Client 1ST Advisory Group LLC purchased a new position in Trump Media & Technology Group Corp. (NASDAQ:DJT - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 12,299 shares of the company's stock, valued at approximately $419,000.
A number of other hedge funds have also added to or reduced their stakes in DJT. Tsfg LLC bought a new position in Trump Media & Technology Group in the fourth quarter worth approximately $31,000. Rakuten Securities Inc. purchased a new stake in Trump Media & Technology Group in the third quarter worth about $27,000. Larson Financial Group LLC bought a new position in shares of Trump Media & Technology Group in the third quarter worth about $30,000. Moisand Fitzgerald Tamayo LLC purchased a new position in shares of Trump Media & Technology Group during the 3rd quarter valued at about $34,000. Finally, MetLife Investment Management LLC bought a new position in shares of Trump Media & Technology Group during the 3rd quarter valued at approximately $43,000. 4.29% of the stock is currently owned by hedge funds and other institutional investors.
Insider Transactions at Trump Media & Technology Group
In related news, General Counsel Scott Glabe sold 15,917 shares of the business's stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $32.19, for a total value of $512,368.23. Following the transaction, the general counsel now directly owns 336,576 shares of the company's stock, valued at approximately $10,834,381.44. The trade was a 4.52 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Phillip Juhan sold 64,000 shares of the stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $32.97, for a total transaction of $2,110,080.00. Following the sale, the chief financial officer now directly owns 265,798 shares of the company's stock, valued at approximately $8,763,360.06. This trade represents a 19.41 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 536,100 shares of company stock valued at $16,274,894 over the last three months. Corporate insiders own 14.80% of the company's stock.
Trump Media & Technology Group Stock Down 2.4 %
Trump Media & Technology Group stock traded down $0.97 during midday trading on Monday, hitting $40.03. The stock had a trading volume of 29,852,056 shares, compared to its average volume of 6,923,226. The company has a current ratio of 47.49, a quick ratio of 47.49 and a debt-to-equity ratio of 0.01. Trump Media & Technology Group Corp. has a 52-week low of $11.75 and a 52-week high of $79.38. The firm's fifty day moving average is $34.34 and its two-hundred day moving average is $28.80.
Trump Media & Technology Group 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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