97,731 Shares in Trump Media & Technology Group Corp. (NASDAQ:DJT) Bought by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in Trump Media & Technology Group Corp. (NASDAQ:DJT - Free Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 97,731 shares of the company's stock, valued at approximately $1,571,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.05% of Trump Media & Technology Group as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently modified their holdings of the company. CWM LLC bought a new position in Trump Media & Technology Group during the 3rd quarter worth about $66,000. Moisand Fitzgerald Tamayo LLC purchased a new stake in shares of Trump Media & Technology Group in the 3rd quarter worth approximately $34,000. Avondale Wealth Management bought a new position in shares of Trump Media & Technology Group during the third quarter valued at approximately $64,000. Sapient Capital LLC purchased a new position in Trump Media & Technology Group during the third quarter valued at approximately $2,339,000. Finally, Creative Planning bought a new position in Trump Media & Technology Group in the third quarter worth approximately $538,000. Hedge funds and other institutional investors own 4.29% of the company's stock.

Trump Media & Technology Group Price Performance

Trump Media & Technology Group stock traded down $0.49 during mid-day trading on Tuesday, reaching $38.01. 9,062,413 shares of the company were exchanged, compared to its average volume of 15,815,811. Trump Media & Technology Group Corp. has a 12-month low of $11.75 and a 12-month high of $79.38. The business has a fifty day moving average of $32.85 and a 200 day moving average of $28.93. The company has a quick ratio of 47.49, a current ratio of 47.49 and a debt-to-equity ratio of 0.01.

Insider Buying and Selling

In other news, General Counsel Scott Glabe sold 15,917 shares of the 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 transaction, the general counsel now directly owns 336,576 shares of the company's stock, valued at approximately $10,834,381.44. This represents a 4.52 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Phillip Juhan sold 320,000 shares of Trump Media & Technology Group stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $30.65, for a total transaction of $9,808,000.00. Following the sale, the chief financial officer now owns 329,798 shares of the company's stock, valued at approximately $10,108,308.70. The trade was a 49.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 536,100 shares of company stock worth $16,274,894 in the last three months. 14.80% of the stock is owned by insiders.

Trump Media & Technology Group Profile

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.