Invesco Ltd. Has $17.48 Million Stock Holdings in Trump Media & Technology Group Corp. (NASDAQ:DJT)

Invesco Ltd. grew its stake in Trump Media & Technology Group Corp. (NASDAQ:DJT - Free Report) by 785.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 512,613 shares of the company's stock after purchasing an additional 454,699 shares during the quarter. Invesco Ltd. owned about 0.24% of Trump Media & Technology Group worth $17,480,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the stock. Vanguard Group Inc. increased its stake in Trump Media & Technology Group by 180.3% in the fourth quarter. Vanguard Group Inc. now owns 9,006,919 shares of the company's stock valued at $307,136,000 after purchasing an additional 5,793,934 shares in the last quarter. Geode Capital Management LLC acquired a new position in shares of Trump Media & Technology Group in the 3rd quarter valued at $17,650,000. State Street Corp bought a new stake in shares of Trump Media & Technology Group in the 3rd quarter valued at $11,397,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in Trump Media & Technology Group during the 4th quarter worth $6,642,000. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Trump Media & Technology Group by 32.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 788,722 shares of the company's stock worth $26,895,000 after acquiring an additional 193,563 shares in the last quarter. Institutional investors and hedge funds own 4.29% of the company's stock.

Insiders Place Their Bets

In other news, Director Eric Swider sold 5,000 shares of the company'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 completion of the transaction, the director now directly owns 38,989 shares of the company's stock, valued at $763,014.73. This represents a 11.37 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Phillip Juhan sold 21,059 shares of the firm's 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 transaction, the chief financial officer now directly owns 220,577 shares of the company's stock, valued at $4,521,828.50. This represents a 8.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 53.00% of the company's stock.

Trump Media & Technology Group Trading Down 1.1 %

NASDAQ:DJT traded down $0.29 on Friday, reaching $25.86. The company's stock had a trading volume of 3,571,536 shares, compared to its average volume of 15,925,241. Trump Media & Technology Group Corp. has a 1-year low of $11.75 and a 1-year high of $56.55. The business's 50-day moving average price is $21.53 and its two-hundred day moving average price is $29.29. The company has a quick ratio of 47.49, a current ratio of 45.33 and a debt-to-equity ratio of 0.01.

Trump Media & Technology Group Company Profile

Trump Media & Technology Group Corp. engages in operating social media and in the technology business. Its brands include TRUTH Social, TMTG+ and TMTG News. The company was founded on March 28, 2024 and is headquartered in Sarasota, FL.