Vontobel Holding Ltd. Makes New $386,000 Investment in Trump Media & Technology Group Corp. (NASDAQ:DJT)

Vontobel Holding Ltd. acquired a new stake in Trump Media & Technology Group Corp. (NASDAQ:DJT) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 24,002 shares of the company’s stock, valued at approximately $386,000.

A number of other institutional investors also recently modified their holdings of DJT. Moisand Fitzgerald Tamayo LLC bought a new stake in shares of Trump Media & Technology Group in the 3rd quarter valued at $34,000. Avondale Wealth Management bought a new stake in shares of Trump Media & Technology Group in the 3rd quarter valued at $64,000. CWM LLC bought a new position in Trump Media & Technology Group during the third quarter worth $66,000. Creative Planning bought a new position in Trump Media & Technology Group during the third quarter worth $538,000. Finally, Sapient Capital LLC bought a new position in Trump Media & Technology Group during the third quarter worth $2,339,000. 4.29% of the stock is owned by institutional investors.

Trump Media & Technology Group Price Performance

Shares of NASDAQ DJT opened at $34.39 on Wednesday. Trump Media & Technology Group Corp. has a 12-month low of $11.75 and a 12-month high of $79.38. The company’s fifty day simple moving average is $20.24 and its 200 day simple moving average is $31.53.

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

Insiders Place Their Bets

In other Trump Media & Technology Group news, General Counsel Scott Glabe sold 4,083 shares of the company’s 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 transaction, the general counsel now owns 15,917 shares in the company, valued at approximately $361,315.90. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, General Counsel Scott Glabe sold 4,083 shares of the stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of $22.70, for a total value of $92,684.10. Following the completion of the sale, the general counsel now owns 15,917 shares in the company, valued at $361,315.90. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Devin G. Nunes sold 27,846 shares of the stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of $22.70, for a total transaction of $632,104.20. Following the completion of the sale, the chief executive officer now owns 87,154 shares of the company’s stock, valued at approximately $1,978,395.80. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 128,138 shares of company stock worth $2,908,733. Insiders own 14.80% of the company’s stock.

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.