Trump Media & Technology Group Corp. (NASDAQ:DJT) Shares Purchased by Nuveen Asset Management LLC

Nuveen Asset Management LLC increased its stake in shares of Trump Media & Technology Group Corp. (NASDAQ:DJT - Free Report) by 42.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 200,670 shares of the company's stock after buying an additional 59,708 shares during the quarter. Nuveen Asset Management LLC owned about 0.09% of Trump Media & Technology Group worth $6,843,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in DJT. SG Americas Securities LLC purchased a new stake in shares of Trump Media & Technology Group during the fourth quarter valued at $455,000. Geneos Wealth Management Inc. purchased a new stake in shares of Trump Media & Technology Group during the fourth quarter valued at $57,000. KBC Group NV purchased a new stake in shares of Trump Media & Technology Group during the fourth quarter valued at $116,000. Independence Bank of Kentucky grew its holdings in shares of Trump Media & Technology Group by 245.8% during the fourth quarter. Independence Bank of Kentucky now owns 1,383 shares of the company's stock valued at $47,000 after buying an additional 983 shares during the last quarter. Finally, Spire Wealth Management purchased a new stake in Trump Media & Technology Group in the fourth quarter valued at $850,000. 4.29% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Trump Media & Technology Group

In other news, Director Eric Swider sold 5,000 shares of the stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $19.57, for a total transaction of $97,850.00. Following the sale, the director now directly owns 38,989 shares of the company's stock, valued at $763,014.73. This represents a 11.37% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CTO Vladimir Novachki sold 17,823 shares of the stock in a transaction dated Wednesday, May 14th. The stock was sold at an average price of $26.46, for a total transaction of $471,596.58. Following the sale, the chief technology officer now directly owns 511,940 shares in the company, valued at approximately $13,545,932.40. The trade was a 3.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 209,365 shares of company stock valued at $5,410,300. 53.00% of the stock is owned by insiders.

Trump Media & Technology Group Stock Up 2.7%

NASDAQ:DJT traded up $0.56 during mid-day trading on Friday, hitting $21.39. The company's stock had a trading volume of 23,626,146 shares, compared to its average volume of 16,206,440. Trump Media & Technology Group Corp. has a 1 year low of $11.75 and a 1 year high of $54.68. 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 business's fifty day moving average is $22.50 and its two-hundred day moving average is $27.85.

Trump Media & Technology Group (NASDAQ:DJT - Get Free Report) last posted its quarterly earnings results 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 business had revenue of $821.20 million during the quarter.

Analyst Ratings Changes

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

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.