Galaxy Digital Holdings (GLXY)has notable insider net $ selling

Galaxy Digital Holdings (T:GLXY)

Samuel Eli Englebardt, a Senior Officer and Subsidiary Executive, acquired 100,000 Common Shares on a direct ownership basis at a price of $3.000 through an exercise of options on December 14th, 2021. The insider also disposed 100,000 Common Shares on a direct ownership basis at prices ranging from $22.684 and $24.000 through the public market on December 14th, 2021. This represents a $2,042,092 net divestment of the company's shares and an account share holdings change of 0%.

Jason Peter Urban, a Senior Officer, disposed 7,000 Common Shares on a direct ownership basis at a price of $22.370 through the public market on December 16th, 2021. This represents a $156,590 divestment of the company's shares and an account share holdings change of -2.6%.

Galaxy Digital Holdings Ltd is a financial services and investment management company. The Company's business lines include trading, principal investments, asset management, and advisory services. It offers services in the digital asset, cryptocurrency, and blockchain technology sector. The Company invests across the capital structure, including large and small capital cryptocurrencies, illiquid initial coin offering (ICO)/Pre-ICO contributions, early- and later-stage venture capital, growth equity, private equity, and all forms of secured, unsecured, and structured lending. It provides counterparty access in the digital assets space. The Company also provides a suite of investment banking services throughout the life cycle of a transaction.