Analysts Set New Price Targets

Analysts have shown a positive outlook on Galaxy Digital. On April 28, 2026, Chardan Capital maintained a 'buy' rating with a $35 price target. Canaccord Genuity also maintained a 'buy' rating with a $50 target on April 27. Piper Sandler reiterated a 'buy' rating with a $36 target on April 21. The consensus among analysts is a 'buy' with a target mean price of $41.69, based on 16 opinions.

About Galaxy Digital

Galaxy Digital operates in the financial services sector, focusing on capital markets. Headquartered in New York, it offers a range of services including digital asset trading, investment management, and blockchain technology solutions. Founded in 2018 by CEO Michael Edward Novogratz, the company employs around 700 people. Galaxy Digital operates through segments like Digital Assets, Data Centers, and Treasury and Corporate, providing services such as over-the-counter trading, M&A advisory, and bitcoin mining.

Bottom Line

Rico Robert Daniel's recent share sales are notable but don't necessarily indicate a bearish outlook. Galaxy Digital remains a significant player in the digital asset space, with a strong market position and positive analyst ratings. Investors should keep in mind that insider transactions are just one of many factors to consider when evaluating a stock.