Trump Media & Technology Group (NASDAQ:DJT) Shares Down 7.7% - Should You Sell?

Key Points

• DJT shares fell 7.7% on Friday, closing at $4.585 after trading as low as $4.51; trading volume was 8% below its average.
• Analyst sentiment is negative: Wall Street Zen downgraded the stock to “strong sell,” and MarketBeat reports an average rating of “Sell.”
• The company reported quarterly revenue of $2.97 million and a sharply negative net margin of 12,890.59%; its market capitalization was about $1.31 billion.

Trump Media & Technology Group Corp. (NASDAQ:DJT - Get Free Report) shares dropped 7.7% during trading on Friday. The company traded as low as $4.51 and last traded at $4.5850. 4,190,098 shares were traded during trading, a decline of 8% from the average session volume of 4,566,741 shares. The stock had previously closed at $4.97.

Analyst Ratings Changes

DJT has been the topic of several research reports. Wall Street Zen lowered shares of Trump Media & Technology Group from a "sell" rating to a "strong sell" rating in a research note on Sunday, November 1st. Weiss Ratings lowered shares of Trump Media & Technology Group from a "sell (d-)" rating to a "sell (e+)" rating in a research note on Wednesday, September 2nd. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat, the company presently has an average rating of "Sell".

Trump Media & Technology Group Price Performance

The stock has a market capitalization of $1.31 billion, a price-to-earnings ratio of -1.40 and a beta of 1.35. The stock's 50 day simple moving average is $7.45 and its 200-day simple moving average is $8.93.

Trump Media & Technology Group (NASDAQ:DJT - Get Free Report) last announced its quarterly earnings results on Monday, November 9th. The company reported $1.38 EPS for the quarter. The company had revenue of $2.97 million for the quarter. Trump Media & Technology Group had a negative net margin of 12,890.59% and a negative return on equity of 40.61%.

Hedge Funds Weigh In On Trump Media & Technology Group

Hedge funds have recently bought and sold shares of the business. Bleakley Financial Group LLC bought a new position in Trump Media & Technology Group during the third quarter valued at about $344,000. State Street Corp lifted its position in shares of Trump Media & Technology Group by 1.4% in the third quarter. State Street Corp now owns 4,252,273 shares of the company's stock worth $38,526,000 after buying an additional 60,601 shares during the last quarter. Private Advisor Group LLC boosted its stake in shares of Trump Media & Technology Group by 42.9% during the 3rd quarter. Private Advisor Group LLC now owns 22,835 shares of the company's stock worth $207,000 after acquiring an additional 6,853 shares in the last quarter. Ibex Wealth Advisors bought a new stake in shares of Trump Media & Technology Group during the 3rd quarter worth about $100,000. Finally, Russell Investments Group Ltd. boosted its stake in shares of Trump Media & Technology Group by 9.6% during the 3rd quarter. Russell Investments Group Ltd. now owns 40,491 shares of the company's stock worth $367,000 after acquiring an additional 3,543 shares in the last quarter. 4.29% of the stock is owned by institutional investors and hedge funds.

Trump Media & Technology Group Company Profile

Trump Media & Technology Group operates Truth Social, a social media platform where users can publish posts called “Truths,” share other users' posts and follow accounts. The company has positioned the platform as an alternative social network focused on open expression. The company has expanded beyond social media with Truth+, a streaming service offering video content, and Truth.Fi, a financial services and investment brand announced in 2025. Its offerings and business activities are primarily directed toward U.S. users and customers.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.