SG Americas Securities LLC Takes Position in Trump Media & Technology Group Corp. (NASDAQ:DJT)

SG Americas Securities LLC acquired a new position in Trump Media & Technology Group Corp. (NASDAQ:DJT - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 13,336 shares of the company's stock, valued at approximately $455,000.

A number of other institutional investors and hedge funds have also bought and sold shares of DJT. Rakuten Securities Inc. purchased a new stake in Trump Media & Technology Group in the third quarter worth $27,000. Larson Financial Group LLC purchased a new stake in shares of Trump Media & Technology Group in the 3rd quarter worth about $30,000. Tsfg LLC purchased a new position in Trump Media & Technology Group during the 4th quarter valued at about $31,000. Moisand Fitzgerald Tamayo LLC bought a new stake in Trump Media & Technology Group during the third quarter worth about $34,000. Finally, MetLife Investment Management LLC bought a new position in shares of Trump Media & Technology Group during the third quarter valued at approximately $43,000. 4.29% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Trump Media & Technology Group

In other news, Director Eric Swider sold 136,183 shares of Trump Media & Technology Group stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $28.23, for a total transaction of $3,844,446.09. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Phillip Juhan sold 320,000 shares of the stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $30.65, for a total value of $9,808,000.00. Following the transaction, the chief financial officer now owns 329,798 shares in the company, valued at $10,108,308.70. This represents a 49.25 % decrease in their position. 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 in the last three months. Company insiders own 14.80% of the company's stock.

Trump Media & Technology Group Stock Performance

Shares of NASDAQ:DJT traded down $0.27 during trading on Wednesday, reaching $30.35. 3,413,320 shares of the stock traded hands, compared to its average volume of 12,612,718. Trump Media & Technology Group Corp. has a 52-week low of $11.75 and a 52-week high of $79.38. The stock has a 50-day moving average of $34.91 and a two-hundred day moving average of $28.77. 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 (NASDAQ:DJT - Get Free Report) last released its quarterly earnings data on Tuesday, November 5th. The company reported ($0.10) earnings per share for the quarter. The firm had revenue of $1.01 million during the quarter.

Trump Media & Technology Group 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.