Trump Media & Technology Group Corp. (NASDAQ:DJT) CFO Phillip Juhan Sells 21,059 Shares

Trump Media & Technology Group Corp. (NASDAQ:DJT) CFO Phillip Juhan sold 21,059 shares of the firm’s stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $20.50, for a total value of $431,709.50. Following the transaction, the chief financial officer now directly owns 220,577 shares of the company’s stock, valued at $4,521,828.50. This represents a 8.72 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Trump Media & Technology Group Stock Performance

Shares of DJT stock opened at $20.07 on Thursday. The stock has a 50-day simple moving average of $30.49 and a 200 day simple moving average of $28.67. Trump Media & Technology Group Corp. has a fifty-two week low of $11.75 and a fifty-two week high of $79.38. The company has a quick ratio of 47.49, a current ratio of 45.33 and a debt-to-equity ratio of 0.01.

Hedge Funds Weigh In On Trump Media & Technology Group

Hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. boosted its position in Trump Media & Technology Group by 180.3% during the 4th quarter. Vanguard Group Inc. now owns 9,006,919 shares of the company’s stock worth $307,136,000 after acquiring an additional 5,793,934 shares during the period. Geode Capital Management LLC boosted its position in Trump Media & Technology Group by 35.2% during the 4th quarter. Geode Capital Management LLC now owns 1,484,255 shares of the company’s stock worth $50,630,000 after acquiring an additional 386,227 shares during the period. Charles Schwab Investment Management Inc. boosted its position in Trump Media & Technology Group by 32.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 788,722 shares of the company’s stock worth $26,895,000 after acquiring an additional 193,563 shares during the period. State Street Corp acquired a new stake in Trump Media & Technology Group during the 3rd quarter worth about $11,397,000. Finally, Melqart Asset Management UK Ltd purchased a new stake in shares of Trump Media & Technology Group during the 4th quarter worth about $18,725,000. Institutional investors and hedge funds own 4.29% of the company’s stock.

Trump Media & Technology Group Company 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.