133,000 Shares of Trump Media & Technology Group Corp. $DJT Purchased by TrinityBridge Ltd

TrinityBridge Ltd acquired a new stake in Trump Media & Technology Group Corp. (NASDAQ:DJT) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 133,000 shares of the company’s stock, valued at approximately $1,206,000.

A number of other institutional investors also recently bought and sold shares of DJT. Global Assets Advisory LLC purchased a new stake in Trump Media & Technology Group during the 1st quarter worth approximately $34,000. Root Financial Partners LLC raised its holdings in shares of Trump Media & Technology Group by 44,011.1% in the first quarter. Root Financial Partners LLC now owns 3,970 shares of the company’s stock worth $37,000 after buying an additional 3,961 shares during the last quarter. Nykredit A S purchased a new position in shares of Trump Media & Technology Group in the second quarter worth $31,000. Farther Finance Advisors LLC raised its holdings in shares of Trump Media & Technology Group by 55.6% in the third quarter. Farther Finance Advisors LLC now owns 4,734 shares of the company’s stock worth $43,000 after buying an additional 1,691 shares during the last quarter. Finally, Strategic Wealth Partners Ltd. raised its holdings in shares of Trump Media & Technology Group by 60.1% in the second quarter. Strategic Wealth Partners Ltd. now owns 6,660 shares of the company’s stock worth $52,000 after buying an additional 2,500 shares during the last quarter. 4.29% of the stock is currently owned by institutional investors and hedge funds.

Trump Media & Technology Group Stock Performance

Shares of NASDAQ:DJT opened at $5.95 on Wednesday. Trump Media & Technology Group Corp. has a 52-week low of $5.40 and a 52-week high of $17.09. The business has a 50-day moving average price of $8.15 and a 200-day moving average price of $9.27.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. Wall Street Zen downgraded shares of Trump Media & Technology Group from a “sell” rating to a “strong sell” rating in a research note on Sunday. Weiss Ratings downgraded Trump Media & Technology Group from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Wednesday, September 2nd. One analyst has rated the stock with a Sell rating. According to MarketBeat, the stock currently has a consensus rating of “Sell”.

Trump Media & Technology Group Profile

Trump Media & Technology Group Corp. is a media and technology company focused on developing social media, streaming and other digital services. Its principal platform is Truth Social, a social networking service that enables users to create posts, follow accounts and participate in online discussions.

The company also operates Truth+, a streaming platform offering video content, including news and entertainment programming. TMTG has additionally announced plans to develop Truth.Fi, a financial services and technology initiative intended to include products such as separately managed accounts, exchange-traded funds and other investment-related offerings.