Trump Media & Technology Group (NASDAQ:DJT) Stock Price Down 4.4%

Trump Media & Technology Group Corp. (NASDAQ:DJT) shares fell 4.4% during mid-day trading on Wednesday . The company traded as low as $15.43 and last traded at $15.45. 2,862,106 shares traded hands during mid-day trading, a decline of 61% from the average session volume of 7,426,577 shares. The stock had previously closed at $16.16.

Trump Media & Technology Group Stock Performance

The business’s 50 day moving average is $21.17.

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

Insider Transactions at Trump Media & Technology Group

In related news, CEO Devin G. Nunes sold 27,846 shares of the company’s stock in a transaction dated 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 directly owns 87,154 shares of the company’s stock, valued at approximately $1,978,395.80. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, CEO Devin G. Nunes sold 27,846 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 $632,104.20. Following the completion of the sale, the chief executive officer now owns 87,154 shares in the company, valued at approximately $1,978,395.80. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, COO Andrew Northwall sold 3,467 shares of the stock in a transaction on Thursday, August 22nd. The stock was sold at an average price of $22.70, for a total transaction of $78,700.90. Following the sale, the chief operating officer now owns 16,533 shares of the company’s stock, valued at approximately $375,299.10. The disclosure for this sale can be found here. Over the last 90 days, 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.