Toronto Dominion Bank lessened its stake in shares of Trump Media & Technology Group Corp. (NASDAQ:DJT - Free Report) by 48.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 68,725 shares of the company's stock after selling 64,808 shares during the quarter. Toronto Dominion Bank's holdings in Trump Media & Technology Group were worth $2,344,000 as of its most recent SEC filing.
A number of other large investors have also recently made changes to their positions in the stock. GeoWealth Management LLC boosted its stake in shares of Trump Media & Technology Group by 41,550.0% during the 4th quarter. GeoWealth Management LLC now owns 833 shares of the company's stock worth $28,000 after acquiring an additional 831 shares during the last quarter. 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 valued at $31,000 after purchasing an additional 701 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in Trump Media & Technology Group during the fourth quarter valued at about $34,000. AlphaQuest LLC grew its holdings in Trump Media & Technology Group by 140.7% during the fourth quarter. AlphaQuest LLC now owns 1,165 shares of the company's stock valued at $40,000 after purchasing an additional 681 shares during the period. Finally, Russell Investments Group Ltd. grew its holdings in Trump Media & Technology Group by 85.1% during the fourth quarter. Russell Investments Group Ltd. now owns 1,220 shares of the company's stock valued at $42,000 after purchasing an additional 561 shares during the period. 4.29% of the stock is currently owned by institutional investors.
Trump Media & Technology Group Price Performance
Shares of DJT traded up $1.14 during trading hours on Friday, reaching $25.72. 4,036,962 shares of the stock traded hands, compared to its average volume of 15,843,417. 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 Corp. has a 52-week low of $11.75 and a 52-week high of $54.68. The company's 50-day moving average price is $22.35 and its two-hundred day moving average price is $28.12.
Trump Media & Technology Group (NASDAQ:DJT - Get Free Report) last announced 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 business had revenue of $821.20 million during the quarter.
Wall Street Analyst Weigh In
Separately, Wall Street Zen raised Trump Media & Technology Group from a "strong sell" rating to a "hold" rating in a report on Thursday.
Get Our Latest Analysis on DJT
Insider Buying and Selling
In other Trump Media & Technology Group news, CFO Phillip Juhan sold 45,005 shares of Trump Media & Technology Group stock in a transaction on Wednesday, May 14th. The shares were sold at an average price of $27.15, for a total value of $1,221,885.75. Following the sale, the chief financial officer now directly owns 175,572 shares in the company, valued at approximately $4,766,779.80. The trade was a 20.40% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Eric Swider sold 3,000 shares of Trump Media & Technology Group stock in a transaction on Wednesday, May 14th. The shares were sold at an average price of $26.65, for a total transaction of $79,950.00. Following the completion of the sale, the director now owns 25,989 shares in the company, valued at approximately $692,606.85. This represents a 10.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 209,365 shares of company stock valued at $5,410,300. 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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