Geode Capital Management LLC Buys 386,227 Shares of Trump Media & Technology Group Corp. (NASDAQ:DJT)

Geode Capital Management LLC grew its position in Trump Media & Technology Group Corp. (NASDAQ:DJT) by 35.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,484,255 shares of the company’s stock after purchasing an additional 386,227 shares during the quarter. Geode Capital Management LLC owned about 0.68% of Trump Media & Technology Group worth $50,630,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in DJT. Tsfg LLC acquired a new position in Trump Media & Technology Group during the fourth quarter valued at approximately $31,000. Wilmington Savings Fund Society FSB acquired a new stake in Trump Media & Technology Group during the 4th quarter worth approximately $34,000. AlphaQuest LLC grew its stake in shares of Trump Media & Technology Group by 140.7% in the fourth quarter. AlphaQuest LLC now owns 1,165 shares of the company’s stock worth $40,000 after purchasing an additional 681 shares during the last quarter. Independence Bank of Kentucky grew its position in shares of Trump Media & Technology Group by 245.8% in the 4th quarter. Independence Bank of Kentucky now owns 1,383 shares of the company’s stock valued at $47,000 after buying an additional 983 shares during the last quarter. Finally, Geneos Wealth Management Inc. acquired a new stake in Trump Media & Technology Group during the 4th quarter valued at approximately $57,000. Institutional investors own 4.29% of the company’s stock.

Trump Media & Technology Group Stock Up 0.5 %

NASDAQ:DJT opened at $18.89 on Monday. Trump Media & Technology Group Corp. has a 1 year low of $11.75 and a 1 year high of $56.55. The business has a fifty day simple moving average of $23.05 and a two-hundred day simple moving average of $29.08. The company has a debt-to-equity ratio of 0.01, a current ratio of 45.33 and a quick ratio of 47.49.

Insider Buying and Selling at Trump Media & Technology Group

In other Trump Media & Technology Group news, Director Eric Swider sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $19.57, for a total transaction 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 position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Phillip Juhan sold 21,059 shares of the stock in a transaction on Monday, March 10th. The shares were sold at an average price of $20.50, for a total value of $431,709.50. Following the sale, the chief financial officer now owns 220,577 shares in the company, valued at $4,521,828.50. The trade was a 8.72 % decrease in their position. The disclosure for this sale can be found here. Insiders own 53.00% of the company’s stock.

Trump Media & Technology Group Company Profile

Trump Media & Technology Group Corp. engages in operating social media and in the technology business. Its brands include TRUTH Social, TMTG+ and TMTG News. The company was founded on March 28, 2024 and is headquartered in Sarasota, FL.