Corient Private Wealth LLC Takes Position in Trump Media & Technology Group Corp. (NASDAQ:DJT)

Corient Private Wealth LLC acquired a new position in shares of Trump Media & Technology Group Corp. (NASDAQ:DJT) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 8,301 shares of the company’s stock, valued at approximately $283,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Tsfg LLC bought a new position in Trump Media & Technology Group during the fourth quarter valued at approximately $31,000. Wilmington Savings Fund Society FSB bought a new position in shares of Trump Media & Technology Group during the 4th quarter valued at $34,000. AlphaQuest LLC raised its position in Trump Media & Technology Group by 140.7% in the 4th quarter. AlphaQuest LLC now owns 1,165 shares of the company’s stock worth $40,000 after purchasing an additional 681 shares during the period. Independence Bank of Kentucky lifted its stake 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 worth $47,000 after purchasing an additional 983 shares during the last quarter. Finally, Geneos Wealth Management Inc. purchased a new stake in Trump Media & Technology Group during the fourth quarter valued at about $57,000. 4.29% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Trump Media & Technology Group news, Director Eric Swider sold 5,000 shares of the stock in a transaction on Tuesday, March 11th. The shares were 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 of the company’s stock, valued at $763,014.73. This represents a 11.37 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Phillip Juhan sold 21,059 shares of the business’s stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $20.50, for a total transaction of $431,709.50. Following the completion of the transaction, the chief financial officer now owns 220,577 shares in the company, valued at $4,521,828.50. The trade was 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 Trading Down 1.5 %

DJT opened at $19.54 on Tuesday. Trump Media & Technology Group Corp. has a 12 month low of $11.75 and a 12 month high of $61.00. The company has a current ratio of 45.33, a quick ratio of 47.49 and a debt-to-equity ratio of 0.01. The business’s 50-day moving average price is $26.03 and its 200-day moving average price is $28.90.

About Trump Media & Technology Group

Trump Media & Technology Group Corp. engages in operating social media and in the technology business. Its brands include TRUTH Social, TMTG+ and TMTG News. The company was founded on March 28, 2024 and is headquartered in Sarasota, FL.