Pictet Asset Management Holding SA Makes New Investment in Trump Media & Technology Group Corp. (NASDAQ:DJT)

Pictet Asset Management Holding SA purchased a new position in Trump Media & Technology Group Corp. (NASDAQ:DJT) in the fourth quarter, Holdings Channel reports. The fund purchased 9,233 shares of the company’s stock, valued at approximately $315,000.

Several other large investors also recently made changes to their positions in DJT. The Manufacturers Life Insurance Company acquired a new stake in Trump Media & Technology Group in the 3rd quarter worth approximately $214,000. FMR LLC bought a new position in shares of Trump Media & Technology Group in the third quarter valued at approximately $150,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Trump Media & Technology Group in the third quarter valued at approximately $1,571,000. Janus Henderson Group PLC acquired a new stake in shares of Trump Media & Technology Group in the third quarter worth $402,000. Finally, State Street Corp bought a new stake in shares of Trump Media & Technology Group during the 3rd quarter worth $11,397,000. Institutional investors own 4.29% of the company’s stock.

Trump Media & Technology Group Trading Down 7.3 %

Shares of DJT opened at $18.79 on Friday. The company has a current ratio of 45.33, a quick ratio of 47.49 and a debt-to-equity ratio of 0.01. Trump Media & Technology Group Corp. has a one year low of $11.75 and a one year high of $56.55. The company’s fifty day moving average price is $23.29 and its 200 day moving average price is $28.95.

Insider Transactions at Trump Media & Technology Group

In other news, Director Eric Swider sold 5,000 shares of the firm’s stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $19.57, for a total value of $97,850.00. Following the sale, the director now owns 38,989 shares in the company, valued at approximately $763,014.73. This trade represents a 11.37 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Phillip Juhan sold 21,059 shares of the company’s stock in a transaction on Monday, March 10th. The shares were sold at an average price of $20.50, for a total transaction of $431,709.50. Following the transaction, the chief financial officer now owns 220,577 shares of the company’s stock, valued at approximately $4,521,828.50. The trade was a 8.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 53.00% of the stock is currently owned by corporate insiders.

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.