Trump Media & Technology Group Corp. (NASDAQ:DJT) Director Sells $181,985.00 in Stock

Trump Media & Technology Group Corp. (NASDAQ:DJT) Director Eric Swider sold 8,500 shares of the stock in a transaction dated Tuesday, June 10th. The stock was sold at an average price of $21.41, for a total value of $181,985.00. Following the completion of the sale, the director now directly owns 17,489 shares of the company’s stock, valued at approximately $374,439.49. This represents a 32.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Eric Swider also recently made the following trade(s):

• On Wednesday, May 14th, Eric Swider sold 3,000 shares of Trump Media & Technology Group stock. The stock was sold at an average price of $26.65, for a total transaction of $79,950.00.

Trump Media & Technology Group Stock Down 1.9%

DJT opened at $20.52 on Thursday. The business has a 50 day moving average price of $22.78 and a 200 day moving average price of $27.38. The company has a debt-to-equity ratio of 0.01, a quick ratio of 47.49 and a current ratio of 45.33. Trump Media & Technology Group Corp. has a twelve month low of $11.75 and a twelve month high of $54.68.

Trump Media & Technology Group (NASDAQ:DJT) last posted its quarterly earnings data on Friday, May 9th. The company reported ($0.14) earnings per share for the quarter. The business had revenue of $821.20 million for the quarter. Trump Media & Technology Group had a negative return on equity of 70.26% and a negative net margin of 11,076.68%.

Wall Street Analyst Weigh In

Separately, Wall Street Zen lowered Trump Media & Technology Group from a “hold” rating to a “sell” rating in a report on Friday, June 6th.

Institutional Trading of Trump Media & Technology Group

Several hedge funds and other institutional investors have recently bought and sold shares of DJT. GeoWealth Management LLC increased its holdings in Trump Media & Technology Group by 41,550.0% in the 4th quarter. GeoWealth Management LLC now owns 833 shares of the company’s stock valued at $28,000 after buying an additional 831 shares during the period. Glass Jacobson Investment Advisors llc raised its position in Trump Media & Technology Group by 350.5% in the 4th quarter. Glass Jacobson Investment Advisors llc now owns 901 shares of the company’s stock valued at $31,000 after purchasing an additional 701 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in Trump Media & Technology Group during the 4th quarter worth about $34,000. Meeder Asset Management Inc. acquired a new position in shares of Trump Media & Technology Group during the first quarter worth approximately $39,000. Finally, AlphaQuest LLC boosted 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 valued at $40,000 after buying an additional 681 shares during the last quarter. 4.29% of the stock is currently owned by institutional investors and hedge funds.

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.