Trump Media & Technology Group Corp. (NASDAQ:DJT - Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $40.03, but opened at $37.59. Trump Media & Technology Group shares last traded at $34.65, with a volume of 9,186,814 shares trading hands.
Trump Media & Technology Group Trading Down 11.1 %
The company has a fifty day moving average price of $34.47 and a 200 day moving average price of $28.86. The company has a quick ratio of 47.49, a current ratio of 47.49 and a debt-to-equity ratio of 0.01.
Trump Media & Technology Group (NASDAQ:DJT - Get Free Report) last released its quarterly earnings data on Tuesday, November 5th. The company reported ($0.10) EPS for the quarter. The firm had revenue of $1.01 million during the quarter.
Insider Transactions at Trump Media & Technology Group
In related news, CFO Phillip Juhan sold 320,000 shares of the firm's stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $30.65, for a total value of $9,808,000.00. Following the sale, the chief financial officer now directly owns 329,798 shares of the company's stock, valued at $10,108,308.70. This trade represents a 49.25 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, General Counsel Scott Glabe sold 15,917 shares of the firm'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 completion of the sale, the general counsel now directly 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 disclosure for this sale can be found here. Over the last quarter, insiders have sold 536,100 shares of company stock worth $16,274,894. Company insiders own 14.80% of the company's stock.
Institutional Trading of Trump Media & Technology Group
Several large investors have recently bought and sold shares of DJT. Charles Schwab Investment Management Inc. bought a new stake in shares of Trump Media & Technology Group in the 3rd quarter worth approximately $9,564,000. Lincoln Capital Corp purchased a new position in Trump Media & Technology Group in the 3rd quarter worth approximately $323,000. The Manufacturers Life Insurance Company purchased a new position in Trump Media & Technology Group in the 3rd quarter worth approximately $214,000. Greenwich Wealth Management LLC purchased a new stake in Trump Media & Technology Group during the 3rd quarter valued at $10,946,000. Finally, Sapient Capital LLC purchased a new stake in Trump Media & Technology Group during the 3rd quarter valued at $2,339,000. 4.29% of the stock is owned by institutional investors.
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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