Creative Planning Takes Position in Trump Media & Technology Group Corp. (NASDAQ:DJT)

Creative Planning bought a new stake in Trump Media & Technology Group Corp. (NASDAQ:DJT) during the 3rd quarter, Holdings Channel reports. The fund bought 33,452 shares of the company’s stock, valued at approximately $538,000.

Several other hedge funds also recently modified their holdings of DJT. Sapient Capital LLC bought a new position in Trump Media & Technology Group during the 3rd quarter worth approximately $2,339,000. Avondale Wealth Management bought a new position in Trump Media & Technology Group during the 3rd quarter worth approximately $64,000. Moisand Fitzgerald Tamayo LLC bought a new position in Trump Media & Technology Group during the 3rd quarter worth approximately $34,000. Finally, CWM LLC bought a new position in Trump Media & Technology Group during the 3rd quarter worth approximately $66,000. Institutional investors own 4.29% of the company’s stock.

Trump Media & Technology Group Price Performance

Trump Media & Technology Group stock opened at $33.94 on Wednesday. The company’s 50 day simple moving average is $23.36 and its 200 day simple moving average is $31.98. Trump Media & Technology Group Corp. has a fifty-two week low of $11.75 and a fifty-two week high of $79.38.

Trump Media & Technology Group (NASDAQ:DJT) last released its quarterly earnings data on Friday, August 9th. The company reported ($0.10) earnings per share for the quarter. The company had revenue of $0.84 million for the quarter.

Insiders Place Their Bets

In other Trump Media & Technology Group news, CTO Vladimir Novachki sold 7,801 shares of the firm’s stock in a transaction that occurred on Thursday, August 22nd. The shares were sold at an average price of $22.70, for a total transaction of $177,082.70. Following the sale, the chief technology officer now directly owns 37,199 shares in the company, valued at approximately $844,417.30. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. In other Trump Media & Technology Group news, CTO Vladimir Novachki sold 7,801 shares of the firm’s stock in a transaction that occurred on Thursday, August 22nd. The shares were sold at an average price of $22.70, for a total transaction of $177,082.70. Following the sale, the chief technology officer now directly owns 37,199 shares in the company, valued at approximately $844,417.30. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, General Counsel Scott Glabe sold 4,083 shares of the firm’s stock in a transaction that occurred on Thursday, August 22nd. The stock was sold at an average price of $22.70, for a total transaction of $92,684.10. Following the sale, the general counsel now owns 15,917 shares in the company, valued at $361,315.90. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 128,138 shares of company stock worth $2,908,733. Company insiders own 14.80% of the company’s stock.

Trump Media & Technology Group 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.