Trump Media & Technology Group (NASDAQ:DJT) Posts Quarterly Earnings Results

Trump Media & Technology Group (NASDAQ:DJT) issued its earnings results on Friday. The company reported ($0.14) earnings per share (EPS) for the quarter, Zacks reports. The company had revenue of $821.20 million during the quarter. Trump Media & Technology Group had a negative return on equity of 70.26% and a negative net margin of 11,076.68%.

Trump Media & Technology Group Price Performance

DJT opened at $24.89 on Friday. The business has a 50-day moving average of $21.42 and a 200-day moving average of $29.02. Trump Media & Technology Group has a fifty-two week low of $11.75 and a fifty-two week high of $56.55. The company has a quick ratio of 47.49, a current ratio of 45.33 and a debt-to-equity ratio of 0.01.

Insider Transactions at Trump Media & Technology Group

In other Trump Media & Technology Group news, CFO Phillip Juhan sold 21,059 shares of the firm’s stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $20.50, for a total value of $431,709.50. Following the sale, the chief financial officer now owns 220,577 shares of the company’s stock, valued at $4,521,828.50. This trade represents a 8.72 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Eric Swider sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $19.57, for a total value of $97,850.00. Following the transaction, the director now owns 38,989 shares of the company’s stock, valued at approximately $763,014.73. This trade represents a 11.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 53.00% of the stock is currently owned by company insiders.

Trump Media & Technology Group Company Profile

Trump Media & Technology Group Corp. engages in operating social media and in the technology business. Its brands include TRUTH Social, TMTG+ and TMTG News. The company was founded on March 28, 2024 and is headquartered in Sarasota, FL.