Tsfg LLC Makes New $31,000 Investment in Trump Media & Technology Group Corp. (NASDAQ:DJT)

Tsfg LLC purchased a new position in shares of Trump Media & Technology Group Corp. (NASDAQ:DJT) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 900 shares of the company’s stock, valued at approximately $31,000.

Several other institutional investors and hedge funds have also recently modified their holdings of DJT. Rakuten Securities Inc. purchased a new position in Trump Media & Technology Group during the third quarter worth about $27,000. Larson Financial Group LLC acquired a new stake in shares of Trump Media & Technology Group during the 3rd quarter worth approximately $30,000. Moisand Fitzgerald Tamayo LLC purchased a new stake in shares of Trump Media & Technology Group during the 3rd quarter valued at approximately $34,000. MetLife Investment Management LLC acquired a new position in Trump Media & Technology Group in the third quarter valued at approximately $43,000. Finally, Allworth Financial LP acquired a new position in Trump Media & Technology Group in the third quarter valued at approximately $48,000. Institutional investors and hedge funds own 4.29% of the company’s stock.

Trump Media & Technology Group Trading Up 21.5 %

DJT stock opened at $42.91 on Tuesday. Trump Media & Technology Group Corp. has a 52-week low of $11.75 and a 52-week high of $79.38. The company has a debt-to-equity ratio of 0.01, a current ratio of 47.49 and a quick ratio of 47.49. The business has a fifty day moving average of $33.70 and a two-hundred day moving average of $28.57.

Insider Buying and Selling

In other news, CFO Phillip Juhan sold 64,000 shares of the firm’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of $32.97, for a total transaction of $2,110,080.00. Following the completion of the transaction, the chief financial officer now directly owns 265,798 shares in the company, valued at $8,763,360.06. This trade represents a 19.41 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, General Counsel Scott Glabe sold 15,917 shares of Trump Media & Technology Group stock in a transaction on Friday, November 8th. The shares were sold at an average price of $32.19, for a total value of $512,368.23. Following the completion of the sale, the general counsel now directly owns 336,576 shares of the company’s stock, valued at $10,834,381.44. The trade was a 4.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 536,100 shares of company stock valued at $16,274,894. 14.80% of the stock is currently owned by insiders.

About Trump Media & Technology Group

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.