Trump Media & Technology Group Corp. (NASDAQ:DJT – Get Free Report) Director Eric Swider sold 5,000 shares of the company’s stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $19.57, for a total transaction of $97,850.00. Following the completion of the sale, the director now directly owns 38,989 shares of the company’s stock, valued at $763,014.73. This trade represents a 11.37 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Trump Media & Technology Group Price Performance
Trump Media & Technology Group stock opened at $20.21 on Friday. The firm has a fifty day simple moving average of $29.90 and a two-hundred day simple moving average of $28.59. The company has a debt-to-equity ratio of 0.01, a current ratio of 45.33 and a quick ratio of 47.49. Trump Media & Technology Group Corp. has a twelve month low of $11.75 and a twelve month high of $79.38.
Institutional Investors Weigh In On Trump Media & Technology Group
A number of hedge funds and other institutional investors have recently modified their holdings of DJT. Vanguard Group Inc. increased its stake in Trump Media & Technology Group by 180.3% in 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 during the period. Geode Capital Management LLC bought a new position in shares of Trump Media & Technology Group in the third quarter worth approximately $17,650,000. State Street Corp purchased a new position in shares of Trump Media & Technology Group in the third quarter worth $11,397,000. Charles Schwab Investment Management Inc. bought a new stake in Trump Media & Technology Group during the 3rd quarter valued at $9,564,000. Finally, Melqart Asset Management UK Ltd purchased a new stake in Trump Media & Technology Group during the 4th quarter valued at $18,725,000. Institutional investors own 4.29% of the company’s stock.
About Trump Media & Technology Group
Trump Media & Technology Group Corp. operates as a social media and technology company. Its brands include TRUTH Social, TMTG+ and TMTG News. The company is headquartered in Sarasota, FL.
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