US Bancorp DE Acquires 1,784 Shares of Trump Media & Technology Group Corp. (NASDAQ:DJT)

US Bancorp DE increased its holdings in shares of Trump Media & Technology Group Corp. (NASDAQ:DJT) by 37.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,534 shares of the company’s stock after purchasing an additional 1,784 shares during the quarter. US Bancorp DE’s holdings in Trump Media & Technology Group were worth $223,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Allworth Financial LP lifted its holdings in shares of Trump Media & Technology Group by 13.6% during the fourth quarter. Allworth Financial LP now owns 3,385 shares of the company’s stock valued at $114,000 after purchasing an additional 406 shares in the last quarter. Amalgamated Bank lifted its holdings in shares of Trump Media & Technology Group by 15.2% during the fourth quarter. Amalgamated Bank now owns 4,170 shares of the company’s stock valued at $142,000 after purchasing an additional 550 shares in the last quarter. Tsfg LLC bought a new position in shares of Trump Media & Technology Group during the fourth quarter valued at $31,000. Avior Wealth Management LLC lifted its holdings in Trump Media & Technology Group by 18.7% in the fourth quarter. Avior Wealth Management LLC now owns 5,826 shares of the company’s stock valued at $199,000 after acquiring an additional 916 shares during the period. Finally, Independence Bank of Kentucky lifted its holdings in Trump Media & Technology Group by 245.8% in the fourth quarter. Independence Bank of Kentucky now owns 1,383 shares of the company’s stock valued at $47,000 after acquiring an additional 983 shares during the period. 4.29% of the stock is owned by institutional investors.

Trump Media & Technology Group Stock Performance

DJT stock opened at $20.21 on Friday. Trump Media & Technology Group Corp. has a fifty-two week low of $11.75 and a fifty-two week high of $79.38. The business’s 50-day moving average is $29.90 and its two-hundred day moving average is $28.59. The company has a debt-to-equity ratio of 0.01, a current ratio of 45.33 and a quick ratio of 47.49.

Insider Buying and Selling at Trump Media & Technology Group

In related news, Director Eric Swider sold 5,000 shares of the stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $19.57, for a total transaction of $97,850.00. Following the completion of the sale, the director now owns 38,989 shares in the company, valued at approximately $763,014.73. This trade represents a 11.37 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Phillip Juhan sold 21,059 shares of the stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $20.50, for a total value of $431,709.50. Following the sale, the chief financial officer now owns 220,577 shares of the company’s stock, valued at $4,521,828.50. This represents a 8.72 % decrease in their position. The disclosure for this sale can be found here. 14.80% of the stock is owned by corporate insiders.

Trump Media & Technology Group Company Profile

Trump Media & Technology Group Corp. operates as a social media and technology company. Its brands include TRUTH Social, TMTG+ and TMTG News. The company is headquartered in Sarasota, FL.