Trump Media & Technology Group Corp. (NASDAQ:DJT - Get Free Report) 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 completion of the transaction, the general counsel now directly owns 336,576 shares in the company, valued at $10,834,381.44. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Scott Glabe also recently made the following trade(s):
- On Thursday, August 22nd, Scott Glabe sold 4,083 shares of Trump Media & Technology Group stock. The shares were sold at an average price of $22.70, for a total transaction of $92,684.10.
Trump Media & Technology Group Stock Performance
Shares of Trump Media & Technology Group stock traded down $2.94 on Tuesday, hitting $30.47. 28,268,610 shares of the company traded hands, compared to its average volume of 15,796,823. The firm's 50-day simple moving average is $24.36 and its 200 day simple moving average is $31.89. The company has a debt-to-equity ratio of 0.01, a quick ratio of 24.73 and a current ratio of 47.49. Trump Media & Technology Group Corp. has a 12-month low of $11.75 and a 12-month high of $79.38.
Trump Media & Technology Group (NASDAQ:DJT - Get Free Report) last posted its quarterly earnings results on Friday, August 9th. The company reported ($0.10) earnings per share (EPS) for the quarter. The business had revenue of $0.84 million for the quarter.
Institutional Investors Weigh In On Trump Media & Technology Group
Hedge funds have recently added to or reduced their stakes in the stock. Rakuten Securities Inc. bought a new stake in shares of Trump Media & Technology Group in the third quarter worth about $27,000. Larson Financial Group LLC purchased a new stake in shares of Trump Media & Technology Group in the third quarter worth approximately $30,000. Moisand Fitzgerald Tamayo LLC purchased a new stake in shares of Trump Media & Technology Group in the third quarter worth approximately $34,000. Allworth Financial LP purchased a new stake in shares of Trump Media & Technology Group in the third quarter worth approximately $48,000. Finally, Archer Investment Corp bought a new position in shares of Trump Media & Technology Group in the third quarter valued at approximately $48,000. 4.29% of the stock is currently owned by institutional investors.
About Trump Media & Technology Group
(
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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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