Oak Thistle LLC purchased a new position in shares of Trump Media & Technology Group Corp. (NASDAQ:DJT - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 28,662 shares of the company's stock, valued at approximately $977,000.
Several other institutional investors also recently modified their holdings of the business. Rakuten Securities Inc. acquired a new stake in Trump Media & Technology Group during the 3rd quarter valued at approximately $27,000. Larson Financial Group LLC bought a new stake in shares of Trump Media & Technology Group in the 3rd quarter valued at $30,000. Tsfg LLC acquired a new stake in shares of Trump Media & Technology Group during the fourth quarter worth $31,000. Moisand Fitzgerald Tamayo LLC acquired a new stake in shares of Trump Media & Technology Group during the third quarter worth $34,000. Finally, MetLife Investment Management LLC bought a new position in Trump Media & Technology Group during the third quarter worth $43,000. Institutional investors own 4.29% of the company's stock.
Trump Media & Technology Group Stock Performance
DJT traded up $0.17 during trading on Thursday, reaching $41.00. 19,198,290 shares of the stock traded hands, compared to its average volume of 14,148,652. 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 stock's 50-day moving average is $33.91 and its 200 day moving average is $28.70. Trump Media & Technology Group Corp. has a 12 month low of $11.75 and a 12 month high of $79.38.
Insider Activity
In other news, CFO Phillip Juhan sold 320,000 shares of Trump Media & Technology Group stock in a transaction on Friday, November 8th. The shares were sold at an average price of $30.65, for a total value of $9,808,000.00. Following the completion of the sale, 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 transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, General Counsel Scott Glabe sold 15,917 shares of the stock in a transaction on Friday, November 8th. The stock was sold at an average price of $32.19, for a total transaction of $512,368.23. Following the transaction, the general counsel now directly owns 336,576 shares in the company, valued at approximately $10,834,381.44. This represents a 4.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 536,100 shares of company stock valued at $16,274,894 in the last ninety days. 14.80% of the stock is owned by company insiders.
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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