Trump Media & Technology Group Corp. (NASDAQ:DJT – Get Free Report)’s share price shot up 6.8% on Friday . The stock traded as high as $38.00 and last traded at $37.33. 10,663,423 shares were traded during mid-day trading, an increase of 5% from the average session volume of 10,195,235 shares. The stock had previously closed at $34.95.
Trump Media & Technology Group Trading Up 12.6 %
The stock’s fifty day moving average price is $20.71 and its 200-day moving average price is $31.59.
Trump Media & Technology Group (NASDAQ:DJT – Get Free Report) last announced its 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.
Insider Transactions at Trump Media & Technology Group
Hedge Funds Weigh In On Trump Media & Technology Group
Several large investors have recently made changes to their positions in the company. Sapient Capital LLC acquired a new position in Trump Media & Technology Group during the third quarter valued at approximately $2,339,000. Busey Bank acquired a new position in shares of Trump Media & Technology Group in the 3rd quarter valued at $727,000. Creative Planning acquired a new position in shares of Trump Media & Technology Group in the 3rd quarter valued at $538,000. Vontobel Holding Ltd. bought a new stake in shares of Trump Media & Technology Group in the 3rd quarter valued at $386,000. Finally, Lincoln Capital Corp acquired a new position in shares of Trump Media & Technology Group in the third quarter valued at approximately $323,000. Institutional investors and hedge funds own 4.29% of the company’s stock.
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.
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