Oak Thistle LLC Takes Position in Trump Media & Technology Group Corp. (NASDAQ:DJT)

Oak Thistle LLC acquired a new position in Trump Media & Technology Group Corp. (NASDAQ:DJT) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 28,662 shares of the company’s stock, valued at approximately $977,000.

Other large investors also recently added to or reduced their stakes in the company. CWM LLC purchased a new position in Trump Media & Technology Group in the 3rd quarter valued at approximately $66,000. Moisand Fitzgerald Tamayo LLC bought a new position in shares of Trump Media & Technology Group in the third quarter worth $34,000. Avondale Wealth Management purchased a new position in shares of Trump Media & Technology Group in the third quarter valued at $64,000. Sapient Capital LLC bought a new stake in shares of Trump Media & Technology Group during the 3rd quarter valued at $2,339,000. Finally, Creative Planning purchased a new stake in Trump Media & Technology Group during the 3rd quarter worth about $538,000. Hedge funds and other institutional investors own 4.29% of the company’s stock.

Insider Activity

In other news, Director Eric Swider sold 136,183 shares of the company’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of $28.23, for a total value of $3,844,446.09. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, General Counsel Scott Glabe sold 15,917 shares of Trump Media & Technology Group stock in a transaction on Friday, November 8th. The shares were sold at an average price of $32.19, for a total value of $512,368.23. Following the sale, the general counsel now directly owns 336,576 shares of the company’s stock, valued at $10,834,381.44. This represents a 4.52 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 536,100 shares of company stock worth $16,274,894. 14.80% of the stock is owned by company insiders.

Trump Media & Technology Group Trading Up 3.8 %

Shares of NASDAQ DJT opened at $40.83 on Thursday. The business has a 50-day simple moving average of $33.81 and a two-hundred day simple moving average of $28.62. Trump Media & Technology Group Corp. has a 52 week low of $11.75 and a 52 week high of $79.38. The company has a debt-to-equity ratio of 0.01, a quick ratio of 47.49 and a current ratio of 47.49.

Trump Media & Technology Group Company Profile

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.