CEO Michael Novogratz buys $9.9 million of Galaxy Digital Inc. (GLXY)

Michael Novogratz, chief executive of Galaxy Digital Inc., bought 760,000 shares on the open market on November 5, 2026 at an average of $12.98 a share, for a total of $9.9 million. The purchase was reported to the SEC on Form 4 on November 5, 2026.

It is a new position: the filing shows no shares held directly before this purchase.

It is Michael Novogratz's first purchase of GLXY in at least 1 year of our records.

In the 12 months up to this filing, Galaxy Digital Inc. insiders reported 8 open-market purchases and 7 sales.

WallStPal Score: 63 out of 100, because of a brand-new position; a large purchase; first purchase in 1+ year; bought by a top executive.

It is too soon to say how the stock did afterward. This page will update as prices come in.

Our read

This one purchase is 84% of all insider buying at GLXY in the past year, the first open-market purchase by Michael Novogratz in our records. A single purchase is a data point, not a forecast: insiders can be early, and sometimes simply wrong.

Source: SEC Form 4 filing ↗. This story was written automatically from the filing and weekly price data. Information, not investment advice.

Examples

Earlier insider purchases at Galaxy Digital Inc. in our records: 5 purchases of $10,000 or more, and the stock was higher three months later after 1 of them (average -17.0%). The most recent was by Douglas R. Deason on February 4, 2026, after which the stock moved +25.1% in three months. Past results at one company say little about the next purchase, but they show how insider buying has worked out here before.

Explain it like I'm 13

Michael Novogratz helps run Galaxy Digital Inc.. Spending $9.9 million of their own money on the company's stock is like a coach buying a big stack of tickets to their own team's games: it suggests they think the team will do well. It is not a promise, and insiders can be wrong.

More: all GLXY insider trades · Michael Novogratz's track record