Shares of Trump Media & Technology Group Corp. (NASDAQ:DJT – Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $31.30, but opened at $32.08. Trump Media & Technology Group shares last traded at $32.93, with a volume of 15,940,885 shares.
Trump Media & Technology Group Trading Up 7.7 %
The firm has a fifty day moving average price of $20.03 and a 200 day moving average price of $31.58.
Trump Media & Technology Group (NASDAQ:DJT – Get Free Report) last released its quarterly earnings results on Friday, August 9th. The company reported ($0.10) EPS for the quarter. The business had revenue of $0.84 million during the quarter.
Insider Buying and Selling
Institutional Investors Weigh In On Trump Media & Technology Group
Several hedge funds and other institutional investors have recently added to or reduced their stakes in DJT. Sapient Capital LLC acquired a new position in shares of Trump Media & Technology Group in the 3rd quarter valued at about $2,339,000. Avondale Wealth Management acquired a new position in Trump Media & Technology Group in the third quarter valued at approximately $64,000. Moisand Fitzgerald Tamayo LLC acquired a new position in Trump Media & Technology Group in the third quarter valued at approximately $34,000. Private Advisor Group LLC purchased a new stake in Trump Media & Technology Group in the 3rd quarter worth approximately $263,000. Finally, Creative Planning acquired a new stake in shares of Trump Media & Technology Group during the 3rd quarter worth approximately $538,000. 4.29% of the stock is owned by institutional investors and hedge funds.
About Trump Media & Technology Group
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.
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