Larson Financial Group LLC Takes Position in Trump Media & Technology Group Corp. (NASDAQ:DJT)

Larson Financial Group LLC bought a new position in shares of Trump Media & Technology Group Corp. (NASDAQ:DJT) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,837 shares of the company’s stock, valued at approximately $30,000.

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

Insider Transactions at Trump Media & Technology Group

In other news, Director Eric Swider sold 136,183 shares of the firm’s stock in a transaction on Friday, November 8th. The stock was sold at an average price of $28.23, for a total value of $3,844,446.09. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, General Counsel Scott Glabe sold 15,917 shares of Trump Media & Technology Group stock in a transaction on Friday, November 8th. The stock was sold at an average price of $32.19, for a total value of $512,368.23. Following the sale, the general counsel now directly owns 336,576 shares of the company’s stock, valued at approximately $10,834,381.44. This trade represents a 4.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 536,100 shares of company stock worth $16,274,894 in the last quarter. 14.80% of the stock is owned by company insiders.

Trump Media & Technology Group Stock Up 3.8 %

DJT stock opened at $31.60 on Friday. 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. The firm has a 50 day simple moving average of $28.12 and a 200 day simple moving average of $30.17.

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.