International Assets Investment Management LLC Takes Position in Trump Media & Technology Group Corp. (NASDAQ:DJT)

International Assets Investment Management LLC acquired a new position in shares of Trump Media & Technology Group Corp. (NASDAQ:DJT) during the third quarter, HoldingsChannel reports. The firm acquired 10,606 shares of the company’s stock, valued at approximately $170,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. CWM LLC bought a new position in shares of Trump Media & Technology Group during the third quarter worth about $66,000. Moisand Fitzgerald Tamayo LLC acquired a new position in Trump Media & Technology Group during the 3rd quarter worth approximately $34,000. Avondale Wealth Management acquired a new position in Trump Media & Technology Group during the 3rd quarter worth approximately $64,000. Sapient Capital LLC bought a new position in shares of Trump Media & Technology Group during the 3rd quarter worth approximately $2,339,000. Finally, Creative Planning acquired a new stake in shares of Trump Media & Technology Group in the third quarter valued at approximately $538,000. 4.29% of the stock is currently owned by institutional investors and hedge funds.

Trump Media & Technology Group Price Performance

Shares of DJT stock opened at $35.96 on Thursday. Trump Media & Technology Group Corp. has a 12 month low of $11.75 and a 12 month high of $79.38. The company’s fifty day simple moving average is $23.36 and its 200-day simple moving average is $31.98.

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

Insider Buying and Selling

In other news, CEO Devin G. Nunes sold 27,846 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 value of $632,104.20. Following the completion of the sale, the chief executive officer now owns 87,154 shares of the company’s stock, valued at approximately $1,978,395.80. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other news, CEO Devin G. Nunes sold 27,846 shares of the company’s stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of $22.70, for a total value of $632,104.20. Following the sale, the chief executive officer now directly owns 87,154 shares of the company’s stock, valued at approximately $1,978,395.80. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Phillip Juhan sold 84,941 shares of the firm’s stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of $22.70, for a total transaction of $1,928,160.70. Following the completion of the sale, the chief financial officer now owns 405,059 shares of the company’s stock, valued at $9,194,839.30. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 128,138 shares of company stock worth $2,908,733. Corporate 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.