Victory Capital Management Inc. Invests $420,000 in Trump Media & Technology Group Corp. (NASDAQ:DJT)

Victory Capital Management Inc. acquired a new position in Trump Media & Technology Group Corp. (NASDAQ:DJT) in the 4th quarter, HoldingsChannel reports. The firm acquired 12,312 shares of the company’s stock, valued at approximately $420,000.

Several other institutional investors and hedge funds have also recently modified their holdings of DJT. Avior Wealth Management LLC purchased a new stake in shares of Trump Media & Technology Group in the third quarter worth approximately $79,000. Charles Schwab Investment Management Inc. purchased a new stake in shares of Trump Media & Technology Group during the third quarter valued at approximately $9,564,000. Larson Financial Group LLC purchased a new stake in shares of Trump Media & Technology Group during the third quarter valued at approximately $30,000. Independent Advisor Alliance purchased a new stake in shares of Trump Media & Technology Group during the third quarter valued at approximately $163,000. Finally, The Manufacturers Life Insurance Company purchased a new stake in shares of Trump Media & Technology Group during the third quarter valued at approximately $214,000. 4.29% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Trump Media & Technology Group

In other Trump Media & Technology Group 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 of the company’s stock, valued at approximately $763,014.73. This represents a 11.37 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Phillip Juhan sold 21,059 shares of the stock in a transaction 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 transaction, 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 disclosure for this sale can be found here. 14.80% of the stock is currently owned by company insiders.

Trump Media & Technology Group Price Performance

Shares of DJT opened at $20.25 on Friday. The company has a quick ratio of 47.49, a current ratio of 45.33 and a debt-to-equity ratio of 0.01. The stock has a 50 day moving average of $28.42 and a 200 day moving average of $28.67. Trump Media & Technology Group Corp. has a 12 month low of $11.75 and a 12 month high of $79.38.

Trump Media & Technology Group 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.