Trump Media & Technology Group Corp. $DJT Shares Bought by Capstone Financial Advisors Inc.

Capstone Financial Advisors Inc. grew its position in Trump Media & Technology Group Corp. (NASDAQ:DJT) by 14.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 77,500 shares of the company’s stock after buying an additional 9,900 shares during the quarter. Capstone Financial Advisors Inc.’s holdings in Trump Media & Technology Group were worth $1,398,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Police & Firemen s Retirement System of New Jersey grew its stake in Trump Media & Technology Group by 45.6% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 39,611 shares of the company’s stock valued at $715,000 after acquiring an additional 12,399 shares during the last quarter. Geode Capital Management LLC raised its position in Trump Media & Technology Group by 13.5% during the second quarter. Geode Capital Management LLC now owns 1,823,997 shares of the company’s stock worth $32,908,000 after acquiring an additional 216,718 shares during the last quarter. Allworth Financial LP lifted its holdings in shares of Trump Media & Technology Group by 30.1% in the second quarter. Allworth Financial LP now owns 4,029 shares of the company’s stock valued at $73,000 after purchasing an additional 931 shares in the last quarter. Machina Capital S.A.S. acquired a new stake in shares of Trump Media & Technology Group in the second quarter valued at approximately $273,000. Finally, Amalgamated Bank increased its stake in shares of Trump Media & Technology Group by 22.2% during the 2nd quarter. Amalgamated Bank now owns 5,890 shares of the company’s stock worth $106,000 after purchasing an additional 1,069 shares in the last quarter. 4.29% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Trump Media & Technology Group

In other Trump Media & Technology Group news, Director Eric Swider sold 5,000 shares of Trump Media & Technology Group stock in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $17.61, for a total value of $88,050.00. Following the completion of the sale, the director directly owned 24,041 shares of the company’s stock, valued at approximately $423,362.01. The trade was a 17.22% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 53.00% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Trump Media & Technology Group in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Trump Media & Technology Group Stock Performance

Shares of NASDAQ DJT opened at $12.03 on Friday. The company has a 50-day simple moving average of $16.04 and a 200-day simple moving average of $18.67. The company has a debt-to-equity ratio of 0.42, a current ratio of 42.78 and a quick ratio of 132.60. The company has a market cap of $3.33 billion, a PE ratio of -20.39 and a beta of 4.56. Trump Media & Technology Group Corp. has a 12 month low of $11.90 and a 12 month high of $43.46.

Trump Media & Technology Group Company Profile

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.