59,582 Destiny Tech100 Inc. $DXYZ Shares Sold by Kestra Advisory Services LLC

Kestra Advisory Services LLC reduced its holdings in Destiny Tech100 Inc. (NYSE:DXYZ) by 26.7% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 163,581 shares of the company’s stock after selling 59,582 shares during the quarter. Kestra Advisory Services LLC’s holdings in Destiny Tech100 were worth $5,046,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. Cetera Investment Advisers lifted 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 buying an additional 134,638 shares during the period. AA Financial Advisors LLC grew its position in shares of Destiny Tech100 by 66.9% during the 3rd quarter. AA Financial Advisors LLC now owns 96,800 shares of the company’s stock worth $2,986,000 after buying an additional 38,800 shares during the period. FirstWave Capital Management LLC bought a new stake in shares of Destiny Tech100 in the 2nd quarter valued at $1,729,000. Sowell Financial Services LLC increased its stake in shares of Destiny Tech100 by 99.1% in the 3rd quarter. Sowell Financial Services LLC now owns 57,075 shares of the company’s stock valued at $1,761,000 after acquiring an additional 28,410 shares in the last quarter. Finally, Noble Wealth Management PBC increased its stake in shares of Destiny Tech100 by 13,239.0% in the 2nd quarter. Noble Wealth Management PBC now owns 40,017 shares of the company’s stock valued at $1,031,000 after acquiring an additional 39,717 shares in the last quarter.

Destiny Tech100 Trading Down 2.3%

Destiny Tech100 stock opened at $25.36 on Friday. Destiny Tech100 Inc. has a 12-month low of $19.71 and a 12-month high of $72.87. The firm’s fifty day moving average is $29.35 and its 200 day moving average is $31.30.

Insiders Place Their Bets

In other news, CEO Sohail Prasad purchased 33,000 shares of the business’s stock in a transaction on Tuesday, September 1st. The shares were acquired at an average price of $31.40 per share, for a total transaction of $1,036,200.00. Following the completion of the acquisition, the chief executive officer owned 41,000 shares in the company, valued at approximately $1,287,400. The trade was a 412.50% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Over the last 90 days, insiders purchased 56,753 shares of company stock worth $1,792,336. 1.60% of the stock is currently owned by corporate insiders.

Destiny Tech100 Inc. is a non-diversified, closed-end investment company that seeks long-term capital appreciation by investing in private technology businesses. Rather than operating technology products or services itself, the company provides investors with exposure to a portfolio of venture-backed companies. The fund focuses on high-growth technology companies and may invest through direct holdings, special-purpose vehicles and secondary-market transactions. Its portfolio is designed to include approximately 100 companies, though the number and composition of investments can change over time.