Headlands Technologies LLC Invests $135,000 in Trump Media & Technology Group Corp. (NASDAQ:DJT)

Headlands Technologies LLC bought a new stake in Trump Media & Technology Group Corp. (NASDAQ:DJT) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,954 shares of the company’s stock, valued at approximately $135,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Geode Capital Management LLC boosted its stake in shares of Trump Media & Technology Group by 35.2% in the 4th quarter. Geode Capital Management LLC now owns 1,484,255 shares of the company’s stock valued at $50,630,000 after purchasing an additional 386,227 shares during the last quarter. Alliancebernstein L.P. lifted its holdings in Trump Media & Technology Group by 20.1% in the fourth quarter. Alliancebernstein L.P. now owns 29,286 shares of the company’s stock valued at $999,000 after buying an additional 4,896 shares during the period. Wellington Management Group LLP bought a new stake in Trump Media & Technology Group during the fourth quarter valued at $1,498,000. Pictet Asset Management Holding SA acquired a new stake in Trump Media & Technology Group during the 4th quarter worth about $315,000. Finally, JPMorgan Chase & Co. lifted its stake in shares of Trump Media & Technology Group by 46.0% in the 4th quarter. JPMorgan Chase & Co. now owns 64,452 shares of the company’s stock valued at $2,198,000 after purchasing an additional 20,292 shares during the period. Institutional investors and hedge funds own 4.29% of the company’s stock.

Trump Media & Technology Group Stock Performance

NASDAQ DJT opened at $17.09 on Friday. Trump Media & Technology Group Corp. has a one year low of $11.75 and a one year high of $56.55. The company has a quick ratio of 47.49, a current ratio of 45.33 and a debt-to-equity ratio of 0.01. The business has a 50 day simple moving average of $24.81 and a 200 day simple moving average of $28.86.

Insiders Place Their Bets

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

Trump Media & Technology Group Profile

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.