Asset One Wealth Management LLC Acquires Shares of 153,808 Trump Media & Technology Group Corp. $DJT

Asset One Wealth Management LLC acquired a new stake in Trump Media & Technology Group Corp. (NASDAQ:DJT) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 153,808 shares of the company’s stock, valued at approximately $1,895,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of DJT. Vanguard Group Inc. lifted its position in Trump Media & Technology Group by 53.1% in the third quarter. Vanguard Group Inc. now owns 14,834,151 shares of the company’s stock valued at $243,577,000 after purchasing an additional 5,143,195 shares during the last quarter. Clear Street Group Inc. lifted its position in Trump Media & Technology Group by 323,356.9% in the fourth quarter. Clear Street Group Inc. now owns 1,297,062 shares of the company’s stock valued at $17,173,000 after purchasing an additional 1,296,661 shares during the last quarter. Quinn Opportunity Partners LLC bought a new stake in Trump Media & Technology Group in the fourth quarter valued at approximately $11,466,000. Man Group plc lifted its position in Trump Media & Technology Group by 1,775.2% in the third quarter. Man Group plc now owns 703,970 shares of the company’s stock valued at $11,559,000 after purchasing an additional 666,429 shares during the last quarter. Finally, State Street Corp lifted its position in Trump Media & Technology Group by 22.7% in the fourth quarter. State Street Corp now owns 2,962,844 shares of the company’s stock valued at $39,228,000 after purchasing an additional 547,488 shares during the last quarter. Institutional investors own 4.29% of the company’s stock.

Trump Media & Technology Group Stock Performance

DJT opened at $8.10 on Thursday. Trump Media & Technology Group Corp. has a 52-week low of $7.75 and a 52-week high of $20.92. The stock has a market capitalization of $2.24 billion, a PE ratio of -1.97 and a beta of 4.06. The stock’s 50 day moving average price is $8.91 and its 200-day moving average price is $10.68.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Trump Media & Technology Group in a research report on Monday, May 4th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of “Sell”.

Trump Media & Technology Group Company Profile

Trump Media & Technology Group (NASDAQ: DJT) is a U.S.-based digital media and technology company focused on social networking and content distribution. The firm’s flagship offering, Truth Social, is designed as an alternative social media platform with features for user-generated posts, direct messaging and community engagement. In addition to its core social network, TMTG has signaled plans for a subscription-based streaming service and other digital content ventures under the TMTG+ brand, aiming to expand its multimedia footprint.

Founded in October 2021 by former President Donald J.