Trump Media & Technology Group Corp. (NASDAQ:DJT - Get Free Report) shares saw strong trading volume on Monday . 9,438,064 shares traded hands during mid-day trading, an increase of 53% from the previous session's volume of 6,176,356 shares.The stock last traded at $39.17 and had previously closed at $35.31.
Trump Media & Technology Group Stock Up 3.8 %
The company has a quick ratio of 47.49, a current ratio of 47.49 and a debt-to-equity ratio of 0.01. The business's 50-day moving average price is $33.81 and its 200-day moving average price is $28.62.
Insider Buying and Selling at Trump Media & Technology Group
In other Trump Media & Technology Group news, General Counsel Scott Glabe sold 15,917 shares of the business's stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $32.19, for a total value of $512,368.23. Following the transaction, the general counsel now owns 336,576 shares in the company, valued at $10,834,381.44. The trade was a 4.52 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Phillip Juhan sold 64,000 shares of the firm's stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $32.97, for a total value of $2,110,080.00. Following the sale, the chief financial officer now directly owns 265,798 shares of the company's stock, valued at $8,763,360.06. This trade represents a 19.41 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 536,100 shares of company stock worth $16,274,894. 14.80% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of the business. Geode Capital Management LLC bought a new stake in Trump Media & Technology Group in the third quarter worth $17,650,000. State Street Corp bought a new stake in shares of Trump Media & Technology Group during the 3rd quarter worth about $11,397,000. Greenwich Wealth Management LLC acquired a new position in shares of Trump Media & Technology Group during the 3rd quarter valued at about $10,946,000. Charles Schwab Investment Management Inc. acquired a new position in shares of Trump Media & Technology Group during the 3rd quarter valued at about $9,564,000. Finally, Sapient Capital LLC bought a new position in shares of Trump Media & Technology Group in the 3rd quarter valued at approximately $2,339,000. Institutional investors and hedge funds own 4.29% of the company's stock.
Trump Media & Technology Group Company Profile
(
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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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