Algert Global LLC acquired a new stake in Trump Media & Technology Group Corp. (NASDAQ:DJT - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 27,363 shares of the company's stock, valued at approximately $933,000.
Several other hedge funds also recently made changes to their positions in the company. GeoWealth Management LLC boosted its holdings in Trump Media & Technology Group by 41,550.0% in the 4th quarter. GeoWealth Management LLC now owns 833 shares of the company's stock valued at $28,000 after purchasing an additional 831 shares in the last quarter. Tsfg LLC acquired a new stake in shares of Trump Media & Technology Group in the 4th quarter valued at approximately $31,000. Glass Jacobson Investment Advisors llc grew its holdings in Trump Media & Technology Group by 350.5% during the fourth quarter. Glass Jacobson Investment Advisors llc now owns 901 shares of the company's stock worth $31,000 after acquiring an additional 701 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in Trump Media & Technology Group during the fourth quarter worth $34,000. Finally, AlphaQuest LLC raised its position in Trump Media & Technology Group by 140.7% in the fourth quarter. AlphaQuest LLC now owns 1,165 shares of the company's stock worth $40,000 after acquiring an additional 681 shares in the last quarter. Hedge funds and other institutional investors own 4.29% of the company's stock.
Trump Media & Technology Group Stock Performance
Shares of Trump Media & Technology Group stock traded down $0.29 on Wednesday, hitting $26.03. The company's stock had a trading volume of 4,935,007 shares, compared to its average volume of 15,791,087. The company has a debt-to-equity ratio of 0.01, a current ratio of 45.33 and a quick ratio of 47.49. The firm has a fifty day moving average price of $21.56 and a 200-day moving average price of $28.87. Trump Media & Technology Group Corp. has a 52-week low of $11.75 and a 52-week high of $54.68.
Trump Media & Technology Group (NASDAQ:DJT - Get Free Report) last issued its quarterly earnings data on Friday, May 9th. The company reported ($0.14) earnings per share for the quarter. Trump Media & Technology Group had a negative return on equity of 70.26% and a negative net margin of 11,076.68%. The business had revenue of $821.20 million for the quarter.
Insider Activity
In other Trump Media & Technology Group news, CFO Phillip Juhan sold 21,059 shares of the business's stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $20.50, for a total transaction of $431,709.50. Following the completion of the transaction, the chief financial officer now directly owns 220,577 shares of the company's stock, valued at $4,521,828.50. The trade was a 8.72% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Eric Swider sold 5,000 shares of Trump Media & Technology Group stock in a transaction that occurred on Tuesday, March 11th. The shares were sold at an average price of $19.57, for a total value of $97,850.00. Following the sale, the director now directly owns 38,989 shares in the company, valued at approximately $763,014.73. This trade represents a 11.37% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 53.00% of the company's stock.
About Trump Media & Technology Group
(
Free Report)
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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