Stifel Financial Corp acquired a new stake in shares of Trump Media & Technology Group Corp. (NASDAQ:DJT - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 14,982 shares of the company's stock, valued at approximately $511,000.
Other hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in shares of Trump Media & Technology Group by 180.3% during the 4th quarter. Vanguard Group Inc. now owns 9,006,919 shares of the company's stock worth $307,136,000 after purchasing an additional 5,793,934 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Trump Media & Technology Group by 35.2% during the fourth quarter. Geode Capital Management LLC now owns 1,484,255 shares of the company's stock worth $50,630,000 after buying an additional 386,227 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in Trump Media & Technology Group by 32.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 788,722 shares of the company's stock worth $26,895,000 after buying an additional 193,563 shares during the period. Invesco Ltd. boosted its stake in shares of Trump Media & Technology Group by 785.1% during the 4th quarter. Invesco Ltd. now owns 512,613 shares of the company's stock worth $17,480,000 after acquiring an additional 454,699 shares in the last quarter. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in shares of Trump Media & Technology Group in the 4th quarter worth approximately $6,642,000. 4.29% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling
In other news, CFO Phillip Juhan sold 45,005 shares of the stock in a transaction dated Wednesday, May 14th. The stock was sold at an average price of $27.15, for a total value of $1,221,885.75. Following the completion of the sale, the chief financial officer now owns 175,572 shares in the company, valued at approximately $4,766,779.80. This trade represents a 20.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Eric Swider sold 5,000 shares of the business's stock in a transaction that occurred on 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 directly owns 38,989 shares in the company, valued at $763,014.73. This trade represents a 11.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 209,365 shares of company stock worth $5,410,300. 53.00% of the stock is owned by insiders.
Trump Media & Technology Group Price Performance
NASDAQ DJT traded up $0.66 during mid-day trading on Friday, hitting $25.64. The stock had a trading volume of 2,623,287 shares, compared to its average volume of 15,737,269. The company has a 50 day simple moving average of $21.74 and a 200 day simple moving average of $28.70. Trump Media & Technology Group Corp. has a 52-week low of $11.75 and a 52-week high of $54.68. 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 (NASDAQ:DJT - Get Free Report) last released its quarterly earnings results on Friday, May 9th. The company reported ($0.14) earnings per share (EPS) for the quarter. Trump Media & Technology Group had a negative return on equity of 70.26% and a negative net margin of 11,076.68%. The firm had revenue of $821.20 million for the quarter.
Trump Media & Technology Group Profile
(
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.
Featured Articles
Before you consider Trump Media & Technology Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Trump Media & Technology Group wasn't on the list.
While Trump Media & Technology Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Today, we are inviting you to take a free peek at our proprietary, exclusive, and up-to-the-minute list of 20 stocks that Wall Street's top analysts hate.
Many of these appear to have good fundamentals and might seem like okay investments, but something is wrong. Analysts smell something seriously rotten about these companies. These are true "Strong Sell" stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
