Trump Media & Technology Group Corp. (NASDAQ:DJT) Shares Acquired by Focus Partners Wealth

Focus Partners Wealth grew its stake in Trump Media & Technology Group Corp. (NASDAQ:DJT - Free Report) by 104.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 136,198 shares of the company's stock after purchasing an additional 69,577 shares during the period. Focus Partners Wealth owned approximately 0.06% of Trump Media & Technology Group worth $4,648,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of DJT. Vanguard Group Inc. increased its holdings in shares of Trump Media & Technology Group by 180.3% in the fourth quarter. Vanguard Group Inc. now owns 9,006,919 shares of the company's stock valued at $307,136,000 after purchasing an additional 5,793,934 shares during the period. Melqart Asset Management UK Ltd acquired a new position in shares of Trump Media & Technology Group in the fourth quarter valued at approximately $18,725,000. Invesco Ltd. grew its holdings in Trump Media & Technology Group by 785.1% during the fourth quarter. Invesco Ltd. now owns 512,613 shares of the company's stock worth $17,480,000 after acquiring an additional 454,699 shares during the period. Geode Capital Management LLC grew 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 acquiring an additional 386,227 shares during the period. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in Trump Media & Technology Group during the fourth quarter worth $6,642,000. Institutional investors and hedge funds own 4.29% of the company's stock.

Trump Media & Technology Group Price Performance

DJT stock traded up $0.66 on Friday, reaching $25.64. 2,623,287 shares of the company's stock were exchanged, compared to its average volume of 15,845,652. The stock has a fifty day moving average of $21.86 and a 200-day moving average of $28.44. Trump Media & Technology Group Corp. has a twelve month low of $11.75 and a twelve month 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.

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 for the quarter. The firm 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%.

Insider Buying and Selling at Trump Media & Technology Group

In other news, CFO Phillip Juhan sold 21,059 shares of Trump Media & Technology Group 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 transaction, the chief financial officer now directly owns 220,577 shares of the company's stock, valued at $4,521,828.50. The trade was a 8.72% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Devin G. Nunes sold 59,483 shares of the firm's stock in a transaction dated Wednesday, May 14th. The shares were sold at an average price of $26.46, for a total value of $1,573,920.18. Following the sale, the chief executive officer now owns 1,148,705 shares in the company, valued at approximately $30,394,734.30. The trade was a 4.92% 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 valued at $5,410,300. Insiders own 53.00% of the company's stock.

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.