Director Michael D Daffey sells 250,000 shares at $28.88 blended average; post-transaction holdings 1.51M shares (-14.2%)
Michael D Daffey executed 2 separate sales totaling 250,000 shares for $7,219,140.64 at a blended average price of $28.88, reducing his stake from 1.76M shares to 1.51M shares. The sales occurred as Galaxy Digital's stock has climbed 18.5% over the past 30 days and 39.5% over 90 days, though it remains -35.6% below its 52-week high of $45.92. Despite strong revenue growth of 41.8% year-over-year at $10.0B in the latest quarter, the company remains unprofitable with net income of $-216.3M, creating a disconnect between financial momentum and profitability. The significant sale of 14.2% of his pre-transaction holdings warrants investor attention given the company's unprofitable status and the substantial dollar value involved.