Amundi Raises Holdings in Trump Media & Technology Group Corp. (NASDAQ:DJT)

Amundi increased its position in shares of Trump Media & Technology Group Corp. (NASDAQ:DJT) by 91.9% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,975 shares of the company’s stock after purchasing an additional 946 shares during the quarter. Amundi’s holdings in Trump Media & Technology Group were worth $68,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the company. Geode Capital Management LLC purchased a new stake in shares of Trump Media & Technology Group during the third quarter worth approximately $17,650,000. Charles Schwab Investment Management Inc. grew its holdings in Trump Media & Technology Group by 32.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 788,722 shares of the company’s stock valued at $26,895,000 after buying an additional 193,563 shares in the last quarter. State Street Corp purchased a new stake in Trump Media & Technology Group in the 3rd quarter valued at $11,397,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in Trump Media & Technology Group in the 4th quarter valued at $6,642,000. Finally, Bank of New York Mellon Corp grew its holdings in Trump Media & Technology Group by 15.2% in the 4th quarter. Bank of New York Mellon Corp now owns 194,374 shares of the company’s stock valued at $6,628,000 after buying an additional 25,685 shares in the last quarter. 4.29% of the stock is currently owned by hedge funds and other institutional investors.

Trump Media & Technology Group Price Performance

Shares of NASDAQ:DJT opened at $20.25 on Friday. 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 fifty day moving average of $28.42 and a two-hundred day moving average of $28.67. Trump Media & Technology Group Corp. has a 52-week low of $11.75 and a 52-week high of $79.38.

Insider Buying and Selling at Trump Media & Technology Group

In other news, Director Eric Swider sold 5,000 shares of the stock in a transaction 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 completion of the transaction, the director now directly owns 38,989 shares in the company, valued at approximately $763,014.73. This represents a 11.37 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Phillip Juhan sold 21,059 shares of the stock in a transaction on Monday, March 10th. The stock was sold at an average price of $20.50, for a total value of $431,709.50. Following the transaction, the chief financial officer now owns 220,577 shares of the company’s stock, valued at approximately $4,521,828.50. This represents a 8.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 14.80% of the stock is owned by company insiders.

About Trump Media & Technology Group

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.