International Assets Investment Management LLC Makes New $170,000 Investment in Trump Media & Technology Group Corp. (NASDAQ:DJT)

International Assets Investment Management LLC purchased a new position in shares of Trump Media & Technology Group Corp. (NASDAQ:DJT) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 10,606 shares of the company’s stock, valued at approximately $170,000.

A number of other hedge funds have also recently added to or reduced their stakes in DJT. Moisand Fitzgerald Tamayo LLC bought a new position in Trump Media & Technology Group in the 3rd quarter valued at $34,000. Avondale Wealth Management acquired a new position in shares of Trump Media & Technology Group during the third quarter valued at $64,000. CWM LLC bought a new position in Trump Media & Technology Group in the third quarter valued at about $66,000. Blue Trust Inc. bought a new position in Trump Media & Technology Group in the third quarter valued at about $83,000. Finally, Private Advisor Group LLC bought a new stake in Trump Media & Technology Group during the 3rd quarter worth about $263,000. Institutional investors own 4.29% of the company’s stock.

Insider Buying and Selling

In other news, COO Andrew Northwall sold 3,467 shares of the business’s stock in a transaction dated Thursday, August 22nd. The stock was sold at an average price of $22.70, for a total transaction 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 approximately $375,299.10. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other Trump Media & Technology Group news, CEO Devin G. Nunes sold 27,846 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 transaction of $632,104.20. Following the transaction, the chief executive officer now directly owns 87,154 shares in the company, valued at approximately $1,978,395.80. The trade was a 0.00 % decrease in their ownership of the stock. 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 stock was sold at an average price of $22.70, for a total value 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 $375,299.10. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 128,138 shares of company stock valued at $2,908,733 over the last three months. Company insiders own 14.80% of the company’s stock.

Trump Media & Technology Group Stock Performance

Trump Media & Technology Group stock opened at $35.96 on Thursday. Trump Media & Technology Group Corp. has a 1 year low of $11.75 and a 1 year high of $79.38. The company’s 50-day moving average is $23.36 and its two-hundred day moving average is $31.98.

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

Trump Media & Technology Group 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.