Raymond James Financial Inc. Acquires Shares of 27,864 Trump Media & Technology Group Corp. (NASDAQ:DJT)

Raymond James Financial Inc. bought a new position in Trump Media & Technology Group Corp. (NASDAQ:DJT) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 27,864 shares of the company’s stock, valued at approximately $950,000.

A number of other hedge funds also recently made changes to their positions in DJT. Tsfg LLC purchased a new position in Trump Media & Technology Group during the 4th quarter valued at approximately $31,000. Wilmington Savings Fund Society FSB bought a new position in shares of Trump Media & Technology Group during the 4th quarter valued at approximately $34,000. AlphaQuest LLC grew its holdings 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 valued at $40,000 after purchasing an additional 681 shares in the last quarter. Russell Investments Group Ltd. increased its position in Trump Media & Technology Group by 85.1% in the fourth quarter. Russell Investments Group Ltd. now owns 1,220 shares of the company’s stock worth $42,000 after purchasing an additional 561 shares during the last quarter. Finally, Independence Bank of Kentucky raised its stake in Trump Media & Technology Group by 245.8% during the fourth quarter. Independence Bank of Kentucky now owns 1,383 shares of the company’s stock valued at $47,000 after purchasing an additional 983 shares in the last quarter. 4.29% of the stock is currently owned by hedge funds and other institutional investors.

Trump Media & Technology Group Stock Performance

DJT stock opened at $24.26 on Tuesday. The company has a fifty day simple moving average of $21.32 and a two-hundred day simple moving average of $29.25. Trump Media & Technology Group Corp. has a 52 week low of $11.75 and a 52 week high of $56.55. The company has a current ratio of 45.33, a quick ratio of 47.49 and a debt-to-equity ratio of 0.01.

Insider Activity at Trump Media & Technology Group

In other Trump Media & Technology Group news, CFO Phillip Juhan sold 21,059 shares of Trump Media & Technology Group stock in a transaction 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 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Eric Swider sold 5,000 shares of the stock in a transaction 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 completion of the sale, the director now directly owns 38,989 shares in the company, valued at approximately $763,014.73. This represents a 11.37 % decrease in their position. The disclosure for this sale can be found here. 53.00% of the stock is owned by insiders.

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.