Trump Media & Technology Group Corp. (NASDAQ:DJT) Shares Sold by Toronto Dominion Bank

Toronto Dominion Bank decreased its holdings in shares of Trump Media & Technology Group Corp. (NASDAQ:DJT) by 48.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 68,725 shares of the company’s stock after selling 64,808 shares during the period. Toronto Dominion Bank’s holdings in Trump Media & Technology Group were worth $2,344,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. PNC Financial Services Group Inc. raised its stake in Trump Media & Technology Group by 10.1% during the 4th quarter. PNC Financial Services Group Inc. now owns 3,918 shares of the company’s stock valued at $134,000 after acquiring an additional 361 shares during the last quarter. Allworth Financial LP raised its stake in shares of Trump Media & Technology Group by 13.6% during the fourth quarter. Allworth Financial LP now owns 3,385 shares of the company’s stock worth $114,000 after purchasing an additional 406 shares during the last quarter. Harbour Investments Inc. lifted its holdings in shares of Trump Media & Technology Group by 30.3% during the fourth quarter. Harbour Investments Inc. now owns 1,909 shares of the company’s stock worth $65,000 after purchasing an additional 444 shares during the period. Amalgamated Bank lifted its holdings in shares of Trump Media & Technology Group by 15.2% during the fourth quarter. Amalgamated Bank now owns 4,170 shares of the company’s stock worth $142,000 after purchasing an additional 550 shares during the period. Finally, Russell Investments Group Ltd. grew its position in Trump Media & Technology Group by 85.1% in the 4th quarter. Russell Investments Group Ltd. now owns 1,220 shares of the company’s stock valued at $42,000 after buying an additional 561 shares during the last quarter. Institutional investors and hedge funds own 4.29% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded shares of Trump Media & Technology Group from a “strong sell” rating to a “hold” rating in a research report on Thursday.

Trump Media & Technology Group Stock Up 0.4%

NASDAQ DJT opened at $24.58 on Friday. Trump Media & Technology Group Corp. has a 52-week low of $11.75 and a 52-week high of $54.68. The firm has a 50-day moving average price of $22.24 and a 200 day moving average price of $28.23. The company has a debt-to-equity ratio of 0.01, a current ratio of 45.33 and a quick ratio of 47.49.

Trump Media & Technology Group (NASDAQ:DJT) last posted its quarterly earnings results on Friday, May 9th. The company reported ($0.14) EPS for the quarter. Trump Media & Technology Group had a negative net margin of 11,076.68% and a negative return on equity of 70.26%. The business had revenue of $821.20 million during the quarter.

Insiders Place Their Bets

In other news, Director Eric Swider sold 5,000 shares of the stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $19.57, for a total value of $97,850.00. Following the completion of the transaction, the director now owns 38,989 shares in the company, valued at $763,014.73. This trade represents a 11.37% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Phillip Juhan sold 21,059 shares of the business’s stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $20.50, for a total transaction of $431,709.50. Following the sale, the chief financial officer now directly owns 220,577 shares in the company, valued at approximately $4,521,828.50. This represents a 8.72% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 209,365 shares of company stock worth $5,410,300. Corporate insiders own 53.00% of the company’s stock.

Trump Media & Technology Group Profile

Trump Media & Technology Group Corp. engages in operating social media and in the technology business. Its brands include TRUTH Social, TMTG+ and TMTG News. The company was founded on March 28, 2024 and is headquartered in Sarasota, FL.