Trump Media & Technology Group Corp. (NASDAQ:DJT) Position Increased by Treasurer of the State of North Carolina

Treasurer of the State of North Carolina raised its position in Trump Media & Technology Group Corp. (NASDAQ:DJT) by 30.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,760 shares of the company’s stock after purchasing an additional 7,570 shares during the quarter. Treasurer of the State of North Carolina’s holdings in Trump Media & Technology Group were worth $1,117,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Tsfg LLC bought a new stake in shares of Trump Media & Technology Group in the 4th quarter valued at approximately $31,000. Wilmington Savings Fund Society FSB acquired a new stake in Trump Media & Technology Group in the fourth quarter valued at approximately $34,000. AlphaQuest LLC grew its position in Trump Media & Technology Group by 140.7% in the fourth quarter. AlphaQuest LLC now owns 1,165 shares of the company’s stock worth $40,000 after acquiring an additional 681 shares in the last quarter. Russell Investments Group Ltd. increased its stake in shares of Trump Media & Technology Group by 85.1% during the 4th quarter. Russell Investments Group Ltd. now owns 1,220 shares of the company’s stock worth $42,000 after purchasing an additional 561 shares during the last quarter. Finally, Independence Bank of Kentucky raised its holdings in shares of Trump Media & Technology Group by 245.8% during the 4th quarter. Independence Bank of Kentucky now owns 1,383 shares of the company’s stock valued at $47,000 after purchasing an additional 983 shares in the last quarter. 4.29% of the stock is owned by institutional investors and hedge funds.

Trump Media & Technology Group Stock Performance

DJT stock opened at $22.04 on Friday. The company has a quick ratio of 47.49, a current ratio of 45.33 and a debt-to-equity ratio of 0.01. Trump Media & Technology Group Corp. has a 1 year low of $11.75 and a 1 year high of $56.55. The company has a fifty day simple moving average of $22.16 and a 200 day simple moving average of $29.03.

Insider Transactions at Trump Media & Technology Group

In other Trump Media & Technology Group news, CFO Phillip Juhan sold 21,059 shares of the company’s stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $20.50, for a total transaction of $431,709.50. Following the completion of the sale, the chief financial officer now owns 220,577 shares of the company’s stock, valued at $4,521,828.50. This represents a 8.72 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Eric Swider sold 5,000 shares of Trump Media & Technology Group stock in a transaction that occurred on Tuesday, March 11th. The shares were sold at an average price of $19.57, for a total transaction of $97,850.00. Following the completion of the transaction, the director now directly owns 38,989 shares in the company, valued at approximately $763,014.73. This represents a 11.37 % decrease in their position. The disclosure for this sale can be found here. 53.00% of the stock is currently owned by corporate insiders.

About Trump Media & Technology Group

Trump Media & Technology Group Corp. engages in operating social media and in the technology business. Its brands include TRUTH Social, TMTG+ and TMTG News. The company was founded on March 28, 2024 and is headquartered in Sarasota, FL.