Insider Selling: Trump Media & Technology Group Corp. (NASDAQ:DJT) Director Sells 136,183 Shares of Stock

Trump Media & Technology Group Corp. (NASDAQ:DJT) Director Eric Swider sold 136,183 shares of the firm’s stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $28.23, for a total value of $3,844,446.09. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Trump Media & Technology Group Stock Performance

Shares of DJT stock traded down $2.94 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 current ratio of 47.49, a quick ratio of 24.73 and a debt-to-equity ratio of 0.01. The stock’s 50-day moving average is $24.36 and its two-hundred day moving average is $31.89. Trump Media & Technology Group Corp. has a twelve month low of $11.75 and a twelve month high of $79.38.

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

Institutional Investors Weigh In On Trump Media & Technology Group

A number of institutional investors have recently made changes to their positions in the stock. Larson Financial Group LLC acquired a new stake in shares of Trump Media & Technology Group during the third quarter worth approximately $30,000. Charles Schwab Investment Management Inc. acquired a new stake in shares of Trump Media & Technology Group during the third quarter worth $9,564,000. Avior Wealth Management LLC acquired a new stake in Trump Media & Technology Group in the 3rd quarter valued at $79,000. Archer Investment Corp bought a new stake in shares of Trump Media & Technology Group in the third quarter valued at approximately $48,000. Finally, Huntington National Bank acquired a new stake in shares of Trump Media & Technology Group in the third quarter valued at about $51,000. 4.29% of the stock is currently owned by institutional investors and hedge funds.

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.