Destiny Tech100 Inc. (NYSE:DXYZ - Get Free Report)'s stock price traded down 4.1% during mid-day trading on Friday . The stock traded as low as $23.90 and last traded at $24.03. 538,263 shares were traded during mid-day trading, a decline of 11% from the average session volume of 603,323 shares. The stock had previously closed at $25.07.
Destiny Tech100 Stock Performance
The company's 50 day moving average price is $28.29 and its two-hundred day moving average price is $34.31.
Insiders Place Their Bets
In related news, CEO Sohail Prasad sold 380,000 shares of the firm's stock in a transaction on Wednesday, July 16th. The shares were sold at an average price of $34.14, for a total transaction of $12,973,200.00. Following the completion of the transaction, the chief executive officer directly owned 702,065 shares of the company's stock, valued at approximately $23,968,499.10. This trade represents a 35.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 10.29% of the stock is owned by insiders.
Institutional Investors Weigh In On Destiny Tech100
Several large investors have recently made changes to their positions in DXYZ. Raymond James Financial Inc. bought a new position in Destiny Tech100 during the second quarter valued at approximately $47,000. Harbour Investments Inc. bought a new stake in Destiny Tech100 in the 1st quarter worth approximately $56,000. Hazlett Burt & Watson Inc. raised its holdings in shares of Destiny Tech100 by 671.4% during the 1st quarter. Hazlett Burt & Watson Inc. now owns 2,700 shares of the company's stock worth $95,000 after acquiring an additional 2,350 shares in the last quarter. Bank of America Corp DE boosted its position in shares of Destiny Tech100 by 360.0% during the 4th quarter. Bank of America Corp DE now owns 2,300 shares of the company's stock valued at $135,000 after acquiring an additional 1,800 shares during the last quarter. Finally, Cresset Asset Management LLC bought a new position in shares of Destiny Tech100 during the 2nd quarter valued at approximately $221,000.
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