Destiny Tech100 (NYSE:DXYZ) CEO Sohail Prasad Purchases 13,240 Shares of Stock

Destiny Tech100 Inc. (NYSE:DXYZ) CEO Sohail Prasad acquired 13,240 shares of the business’s stock in a transaction that occurred on Wednesday, September 2nd. The shares were purchased at an average cost of $31.53 per share, for a total transaction of $417,457.20. Following the acquisition, the chief executive officer owned 54,240 shares in the company, valued at $1,710,187.20. This represents a 32.29% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

• On Thursday, September 3rd, Sohail Prasad bought 9,760 shares of Destiny Tech100 stock. The shares were acquired at an average price of $32.14 per share, for a total transaction of $313,686.40.
• On Tuesday, September 1st, Sohail Prasad bought 33,000 shares of Destiny Tech100 stock. The shares were bought at an average cost of $31.40 per share, with a total value of $1,036,200.00.

Destiny Tech100 Trading Up 2.6%

Shares of DXYZ traded up $0.84 during trading hours on Tuesday, hitting $33.54. 1,077,093 shares of the stock were exchanged, compared to its average volume of 2,470,150. The business has a 50-day moving average of $28.11 and a 200-day moving average of $32.15. Destiny Tech100 Inc. has a fifty-two week low of $19.71 and a fifty-two week high of $72.87.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Geneos Wealth Management Inc. grew its position in shares of Destiny Tech100 by 51.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 980 shares of the company’s stock valued at $26,000 after acquiring an additional 332 shares during the period. Royal Bank of Canada grew its holdings in Destiny Tech100 by 131.4% during the first quarter. Royal Bank of Canada now owns 1,439 shares of the company’s stock valued at $38,000 after purchasing an additional 817 shares during the period. NewEdge Advisors LLC grew its holdings in Destiny Tech100 by 120.0% during the first quarter. NewEdge Advisors LLC now owns 1,582 shares of the company’s stock valued at $42,000 after purchasing an additional 863 shares during the period. Sunbelt Securities Inc. purchased a new stake in Destiny Tech100 in the fourth quarter worth $28,000. Finally, CWM LLC bought a new stake in Destiny Tech100 in the 4th quarter valued at about $37,000.

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.