Trump Media & Technology Group Corp. (NASDAQ:DJT - Get Free Report)'s share price gapped down prior to trading on Tuesday . The stock had previously closed at $32.78, but opened at $30.00. Trump Media & Technology Group shares last traded at $29.24, with a volume of 6,543,129 shares traded.
Trump Media & Technology Group Trading Down 7.4 %
The company has a current ratio of 47.49, a quick ratio of 47.49 and a debt-to-equity ratio of 0.01. The business has a fifty day moving average price of $25.56 and a two-hundred day moving average price of $31.29.
Insider Buying and Selling at Trump Media & Technology Group
In other news, CEO Devin G. Nunes sold 27,846 shares of the firm's stock in a transaction dated Thursday, August 22nd. The stock was sold at an average price of $22.70, for a total transaction of $632,104.20. Following the completion of the sale, the chief executive officer now directly owns 87,154 shares of the company's stock, valued at $1,978,395.80. This trade represents a 24.21 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Phillip Juhan sold 64,000 shares of the business's stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $32.97, for a total transaction of $2,110,080.00. Following the completion of the sale, the chief financial officer now directly owns 265,798 shares of the company's stock, valued at $8,763,360.06. This represents a 19.41 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 664,238 shares of company stock valued at $19,183,627 in the last 90 days. 14.80% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Trump Media & Technology Group
Large investors have recently bought and sold shares of the business. Lincoln Capital Corp bought a new position in Trump Media & Technology Group during the third quarter valued at about $323,000. Greenwich Wealth Management LLC bought a new position in shares of Trump Media & Technology Group in the 3rd quarter valued at approximately $10,946,000. Sapient Capital LLC acquired a new stake in Trump Media & Technology Group in the 3rd quarter worth approximately $2,339,000. Vontobel Holding Ltd. bought a new stake in Trump Media & Technology Group during the third quarter worth approximately $386,000. Finally, Creative Planning bought a new position in shares of Trump Media & Technology Group in the third quarter valued at approximately $538,000. 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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