Charles Schwab Investment Management Inc. Acquires 193,563 Shares of Trump Media & Technology Group Corp. (NASDAQ:DJT)

Charles Schwab Investment Management Inc. grew its position in shares of Trump Media & Technology Group Corp. (NASDAQ:DJT - Free Report) by 32.5% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 788,722 shares of the company's stock after acquiring an additional 193,563 shares during the period. Charles Schwab Investment Management Inc. owned about 0.36% of Trump Media & Technology Group worth $26,895,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Allworth Financial LP grew its stake in Trump Media & Technology Group by 13.6% in the fourth quarter. Allworth Financial LP now owns 3,385 shares of the company's stock worth $114,000 after purchasing an additional 406 shares during the period. Amalgamated Bank boosted its holdings in shares of Trump Media & Technology Group by 15.2% during the 4th quarter. Amalgamated Bank now owns 4,170 shares of the company's stock valued at $142,000 after buying an additional 550 shares in the last quarter. Tsfg LLC purchased a new stake in shares of Trump Media & Technology Group in the 4th quarter worth about $31,000. Avior Wealth Management LLC lifted its position in Trump Media & Technology Group by 18.7% during the 4th quarter. Avior Wealth Management LLC now owns 5,826 shares of the company's stock valued at $199,000 after acquiring an additional 916 shares during the period. Finally, Independence Bank of Kentucky lifted its position in Trump Media & Technology Group by 245.8% during the 4th quarter. Independence Bank of Kentucky now owns 1,383 shares of the company's stock valued at $47,000 after acquiring an additional 983 shares during the period. Institutional investors own 4.29% of the company's stock.

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Trump Media & Technology Group Stock Performance

DJT traded up $0.21 during midday trading on Friday, reaching $20.24. The company's stock had a trading volume of 1,737,859 shares, compared to its average volume of 16,474,466. Trump Media & Technology Group Corp. has a 1 year low of $11.75 and a 1 year high of $79.38. The stock's 50-day moving average is $28.72 and its 200-day moving average is $28.59. The company has a debt-to-equity ratio of 0.01, a current ratio of 45.33 and a quick ratio of 47.49.

Insider Buying and Selling

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

About Trump Media & Technology Group

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.