Client 1ST Advisory Group LLC Takes $419,000 Position in Trump Media & Technology Group Corp. (NASDAQ:DJT)

Client 1ST Advisory Group LLC purchased a new stake in shares of Trump Media & Technology Group Corp. (NASDAQ:DJT) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 12,299 shares of the company’s stock, valued at approximately $419,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. bought a new position in Trump Media & Technology Group in the third quarter valued at about $9,564,000. Lincoln Capital Corp acquired a new position in shares of Trump Media & Technology Group in the third quarter valued at approximately $323,000. The Manufacturers Life Insurance Company bought a new position in Trump Media & Technology Group in the 3rd quarter valued at approximately $214,000. Greenwich Wealth Management LLC bought a new stake in Trump Media & Technology Group during the 3rd quarter worth approximately $10,946,000. Finally, Sapient Capital LLC bought a new stake in Trump Media & Technology Group during the 3rd quarter worth approximately $2,339,000. 4.29% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Trump Media & Technology Group

In other news, General Counsel Scott Glabe sold 15,917 shares of the firm’s stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $32.19, for a total transaction of $512,368.23. Following the completion of the sale, the general counsel now owns 336,576 shares of the company’s stock, valued at $10,834,381.44. This trade represents a 4.52 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Eric Swider sold 136,183 shares of Trump Media & Technology Group stock in a transaction on Friday, November 8th. The shares were sold at an average price of $28.23, for a total transaction of $3,844,446.09. The disclosure for this sale can be found here. In the last 90 days, insiders sold 536,100 shares of company stock valued at $16,274,894. 14.80% of the stock is currently owned by company insiders.

Trump Media & Technology Group Stock Performance

DJT stock opened at $40.03 on Monday. Trump Media & Technology Group Corp. has a 52-week low of $11.75 and a 52-week high of $79.38. The company has a fifty day moving average price of $34.34 and a 200-day moving average price of $28.82. 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 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.