Trump Media & Technology Group Corp. (NASDAQ:DJT - Get Free Report)'s share price traded up 9.3% during mid-day trading on Tuesday . The stock traded as high as $24.50 and last traded at $24.57. 6,869,582 shares were traded during trading, a decline of 5% from the average session volume of 7,268,688 shares. The stock had previously closed at $22.49.
Trump Media & Technology Group Price Performance
The stock's 50-day simple moving average is $21.53 and its 200 day simple moving average is $29.29. The company has a current ratio of 45.33, a quick ratio of 47.49 and a debt-to-equity ratio of 0.01.
Insider Buying and Selling
In other Trump Media & Technology Group news, CFO Phillip Juhan sold 21,059 shares of the 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 transaction, the chief financial officer now owns 220,577 shares in the company, valued at $4,521,828.50. This trade represents a 8.72 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Eric Swider sold 5,000 shares of the business's stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $19.57, for a total transaction of $97,850.00. Following the completion of the sale, the director now directly owns 38,989 shares of the company's stock, valued at approximately $763,014.73. The trade was a 11.37 % decrease in their position. The disclosure for this sale can be found here. 53.00% of the stock is currently owned by insiders.
Institutional Trading of Trump Media & Technology Group
Several hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. grew its position in shares of Trump Media & Technology Group by 180.3% during the 4th quarter. Vanguard Group Inc. now owns 9,006,919 shares of the company's stock worth $307,136,000 after purchasing an additional 5,793,934 shares in the last quarter. Geode Capital Management LLC grew its position in Trump Media & Technology Group by 35.2% during the fourth quarter. Geode Capital Management LLC now owns 1,484,255 shares of the company's stock worth $50,630,000 after buying an additional 386,227 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Trump Media & Technology Group by 32.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 788,722 shares of the company's stock valued at $26,895,000 after buying an additional 193,563 shares in the last quarter. State Street Corp acquired a new position in shares of Trump Media & Technology Group in the 3rd quarter valued at approximately $11,397,000. Finally, Melqart Asset Management UK Ltd bought a new stake in shares of Trump Media & Technology Group during the 4th quarter worth approximately $18,725,000. 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. 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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