Destiny Tech100 Inc. $DXYZ Stock: AA Financial Advisors LLC Boosts Stake

Key Points

• AA Financial Advisors increased its Destiny Tech100 stake by 66.9% in the third quarter, adding 38,800 shares to own 96,800 shares worth approximately $2.99 million, or 0.89% of the company.
• Several other institutional investors also expanded their positions, while CEO Sohail Prasad purchased 9,760 shares. Insiders bought 56,753 shares worth about $1.79 million over the last quarter and own 9.90% of the stock.
• Destiny Tech100 shares rose 0.1% to $27.95, remaining well below the 12-month high of $72.87 and above the 12-month low of $19.71. The company invests in private technology businesses across areas including software, fintech, space technology, and artificial intelligence.

AA Financial Advisors LLC boosted its position in Destiny Tech100 Inc. (NYSE:DXYZ - Free Report) by 66.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 96,800 shares of the company's stock after buying an additional 38,800 shares during the quarter. AA Financial Advisors LLC owned approximately 0.89% of Destiny Tech100 worth $2,986,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Cetera Investment Advisers boosted its position in Destiny Tech100 by 403.9% during the 1st quarter. Cetera Investment Advisers now owns 167,973 shares of the company's stock worth $4,498,000 after acquiring an additional 134,638 shares during the last quarter. Kestra Advisory Services LLC lifted its position in shares of Destiny Tech100 by 157.8% in the first quarter. Kestra Advisory Services LLC now owns 140,185 shares of the company's stock worth $3,754,000 after purchasing an additional 85,803 shares in the last quarter. FirstWave Capital Management LLC bought a new stake in shares of Destiny Tech100 in the second quarter worth $1,729,000. Noble Wealth Management PBC boosted its holdings in Destiny Tech100 by 13,239.0% during the second quarter. Noble Wealth Management PBC now owns 40,017 shares of the company's stock worth $1,031,000 after purchasing an additional 39,717 shares during the last quarter. Finally, Virtu Financial LLC acquired a new position in Destiny Tech100 during the fourth quarter worth $743,000.

Insider Buying and Selling

In other Destiny Tech100 news, CEO Sohail Prasad purchased 9,760 shares of the business's stock in a transaction on Thursday, September 3rd. The shares were purchased at an average cost of $32.14 per share, with a total value of $313,686.40. Following the transaction, the chief executive officer directly owned 64,000 shares of the company's stock, valued at $2,056,960. This represents a 17.99% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Over the last quarter, insiders have bought 56,753 shares of company stock worth $1,792,336. Insiders own 9.90% of the company's stock.

Destiny Tech100 Stock Up 0.1%

Destiny Tech100 stock traded up $0.04 during mid-day trading on Monday, reaching $27.95. The company's stock had a trading volume of 494,900 shares, compared to its average volume of 2,233,531. Destiny Tech100 Inc. has a 12 month low of $19.71 and a 12 month high of $72.87. The business's 50 day simple moving average is $31.63 and its 200 day simple moving average is $32.94.

Destiny Tech100, Inc NYSE: DXYZ is a publicly traded closed-end investment company designed to provide investors with access to a portfolio of private technology companies. Rather than operating technology businesses directly, the company invests in privately held, venture-backed companies that it believes have the potential for long-term growth.

The company's portfolio is focused on technology-oriented businesses across areas such as software, financial technology, space technology, artificial intelligence, and other emerging industries.

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