250,000 Shares in Trump Media & Technology Group Corp. $DJT Purchased by Creek Drive Management Group LLC

Creek Drive Management Group LLC acquired a new position in Trump Media & Technology Group Corp. (NASDAQ:DJTFree Report) in the 4th quarter, HoldingsChannel reports. The fund acquired 250,000 shares of the company’s stock, valued at approximately $3,310,000. Trump Media & Technology Group accounts for about 2.3% of Creek Drive Management Group LLC’s holdings, making the stock its 15th biggest position.

A number of other hedge funds have also recently modified their holdings of the business. Vanguard Group Inc. raised its holdings in shares of Trump Media & Technology Group by 53.1% in the third quarter. Vanguard Group Inc. now owns 14,834,151 shares of the company’s stock worth $243,577,000 after buying an additional 5,143,195 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in Trump Media & Technology Group by 114,382.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 507,159 shares of the company’s stock valued at $6,715,000 after acquiring an additional 506,716 shares during the period. Yorkville Advisors Global LP boosted its holdings in Trump Media & Technology Group by 7.6% during the 4th quarter. Yorkville Advisors Global LP now owns 6,641,944 shares of the company’s stock valued at $87,939,000 after acquiring an additional 471,881 shares during the period. Clear Street Group Inc. grew its position in Trump Media & Technology Group by 323,356.9% in the 4th quarter. Clear Street Group Inc. now owns 1,297,062 shares of the company’s stock valued at $17,173,000 after acquiring an additional 1,296,661 shares during the last quarter. Finally, Asset One Wealth Management LLC bought a new position in Trump Media & Technology Group in the 4th quarter valued at $1,895,000. Institutional investors own 4.29% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Trump Media & Technology Group in a research report on Monday, May 4th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Trump Media & Technology Group has an average rating of “Sell”.

Read Our Latest Analysis on DJT

Trump Media & Technology Group Stock Performance

Shares of NASDAQ DJT opened at $8.49 on Friday. Trump Media & Technology Group Corp. has a 52-week low of $7.75 and a 52-week high of $20.92. The firm has a market capitalization of $2.35 billion, a price-to-earnings ratio of -2.06 and a beta of 4.06. The stock has a 50 day moving average price of $8.87 and a 200 day moving average price of $10.65.

Trump Media & Technology Group Company Profile

(Free Report)

Trump Media & Technology Group (NASDAQ: DJT) is a U.S.-based digital media and technology company focused on social networking and content distribution. The firm’s flagship offering, Truth Social, is designed as an alternative social media platform with features for user-generated posts, direct messaging and community engagement. In addition to its core social network, TMTG has signaled plans for a subscription-based streaming service and other digital content ventures under the TMTG+ brand, aiming to expand its multimedia footprint.

Founded in October 2021 by former President Donald J.

See Also

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Institutional Ownership by Quarter for Trump Media & Technology Group (NASDAQ:DJT)

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