Trump Media & Technology Group Corp. $DJT Shares Acquired by Yorkville Advisors Global LP

Yorkville Advisors Global LP increased its position in shares of Trump Media & Technology Group Corp. (NASDAQ:DJT) by 7.6% in the fourth quarter, HoldingsChannel reports. The firm owned 6,641,944 shares of the company’s stock after acquiring an additional 471,881 shares during the quarter. Trump Media & Technology Group accounts for 55.4% of Yorkville Advisors Global LP’s portfolio, making the stock its biggest position. Yorkville Advisors Global LP’s holdings in Trump Media & Technology Group were worth $87,939,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. International Assets Investment Management LLC purchased a new position in Trump Media & Technology Group during the fourth quarter valued at approximately $40,000. Daiwa Securities Group Inc. raised its position in Trump Media & Technology Group by 68.4% during the second quarter. Daiwa Securities Group Inc. now owns 3,012 shares of the company’s stock valued at $54,000 after acquiring an additional 1,223 shares in the last quarter. Larson Financial Group LLC raised its position in Trump Media & Technology Group by 70.7% during the fourth quarter. Larson Financial Group LLC now owns 3,104 shares of the company’s stock valued at $41,000 after acquiring an additional 1,286 shares in the last quarter. CI Investments Inc. raised its position in Trump Media & Technology Group by 1,783.4% during the third quarter. CI Investments Inc. now owns 3,296 shares of the company’s stock valued at $54,000 after acquiring an additional 3,121 shares in the last quarter. Finally, Rakuten Securities Inc. raised its position in Trump Media & Technology Group by 40.7% during the second quarter. Rakuten Securities Inc. now owns 3,466 shares of the company’s stock valued at $63,000 after acquiring an additional 1,002 shares in the last quarter. 4.29% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Trump Media & Technology Group Price Performance

Trump Media & Technology Group stock opened at $8.63 on Thursday. The stock has a market capitalization of $2.39 billion, a PE ratio of -2.09 and a beta of 4.06. Trump Media & Technology Group Corp. has a 12 month low of $7.86 and a 12 month high of $22.30. The business has a 50 day simple moving average of $9.06 and a 200-day simple moving average of $10.86.

About Trump Media & Technology Group

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.