Shares of Trump Media & Technology Group Corp. (NASDAQ:DJT – Get Free Report) saw unusually-strong trading volume on Monday . Approximately 5,992,532 shares changed hands during mid-day trading, a decline of 37% from the previous session’s volume of 9,449,322 shares.The stock last traded at $30.72 and had previously closed at $29.58.
Trump Media & Technology Group Stock Up 9.9 %
The firm’s 50 day moving average is $20.24 and its two-hundred day moving average is $31.53.
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 Activity at Trump Media & Technology Group
Institutional Trading of Trump Media & Technology Group
Large investors have recently modified their holdings of the stock. Moisand Fitzgerald Tamayo LLC bought a new position in Trump Media & Technology Group during the third quarter worth $34,000. Avondale Wealth Management acquired a new position in shares of Trump Media & Technology Group during the third quarter valued at about $64,000. CWM LLC bought a new position in shares of Trump Media & Technology Group during the 3rd quarter worth about $66,000. Blue Trust Inc. acquired a new stake in shares of Trump Media & Technology Group in the 3rd quarter valued at about $83,000. Finally, International Assets Investment Management LLC bought a new stake in Trump Media & Technology Group in the 3rd quarter valued at about $170,000. Institutional investors and hedge funds own 4.29% of the company’s stock.
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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