Trump Media & Technology Group Corp. (NASDAQ:DJT) Shares Bought by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Trump Media & Technology Group Corp. (NASDAQ:DJT - Free Report) by 54.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,278 shares of the company's stock after buying an additional 12,805 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.'s holdings in Trump Media & Technology Group were worth $1,237,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in DJT. Vanguard Group Inc. lifted 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 valued at $307,136,000 after buying an additional 5,793,934 shares in the last quarter. Melqart Asset Management UK Ltd purchased a new position in shares of Trump Media & Technology Group during the 4th quarter valued at approximately $18,725,000. Invesco Ltd. lifted its position in shares of Trump Media & Technology Group by 785.1% during the 4th quarter. Invesco Ltd. now owns 512,613 shares of the company's stock valued at $17,480,000 after buying an additional 454,699 shares in the last quarter. Geode Capital Management LLC raised its stake in Trump Media & Technology Group by 35.2% in the 4th quarter. Geode Capital Management LLC now owns 1,484,255 shares of the company's stock valued at $50,630,000 after purchasing an additional 386,227 shares during the last quarter. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in Trump Media & Technology Group in the 4th quarter valued at $6,642,000. Hedge funds and other institutional investors own 4.29% of the company's stock.

Analyst Ratings Changes

Separately, Wall Street Zen raised Trump Media & Technology Group from a "strong sell" rating to a "hold" rating in a research note on Thursday, May 22nd.

Insiders Place Their Bets

In other Trump Media & Technology Group news, Director Eric Swider sold 5,000 shares of the firm's 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 $763,014.73. This trade represents a 11.37% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CTO Vladimir Novachki sold 17,823 shares of the stock in a transaction on Wednesday, May 14th. The stock was sold at an average price of $26.46, for a total value of $471,596.58. Following the transaction, the chief technology officer now owns 511,940 shares of the company's stock, valued at approximately $13,545,932.40. This represents a 3.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 209,365 shares of company stock valued at $5,410,300 in the last three months. 53.00% of the stock is currently owned by insiders.

Trump Media & Technology Group Stock Up 1.1%

NASDAQ DJT traded up $0.23 during mid-day trading on Thursday, hitting $21.72. The stock had a trading volume of 3,815,180 shares, compared to its average volume of 16,001,948. The firm's 50 day moving average is $22.54 and its 200 day moving average is $28.00. Trump Media & Technology Group Corp. has a twelve month low of $11.75 and a twelve month high of $54.68. The company has a quick ratio of 47.49, a current ratio of 45.33 and a debt-to-equity ratio of 0.01.

Trump Media & Technology Group (NASDAQ:DJT - Get Free Report) last posted its quarterly earnings data on Friday, May 9th. The company reported ($0.14) EPS for the quarter. Trump Media & Technology Group had a negative net margin of 11,076.68% and a negative return on equity of 70.26%. The firm had revenue of $821.20 million during the quarter.

Trump Media & Technology Group Profile

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.