Trump Media & Technology Group (NASDAQ:DJT) Shares Gap Up to $16.07

Trump Media & Technology Group Corp. (NASDAQ:DJT)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $16.07, but opened at $17.23. Trump Media & Technology Group shares last traded at $16.55, with a volume of 3,718,863 shares trading hands.

Trump Media & Technology Group Stock Up 2.1 %

The business’s 50-day simple moving average is $21.50.

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

Insider Activity

In related news, General Counsel Scott Glabe sold 4,083 shares of the business’s stock in a transaction on Thursday, August 22nd. The stock was sold at an average price of $22.70, for a total transaction of $92,684.10. Following the completion of the transaction, the general counsel now directly owns 15,917 shares of the company’s stock, valued at approximately $361,315.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, General Counsel Scott Glabe sold 4,083 shares of Trump Media & Technology Group stock in a transaction on Thursday, August 22nd. The shares were sold at an average price of $22.70, for a total transaction of $92,684.10. Following the completion of the sale, the general counsel now directly owns 15,917 shares of the company’s stock, valued at approximately $361,315.90. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CTO Vladimir Novachki sold 7,801 shares of Trump Media & Technology Group stock in a transaction dated Thursday, August 22nd. The stock was sold at an average price of $22.70, for a total value of $177,082.70. Following the sale, the chief technology officer now directly owns 37,199 shares of the company’s stock, valued at $844,417.30. The disclosure for this sale can be found here. Over the last quarter, insiders sold 128,138 shares of company stock valued at $2,908,733. 14.80% of the stock is currently owned by company insiders.

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.