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sellStrong cluster of 5

Michael Novogratz sold $61M of GLXY

Chief Executive Officer at Galaxy Digital Inc.. 3,372,875 shares at an average of $18.10, traded May 29, 2025, filed Jun 2, 2025.

Warning score
85
Value
$61M
3,372,875 shares
Holdings after
0
-100% from before
From 52-week low
0%
low $19.60, close $19.60
From 52-week high
-20%
high $24.46, as of May 29, 2025

Score components

  • Role
    CEO
    +25
  • Trade size
    $61.0M at market
    +25
  • Share of holdings sold
    Sold 100% of holdings
    +20
  • Cluster
    5 insiders selling within 14 days
    +15

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

This signal so far: 1m +20.0%, 3m +26.8%, 6m +33.9%.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

GLXYOct 9, 2026 · close 20.33
Since filing Jun 2, 2025: +9.8%SPY +33.5% · excess -23.8%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001380615-25-000007, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
May 29, 2025CConversion
Class A Common Stockindirect: Held by Galaxy Group Investments LLC
+3,372,875--3,372,875Jun 2, 2025
May 29, 2025SOpen-market sale
Class A Common Stockindirect: Held by Galaxy Group Investments LLC
-3,372,875$18.10$61M0Jun 2, 2025
May 29, 2025CConversion
Class B Common Stockderivativeindirect: Held by Galaxy Group Investments LLC
-3,372,875--198,973,125Jun 2, 2025

Related signals

Other insiders at Galaxy Digital Inc. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
6Weak
GLXYsell10b5-1
Galaxy Digital Inc.
Matthew W. Friedrich
Chief Legal Officer
$135k
4,993 shares
-2%
30Weak
GLXYsell
Galaxy Digital Inc.
Robert Daniel Rico
Chief Accounting Officer
$650k
19,000 shares
-30%
29Weak
GLXYsell
Galaxy Digital Inc.
Robert Daniel Rico
Chief Accounting Officer
$601k
19,000 shares
-27%
30Weak
GLXYsell
Galaxy Digital Inc.
Michael D Daffey
director
$7.2M
250,000 shares
-14%
30Weak
GLXYsell
Galaxy Digital Inc.
Michael D Daffey
director
$7.2M
250,000 shares
-14%
56Moderate
GLXYbuy
Galaxy Digital Inc.
Douglas R Deason
director
$520k
25,000 shares
+74%
55Moderate
GLXYbuy
Galaxy Digital Inc.
Douglas R Deason
director
$732k
24,000 shares
+240%
41Moderate
GLXYbuy
Galaxy Digital Inc.
Douglas R Deason
director
$296k
10,000 shares
-
80Strong
GLXYsell 3
Galaxy Digital Inc.
Christopher C Ferraro
President and CIO
$27M
750,000 shares
-52%
85Strong
GLXYsell 3
Galaxy Digital Inc.
Michael Novogratz
Chief Executive Officer
$108M
3,000,000 shares
-121%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.