Scott Glabe Sells 15,917 Shares of Trump Media & Technology Group Corp. (NASDAQ:DJT) Stock

Trump Media & Technology Group Corp. (NASDAQ:DJT) General Counsel Scott Glabe sold 15,917 shares of the company’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of $32.19, for a total transaction of $512,368.23. Following the completion of the sale, the general counsel now directly owns 336,576 shares in the company, valued at $10,834,381.44. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Scott Glabe also recently made the following trade(s):

• On Thursday, August 22nd, Scott Glabe sold 4,083 shares of Trump Media & Technology Group stock. The shares were sold at an average price of $22.70, for a total transaction of $92,684.10.

Trump Media & Technology Group Stock Performance

Shares of NASDAQ:DJT traded down $2.94 on Tuesday, reaching $30.47. 28,268,610 shares of the company’s stock were exchanged, compared to its average volume of 15,796,823. The company has a debt-to-equity ratio of 0.01, a quick ratio of 24.73 and a current ratio of 47.49. The company has a fifty day moving average of $24.36 and a 200-day moving average of $31.89. Trump Media & Technology Group Corp. has a twelve month low of $11.75 and a twelve month high of $79.38.

Trump Media & Technology Group (NASDAQ:DJT) last announced its quarterly earnings data on Friday, August 9th. The company reported ($0.10) earnings per share (EPS) for the quarter. The firm had revenue of $0.84 million for the quarter.

Institutional Investors Weigh In On Trump Media & Technology Group

Several institutional investors and hedge funds have recently modified their holdings of the stock. Rakuten Securities Inc. purchased a new stake in Trump Media & Technology Group in the 3rd quarter worth approximately $27,000. Larson Financial Group LLC purchased a new stake in Trump Media & Technology Group during the third quarter worth approximately $30,000. Moisand Fitzgerald Tamayo LLC acquired a new position in shares of Trump Media & Technology Group in the third quarter valued at approximately $34,000. Allworth Financial LP acquired a new position in Trump Media & Technology Group during the third quarter worth $48,000. Finally, Archer Investment Corp acquired a new stake in shares of Trump Media & Technology Group during the third quarter valued at $48,000. Institutional investors own 4.29% of the company’s stock.

Trump Media & Technology Group Company Profile

Trump Media & Technology Group Corp. develops a social media platform known as Truth Social that offers social networking services in the United States. The company was founded in 2021 and is based in Sarasota, Florida.