8,010 Shares in Trump Media & Technology Group Corp. (NASDAQ:DJT) Purchased by Stonegate Investment Group LLC

Stonegate Investment Group LLC purchased a new stake in shares of Trump Media & Technology Group Corp. (NASDAQ:DJT) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 8,010 shares of the company’s stock, valued at approximately $273,000.

A number of other large investors also recently bought and sold shares of DJT. Tsfg LLC purchased a new position in shares of Trump Media & Technology Group during the 4th quarter valued at approximately $31,000. Rakuten Securities Inc. purchased a new stake in Trump Media & Technology Group during the third quarter worth $27,000. Geneos Wealth Management Inc. acquired a new stake in Trump Media & Technology Group during the fourth quarter valued at $57,000. Larson Financial Group LLC purchased a new position in Trump Media & Technology Group in the third quarter valued at $30,000. Finally, Moisand Fitzgerald Tamayo LLC acquired a new position in shares of Trump Media & Technology Group in the third quarter worth about $34,000. 4.29% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Eric Swider sold 136,183 shares of the stock in a transaction on Friday, November 8th. The stock was sold at an average price of $28.23, for a total value of $3,844,446.09. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, General Counsel Scott Glabe sold 15,917 shares of Trump Media & Technology Group stock in a transaction on Friday, November 8th. The stock was sold at an average price of $32.19, for a total transaction of $512,368.23. Following the sale, the general counsel now directly owns 336,576 shares in the company, valued at approximately $10,834,381.44. This trade represents a 4.52 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 536,100 shares of company stock worth $16,274,894. Company insiders own 14.80% of the company’s stock.

Trump Media & Technology Group Stock Up 1.7 %

NASDAQ:DJT opened at $30.04 on Wednesday. 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 debt-to-equity ratio of 0.01, a quick ratio of 47.49 and a current ratio of 47.49. The stock’s 50-day moving average price is $34.82 and its 200-day moving average price is $28.98.

Trump Media & Technology Group (NASDAQ:DJT) last posted its quarterly earnings data on Tuesday, November 5th. The company reported ($0.10) EPS for the quarter. The firm had revenue of $1.01 million during the quarter.

Trump Media & Technology Group Profile

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.