Trump Media & Technology Group Corp. (NASDAQ:DJT - Get Free Report) shares gapped down prior to trading on Wednesday . The stock had previously closed at $20.26, but opened at $18.39. Trump Media & Technology Group shares last traded at $18.80, with a volume of 2,161,360 shares changing hands.
Trump Media & Technology Group Price Performance
The company has a debt-to-equity ratio of 0.01, a quick ratio of 47.49 and a current ratio of 45.33. The company's 50-day moving average price is $24.81 and its 200-day moving average price is $28.95.
Insiders Place Their Bets
In other Trump Media & Technology Group news, CFO Phillip Juhan sold 21,059 shares of the company's stock in a transaction on Monday, March 10th. The shares were sold at an average price of $20.50, for a total value of $431,709.50. Following the completion of the transaction, the chief financial officer now owns 220,577 shares in the company, valued at $4,521,828.50. This represents a 8.72 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Eric Swider sold 5,000 shares of Trump Media & Technology Group stock in a transaction dated Tuesday, March 11th. The stock was 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 $763,014.73. This trade represents a 11.37 % decrease in their position. The disclosure for this sale can be found here. 53.00% of the stock is owned by company insiders.
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in DJT. GeoWealth Management LLC increased its holdings in shares of Trump Media & Technology Group by 41,550.0% in the 4th quarter. GeoWealth Management LLC now owns 833 shares of the company's stock valued at $28,000 after acquiring an additional 831 shares during the period. Tsfg LLC acquired a new position in Trump Media & Technology Group in the fourth quarter valued at $31,000. Glass Jacobson Investment Advisors llc raised its holdings in shares of Trump Media & Technology Group by 350.5% in 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 last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of Trump Media & Technology Group in the fourth quarter valued at about $34,000. Finally, AlphaQuest LLC boosted its stake in shares of Trump Media & Technology Group by 140.7% during the fourth quarter. AlphaQuest LLC now owns 1,165 shares of the company's stock worth $40,000 after buying an additional 681 shares during the period. Hedge funds and other institutional investors own 4.29% of the company's stock.
Trump Media & Technology Group Company Profile
(
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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.
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