Trump Media & Technology Group (NASDAQ:DJT) Sees Unusually-High Trading Volume

Trump Media & Technology Group Corp. (NASDAQ:DJT) saw strong trading volume on Monday . 3,234,747 shares changed hands during mid-day trading, a decline of 52% from the previous session’s volume of 6,776,169 shares.The stock last traded at $17.58 and had previously closed at $17.97.

Trump Media & Technology Group Stock Down 3.6 %

The company has a 50 day moving average of $25.69.

Trump Media & Technology Group (NASDAQ:DJT) last posted 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 for the quarter.

Insider Buying and Selling

In other Trump Media & Technology Group news, CFO Phillip Juhan sold 84,941 shares of the business’s stock in a transaction that occurred on Thursday, August 22nd. The stock was sold at an average price of $22.70, for a total transaction of $1,928,160.70. Following the completion of the sale, the chief financial officer now directly owns 405,059 shares in the company, valued at approximately $9,194,839.30. The transaction was disclosed in a document filed with the SEC, which is available through this link. In other news, CFO Phillip Juhan sold 84,941 shares of the firm’s stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of $22.70, for a total value of $1,928,160.70. Following the transaction, the chief financial officer now directly owns 405,059 shares of the company’s stock, valued at $9,194,839.30. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Andrew Northwall sold 3,467 shares of the stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of $22.70, for a total transaction of $78,700.90. Following the completion of the sale, the chief operating officer now owns 16,533 shares of the company’s stock, valued at approximately $375,299.10. The disclosure for this sale can be found here. Insiders sold a total of 128,138 shares of company stock worth $2,908,733 in the last 90 days. Insiders own 14.80% 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.