Clear Street Group Inc. Boosts Holdings in Trump Media & Technology Group Corp. $DJT

Clear Street Group Inc. raised its stake in Trump Media & Technology Group Corp. (NASDAQ:DJT) by 323,356.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,297,062 shares of the company’s stock after buying an additional 1,296,661 shares during the period. Clear Street Group Inc. owned about 0.46% of Trump Media & Technology Group worth $17,173,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in DJT. Vanguard Group Inc. grew its holdings in shares of Trump Media & Technology Group by 53.1% during the 3rd quarter. Vanguard Group Inc. now owns 14,834,151 shares of the company’s stock valued at $243,577,000 after purchasing an additional 5,143,195 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in Trump Media & Technology Group by 114,382.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 507,159 shares of the company’s stock valued at $6,715,000 after buying an additional 506,716 shares during the period. Yorkville Advisors Global LP boosted its position in Trump Media & Technology Group by 7.6% during the 4th quarter. Yorkville Advisors Global LP now owns 6,641,944 shares of the company’s stock valued at $87,939,000 after buying an additional 471,881 shares during the period. Hohimer Wealth Management LLC purchased a new stake in shares of Trump Media & Technology Group in the 3rd quarter worth about $1,252,000. Finally, Murchinson Ltd. purchased a new stake in shares of Trump Media & Technology Group in the 2nd quarter worth about $2,706,000. Institutional investors own 4.29% of the company’s stock.

Trump Media & Technology Group Trading Down 5.5%

Shares of NASDAQ DJT opened at $7.80 on Friday. The firm has a 50 day moving average of $8.97 and a 200 day moving average of $10.74. The firm has a market capitalization of $2.16 billion, a price-to-earnings ratio of -1.89 and a beta of 4.06. Trump Media & Technology Group Corp. has a 12-month low of $7.75 and a 12-month high of $20.92.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Trump Media & Technology Group in a research report on Monday, May 4th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Trump Media & Technology Group has an average rating of “Sell”.

Trump Media & Technology Group Profile

Trump Media & Technology Group (NASDAQ: DJT) is a U.S.-based digital media and technology company focused on social networking and content distribution. The firm’s flagship offering, Truth Social, is designed as an alternative social media platform with features for user-generated posts, direct messaging and community engagement. In addition to its core social network, TMTG has signaled plans for a subscription-based streaming service and other digital content ventures under the TMTG+ brand, aiming to expand its multimedia footprint.

Founded in October 2021 by former President Donald J.