Trump Media & Technology Group Corp. $DJT Shares Acquired by Capstone Financial Advisors Inc.

Capstone Financial Advisors Inc. increased its holdings in Trump Media & Technology Group Corp. (NASDAQ:DJT) by 14.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 77,500 shares of the company’s stock after acquiring an additional 9,900 shares during the quarter. Capstone Financial Advisors Inc.’s holdings in Trump Media & Technology Group were worth $1,398,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of DJT. Teacher Retirement System of Texas purchased a new position in Trump Media & Technology Group during the 1st quarter worth $247,000. Bank of New York Mellon Corp boosted its stake in shares of Trump Media & Technology Group by 19.2% during the first quarter. Bank of New York Mellon Corp now owns 231,726 shares of the company’s stock worth $4,528,000 after buying an additional 37,352 shares during the period. Arizona State Retirement System grew its holdings in shares of Trump Media & Technology Group by 7.1% during the first quarter. Arizona State Retirement System now owns 24,868 shares of the company’s stock worth $486,000 after buying an additional 1,655 shares during the last quarter. CWM LLC grew its holdings in shares of Trump Media & Technology Group by 64.7% during the first quarter. CWM LLC now owns 9,766 shares of the company’s stock worth $191,000 after buying an additional 3,836 shares during the last quarter. Finally, Fountainhead AM LLC increased its position in Trump Media & Technology Group by 111.6% in the 1st quarter. Fountainhead AM LLC now owns 13,759 shares of the company’s stock valued at $269,000 after acquiring an additional 7,258 shares during the period. Hedge funds and other institutional investors own 4.29% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Trump Media & Technology Group in a research report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Trump Media & Technology Group currently has a consensus rating of “Sell”.

Trump Media & Technology Group Price Performance

Shares of DJT opened at $12.03 on Friday. The stock’s 50 day moving average is $16.04 and its two-hundred day moving average is $18.67. The firm has a market capitalization of $3.33 billion, a PE ratio of -20.39 and a beta of 4.56. The company has a current ratio of 42.78, a quick ratio of 132.60 and a debt-to-equity ratio of 0.42. Trump Media & Technology Group Corp. has a twelve month low of $11.90 and a twelve month high of $43.46.

Insider Buying and Selling at Trump Media & Technology Group

In other news, Director Eric Swider sold 5,000 shares of the stock in a transaction dated Friday, August 29th. The shares were sold at an average price of $17.61, for a total value of $88,050.00. Following the completion of the transaction, the director owned 24,041 shares in the company, valued at $423,362.01. This trade represents a 17.22% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 53.00% of the stock is currently owned by company insiders.

Trump Media & Technology Group Company 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.