Wells Fargo & Company MN Decreases Holdings in Trump Media & Technology Group Corp. (NASDAQ:DJT)

Wells Fargo & Company MN reduced its position in Trump Media & Technology Group Corp. (NASDAQ:DJT) by 11.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,695 shares of the company’s stock after selling 1,475 shares during the period. Wells Fargo & Company MN’s holdings in Trump Media & Technology Group were worth $399,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in Trump Media & Technology Group by 180.3% in the 4th quarter. Vanguard Group Inc. now owns 9,006,919 shares of the company’s stock valued at $307,136,000 after acquiring an additional 5,793,934 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Trump Media & Technology Group by 35.2% during the 4th quarter. Geode Capital Management LLC now owns 1,484,255 shares of the company’s stock worth $50,630,000 after purchasing an additional 386,227 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in Trump Media & Technology Group in the 4th quarter valued at approximately $6,642,000. Charles Schwab Investment Management Inc. lifted its stake in Trump Media & Technology Group by 32.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 788,722 shares of the company’s stock valued at $26,895,000 after buying an additional 193,563 shares in the last quarter. Finally, Swiss National Bank grew its holdings in Trump Media & Technology Group by 41.5% during the 4th quarter. Swiss National Bank now owns 157,500 shares of the company’s stock valued at $5,371,000 after buying an additional 46,200 shares during the last quarter. 4.29% of the stock is owned by institutional investors and hedge funds.

Trump Media & Technology Group Trading Up 3.0 %

Trump Media & Technology Group stock opened at $25.47 on Monday. The company has a current ratio of 45.33, a quick ratio of 47.49 and a debt-to-equity ratio of 0.01. The stock has a 50-day moving average price of $21.33 and a 200 day moving average price of $29.29. Trump Media & Technology Group Corp. has a 52 week low of $11.75 and a 52 week high of $56.55.

Insider Activity at Trump Media & Technology Group

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

Trump Media & Technology Group 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.