13,287 Shares in Trump Media & Technology Group Corp. (NASDAQ:DJT) Acquired by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company purchased a new position in shares of Trump Media & Technology Group Corp. (NASDAQ:DJT) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 13,287 shares of the company’s stock, valued at approximately $214,000.

Other large investors also recently bought and sold shares of the company. Rakuten Securities Inc. purchased a new stake in shares of Trump Media & Technology Group during the 3rd quarter valued at $27,000. Larson Financial Group LLC purchased a new stake in Trump Media & Technology Group during the third quarter valued at about $30,000. Moisand Fitzgerald Tamayo LLC purchased a new stake in shares of Trump Media & Technology Group during the 3rd quarter worth about $34,000. Allworth Financial LP acquired a new stake in Trump Media & Technology Group during the 3rd quarter worth approximately $48,000. Finally, Archer Investment Corp purchased a new position in Trump Media & Technology Group in the third quarter valued at approximately $48,000. Hedge funds and other institutional investors own 4.29% of the company’s stock.

Insider Buying and Selling

In other Trump Media & Technology Group news, Director Eric Swider sold 136,183 shares of the business’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of $28.23, for a total value of $3,844,446.09. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, General Counsel Scott Glabe sold 15,917 shares of the firm’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $32.19, for a total value of $512,368.23. Following the sale, the general counsel now owns 336,576 shares of the company’s stock, valued at $10,834,381.44. This represents a 4.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 536,100 shares of company stock valued at $16,274,894. Company insiders own 14.80% of the company’s stock.

Trump Media & Technology Group Stock Up 5.2 %

DJT opened at $38.50 on Tuesday. Trump Media & Technology Group Corp. has a 52-week low of $11.75 and a 52-week high of $79.38. The company has a 50 day moving average of $32.52 and a two-hundred day moving average of $29.01. The company has a current ratio of 47.49, a quick ratio of 47.49 and a debt-to-equity ratio of 0.01.

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.