Sohail Prasad Buys 9,760 Shares of Destiny Tech100 (NYSE:DXYZ) Stock

Destiny Tech100 Inc. (NYSE:DXYZ – Get Free Report) CEO Sohail Prasad bought 9,760 shares of the company’s stock in a transaction that occurred on Thursday, September 3rd. The shares were bought at an average price of $32.14 per share, with a total value of $313,686.40. Following the transaction, the chief executive officer owned 64,000 shares of the company’s stock, valued at $2,056,960. The trade was a 17.99% increase in their position. The acquisition 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):

Get Destiny Tech100 alerts:

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

Destiny Tech100 Trading Down 4.6%

Shares of DXYZ stock opened at $32.65 on Thursday. The company’s fifty day simple moving average is $28.44 and its two-hundred day simple moving average is $32.21. Destiny Tech100 Inc. has a 52 week low of $19.71 and a 52 week high of $72.87.

Institutional Investors Weigh In On Destiny Tech100

A number of hedge funds have recently made changes to their positions in DXYZ. Geneos Wealth Management Inc. boosted its stake in Destiny Tech100 by 51.2% during the first 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 last quarter. Sunbelt Securities Inc. bought a new stake in Destiny Tech100 in the 4th quarter worth approximately $28,000. CWM LLC purchased a new stake in shares of Destiny Tech100 during the 4th quarter worth approximately $37,000. Royal Bank of Canada raised its holdings in shares of Destiny Tech100 by 131.4% during the 1st quarter. Royal Bank of Canada now owns 1,439 shares of the company’s stock worth $38,000 after acquiring an additional 817 shares in the last quarter. Finally, Clearstead Trust LLC bought a new position in shares of Destiny Tech100 during the 4th quarter valued at approximately $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.

Featured Articles

• Five stocks we like better than Destiny Tech100
• Qualcomm’s Data Center Bet Looks More Real After Amazon’s AI Deal
• GE Aerospace’s $11.75B Deal Puts Howmet Aerospace in Focus
• Casey’s Post-Earnings Drop May Give Investors a Better Entry Into a Quality Retailer
• Sovereign AI: Palantir and Nebius Cut the Cloud Cord

Receive News & Ratings for Destiny Tech100 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Destiny Tech100 and related companies with MarketBeat.com's FREE daily email newsletter.