Yorkville Advisors Global LP Invests $17.62 Billion in Trump Media & Technology Group Corp. $DJT

Key Points

• Yorkville Advisors Global LP acquired 2.28 million shares of Trump Media & Technology Group in the second quarter, valued at approximately $17.6 billion, representing 20.4% of the fund’s holdings and about 0.82% of DJT.
• Other institutional investors also increased or initiated positions, but institutional ownership remains limited at 4.29% of the company’s stock.
• DJT carries a consensus “Sell” rating, with Weiss Ratings reaffirming a “sell (D-)” view. Shares opened at $8.27, while the stock’s 52-week range is $6.96 to $18.97.

Yorkville Advisors Global LP purchased a new stake in Trump Media & Technology Group Corp. (NASDAQ:DJT - Free Report) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 2,276,344 shares of the company's stock, valued at approximately $17,618,903,000. Trump Media & Technology Group accounts for 20.4% of Yorkville Advisors Global LP's holdings, making the stock its 2nd largest position. Yorkville Advisors Global LP owned about 0.82% of Trump Media & Technology Group as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the business. Motiv8 Investments LLC bought a new position in shares of Trump Media & Technology Group during the fourth quarter valued at approximately $30,000. Global Assets Advisory LLC acquired a new stake in shares of Trump Media & Technology Group during the 1st quarter worth approximately $34,000. Root Financial Partners LLC lifted its holdings in shares of Trump Media & Technology Group by 44,011.1% in the 1st quarter. Root Financial Partners LLC now owns 3,970 shares of the company's stock worth $37,000 after purchasing an additional 3,961 shares during the last quarter. International Assets Investment Management LLC bought a new stake in shares of Trump Media & Technology Group in the 4th quarter worth approximately $40,000. Finally, Larson Financial Group LLC boosted its position in Trump Media & Technology Group by 70.7% during the 4th quarter. Larson Financial Group LLC now owns 3,104 shares of the company's stock valued at $41,000 after purchasing an additional 1,286 shares during the period. Institutional investors own 4.29% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a "sell (d-)" rating on shares of Trump Media & Technology Group in a research note on Friday, July 31st. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of "Sell".

Trump Media & Technology Group Price Performance

DJT stock opened at $8.27 on Monday. The stock has a market cap of $2.30 billion, a PE ratio of -1.69 and a beta of 4.07. The firm's 50-day simple moving average is $8.77 and its 200 day simple moving average is $9.45. Trump Media & Technology Group Corp. has a fifty-two week low of $6.96 and a fifty-two week high of $18.97.

Trump Media & Technology Group Profile

Trump Media & Technology Group NASDAQ: DJT is a U.S.-based digital media and technology company focused on social networking and content distribution. The firm’s flagship offering, Truth Social, is designed as an alternative social media platform with features for user-generated posts, direct messaging and community engagement. In addition to its core social network, TMTG has signaled plans for a subscription-based streaming service and other digital content ventures under the TMTG+ brand, aiming to expand its multimedia footprint.

Founded in October 2021 by former President Donald J.

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