Yorkville Advisors Global LP Has $87.94 Million Stock Position in Trump Media & Technology Group Corp. $DJT

Yorkville Advisors Global LP grew its position in shares of Trump Media & Technology Group Corp. (NASDAQ:DJT) by 7.6% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 6,641,944 shares of the company’s stock after acquiring an additional 471,881 shares during the quarter. Trump Media & Technology Group comprises approximately 55.4% of Yorkville Advisors Global LP’s holdings, making the stock its largest holding. Yorkville Advisors Global LP owned 2.37% of Trump Media & Technology Group worth $87,939,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Vanguard Group Inc. increased its position in Trump Media & Technology Group by 53.1% in the third quarter. Vanguard Group Inc. now owns 14,834,151 shares of the company’s stock worth $243,577,000 after purchasing an additional 5,143,195 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in Trump Media & Technology Group by 114,382.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 507,159 shares of the company’s stock worth $6,715,000 after purchasing an additional 506,716 shares during the last quarter. Hohimer Wealth Management LLC bought a new stake in Trump Media & Technology Group in the third quarter worth $1,252,000. Oak Thistle LLC bought a new stake in Trump Media & Technology Group in the fourth quarter worth $220,000. Finally, Savvy Advisors Inc. bought a new stake in Trump Media & Technology Group in the fourth quarter worth $149,000. Institutional investors own 4.29% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings restated 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 MarketBeat, the company has a consensus rating of “Sell”.

Trump Media & Technology Group Stock Performance

NASDAQ:DJT opened at $8.63 on Thursday. The stock’s fifty day moving average is $9.06 and its 200 day moving average is $10.86. Trump Media & Technology Group Corp. has a fifty-two week low of $7.86 and a fifty-two week high of $22.30. The firm has a market capitalization of $2.39 billion, a PE ratio of -2.09 and a beta of 4.06.

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.