Trump Media & Technology Group (NASDAQ:DJT) Trading Up 6%

Shares of Trump Media & Technology Group Corp. (NASDAQ:DJT) were up 6% on Friday . The stock traded as high as $14.86 and last traded at $14.82. Approximately 3,568,804 shares changed hands during trading, a decline of 51% from the average daily volume of 7,215,030 shares. The stock had previously closed at $13.98.

Trump Media & Technology Group Trading Up 5.5 %

The firm has a 50-day moving average price of $21.87.

Trump Media & Technology Group (NASDAQ:DJT) last posted its quarterly earnings results on Friday, August 9th. The company reported ($0.10) EPS for the quarter. The company had revenue of $0.84 million during the quarter.

Insider Activity

In related news, COO Andrew Northwall sold 3,467 shares of the company’s stock in a transaction that occurred on Thursday, August 22nd. The stock was sold at an average price of $22.70, for a total transaction of $78,700.90. Following the sale, the chief operating officer now directly owns 16,533 shares of the company’s stock, valued at approximately $375,299.10. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, COO Andrew Northwall sold 3,467 shares of Trump Media & Technology Group stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of $22.70, for a total value of $78,700.90. Following the completion of the transaction, the chief operating officer now directly owns 16,533 shares of the company’s stock, valued at approximately $375,299.10. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Phillip Juhan sold 84,941 shares of the stock in a transaction dated Thursday, August 22nd. The stock was sold at an average price of $22.70, for a total transaction of $1,928,160.70. Following the sale, the chief financial officer now owns 405,059 shares in the company, valued at approximately $9,194,839.30. The disclosure for this sale can be found here. In the last ninety days, insiders sold 128,138 shares of company stock worth $2,908,733. 14.80% of the stock is currently owned by insiders.

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.