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GLXY Galaxy Digital Inc. Insider Trading

Latest: Director Sold $7.2M of Shares · May 2026

Multiple insiders have been active at Galaxy Digital Inc. (GLXY): 9 distinct insiders account for 3 buy filings and 16 sell filings as of May 2026. Its highest-significance filing in the last 90 days: Director Michael D Daffey sold $7.2M, transaction dated May 2026.

19 filings analyzed · Latest 2026-05-22

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Buys
3
Sells
16
Insiders
9
Direction
Net selling

Galaxy Digital Inc. leadership

CEO
Michael Novogratz — Chief Executive Officer
CFO
Anthony Paquette — Chief Financial Officer
COO
Erin Brown — Chief Operating Officer
General Counsel
Matthew Friedrich — Chief Legal Officer
Chair
Michael Daffey — Chair of the Board

Historically, stocks have lagged the S&P 500 by a median ~4% over the 90 days after a high insider sell (n ≈ 3,996, 2024-2026). Past results don't predict the future. How we measure this ↗

May 2026
2026-05-22
high
250,000 shares
$7,219,141
@ $28.88
Significance 6

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.

2026-05-21
high
250,000 shares
$7,193,268
@ $28.77
Significance 6

Director Michael D Daffey sold 250,000 shares (14.2% of holdings) for $7,193,267.58 at Galaxy Digital; stock now -35.6% from 52-week high despite +39.5% 90-day gain

Michael D Daffey, Director at Galaxy Digital, executed 2 separate sales totaling 250,000 shares for $7,193,267.58 on 2026-05-21, reducing holdings by 14.2% to 1,505,419 shares. The blended sale price of $28.77 occurred when the stock has recovered +39.5% over 90 days and +18.5% over 30 days, yet remains -35.6% from its 52-week high of $45.92. The company posted $10,041,444,000.00 in latest quarterly revenue with +41.8% annual growth, but reported net income of -$216,311,000.00 and remains unprofitable on a full-year basis. The substantial dollar volume and reduction in a director's absolute share count warrant investor attention given the unprofitable status and gap between current valuation and recent peaks.

February 2026
2026-02-05
low
25,000 shares
$519,950
@ $20.80
Significance 3

Director Deason purchases 25,000 GLXY shares across 3 transactions for $519,950.00 on 2026-02-04; stock down 60.7% from 52-week high.

Director Douglas R Deason purchased 25,000 shares in 3 separate transactions totaling $519,950.00 at a blended average price of $20.80, increasing his holdings by 73.5% from 34,000 to 59,000 shares. However, the stock currently trades at $16.84, representing a loss of approximately 19% on these purchases and a decline of 60.7% from its 52-week high of $42.86. Deason's cross-ticker buy track record shows 0% win rate at the 90-day mark with an average 90-day return of -43.0%, and his same-ticker history at GLXY shows 0 of 2 prior buys were well-timed, with 90-day returns ranging from -41.8% to -42.4%. The sharp 30-day decline of -35.4% and 90-day decline of -46.6% provide immediate negative context for the timing of this accumulation relative to recent market performance.

November 2025
2025-11-13
high
24,000 shares
$732,000
@ $30.50
Significance 6

Director Douglas R Deason purchased 24,000 shares of GLXY for $732,000 across 3 trades, raising stake to 34,000 shares (+240.0% vs holdings)

Director Douglas R Deason executed 3 separate purchases totaling 24,000 shares for $732,000.00 between November 11–13, 2025, at prices ranging from $30.18 to $30.82. This acquisition increased his holdings from 10,000 shares to 34,000 shares, representing a +240.0% increase in his position. The purchases occurred as the stock trades at $27.24, down 36.4% from its 52-week high of $42.86 and down 33.8% over the past 30 days, though up 4.4% over 90 days. The timing of these sequential purchases immediately follows earlier buy activity on 2025-11-07, suggesting sustained accumulation during a period of price weakness relative to recent peaks. Prior trades at GLXY show a pattern of recent buying activity, though outcomes remain unmeasurable given the recency of those transactions.

2025-11-10
high
10,000 shares
$295,918
@ $29.59
Significance 6

Director Deason bought 10,000 shares across 5 transactions totaling $295,918.00 at blended average $29.59

Director Douglas R Deason acquired 10,000 shares in Galaxy Digital Inc. through 5 separate purchases on 2025-11-07, with individual transaction prices ranging from $28.95 to $31.56 and a blended average price of $29.59. The cumulative purchase amount of $295,918.00 represents a material commitment of capital, establishing Deason's first measurable shareholding at the company. At the current price of $31.79, the position sits modestly above the blended entry price, though Galaxy Digital's stock is -25.8% from its 52-week high of $42.86 and down -19.3% over the past 30 days. The fundamental profile shows substantial revenue of $28,401,871,000.00 and net income of $505,057,000.00 in the latest quarter, providing a profitable operating base against which to evaluate the investment.

