Eric Swider Sells 5,000 Shares of Trump Media & Technology Group Corp. (NASDAQ:DJT) Stock

Trump Media & Technology Group Corp. (NASDAQ:DJT) Director Eric Swider sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 11th. The stock was 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 $763,014.73. This trade represents a 11.37 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Trump Media & Technology Group Stock Performance

Shares of NASDAQ DJT opened at $20.07 on Thursday. The company has a 50 day simple moving average of $30.49 and a 200-day simple moving average of $28.67. The company has a debt-to-equity ratio of 0.01, a quick ratio of 47.49 and a current ratio of 45.33. Trump Media & Technology Group Corp. has a 1 year low of $11.75 and a 1 year high of $79.38.

Institutional Trading of Trump Media & Technology Group

Hedge funds and other institutional investors have recently made changes to their positions in the company. Charles Schwab Investment Management Inc. acquired a new stake in shares of Trump Media & Technology Group during the 3rd quarter worth approximately $9,564,000. The Manufacturers Life Insurance Company acquired a new stake in Trump Media & Technology Group in the 3rd quarter valued at approximately $214,000. Public Employees Retirement System of Ohio acquired a new position in shares of Trump Media & Technology Group in the third quarter worth $336,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of Trump Media & Technology Group in the third quarter worth $1,571,000. Finally, New York State Common Retirement Fund grew its stake in shares of Trump Media & Technology Group by 80.8% in the fourth quarter. New York State Common Retirement Fund now owns 38,700 shares of the company’s stock worth $1,320,000 after acquiring an additional 17,300 shares in the last quarter. Institutional investors and hedge funds own 4.29% of the company’s stock.

About Trump Media & Technology Group

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.