Swiss National Bank Acquires 148,600 Shares of Trump Media & Technology Group Corp. $DJT

Key Points

• Swiss National Bank boosted its stake in Trump Media & Technology Group by 88.4% in Q2, buying 148,600 shares to hold 316,700 shares worth about $5.71 million (≈0.11% of the company).
• Other institutional managers (including Vanguard and Geode) adjusted positions, but institutional investors own just 4.29% overall while corporate insiders retain a majority stake of 53.00%.
• Shares were trading down ~5.1% at $10.95 and near their one‑year low ($10.18) with a $3.07B market cap, and the stock carries a consensus Sell rating (Weiss Ratings reissued a "sell (e+)" note).

Swiss National Bank grew its stake in shares of Trump Media & Technology Group Corp. (NASDAQ:DJT - Free Report) by 88.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 316,700 shares of the company's stock after purchasing an additional 148,600 shares during the quarter. Swiss National Bank owned approximately 0.11% of Trump Media & Technology Group worth $5,713,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Handelsbanken Fonder AB purchased a new stake in Trump Media & Technology Group in the 2nd quarter valued at about $424,000. Spire Wealth Management increased its position in shares of Trump Media & Technology Group by 628.1% during the second quarter. Spire Wealth Management now owns 29,050 shares of the company's stock worth $524,000 after acquiring an additional 25,060 shares during the period. D.A. Davidson & CO. purchased a new position in shares of Trump Media & Technology Group during the second quarter worth approximately $405,000. Geode Capital Management LLC raised its stake in shares of Trump Media & Technology Group by 13.5% during the second quarter. Geode Capital Management LLC now owns 1,823,997 shares of the company's stock valued at $32,908,000 after acquiring an additional 216,718 shares in the last quarter. Finally, Vanguard Group Inc. boosted its holdings in shares of Trump Media & Technology Group by 2.6% in the first quarter. Vanguard Group Inc. now owns 9,244,587 shares of the company's stock valued at $180,639,000 after purchasing an additional 237,668 shares during the period. 4.29% of the stock is currently owned by institutional investors.

Trump Media & Technology Group Trading Down 5.1%

NASDAQ DJT opened at $10.95 on Tuesday. Trump Media & Technology Group Corp. has a one year low of $10.18 and a one year high of $43.46. The company has a debt-to-equity ratio of 0.42, a quick ratio of 42.78 and a current ratio of 42.78. The company has a market capitalization of $3.07 billion, a price-to-earnings ratio of -18.56 and a beta of 4.59. The company's 50-day simple moving average is $14.53 and its two-hundred day simple moving average is $17.37.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a "sell (e+)" rating on shares of Trump Media & Technology Group in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of "Sell".

Insider Activity

In related news, Director Eric Swider sold 5,200 shares of Trump Media & Technology Group stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $10.59, for a total transaction of $55,068.00. Following the transaction, the director directly owned 18,841 shares of the company's stock, valued at $199,526.19. This trade represents a 21.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 53.00% of the company's stock.

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.

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