Shares of Trump Media & Technology Group Corp. (NASDAQ:DJT - Get Free Report) were up 7% during mid-day trading on Wednesday . The stock traded as high as $21.38 and last traded at $21.50. Approximately 1,163,370 shares were traded during trading, a decline of 93% from the average daily volume of 16,569,084 shares. The stock had previously closed at $20.09.
Trump Media & Technology Group Trading Up 1.1 %
The stock has a 50-day simple moving average of $28.42 and a 200 day simple moving average of $28.76. The company has a quick ratio of 47.49, a current ratio of 45.33 and a debt-to-equity ratio of 0.01.
Insider Activity at Trump Media & Technology Group
In other news, Director Eric Swider sold 5,000 shares of Trump Media & Technology Group stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $19.57, for a total value 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Phillip Juhan sold 21,059 shares of the stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $20.50, for a total value of $431,709.50. Following the transaction, the chief financial officer now directly owns 220,577 shares in the company, valued at approximately $4,521,828.50. The trade was a 8.72 % decrease in their position. The disclosure for this sale can be found here. 14.80% of the stock is owned by insiders.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the business. Avior Wealth Management LLC purchased a new position in Trump Media & Technology Group in the 3rd quarter valued at approximately $79,000. Charles Schwab Investment Management Inc. acquired a new stake in shares of Trump Media & Technology Group in the third quarter valued at $9,564,000. Larson Financial Group LLC purchased a new position in Trump Media & Technology Group in the third quarter valued at $30,000. Independent Advisor Alliance purchased a new position in Trump Media & Technology Group in the third quarter valued at $163,000. Finally, The Manufacturers Life Insurance Company acquired a new position in Trump Media & Technology Group during the 3rd quarter worth $214,000. 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. operates as a social media and technology company. Its brands include TRUTH Social, TMTG+ and TMTG News. The company is headquartered in Sarasota, FL.
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