Bank of New York Mellon Corp Purchases 25,685 Shares of Trump Media & Technology Group Corp. (NASDAQ:DJT)

Bank of New York Mellon Corp boosted its position in shares of Trump Media & Technology Group Corp. (NASDAQ:DJT) by 15.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 194,374 shares of the company’s stock after purchasing an additional 25,685 shares during the quarter. Bank of New York Mellon Corp’s holdings in Trump Media & Technology Group were worth $6,628,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. acquired a new position in shares of Trump Media & Technology Group during the 3rd quarter worth about $9,564,000. The Manufacturers Life Insurance Company acquired a new position in shares of Trump Media & Technology Group during the 3rd quarter worth about $214,000. Public Employees Retirement System of Ohio acquired a new position in shares of Trump Media & Technology Group during the 3rd quarter worth about $336,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of Trump Media & Technology Group during the 3rd quarter worth about $1,571,000. Finally, New York State Common Retirement Fund grew its position in shares of Trump Media & Technology Group by 80.8% during the 4th quarter. New York State Common Retirement Fund now owns 38,700 shares of the company’s stock worth $1,320,000 after buying an additional 17,300 shares during the period. 4.29% of the stock is owned by institutional investors.

Trump Media & Technology Group Stock Up 5.4 %

Trump Media & Technology Group stock opened at $20.21 on Monday. Trump Media & Technology Group Corp. has a 1 year low of $11.75 and a 1 year high of $79.38. The business has a 50-day moving average of $29.90 and a 200-day moving average of $28.70. The company has a debt-to-equity ratio of 0.01, a quick ratio of 47.49 and a current ratio of 45.33.

Insider Transactions at Trump Media & Technology Group

In related news, CFO Phillip Juhan sold 21,059 shares of the business’s stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $20.50, for a total value of $431,709.50. Following the completion of the transaction, the chief financial officer now directly owns 220,577 shares in the company, valued at approximately $4,521,828.50. The trade was a 8.72 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Eric Swider sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 11th. The shares were sold at an average price of $19.57, for a total value of $97,850.00. Following the completion of the transaction, the director now owns 38,989 shares of the company’s stock, valued at $763,014.73. This represents a 11.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 14.80% of the company’s stock.

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.