Tsfg LLC Purchases Shares of 900 Trump Media & Technology Group Corp. (NASDAQ:DJT)

Tsfg LLC acquired a new position in shares of Trump Media & Technology Group Corp. (NASDAQ:DJT) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 900 shares of the company’s stock, valued at approximately $31,000.

A number of other large investors have also recently made changes to their positions in DJT. Rakuten Securities Inc. acquired a new position in Trump Media & Technology Group during the 3rd quarter worth approximately $27,000. Larson Financial Group LLC purchased a new stake in shares of Trump Media & Technology Group during the 3rd quarter worth $30,000. Moisand Fitzgerald Tamayo LLC acquired a new position in shares of Trump Media & Technology Group during the third quarter worth $34,000. MetLife Investment Management LLC purchased a new position in Trump Media & Technology Group in the third quarter valued at $43,000. Finally, Allworth Financial LP acquired a new stake in Trump Media & Technology Group in the third quarter valued at $48,000. 4.29% of the stock is currently owned by hedge funds and other institutional investors.

Trump Media & Technology Group Stock Up 21.5 %

NASDAQ:DJT opened at $42.91 on Tuesday. The company has a quick ratio of 47.49, a current ratio of 47.49 and a debt-to-equity ratio of 0.01. Trump Media & Technology Group Corp. has a 1 year low of $11.75 and a 1 year high of $79.38. The stock has a 50-day simple moving average of $33.70 and a 200-day simple moving average of $28.57.

Insider Activity at Trump Media & Technology Group

In other Trump Media & Technology Group news, CFO Phillip Juhan sold 320,000 shares of the company’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of $30.65, for a total value of $9,808,000.00. Following the completion of the transaction, the chief financial officer now owns 329,798 shares in the company, valued at $10,108,308.70. This represents a 49.25 % 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 136,183 shares of Trump Media & Technology Group stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $28.23, for a total value of $3,844,446.09. The disclosure for this sale can be found here. Insiders sold 536,100 shares of company stock valued at $16,274,894 over the last three months. 14.80% of the stock is owned by corporate insiders.

Trump Media & Technology Group Company Profile

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.