Trump Media & Technology Group (NASDAQ:DJT) Sees Strong Trading Volume

Trump Media & Technology Group Corp. (NASDAQ:DJT) saw an uptick in trading volume on Monday . 2,330,513 shares were traded during mid-day trading, a decline of 64% from the previous session’s volume of 6,517,997 shares.The stock last traded at $18.32 and had previously closed at $17.10.

Trump Media & Technology Group Stock Up 7.4 %

The firm has a 50 day simple moving average of $27.07.

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

Insider Activity at Trump Media & Technology Group

In related news, CFO Phillip Juhan sold 84,941 shares of Trump Media & Technology Group stock in a transaction on Thursday, August 22nd. The stock was sold at an average price of $22.70, for a total transaction of $1,928,160.70. Following the transaction, the chief financial officer now directly owns 405,059 shares in the company, valued at $9,194,839.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other Trump Media & Technology Group news, CEO Devin G. Nunes sold 27,846 shares of the firm’s stock in a transaction dated Thursday, August 22nd. The stock was sold at an average price of $22.70, for a total transaction of $632,104.20. Following the sale, the chief executive officer now directly owns 87,154 shares of the company’s stock, valued at $1,978,395.80. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Phillip Juhan sold 84,941 shares of the firm’s stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of $22.70, for a total value of $1,928,160.70. Following the sale, the chief financial officer now directly owns 405,059 shares in the company, valued at $9,194,839.30. The disclosure for this sale can be found here. Over the last three months, insiders have sold 128,138 shares of company stock worth $2,908,733. Corporate insiders own 14.80% 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.