Eric Swider Sells 8,500 Shares of Trump Media & Technology Group Corp. (NASDAQ:DJT) Stock

Trump Media & Technology Group Corp. (NASDAQ:DJT - Get Free Report) Director Eric Swider sold 8,500 shares of the stock in a transaction dated Tuesday, June 10th. The shares were sold at an average price of $21.41, for a total value of $181,985.00. Following the completion of the transaction, the director now directly owns 17,489 shares of the company's stock, valued at $374,439.49. This represents a 32.71% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Eric Swider also recently made the following trade(s):

• On Wednesday, May 14th, Eric Swider sold 3,000 shares of Trump Media & Technology Group stock. The shares were sold at an average price of $26.65, for a total value of $79,950.00.

Trump Media & Technology Group Stock Performance

NASDAQ:DJT traded down $0.39 on Wednesday, hitting $20.52. 5,937,609 shares of the company's stock traded hands, compared to its average volume of 16,330,131. Trump Media & Technology Group Corp. has a 1 year low of $11.75 and a 1 year high of $54.68. The company has a current ratio of 45.33, a quick ratio of 47.49 and a debt-to-equity ratio of 0.01. The firm has a 50-day moving average price of $22.78 and a 200-day moving average price of $27.38.

Trump Media & Technology Group (NASDAQ:DJT - Get Free Report) last posted its earnings results on Friday, May 9th. The company reported ($0.14) earnings per share (EPS) for the quarter. The business had revenue of $821.20 million during the quarter. Trump Media & Technology Group had a negative net margin of 11,076.68% and a negative return on equity of 70.26%.

Institutional Trading of Trump Media & Technology Group

A number of institutional investors and hedge funds have recently modified their holdings of the company. GeoWealth Management LLC lifted its position in shares of Trump Media & Technology Group by 41,550.0% during the 4th quarter. GeoWealth Management LLC now owns 833 shares of the company's stock worth $28,000 after purchasing an additional 831 shares during the last quarter. Glass Jacobson Investment Advisors llc lifted its holdings 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 worth $31,000 after buying an additional 701 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of Trump Media & Technology Group during the fourth quarter worth approximately $34,000. AlphaQuest LLC boosted its position in shares of 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 during the period. Finally, Russell Investments Group Ltd. grew its stake in shares of Trump Media & Technology Group by 85.1% in the fourth quarter. Russell Investments Group Ltd. now owns 1,220 shares of the company's stock worth $42,000 after acquiring an additional 561 shares during the last quarter. 4.29% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen cut Trump Media & Technology Group from a "hold" rating to a "sell" rating in a research note on Friday, June 6th.

Trump Media & Technology Group Company Profile

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.