The Manufacturers Life Insurance Company bought a new position in shares of Trump Media & Technology Group Corp. (NASDAQ:DJT - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 13,287 shares of the company's stock, valued at approximately $214,000.
Other institutional investors have also recently modified their holdings of the company. Greenwich Wealth Management LLC acquired a new position in Trump Media & Technology Group in the 3rd quarter valued at $10,946,000. Charles Schwab Investment Management Inc. acquired a new position in shares of Trump Media & Technology Group during the 3rd quarter worth approximately $9,564,000. Sapient Capital LLC purchased a new stake in shares of Trump Media & Technology Group in the third quarter valued at approximately $2,339,000. Busey Bank acquired a new stake in shares of Trump Media & Technology Group in the third quarter valued at approximately $727,000. Finally, Creative Planning purchased a new position in Trump Media & Technology Group during the third quarter worth approximately $538,000. 4.29% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at Trump Media & Technology Group
In other news, Director Eric Swider sold 136,183 shares of the business's stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $28.23, for a total value of $3,844,446.09. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Phillip Juhan sold 320,000 shares of the business's stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $30.65, for a total value of $9,808,000.00. Following the transaction, the chief financial officer now owns 329,798 shares in the company, valued at $10,108,308.70. The trade was a 49.25 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 536,100 shares of company stock valued at $16,274,894. Insiders own 14.80% of the company's stock.
Trump Media & Technology Group Price Performance
Trump Media & Technology Group stock traded down $0.49 during midday trading on Tuesday, reaching $38.01. 9,062,413 shares of the stock traded hands, compared to its average volume of 15,815,811. The company has a debt-to-equity ratio of 0.01, a quick ratio of 47.49 and a current ratio of 47.49. The company has a 50-day simple moving average of $32.85 and a two-hundred day simple moving average of $28.93. Trump Media & Technology Group Corp. has a 12-month low of $11.75 and a 12-month high of $79.38.
Trump Media & Technology Group Company Profile
(
Free Report)
Trump Media & Technology Group Corp. develops a social media platform known as Truth Social that offers social networking services in the United States. The company was founded in 2021 and is based in Sarasota, Florida.
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