Optimize Financial Inc Acquires Shares of 54,676 Trump Media & Technology Group Corp. (NASDAQ:DJT)

Optimize Financial Inc purchased a new stake in shares of Trump Media & Technology Group Corp. (NASDAQ:DJT - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 54,676 shares of the company's stock, valued at approximately $1,864,000. Trump Media & Technology Group accounts for approximately 1.4% of Optimize Financial Inc's holdings, making the stock its 14th largest holding.

A number of other large investors have also added to or reduced their stakes in the company. Tsfg LLC purchased a new stake in shares of Trump Media & Technology Group during the fourth quarter worth about $31,000. Glass Jacobson Investment Advisors llc increased its stake in shares of 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 buying an additional 701 shares during the period. Wilmington Savings Fund Society FSB bought a new position in shares of Trump Media & Technology Group during the fourth quarter valued at approximately $34,000. AlphaQuest LLC boosted its holdings in Trump Media & Technology Group by 140.7% in the fourth quarter. AlphaQuest LLC now owns 1,165 shares of the company's stock valued at $40,000 after acquiring an additional 681 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its position in Trump Media & Technology Group by 85.1% during the 4th 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. Institutional investors own 4.29% of the company's stock.

Trump Media & Technology Group Trading Up 11.7 %

Shares of DJT traded up $2.30 during trading hours on Thursday, reaching $22.04. 11,977,514 shares of the company traded hands, compared to its average volume of 15,954,200. Trump Media & Technology Group Corp. has a 12 month low of $11.75 and a 12 month high of $56.55. The company's fifty day moving average price is $22.35 and its two-hundred day moving average price is $28.99. The company has a current ratio of 45.33, a quick ratio of 47.49 and a debt-to-equity ratio of 0.01.

Insiders Place Their Bets

In other Trump Media & Technology Group news, Director Eric Swider sold 5,000 shares of the company's stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $19.57, for a total value of $97,850.00. Following the sale, the director now owns 38,989 shares in the company, valued at approximately $763,014.73. This represents a 11.37 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Phillip Juhan sold 21,059 shares of Trump Media & Technology Group stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $20.50, for a total transaction of $431,709.50. Following the transaction, the chief financial officer now owns 220,577 shares of the company's stock, valued at $4,521,828.50. The trade was a 8.72 % decrease in their ownership of the stock. 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.