Trump Media & Technology Group (NASDAQ:DJT) Trading 4.3% Higher

Shares of Trump Media & Technology Group Corp. (NASDAQ:DJT) shot up 4.3% on Thursday . The stock traded as high as $20.99 and last traded at $20.97. 860,602 shares traded hands during mid-day trading, a decline of 87% from the average session volume of 6,554,821 shares. The stock had previously closed at $20.10.

Trump Media & Technology Group Stock Performance

The company’s 50 day simple moving average is $28.86.

Trump Media & Technology Group (NASDAQ:DJT) last posted its quarterly earnings data on Friday, August 9th. The company reported ($0.10) earnings per share for the quarter. The business had revenue of $0.84 million for the quarter.

Insider Activity at Trump Media & Technology Group

In other Trump Media & Technology Group news, CFO Phillip Juhan sold 84,941 shares of Trump Media & Technology Group stock in a transaction that occurred on Thursday, August 22nd. The stock was sold at an average price of $22.70, for a total transaction of $1,928,160.70. Following the sale, the chief financial officer now directly owns 405,059 shares in the company, valued at approximately $9,194,839.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other Trump Media & Technology Group news, CFO Phillip Juhan sold 84,941 shares of the stock in a transaction that occurred on Thursday, August 22nd. The stock was sold at an average price of $22.70, for a total transaction of $1,928,160.70. Following the transaction, the chief financial officer now owns 405,059 shares of the company’s stock, valued at approximately $9,194,839.30. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, General Counsel Scott Glabe sold 4,083 shares of the business’s stock in a transaction that occurred on Thursday, August 22nd. The shares were sold at an average price of $22.70, for a total value of $92,684.10. Following the completion of the sale, the general counsel now owns 15,917 shares of the company’s stock, valued at $361,315.90. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 128,138 shares of company stock valued at $2,908,733. Insiders own 14.80% of the company’s stock.

Trump Media & Technology Group Company Profile

Trump Media & Technology Group Corp. develops a social media platform known as Truth Social that offers social networking services in the United States. The company was founded in 2021 and is based in Sarasota, Florida.