Destiny Tech100 (NYSE:DXYZ) Stock Price Up 27% – Still a Buy?

by · The Cerbat Gem

Destiny Tech100 Inc. (NYSE:DXYZGet Free Report) traded up 27% during trading on Thursday . The stock traded as high as $62.00 and last traded at $61.7340. 9,953,343 shares traded hands during mid-day trading, an increase of 337% from the average session volume of 2,277,896 shares. The stock had previously closed at $48.60.

Destiny Tech100 Trading Up 27.0%

The stock’s fifty day simple moving average is $33.29 and its 200-day simple moving average is $30.08.

Institutional Trading of Destiny Tech100

A number of large investors have recently modified their holdings of the stock. Geneos Wealth Management Inc. increased its position in shares of Destiny Tech100 by 51.2% during the first quarter. Geneos Wealth Management Inc. now owns 980 shares of the company’s stock worth $26,000 after acquiring an additional 332 shares during the period. Royal Bank of Canada grew its stake in 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 purchasing an additional 817 shares in the last quarter. Sunbelt Securities Inc. acquired a new position in Destiny Tech100 during the 4th quarter worth $28,000. CWM LLC acquired a new position in Destiny Tech100 during the 4th quarter worth $37,000. Finally, Raymond James Financial Inc. acquired a new position in Destiny Tech100 during the 2nd quarter worth $47,000.

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