Trump Media & Technology Group Corp. (NASDAQ:DJT) Director Sells $3,844,446.09 in Stock

Trump Media & Technology Group Corp. (NASDAQ:DJT) Director Eric Swider sold 136,183 shares of the business’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $28.23, for a total value of $3,844,446.09. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Trump Media & Technology Group Trading Down 8.8 %

Trump Media & Technology Group stock traded down $2.94 during trading hours on Tuesday, hitting $30.47. The company had a trading volume of 28,268,610 shares, compared to its average volume of 15,796,823. The company has a quick ratio of 24.73, a current ratio of 47.49 and a debt-to-equity ratio of 0.01. Trump Media & Technology Group Corp. has a fifty-two week low of $11.75 and a fifty-two week high of $79.38. The firm’s fifty day moving average is $24.36 and its 200-day moving average is $31.89.

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

Institutional Investors Weigh In On Trump Media & Technology Group

A number of large investors have recently added to or reduced their stakes in the business. Rakuten Securities Inc. bought a new stake in shares of Trump Media & Technology Group during the 3rd quarter worth approximately $27,000. Larson Financial Group LLC bought a new position in Trump Media & Technology Group during the 3rd quarter valued at $30,000. Moisand Fitzgerald Tamayo LLC bought a new stake in shares of Trump Media & Technology Group in the 3rd quarter worth approximately $34,000. Allworth Financial LP purchased a new stake in shares of Trump Media & Technology Group during the third quarter worth $48,000. Finally, Archer Investment Corp purchased a new position in Trump Media & Technology Group during the third quarter worth about $48,000. Institutional investors own 4.29% 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.