Lincoln Capital Corp Invests $323,000 in Trump Media & Technology Group Corp. (NASDAQ:DJT)

Lincoln Capital Corp acquired a new stake in Trump Media & Technology Group Corp. (NASDAQ:DJT) in the 3rd quarter, Holdings Channel.com reports. The fund acquired 20,120 shares of the company’s stock, valued at approximately $323,000.

A number of other large investors have also bought and sold shares of DJT. Sapient Capital LLC bought a new position in Trump Media & Technology Group in the third quarter valued at approximately $2,339,000. Busey Bank acquired a new stake in shares of Trump Media & Technology Group during the third quarter worth $727,000. Creative Planning bought a new stake in Trump Media & Technology Group in the 3rd quarter valued at $538,000. Vontobel Holding Ltd. acquired a new position in Trump Media & Technology Group in the 3rd quarter worth $386,000. Finally, Private Advisor Group LLC bought a new position in Trump Media & Technology Group during the 3rd quarter worth about $263,000. 4.29% of the stock is owned by institutional investors.

Insider Transactions at Trump Media & Technology Group

In related news, COO Andrew Northwall sold 3,467 shares of the firm’s stock in a transaction on Thursday, August 22nd. The shares were sold at an average price of $22.70, for a total value of $78,700.90. Following the completion of the transaction, the chief operating officer now owns 16,533 shares of the company’s stock, valued at approximately $375,299.10. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Trump Media & Technology Group news, COO Andrew Northwall sold 3,467 shares of the firm’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 value of $78,700.90. Following the completion of the transaction, the chief operating officer now directly owns 16,533 shares in the company, valued at $375,299.10. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Devin G. Nunes sold 27,846 shares of the company’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 value of $632,104.20. Following the sale, the chief executive officer now owns 87,154 shares in the company, valued at approximately $1,978,395.80. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 128,138 shares of company stock valued at $2,908,733 over the last 90 days. 14.80% of the stock is owned by corporate insiders.

Trump Media & Technology Group Price Performance

DJT opened at $38.95 on Friday. The business’s 50-day moving average price is $21.02 and its two-hundred day moving average price is $31.60. Trump Media & Technology Group Corp. has a 1 year low of $11.75 and a 1 year high of $79.38.

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

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.