Trump Media & Technology Group Corp. (NASDAQ:DJT) General Counsel Scott Glabe Sells 15,917 Shares

Trump Media & Technology Group Corp. (NASDAQ:DJT) General Counsel Scott Glabe sold 15,917 shares of Trump Media & Technology Group stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $32.19, for a total transaction of $512,368.23. Following the transaction, the general counsel now directly owns 336,576 shares of the company’s stock, valued at approximately $10,834,381.44. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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 shares were sold at an average price of $22.70, for a total transaction of $92,684.10.

Trump Media & Technology Group Stock Performance

Trump Media & Technology Group stock opened at $30.47 on Wednesday. Trump Media & Technology Group Corp. has a twelve month low of $11.75 and a twelve month high of $79.38. The company has a debt-to-equity ratio of 0.01, a quick ratio of 24.73 and a current ratio of 47.49. The stock’s 50 day moving average is $24.36 and its 200 day moving average is $31.89.

Hedge Funds Weigh In On Trump Media & Technology Group

Several institutional investors and hedge funds have recently modified their holdings of the stock. Rakuten Securities Inc. bought a new stake in shares of Trump Media & Technology Group during the third quarter valued at approximately $27,000. Larson Financial Group LLC bought a new stake in shares of Trump Media & Technology Group in the 3rd quarter worth $30,000. Moisand Fitzgerald Tamayo LLC purchased a new position in shares of Trump Media & Technology Group in the third quarter worth $34,000. Allworth Financial LP bought a new position in shares of Trump Media & Technology Group during the third quarter valued at $48,000. Finally, Archer Investment Corp purchased a new stake in shares of Trump Media & Technology Group during the third quarter valued at $48,000. 4.29% of the stock is currently 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.