Trump Media & Technology Group (NASDAQ:DJT) Shares Gap Up to $16.07

Trump Media & Technology Group Corp. (NASDAQ:DJT) gapped up prior to trading on Tuesday . The stock had previously closed at $16.07, but opened at $17.23. Trump Media & Technology Group shares last traded at $16.55, with a volume of 3,718,863 shares traded.

Trump Media & Technology Group Stock Performance

The firm has a 50 day simple moving average of $20.87.

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

Insider Activity at Trump Media & Technology Group

In other Trump Media & Technology Group news, CFO Phillip Juhan sold 84,941 shares of the stock in a transaction on Thursday, August 22nd. The shares were sold at an average price of $22.70, for a total transaction of $1,928,160.70. Following the completion of the transaction, the chief financial officer now owns 405,059 shares in the company, valued at $9,194,839.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other Trump Media & Technology Group news, CFO Phillip Juhan sold 84,941 shares of the stock in a transaction on Thursday, August 22nd. The shares were sold at an average price of $22.70, for a total transaction of $1,928,160.70. Following the completion of the transaction, the chief financial officer now owns 405,059 shares in the company, valued at $9,194,839.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Devin G. Nunes sold 27,846 shares of the stock in a transaction on Thursday, August 22nd. The shares were sold at an average price of $22.70, for a total transaction of $632,104.20. Following the transaction, the chief executive officer now owns 87,154 shares of the company’s stock, valued at approximately $1,978,395.80. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 128,138 shares of company stock valued at $2,908,733. Corporate insiders own 14.80% of the company’s stock.

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.