Trump Media & Technology Group Corp. (NASDAQ:DJT - Get Free Report) shares were up 3.5% during mid-day trading on Monday . The stock traded as high as $34.40 and last traded at $33.03. Approximately 28,341,063 shares traded hands during trading, an increase of 82% from the average daily volume of 15,612,254 shares. The stock had previously closed at $31.91.
Trump Media & Technology Group Price Performance
The company has a current ratio of 47.49, a quick ratio of 24.73 and a debt-to-equity ratio of 0.01. The firm's fifty day moving average price is $24.09 and its 200-day moving average price is $31.92.
Trump Media & Technology Group (NASDAQ:DJT - Get Free Report) last issued its quarterly earnings data on Friday, August 9th. The company reported ($0.10) earnings per share for the quarter. The company had revenue of $0.84 million for the quarter.
Insiders Place Their Bets
In other Trump Media & Technology Group news, CFO Phillip Juhan sold 84,941 shares of Trump Media & Technology Group stock in a transaction dated Thursday, August 22nd. The stock was sold at an average price of $22.70, for a total transaction of $1,928,160.70. Following the transaction, the chief financial officer now owns 405,059 shares of the company's stock, valued at $9,194,839.30. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In related news, CFO Phillip Juhan sold 84,941 shares of the business's stock in a transaction that occurred on Thursday, August 22nd. The stock was sold at an average price of $22.70, for a total value of $1,928,160.70. Following the completion of the sale, the chief financial officer now owns 405,059 shares of the company's stock, valued at approximately $9,194,839.30. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, General Counsel Scott Glabe sold 4,083 shares of the company's stock in a transaction that occurred on Thursday, August 22nd. The stock was sold at an average price of $22.70, for a total value of $92,684.10. Following the sale, the general counsel now directly owns 15,917 shares of the company's stock, valued at $361,315.90. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 128,138 shares of company stock worth $2,908,733. Company insiders own 14.80% of the company's stock.
Institutional Trading of Trump Media & Technology Group
Large investors have recently bought and sold shares of the stock. Rakuten Securities Inc. bought a new stake in Trump Media & Technology Group in the third quarter valued at $27,000. Moisand Fitzgerald Tamayo LLC acquired a new stake in shares of Trump Media & Technology Group in the third quarter valued at $34,000. Allworth Financial LP acquired a new stake in shares of Trump Media & Technology Group in the third quarter valued at $48,000. Archer Investment Corp acquired a new stake in shares of Trump Media & Technology Group in the third quarter valued at $48,000. Finally, Huntington National Bank acquired a new stake in shares of Trump Media & Technology Group in the third quarter valued at $51,000. 4.29% of the stock is currently 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.
Further Reading
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