Trump Media & Technology Group Corp. (NASDAQ:DJT) Position Increased by JPMorgan Chase & Co.

JPMorgan Chase & Co. grew its holdings in Trump Media & Technology Group Corp. (NASDAQ:DJT - Free Report) by 46.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 64,452 shares of the company's stock after purchasing an additional 20,292 shares during the quarter. JPMorgan Chase & Co.'s holdings in Trump Media & Technology Group were worth $2,198,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. New York State Common Retirement Fund lifted its stake in shares of Trump Media & Technology Group by 80.8% during the fourth quarter. New York State Common Retirement Fund now owns 38,700 shares of the company's stock valued at $1,320,000 after buying an additional 17,300 shares during the period. Allworth Financial LP raised its stake in Trump Media & Technology Group by 13.6% during the fourth quarter. Allworth Financial LP now owns 3,385 shares of the company's stock worth $114,000 after purchasing an additional 406 shares during the period. Amalgamated Bank raised its stake in Trump Media & Technology Group by 15.2% during the fourth quarter. Amalgamated Bank now owns 4,170 shares of the company's stock worth $142,000 after purchasing an additional 550 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new position in Trump Media & Technology Group during the fourth quarter worth approximately $6,642,000. Finally, Rhumbline Advisers raised its stake in Trump Media & Technology Group by 23.7% during the fourth quarter. Rhumbline Advisers now owns 76,976 shares of the company's stock worth $2,625,000 after purchasing an additional 14,752 shares during the period. 4.29% of the stock is currently owned by institutional investors and hedge funds.

Trump Media & Technology Group Price Performance

NASDAQ:DJT traded down $0.85 during trading hours on Tuesday, reaching $24.98. 3,666,035 shares of the company were exchanged, compared to its average volume of 15,925,800. The company has a debt-to-equity ratio of 0.01, a quick ratio of 47.49 and a current ratio of 45.33. Trump Media & Technology Group Corp. has a 52-week low of $11.75 and a 52-week high of $56.55. The stock has a 50 day simple moving average of $21.37 and a 200 day simple moving average of $29.39.

Insider Activity at Trump Media & Technology Group

In related news, Director Eric Swider sold 5,000 shares of the business's stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $19.57, for a total value of $97,850.00. Following the transaction, the director now owns 38,989 shares in the company, valued at approximately $763,014.73. The trade was a 11.37 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Phillip Juhan sold 21,059 shares of the business's stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $20.50, for a total value of $431,709.50. Following the completion of the transaction, the chief financial officer now owns 220,577 shares in the company, valued at approximately $4,521,828.50. This trade represents a 8.72 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 53.00% of the company's stock.

About Trump Media & Technology Group

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.