Bill Koutsouras Sells 50,000 Shares of Galaxy Digital Holdings Ltd. (TSE:GLXY) Stock

Galaxy Digital Holdings Ltd. (TSE:GLXY) Director Bill Koutsouras sold 50,000 shares of the business’s stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of C$25.00, for a total transaction of C$1,250,000.00.

Galaxy Digital Price Performance

GLXY opened at C$25.61 on Monday. The stock has a market capitalization of C$3.20 billion, a price-to-earnings ratio of 4.65 and a beta of 3.17. Galaxy Digital Holdings Ltd. has a 12 month low of C$7.61 and a 12 month high of C$28.84. The business has a 50-day moving average of C$20.14 and a two-hundred day moving average of C$16.88.

Analyst Ratings Changes

Separately, Stifel Nicolaus boosted their price target on Galaxy Digital from C$20.00 to C$24.50 and gave the company a “buy” rating in a report on Wednesday, October 30th.

Galaxy Digital Company Profile

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.