UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires Shares of 97,731 Trump Media & Technology Group Corp. (NASDAQ:DJT)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in Trump Media & Technology Group Corp. (NASDAQ:DJT) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 97,731 shares of the company’s stock, valued at approximately $1,571,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.05% of Trump Media & Technology Group as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of DJT. Charles Schwab Investment Management Inc. acquired a new position in shares of Trump Media & Technology Group in the 3rd quarter worth approximately $9,564,000. Lincoln Capital Corp bought a new position in Trump Media & Technology Group during the third quarter worth $323,000. Greenwich Wealth Management LLC acquired a new position in Trump Media & Technology Group in the third quarter worth $10,946,000. Sapient Capital LLC bought a new stake in Trump Media & Technology Group during the third quarter valued at $2,339,000. Finally, Vontobel Holding Ltd. acquired a new stake in shares of Trump Media & Technology Group during the third quarter worth $386,000. Institutional investors own 4.29% of the company’s stock.

Insider Buying and Selling

In other Trump Media & Technology Group news, General Counsel Scott Glabe sold 15,917 shares of the stock in a transaction on Friday, November 8th. The stock was sold at an average price of $32.19, for a total transaction of $512,368.23. Following the completion of 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 4.52 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Phillip Juhan sold 320,000 shares of Trump Media & Technology Group stock in a transaction on Friday, November 8th. The shares were sold at an average price of $30.65, for a total value of $9,808,000.00. Following the transaction, the chief financial officer now owns 329,798 shares in the company, valued at approximately $10,108,308.70. This trade represents a 49.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 536,100 shares of company stock worth $16,274,894 in the last three months. 14.80% of the stock is owned by insiders.

Trump Media & Technology Group Trading Up 5.2 %

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

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.