Strategic Financial Concepts LLC Makes New $730,000 Investment in Trump Media & Technology Group Corp. (NASDAQ:DJT)

Strategic Financial Concepts LLC acquired a new stake in Trump Media & Technology Group Corp. (NASDAQ:DJT) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 21,395 shares of the company’s stock, valued at approximately $730,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Charles Schwab Investment Management Inc. purchased a new stake in Trump Media & Technology Group during the third quarter valued at about $9,564,000. Lincoln Capital Corp purchased a new stake in Trump Media & Technology Group during the third quarter valued at about $323,000. The Manufacturers Life Insurance Company purchased a new stake in Trump Media & Technology Group during the third quarter valued at about $214,000. Greenwich Wealth Management LLC purchased a new stake in Trump Media & Technology Group during the third quarter valued at about $10,946,000. Finally, Public Employees Retirement System of Ohio purchased a new stake in Trump Media & Technology Group during the third quarter valued at about $336,000. Hedge funds and other institutional investors own 4.29% of the company’s stock.

Trump Media & Technology Group Stock Performance

DJT stock opened at $30.34 on Wednesday. The stock has a 50-day moving average price of $34.92 and a two-hundred day moving average price of $28.74. Trump Media & Technology Group Corp. has a 12-month low of $11.75 and a 12-month 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.

Trump Media & Technology Group Company Profile

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.