Trump Media & Technology Group (NASDAQ:DJT) Shares Gap Up to $16.07

Shares of Trump Media & Technology Group Corp. (NASDAQ:DJT) gapped up prior to trading on Tuesday . The stock had previously closed at $16.07, but opened at $17.23. Trump Media & Technology Group shares last traded at $16.55, with a volume of 3,718,863 shares trading hands.

Trump Media & Technology Group Stock Performance

The firm’s 50-day moving average is $21.50.

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

Insider Buying and Selling at Trump Media & Technology Group

In related news, CTO Vladimir Novachki sold 7,801 shares of the stock in a transaction that occurred on Thursday, August 22nd. The shares were sold at an average price of $22.70, for a total transaction of $177,082.70. Following the completion of the sale, the chief technology officer now owns 37,199 shares of the company’s stock, valued at approximately $844,417.30. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other news, General Counsel Scott Glabe sold 4,083 shares of the company’s stock in a transaction 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 transaction, the general counsel now directly owns 15,917 shares in the company, valued at $361,315.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CTO Vladimir Novachki sold 7,801 shares of Trump Media & Technology Group stock in a transaction on Thursday, August 22nd. The stock was sold at an average price of $22.70, for a total transaction of $177,082.70. Following the sale, the chief technology officer now directly owns 37,199 shares in the company, valued at approximately $844,417.30. 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. Company insiders own 14.80% of the company’s stock.

About Trump Media & Technology Group

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.