Asset One Wealth Management LLC Takes $1.90 Million Position in Trump Media & Technology Group Corp. $DJT

Asset One Wealth Management LLC purchased a new stake in shares of Trump Media & Technology Group Corp. (NASDAQ:DJT) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 153,808 shares of the company’s stock, valued at approximately $1,895,000. Asset One Wealth Management LLC owned about 0.05% of Trump Media & Technology Group at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Vanguard Group Inc. boosted its position in shares of Trump Media & Technology Group by 53.1% during the 3rd quarter. Vanguard Group Inc. now owns 14,834,151 shares of the company’s stock valued at $243,577,000 after acquiring an additional 5,143,195 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in Trump Media & Technology Group by 114,382.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 507,159 shares of the company’s stock worth $6,715,000 after buying an additional 506,716 shares during the last quarter. Clear Street Group Inc. lifted its position in Trump Media & Technology Group by 323,356.9% in the 4th quarter. Clear Street Group Inc. now owns 1,297,062 shares of the company’s stock worth $17,173,000 after buying an additional 1,296,661 shares during the last quarter. Yorkville Advisors Global LP lifted its position in Trump Media & Technology Group by 7.6% in the 4th quarter. Yorkville Advisors Global LP now owns 6,641,944 shares of the company’s stock worth $87,939,000 after buying an additional 471,881 shares during the last quarter. Finally, Hohimer Wealth Management LLC bought a new stake in Trump Media & Technology Group in the 3rd quarter worth approximately $1,252,000. Institutional investors own 4.29% of the company’s stock.

Trump Media & Technology Group Price Performance

NASDAQ:DJT opened at $8.10 on Thursday. The business has a 50 day moving average of $8.91 and a 200 day moving average of $10.68. The company has a market capitalization of $2.24 billion, a price-to-earnings ratio of -1.97 and a beta of 4.06. Trump Media & Technology Group Corp. has a 1-year low of $7.75 and a 1-year high of $20.92.

Wall Street Analyst Weigh In

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

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.