C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Invests $6.64 Million in Trump Media & Technology Group Corp. (NASDAQ:DJT)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in shares of Trump Media & Technology Group Corp. (NASDAQ:DJT) in the fourth quarter, Holdings Channel reports. The firm bought 194,783 shares of the company’s stock, valued at approximately $6,642,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Tsfg LLC acquired a new stake in Trump Media & Technology Group in the 4th quarter valued at $31,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of Trump Media & Technology Group in the fourth quarter worth about $34,000. Independence Bank of Kentucky grew its stake in shares of Trump Media & Technology Group by 245.8% in the fourth quarter. Independence Bank of Kentucky now owns 1,383 shares of the company’s stock valued at $47,000 after buying an additional 983 shares in the last quarter. Rakuten Securities Inc. acquired a new position in Trump Media & Technology Group during the 3rd quarter worth approximately $27,000. Finally, Geneos Wealth Management Inc. purchased a new position in Trump Media & Technology Group in the 4th quarter worth approximately $57,000. Institutional investors and hedge funds own 4.29% of the company’s stock.

Trump Media & Technology Group Stock Performance

Shares of NASDAQ:DJT opened at $30.43 on Thursday. The company has a 50 day moving average of $34.85 and a two-hundred day moving average of $28.73. Trump Media & Technology Group Corp. has a 52-week low of $11.75 and a 52-week high of $79.38. The company has a quick ratio of 47.49, a current ratio of 47.49 and a debt-to-equity ratio of 0.01.

Trump Media & Technology Group Company Profile

Trump Media & Technology Group Corp. operates as a social media and technology company. Its brands include TRUTH Social, TMTG+ and TMTG News. The company is headquartered in Sarasota, FL.