Destiny Tech100 Inc. (NYSE:DXYZ - Get Free Report) CEO Sohail Prasad bought 9,760 shares of the business's stock in a transaction dated Thursday, September 3rd. The shares were bought at an average cost of $32.14 per share, for a total transaction of $313,686.40. Following the purchase, the chief executive officer directly owned 64,000 shares in the company, valued at approximately $2,056,960. This represents a 17.99% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.
Sohail Prasad also recently made the following trade(s):
- On Wednesday, September 2nd, Sohail Prasad purchased 13,240 shares of Destiny Tech100 stock. The stock was bought at an average cost of $31.53 per share, with a total value of $417,457.20.
- On Tuesday, September 1st, Sohail Prasad acquired 33,000 shares of Destiny Tech100 stock. The stock was bought at an average price of $31.40 per share, with a total value of $1,036,200.00.
Destiny Tech100 Stock Performance
Shares of DXYZ opened at $34.10 on Wednesday. The company has a 50-day simple moving average of $28.28 and a two-hundred day simple moving average of $32.18. Destiny Tech100 Inc. has a one year low of $19.71 and a one year high of $72.87.
Institutional Investors Weigh In On Destiny Tech100
Several hedge funds have recently made changes to their positions in DXYZ. Cresset Asset Management LLC purchased a new stake in Destiny Tech100 in the second quarter worth $221,000. Raymond James Financial Inc. purchased a new position in Destiny Tech100 during the second quarter valued at $47,000. Visionary Wealth Advisors bought a new stake in shares of Destiny Tech100 during the 2nd quarter valued at $239,000. Private Advisor Group LLC boosted its holdings in shares of Destiny Tech100 by 40.5% during the 3rd quarter. Private Advisor Group LLC now owns 15,204 shares of the company's stock valued at $324,000 after buying an additional 4,384 shares in the last quarter. Finally, UBS Group AG grew its position in shares of Destiny Tech100 by 45.3% in the 3rd quarter. UBS Group AG now owns 29,639 shares of the company's stock worth $631,000 after buying an additional 9,241 shares during the period.
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.
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