Swiss National Bank Raises Holdings in Trump Media & Technology Group Corp. (NASDAQ:DJT)

Swiss National Bank lifted its holdings in Trump Media & Technology Group Corp. (NASDAQ:DJT - Free Report) by 41.5% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 157,500 shares of the company's stock after purchasing an additional 46,200 shares during the period. Swiss National Bank owned about 0.07% of Trump Media & Technology Group worth $5,371,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DJT. Rakuten Securities Inc. grew its stake in Trump Media & Technology Group by 114.5% in the fourth quarter. Rakuten Securities Inc. now owns 3,539 shares of the company's stock valued at $121,000 after purchasing an additional 1,889 shares during the last quarter. Avantax Advisory Services Inc. bought a new stake in shares of Trump Media & Technology Group in the 4th quarter valued at about $201,000. Daiwa Securities Group Inc. purchased a new position in shares of Trump Media & Technology Group in the 4th quarter worth approximately $63,000. AlphaQuest LLC raised its stake in shares of Trump Media & Technology Group by 140.7% during the 4th quarter. AlphaQuest LLC now owns 1,165 shares of the company's stock worth $40,000 after acquiring an additional 681 shares in the last quarter. Finally, Amundi lifted its position in Trump Media & Technology Group by 91.9% during the fourth quarter. Amundi now owns 1,975 shares of the company's stock valued at $68,000 after acquiring an additional 946 shares during the last quarter. 4.29% of the stock is currently owned by institutional investors.

Trump Media & Technology Group Stock Performance

Shares of DJT stock traded up $1.86 during trading hours on Tuesday, reaching $22.87. 12,823,550 shares of the company's stock were exchanged, compared to its average volume of 16,422,190. Trump Media & Technology Group Corp. has a fifty-two week low of $11.75 and a fifty-two week high of $79.38. The stock's 50 day moving average is $27.98 and its 200-day moving average is $28.78. The company has a debt-to-equity ratio of 0.01, a quick ratio of 47.49 and a current ratio of 45.33.

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Insider Activity at Trump Media & Technology Group

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

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.