4,750 Shares in Trump Media & Technology Group Corp. (NASDAQ:DJT) Bought by US Bancorp DE

US Bancorp DE acquired a new position in Trump Media & Technology Group Corp. (NASDAQ:DJT) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 4,750 shares of the company’s stock, valued at approximately $76,000.

Several other institutional investors also recently made changes to their positions in the stock. Moisand Fitzgerald Tamayo LLC acquired a new position in shares of Trump Media & Technology Group during the third quarter worth approximately $34,000. Allworth Financial LP acquired a new stake in shares of Trump Media & Technology Group during the third quarter worth $48,000. Avondale Wealth Management acquired a new stake in shares of Trump Media & Technology Group during the third quarter valued at approximately $64,000. CWM LLC purchased a new position in shares of Trump Media & Technology Group during the third quarter valued at $66,000. Finally, Blue Trust Inc. acquired a new stake in shares of Trump Media & Technology Group during the third quarter worth approximately $83,000. 4.29% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, Director Eric Swider sold 136,183 shares of Trump Media & Technology Group stock in a transaction on Friday, November 8th. The shares were sold at an average price of $28.23, for a total value of $3,844,446.09. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Phillip Juhan sold 84,941 shares of the firm’s stock in a transaction that occurred on Thursday, August 22nd. The shares were sold at an average price of $22.70, for a total value of $1,928,160.70. Following the completion of the sale, the chief financial officer now directly owns 405,059 shares in the company, valued at $9,194,839.30. This trade represents a 17.33 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 664,238 shares of company stock valued at $19,183,627 over the last ninety days. Corporate insiders own 14.80% of the company’s stock.

Trump Media & Technology Group Stock Performance

DJT opened at $28.10 on Friday. The stock has a fifty day moving average price of $25.26 and a 200 day moving average price of $31.50. The company has a debt-to-equity ratio of 0.01, a current ratio of 47.49 and a quick ratio of 47.49. Trump Media & Technology Group Corp. has a 1 year low of $11.75 and a 1 year high of $79.38.

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.