Trump Media & Technology Group Corp. (NASDAQ:DJT - Get Free Report)'s share price gapped down prior to trading on Monday . The stock had previously closed at $22.04, but opened at $21.33. Trump Media & Technology Group shares last traded at $21.12, with a volume of 763,985 shares.
Trump Media & Technology Group Price Performance
The company has a debt-to-equity ratio of 0.01, a current ratio of 45.33 and a quick ratio of 47.49. The stock's fifty day simple moving average is $21.47 and its two-hundred day simple moving average is $29.32.
Insider Buying and Selling
In other news, CFO Phillip Juhan sold 21,059 shares of the business's stock in a transaction on Monday, March 10th. The stock was sold at an average price of $20.50, for a total transaction of $431,709.50. Following the sale, the chief financial officer now directly owns 220,577 shares of the company's stock, valued at $4,521,828.50. The trade was a 8.72 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Eric Swider sold 5,000 shares of the company's stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $19.57, for a total value of $97,850.00. Following the sale, the director now directly owns 38,989 shares of the company's stock, valued at approximately $763,014.73. This represents a 11.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 53.00% of the company's stock.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. lifted its position in shares of Trump Media & Technology Group by 180.3% in the 4th quarter. Vanguard Group Inc. now owns 9,006,919 shares of the company's stock valued at $307,136,000 after acquiring an additional 5,793,934 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Trump Media & Technology Group by 35.2% in the fourth quarter. Geode Capital Management LLC now owns 1,484,255 shares of the company's stock valued at $50,630,000 after purchasing an additional 386,227 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Trump Media & Technology Group by 32.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 788,722 shares of the company's stock worth $26,895,000 after buying an additional 193,563 shares during the period. State Street Corp acquired a new stake in shares of Trump Media & Technology Group in the third quarter worth $11,397,000. Finally, Melqart Asset Management UK Ltd purchased a new position in shares of Trump Media & Technology Group during the fourth quarter valued at $18,725,000. 4.29% of the stock is currently owned by institutional investors and hedge funds.
About Trump Media & Technology Group
(
Get Free Report)
Trump Media & Technology Group Corp. engages in operating social media and in the technology business. Its brands include TRUTH Social, TMTG+ and TMTG News. The company was founded on March 28, 2024 and is headquartered in Sarasota, FL.
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