Invesco Ltd. Has $17.48 Million Holdings in Trump Media & Technology Group Corp. (NASDAQ:DJT)

Invesco Ltd. lifted its holdings in shares of Trump Media & Technology Group Corp. (NASDAQ:DJT) by 785.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 512,613 shares of the company’s stock after buying an additional 454,699 shares during the quarter. Invesco Ltd. owned about 0.24% of Trump Media & Technology Group worth $17,480,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of DJT. Trek Financial LLC bought a new position in Trump Media & Technology Group during the 4th quarter worth about $320,000. Russell Investments Group Ltd. grew its holdings in shares of Trump Media & Technology Group by 85.1% during the fourth quarter. Russell Investments Group Ltd. now owns 1,220 shares of the company’s stock worth $42,000 after buying an additional 561 shares in the last quarter. Headlands Technologies LLC bought a new position in shares of Trump Media & Technology Group during the fourth quarter worth about $135,000. Geode Capital Management LLC raised its position in Trump Media & Technology Group by 35.2% in the 4th quarter. Geode Capital Management LLC now owns 1,484,255 shares of the company’s stock valued at $50,630,000 after buying an additional 386,227 shares during the last quarter. Finally, Alliancebernstein L.P. boosted its position in Trump Media & Technology Group by 20.1% during the 4th quarter. Alliancebernstein L.P. now owns 29,286 shares of the company’s stock worth $999,000 after acquiring an additional 4,896 shares during the last quarter. 4.29% of the stock is owned by institutional investors.

Insider Activity at Trump Media & Technology Group

In other news, CFO Phillip Juhan sold 21,059 shares of the company’s stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $20.50, for a total transaction of $431,709.50. Following the completion of the sale, the chief financial officer now owns 220,577 shares of the company’s stock, valued at approximately $4,521,828.50. This represents a 8.72 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Eric Swider sold 5,000 shares of the company’s stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $19.57, for a total value of $97,850.00. Following the sale, the director now owns 38,989 shares of the company’s stock, valued at approximately $763,014.73. This represents a 11.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 53.00% of the stock is owned by company insiders.

Trump Media & Technology Group Stock Up 11.7 %

Shares of NASDAQ DJT opened at $22.04 on Monday. Trump Media & Technology Group Corp. has a 52 week low of $11.75 and a 52 week high of $56.55. The stock has a 50 day moving average price of $22.00 and a 200 day moving average price of $29.25. The company has a debt-to-equity ratio of 0.01, a current ratio of 45.33 and a quick ratio of 47.49.

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.