Client 1ST Advisory Group LLC Acquires Shares of 12,299 Trump Media & Technology Group Corp. (NASDAQ:DJT)

Client 1ST Advisory Group LLC purchased a new position in Trump Media & Technology Group Corp. (NASDAQ:DJT) during the fourth quarter, Holdings Channel reports. The fund purchased 12,299 shares of the company’s stock, valued at approximately $419,000.

Several other institutional investors also recently added to or reduced their stakes in DJT. Geode Capital Management LLC purchased a new position in shares of Trump Media & Technology Group during the 3rd quarter valued at $17,650,000. State Street Corp bought a new stake in Trump Media & Technology Group in the 3rd quarter valued at about $11,397,000. Greenwich Wealth Management LLC purchased a new stake in Trump Media & Technology Group during the third quarter valued at about $10,946,000. Charles Schwab Investment Management Inc. bought a new position in Trump Media & Technology Group during the third quarter worth about $9,564,000. Finally, Sapient Capital LLC purchased a new position in shares of Trump Media & Technology Group in the third quarter worth about $2,339,000. Institutional investors own 4.29% of the company’s stock.

Trump Media & Technology Group Stock Down 2.4 %

Shares of DJT stock opened at $40.03 on Monday. The firm’s 50 day moving average is $34.34 and its 200 day moving average is $28.82. Trump Media & Technology Group Corp. has a 12 month low of $11.75 and a 12 month 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.

Insider Buying and Selling at Trump Media & Technology Group

In other Trump Media & Technology Group news, General Counsel Scott Glabe sold 15,917 shares of the firm’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $32.19, for a total value of $512,368.23. Following the completion of the transaction, the general counsel now owns 336,576 shares in the company, valued at $10,834,381.44. This trade represents a 4.52 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Phillip Juhan sold 64,000 shares of the company’s stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $32.97, for a total value of $2,110,080.00. Following the sale, the chief financial officer now owns 265,798 shares in the company, valued at approximately $8,763,360.06. This represents a 19.41 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 536,100 shares of company stock valued at $16,274,894 in the last 90 days. 14.80% of the stock is currently owned by company insiders.

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.