Shares of Trump Media & Technology Group Corp. (NASDAQ:DJT – Get Free Report) traded up 15.3% on Monday . The company traded as high as $46.93 and last traded at $44.91. 50,868,614 shares traded hands during trading, an increase of 380% from the average session volume of 10,599,063 shares. The stock had previously closed at $38.95.
Trump Media & Technology Group Stock Performance
The business has a 50-day moving average of $21.02 and a two-hundred day moving average of $31.54.
Trump Media & Technology Group (NASDAQ:DJT – Get Free Report) last issued its quarterly earnings data on Friday, August 9th. The company reported ($0.10) earnings per share (EPS) for the quarter. The firm had revenue of $0.84 million for the quarter.
Insider Transactions at Trump Media & Technology Group
Institutional Trading of Trump Media & Technology Group
Several large investors have recently made changes to their positions in DJT. Moisand Fitzgerald Tamayo LLC purchased a new stake in shares of Trump Media & Technology Group in the third quarter worth about $34,000. Allworth Financial LP purchased a new stake in Trump Media & Technology Group in the 3rd quarter worth approximately $48,000. Avondale Wealth Management purchased a new position in shares of Trump Media & Technology Group during the 3rd quarter valued at approximately $64,000. CWM LLC acquired a new position in shares of Trump Media & Technology Group in the 3rd quarter valued at $66,000. Finally, US Bancorp DE acquired a new stake in Trump Media & Technology Group during the third quarter valued at $76,000. 4.29% of the stock is owned by hedge funds and other institutional investors.
About Trump Media & Technology Group
Trump Media & Technology Group Corp. develops a social media platform known as Truth Social that offers social networking services in the United States. The company was founded in 2021 and is based in Sarasota, Florida.
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