Trump Media & Technology Group Corp. (NASDAQ:DJT) Director Eric Swider Sells 136,183 Shares

Trump Media & Technology Group Corp. (NASDAQ:DJT) Director Eric Swider sold 136,183 shares of Trump Media & Technology Group stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $28.23, for a total value of $3,844,446.09. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Trump Media & Technology Group Trading Down 6.7 %

NASDAQ DJT opened at $26.99 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 47.49 and a current ratio of 47.49. Trump Media & Technology Group Corp. has a 1-year low of $11.75 and a 1-year high of $79.38. The stock’s 50 day simple moving average is $24.85 and its 200-day simple moving average is $31.79.

Institutional Investors Weigh In On Trump Media & Technology Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in DJT. Lincoln Capital Corp purchased a new position in Trump Media & Technology Group during the third quarter worth approximately $323,000. Greenwich Wealth Management LLC acquired a new stake in shares of Trump Media & Technology Group in the 3rd quarter worth $10,946,000. Sapient Capital LLC purchased a new position in shares of Trump Media & Technology Group during the 3rd quarter worth $2,339,000. Vontobel Holding Ltd. purchased a new stake in shares of Trump Media & Technology Group in the third quarter valued at about $386,000. Finally, Creative Planning acquired a new stake in Trump Media & Technology Group during the third quarter worth about $538,000. Institutional investors and hedge funds own 4.29% 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.