Price T Rowe Associates Inc. MD Purchases 23,730 Shares of Trump Media & Technology Group Corp. (NASDAQ:DJT)

Price T Rowe Associates Inc. MD increased its stake in Trump Media & Technology Group Corp. (NASDAQ:DJT) by 83.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 52,042 shares of the company’s stock after acquiring an additional 23,730 shares during the period. Price T Rowe Associates Inc. MD’s holdings in Trump Media & Technology Group were worth $1,775,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. New York State Common Retirement Fund boosted its stake in shares of Trump Media & Technology Group by 80.8% during the fourth quarter. New York State Common Retirement Fund now owns 38,700 shares of the company’s stock valued at $1,320,000 after purchasing an additional 17,300 shares during the period. Allworth Financial LP raised its position in shares of Trump Media & Technology Group by 13.6% in the 4th quarter. Allworth Financial LP now owns 3,385 shares of the company’s stock worth $114,000 after acquiring an additional 406 shares in the last quarter. Amalgamated Bank raised its holdings in Trump Media & Technology Group by 15.2% in the fourth quarter. Amalgamated Bank now owns 4,170 shares of the company’s stock worth $142,000 after purchasing an additional 550 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in Trump Media & Technology Group during the fourth quarter valued at approximately $6,642,000. Finally, Rhumbline Advisers lifted its holdings in shares of Trump Media & Technology Group by 23.7% during the 4th quarter. Rhumbline Advisers now owns 76,976 shares of the company’s stock valued at $2,625,000 after purchasing an additional 14,752 shares during the last quarter. Institutional investors own 4.29% of the company’s stock.

Trump Media & Technology Group Stock Performance

Shares of DJT stock opened at $25.14 on Friday. Trump Media & Technology Group Corp. has a fifty-two week low of $11.75 and a fifty-two week high of $56.55. 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 stock’s 50-day simple moving average is $21.37 and its 200-day simple moving average is $29.14.

Insiders Place Their Bets

In other news, Director Eric Swider sold 5,000 shares of the company’s stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $19.57, for a total value of $97,850.00. Following the sale, the director now directly owns 38,989 shares of the company’s stock, valued at $763,014.73. This represents a 11.37 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Phillip Juhan sold 21,059 shares of the stock in a transaction dated Monday, March 10th. The stock was 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 in the company, valued at $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. Corporate insiders own 53.00% of the company’s stock.

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.