Trump Media & Technology Group Corp. (NASDAQ:DJT) General Counsel Sells $512,368.23 in Stock

Trump Media & Technology Group Corp. (NASDAQ:DJT) General Counsel Scott Glabe sold 15,917 shares of Trump Media & Technology Group stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $32.19, for a total transaction of $512,368.23. Following the completion of the sale, the general counsel now owns 336,576 shares of the company’s stock, valued at approximately $10,834,381.44. The trade was a 4.52 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Scott Glabe also recently made the following trade(s):

• On Thursday, August 22nd, Scott Glabe sold 4,083 shares of Trump Media & Technology Group stock. The stock was sold at an average price of $22.70, for a total transaction of $92,684.10.

Trump Media & Technology Group Stock Performance

Shares of NASDAQ DJT opened at $26.99 on Friday. The firm’s 50-day moving average price is $24.85 and its 200-day moving average price is $31.79. Trump Media & Technology Group Corp. has a 1-year low of $11.75 and a 1-year high of $79.38. The company has a current ratio of 47.49, a quick ratio of 47.49 and a debt-to-equity ratio of 0.01.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Greenwich Wealth Management LLC purchased a new position in Trump Media & Technology Group in the 3rd quarter worth $10,946,000. Charles Schwab Investment Management Inc. bought a new position in Trump Media & Technology Group during the third quarter valued at approximately $9,564,000. Sapient Capital LLC bought a new position in Trump Media & Technology Group in the third quarter worth approximately $2,339,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in Trump Media & Technology Group in the third quarter worth approximately $1,571,000. Finally, Busey Bank purchased a new stake in shares of Trump Media & Technology Group in the third quarter worth $727,000. 4.29% of the stock is owned by institutional investors.

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.