October 2025
2025-10-14
high
Chief Executive Officer
3,000,000 shares
$108,000,000
@ $36.00
Significance 7

Galaxy Digital CEO Novogratz sells 3,000,000 shares for $108,000,000 via 2 separate transactions at $36.00

Michael Novogratz executed 2 separate sales totaling 3,000,000 (3.00M shares) for $108,000,000.00 at a blended average price of $36.00 on 2025-10-10. His prior trades at GLXY (on 2025-06-09 and 2025-05-29) both posted positive 90-day returns of +29.8% and +34.9% respectively, indicating neither prior sale was well-timed at the 90-day mark. The current price of $41.14 sits near the 52-week high of $42.22, reflecting strong recent performance (30-day +38.5%, 90-day +68.9%). A FLAG notes that Table II derivative holdings are not yet populated; the shares_after count of 0 does not represent the complete position. The sale occurs amid elevated valuation relative to the 52-week range and follows a pattern of sales at this ticker without predictive timing advantage.

2025-10-14
high
President and CIO
750,000 shares
$27,000,000
@ $36.00
Significance 6

Galaxy Digital President & CIO Christopher Ferraro sold 750,000 shares ($27.0M) at $36.00; holdings reduced 52.2% to 687.9K shares

Christopher Ferraro, President and CIO of Galaxy Digital, sold 750,000 shares for $27,000,000.00 at $36.00 on 2025-10-10, a substantial reduction of 52.2% of his pre-transaction holdings from 1,437,921 shares to 687,921 shares. The stock has since appreciated to $41.14 current price, representing a -2.6% gap from the 52-week high of $42.22 and a significant 38.5% rise in the past 30 days and 68.9% rise over 90 days—meaning the sale occurred ahead of a substantial rally. His cross-ticker track record shows 1 prior sell with an average 90-day return of +34.9%, indicating the prior transaction was poorly timed (stock rose after the sale); at Galaxy Digital specifically, his single prior sell on 2025-05-29 also posted +34.9% 90-day return, establishing a pattern of selling before rallies rather than after declines. The significance of this filing merits review for any underlying strategic or operational context at the company level.

2025-10-14
high
2,477,055 shares
$89,173,980
@ $36.00
Significance 6

Galaxy Group Investments LLC (10% owner) sold 2,477,055 shares of GLXY at $36.00 for $89,173,980.00 on 2025-10-10

Galaxy Group Investments LLC, a 10% shareholder, sold 2,477,055 shares at $36.00 per share on 2025-10-10 for total proceeds of $89,173,980.00, resulting in zero remaining shares from this batch. The transaction occurred at a price $5.14 below the current market price of $41.14, and follows a 30-day surge of +38.5% and 90-day gain of +68.9% in the stock. Notably, this sale occurs within the context of derivative holdings indicated by a conversion transaction flag, meaning the insider's total position extends beyond Table I share count and likely includes convertible securities not yet reflected in available database records. The timing relative to the stock's sharp recent gains and the insider's prior sales history at this ticker (both of which occurred before subsequent stock rallies) suggests this transaction warrants monitoring for broader strategic shifts, though the derivative conversion element prevents characterization as a complete stake reduction.

September 2025
2025-09-04
high
67,500 shares
$1,653,750
@ $24.50
Significance 6

Galaxy Digital director Rhonda Adams Medina sells 67,500 shares ($1.7M) at $24.50; holdings drop -31.7%, stock now -28.2% from 52-week high

Director Rhonda Adams Medina sold 67,500 shares of Galaxy Digital at $24.50 on 2025-09-03, reducing her position from 212,886 to 145,386 shares—a material -31.7% reduction in holdings. The sale occurred $1.59 above the current market price of $22.91, but significantly below the 52-week high of $31.89; the stock has declined 28.2% from its peak and 17.2% over the trailing 30 days. The transaction's significance is heightened by the substantial size of the reduction and the timing within a period of broad weakness for the stock, though the sale at a premium to current price suggests execution occurred before recent declines. Against Galaxy Digital's $8.7B revenue base, the $30.7M net income signals margin pressure that warrants attention in context of this portfolio adjustment.

August 2025
2025-08-08
medium
50,000 shares
$1,414,000
@ $28.28
Significance 5

Director Tavoso Richard sold 50,000 shares of GLXY at $28.28 on 2025-08-08 ($1.4M); retains 400,000 shares.

Tavoso Richard, a Director at Galaxy Digital Inc., sold 50,000 shares at $28.28, reducing his holdings by 11.1% to 400,000 shares. The sale occurred near the upper range of the 52-week band ($18.15–$31.89), with the current price at $27.78 representing a 12.9% decline from the 52-week high. The stock has rallied 37.7% over the past 30 days, providing context for the sale timing. This represents a discrete material transaction by a board-level insider and warrants routine disclosure review, though isolated sales by directors do not inherently signal particular conviction about near-term prospects.

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