Trump Media & Technology Group Corp. (NASDAQ:DJT) General Counsel Sells $512,368.23 in Stock

Trump Media & Technology Group Corp. (NASDAQ:DJTGet Free Report) General Counsel Scott Glabe sold 15,917 shares of the business’s stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $32.19, for a total value of $512,368.23. Following the completion of the transaction, the general counsel now directly owns 336,576 shares in the company, valued at $10,834,381.44. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Scott Glabe also recently made the following trade(s):

  • On Thursday, August 22nd, Scott Glabe sold 4,083 shares of Trump Media & Technology Group stock. The shares were sold at an average price of $22.70, for a total transaction of $92,684.10.

Trump Media & Technology Group Stock Performance

Shares of Trump Media & Technology Group stock traded down $2.94 on Tuesday, hitting $30.47. 28,268,610 shares of the company traded hands, compared to its average volume of 15,796,823. The firm’s 50-day simple moving average is $24.36 and its 200 day simple moving average is $31.89. The company has a debt-to-equity ratio of 0.01, a quick ratio of 24.73 and a current ratio of 47.49. Trump Media & Technology Group Corp. has a 12-month low of $11.75 and a 12-month high of $79.38.

Trump Media & Technology Group (NASDAQ:DJTGet Free Report) last posted its quarterly earnings results on Friday, August 9th. The company reported ($0.10) earnings per share (EPS) for the quarter. The business had revenue of $0.84 million for the quarter.

Institutional Investors Weigh In On Trump Media & Technology Group

Hedge funds have recently added to or reduced their stakes in the stock. Rakuten Securities Inc. bought a new stake in shares of Trump Media & Technology Group in the third quarter worth about $27,000. Larson Financial Group LLC purchased a new stake in shares of Trump Media & Technology Group in the third quarter worth approximately $30,000. Moisand Fitzgerald Tamayo LLC purchased a new stake in shares of Trump Media & Technology Group in the third quarter worth approximately $34,000. Allworth Financial LP purchased a new stake in shares of Trump Media & Technology Group in the third quarter worth approximately $48,000. Finally, Archer Investment Corp bought a new position in shares of Trump Media & Technology Group in the third quarter valued at approximately $48,000. 4.29% of the stock is currently owned by institutional investors.

About Trump Media & Technology Group

(Get Free Report)

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.

See Also

Insider Buying and Selling by Quarter for Trump Media & Technology Group (NASDAQ:DJT)

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