Trump Media & Technology Group Corp. (NASDAQ:DJT) CFO Sells $431,709.50 in Stock

Trump Media & Technology Group Corp. (NASDAQ:DJT) CFO Phillip Juhan sold 21,059 shares of the company’s 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 completion of the transaction, the chief financial officer now 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Trump Media & Technology Group Price Performance

DJT opened at $19.17 on Friday. The stock has a 50-day moving average price of $30.19 and a 200-day moving average price of $28.60. Trump Media & Technology Group Corp. has a 12-month low of $11.75 and a 12-month high of $79.38. The company has a current ratio of 45.33, a quick ratio of 47.49 and a debt-to-equity ratio of 0.01.

Hedge Funds Weigh In On Trump Media & Technology Group

A number of hedge funds and other institutional investors have recently modified their holdings of DJT. US Bancorp DE purchased a new position in shares of Trump Media & Technology Group in the 3rd quarter worth about $76,000. Amalgamated Bank purchased a new position in shares of Trump Media & Technology Group in the 3rd quarter worth about $58,000. Rakuten Securities Inc. purchased a new position in shares of Trump Media & Technology Group in the 3rd quarter worth about $27,000. Huntington National Bank purchased a new position in shares of Trump Media & Technology Group in the 3rd quarter worth about $51,000. Finally, Archer Investment Corp purchased a new position in shares of Trump Media & Technology Group in the 3rd quarter worth about $48,000. 4.29% of the stock is currently owned by hedge funds and other institutional investors.

Trump Media & Technology Group Company 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.