Trump Media & Technology Group Corp. (NASDAQ:DJT) Stock Holdings Lifted by Independence Bank of Kentucky

Independence Bank of Kentucky increased its stake in Trump Media & Technology Group Corp. (NASDAQ:DJT) by 245.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,383 shares of the company’s stock after acquiring an additional 983 shares during the quarter. Independence Bank of Kentucky’s holdings in Trump Media & Technology Group were worth $47,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. Rakuten Securities Inc. purchased a new stake in shares of Trump Media & Technology Group in the third quarter valued at $27,000. Larson Financial Group LLC acquired a new stake in Trump Media & Technology Group during the 3rd quarter worth about $30,000. Tsfg LLC purchased a new position in Trump Media & Technology Group during the 4th quarter valued at about $31,000. Moisand Fitzgerald Tamayo LLC acquired a new position in shares of Trump Media & Technology Group in the 3rd quarter valued at about $34,000. Finally, MetLife Investment Management LLC purchased a new stake in shares of Trump Media & Technology Group in the third quarter worth approximately $43,000. 4.29% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Trump Media & Technology Group news, CFO Phillip Juhan sold 320,000 shares of the business’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $30.65, for a total value of $9,808,000.00. Following the completion of the sale, the chief financial officer now owns 329,798 shares of the company’s stock, valued at $10,108,308.70. The trade was a 49.25 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Eric Swider sold 136,183 shares of the stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $28.23, for a total value of $3,844,446.09. The disclosure for this sale can be found here. Insiders sold a total of 536,100 shares of company stock worth $16,274,894 in the last three months. 14.80% of the stock is owned by insiders.

Trump Media & Technology Group Price Performance

Shares of DJT opened at $31.86 on Monday. The company has a quick ratio of 47.49, a current ratio of 47.49 and a debt-to-equity ratio of 0.01. The company’s 50 day moving average price is $34.91 and its 200 day moving average price is $28.90. Trump Media & Technology Group Corp. has a 52 week low of $11.75 and a 52 week high of $79.38.

Trump Media & Technology Group (NASDAQ:DJT) last posted its quarterly earnings results on Tuesday, November 5th. The company reported ($0.10) earnings per share for the quarter. The firm had revenue of $1.01 million for the quarter.

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.