Insider Buying: Destiny Tech100 (NYSE:DXYZ) COO Acquires $24,992.07 in Stock

Destiny Tech100 Inc. (NYSE:DXYZ) COO Ethan Silver bought 753 shares of the firm’s stock in a transaction that occurred on Monday, August 31st. The stock was purchased at an average cost of $33.19 per share, with a total value of $24,992.07. Following the completion of the transaction, the chief operating officer owned 753 shares in the company, valued at approximately $24,992.07. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Destiny Tech100 Stock Performance

NYSE:DXYZ opened at $32.11 on Friday. The stock’s 50 day moving average price is $28.74 and its 200 day moving average price is $32.24. Destiny Tech100 Inc. has a 52-week low of $19.71 and a 52-week high of $72.87.

Hedge Funds Weigh In On Destiny Tech100

A number of hedge funds have recently modified their holdings of DXYZ. Cetera Investment Advisers increased its stake in Destiny Tech100 by 403.9% in the first quarter. Cetera Investment Advisers now owns 167,973 shares of the company’s stock valued at $4,498,000 after purchasing an additional 134,638 shares during the period. Virtu Financial LLC purchased a new stake in shares of Destiny Tech100 in the fourth quarter valued at about $743,000. Kestra Advisory Services LLC boosted its stake in shares of Destiny Tech100 by 157.8% during the first quarter. Kestra Advisory Services LLC now owns 140,185 shares of the company’s stock worth $3,754,000 after buying an additional 85,803 shares during the period. FirstWave Capital Management LLC acquired a new stake in shares of Destiny Tech100 during the second quarter worth about $1,729,000. Finally, Kestra Private Wealth Services LLC purchased a new position in shares of Destiny Tech100 during the first quarter worth about $645,000.

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.