Bank of New York Mellon Corp Has $6.63 Million Stock Position in Trump Media & Technology Group Corp. (NASDAQ:DJT)

Bank of New York Mellon Corp grew its holdings in shares of Trump Media & Technology Group Corp. (NASDAQ:DJT - Free Report) by 15.2% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 194,374 shares of the company's stock after acquiring an additional 25,685 shares during the quarter. Bank of New York Mellon Corp owned about 0.09% of Trump Media & Technology Group worth $6,628,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. US Bancorp DE acquired a new position in shares of Trump Media & Technology Group during the third quarter valued at approximately $76,000. Amalgamated Bank bought a new stake in shares of Trump Media & Technology Group in the 3rd quarter worth $58,000. Huntington National Bank acquired a new stake in shares of Trump Media & Technology Group in the third quarter valued at $51,000. Avior Wealth Management LLC bought a new position in Trump Media & Technology Group during the third quarter valued at about $79,000. Finally, Charles Schwab Investment Management Inc. acquired a new position in Trump Media & Technology Group during the third quarter worth about $9,564,000. Institutional investors own 4.29% of the company's stock.

Insider Buying and Selling

In other Trump Media & Technology Group news, Director Eric Swider sold 5,000 shares of the business's stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $19.57, for a total transaction of $97,850.00. Following the sale, the director now owns 38,989 shares in the company, valued at approximately $763,014.73. The trade was a 11.37 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Phillip Juhan sold 21,059 shares of Trump Media & Technology Group stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $20.50, for a total transaction of $431,709.50. Following the completion of the transaction, the chief financial officer now directly owns 220,577 shares in the company, valued at approximately $4,521,828.50. This trade represents a 8.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 14.80% of the company's stock.

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Trump Media & Technology Group Price Performance

NASDAQ DJT traded down $0.57 on Thursday, reaching $20.03. The company's stock had a trading volume of 2,269,850 shares, compared to its average volume of 16,530,425. Trump Media & Technology Group Corp. has a twelve month low of $11.75 and a twelve month high of $79.38. The company has a debt-to-equity ratio of 0.01, a current ratio of 45.33 and a quick ratio of 47.49. The firm's 50 day moving average is $29.01 and its two-hundred day moving average is $28.65.

Trump Media & Technology Group Company Profile

Trump Media & Technology Group Corp. operates as a social media and technology company. Its brands include TRUTH Social, TMTG+ and TMTG News. The company is headquartered in Sarasota, FL.