Trump Media & Technology Group Corp. (NASDAQ:DJT) Shares Acquired by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. boosted its position in Trump Media & Technology Group Corp. (NASDAQ:DJT) by 32.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 788,722 shares of the company’s stock after acquiring an additional 193,563 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Trump Media & Technology Group were worth $26,895,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Tsfg LLC acquired a new stake in shares of Trump Media & Technology Group during the 4th quarter valued at approximately $31,000. Wilmington Savings Fund Society FSB purchased a new position in Trump Media & Technology Group in the 4th quarter valued at approximately $34,000. Independence Bank of Kentucky increased its stake in Trump Media & Technology Group by 245.8% in the 4th quarter. Independence Bank of Kentucky now owns 1,383 shares of the company’s stock valued at $47,000 after purchasing an additional 983 shares in the last quarter. Geneos Wealth Management Inc. acquired a new position in shares of Trump Media & Technology Group during the 4th quarter worth $57,000. Finally, Larson Financial Group LLC purchased a new stake in shares of Trump Media & Technology Group in the 3rd quarter worth about $30,000. Hedge funds and other institutional investors own 4.29% of the company’s stock.

Trump Media & Technology Group Stock Up 1.7 %

Shares of Trump Media & Technology Group stock opened at $20.56 on Tuesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 47.49 and a current ratio of 45.33. The business has a 50 day moving average price of $29.59 and a 200 day moving average price of $28.71. Trump Media & Technology Group Corp. has a 1 year low of $11.75 and a 1 year high of $79.38.

Insider Activity at Trump Media & Technology Group

In related news, CFO Phillip Juhan sold 21,059 shares of the firm’s stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $20.50, for a total value of $431,709.50. Following the sale, the chief financial officer now directly owns 220,577 shares of the company’s stock, valued at approximately $4,521,828.50. This trade represents a 8.72 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Eric Swider sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $19.57, for a total transaction of $97,850.00. Following the transaction, the director now directly owns 38,989 shares of the company’s stock, valued at $763,014.73. This trade represents a 11.37 % decrease in their position. The disclosure for this sale can be found here. Insiders own 14.80% of the company’s stock.

Trump Media & Technology Group Company Profile

Trump Media & Technology Group Corp. operates as a social media and technology company. Its brands include TRUTH Social, TMTG+ and TMTG News. The company is headquartered in Sarasota, FL.