Destiny Tech100 (NYSE:DXYZ) CEO Buys $313,686.40 in Stock

Destiny Tech100 Inc. (NYSE:DXYZ) CEO Sohail Prasad purchased 9,760 shares of the company’s stock in a transaction on Thursday, September 3rd. The shares were purchased at an average price of $32.14 per share, with a total value of $313,686.40. Following the completion of the purchase, the chief executive officer directly owned 64,000 shares of the company’s stock, valued at $2,056,960. The trade was a 17.99% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Sohail Prasad also recently made the following trade(s):

• On Wednesday, September 2nd, Sohail Prasad purchased 13,240 shares of Destiny Tech100 stock. The shares were acquired at an average cost of $31.53 per share, for a total transaction of $417,457.20.
• On Tuesday, September 1st, Sohail Prasad bought 33,000 shares of Destiny Tech100 stock. The shares were acquired at an average price of $31.40 per share, for a total transaction of $1,036,200.00.

Destiny Tech100 Stock Performance

Shares of DXYZ opened at $32.03 on Friday. Destiny Tech100 Inc. has a 12 month low of $19.71 and a 12 month high of $72.87. The stock’s 50-day moving average is $28.59 and its two-hundred day moving average is $32.24.

Institutional Trading of Destiny Tech100

Hedge funds have recently made changes to their positions in the stock. Geneos Wealth Management Inc. boosted its holdings in shares of Destiny Tech100 by 51.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 980 shares of the company’s stock valued at $26,000 after buying an additional 332 shares during the period. Sunbelt Securities Inc. acquired a new stake in Destiny Tech100 during the fourth quarter worth about $28,000. CWM LLC acquired a new stake in Destiny Tech100 during the fourth quarter worth about $37,000. Royal Bank of Canada lifted its holdings in Destiny Tech100 by 131.4% in the first quarter. Royal Bank of Canada now owns 1,439 shares of the company’s stock worth $38,000 after acquiring an additional 817 shares during the last quarter. Finally, Clearstead Trust LLC bought a new position in Destiny Tech100 in the fourth quarter worth about $42,000.

Destiny Tech100 is an investment company that focuses on providing exposure to a portfolio of high-growth technology businesses. The company’s strategy is centered on identifying innovative private and public technology-related companies that it believes have significant long-term potential.

As a specialty investment vehicle, Destiny Tech100 is designed for investors seeking access to the technology sector through a diversified approach rather than through a single operating business.