Alliancebernstein L.P. Has $999,000 Stake in Trump Media & Technology Group Corp. (NASDAQ:DJT)

Alliancebernstein L.P. lifted its stake in shares of Trump Media & Technology Group Corp. (NASDAQ:DJT) by 20.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 29,286 shares of the company’s stock after purchasing an additional 4,896 shares during the quarter. Alliancebernstein L.P.’s holdings in Trump Media & Technology Group were worth $999,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Public Employees Retirement System of Ohio bought a new stake in shares of Trump Media & Technology Group during the 3rd quarter valued at approximately $336,000. New York State Common Retirement Fund grew its position in shares of Trump Media & Technology Group by 80.8% in the 4th quarter. New York State Common Retirement Fund now owns 38,700 shares of the company’s stock valued at $1,320,000 after buying an additional 17,300 shares during the last quarter. Allworth Financial LP boosted its holdings in Trump Media & Technology Group by 13.6% in the fourth quarter. Allworth Financial LP now owns 3,385 shares of the company’s stock valued at $114,000 after acquiring an additional 406 shares during the last quarter. Amalgamated Bank raised its stake in Trump Media & Technology Group by 15.2% during the fourth quarter. Amalgamated Bank now owns 4,170 shares of the company’s stock worth $142,000 after buying an additional 550 shares during the last quarter. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in Trump Media & Technology Group during the fourth quarter worth $6,642,000. 4.29% of the stock is owned by institutional investors.

Insider Activity

In other news, CFO Phillip Juhan sold 21,059 shares of the business’s stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $20.50, for a total transaction of $431,709.50. Following the completion of the sale, the chief financial officer now owns 220,577 shares in the company, valued at $4,521,828.50. The trade was a 8.72 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Eric Swider sold 5,000 shares of Trump Media & Technology Group stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $19.57, for a total transaction of $97,850.00. Following the completion of the sale, the director now directly owns 38,989 shares of the company’s stock, valued at approximately $763,014.73. The trade was a 11.37 % decrease in their position. The disclosure for this sale can be found here. 53.00% of the stock is owned by company insiders.

Trump Media & Technology Group Trading Up 11.7 %

Shares of DJT opened at $22.04 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 firm’s fifty day simple moving average is $22.00 and its two-hundred day simple moving average is $29.07. Trump Media & Technology Group Corp. has a 12 month low of $11.75 and a 12 month high of $56.55.

Trump Media & Technology Group Company Profile

Trump Media & Technology Group Corp. engages in operating social media and in the technology business. Its brands include TRUTH Social, TMTG+ and TMTG News. The company was founded on March 28, 2024 and is headquartered in Sarasota, FL.