C2P Capital Advisory Group Acquires Shares in Trump Media & Technology Group Corp.

C2P Capital Advisory Group LLC, operating as Prosperity Capital Advisors, has recently acquired a new position in Trump Media & Technology Group Corp. (NASDAQ: DJT) during the fourth quarter, according to their latest filing with the SEC. The firm has purchased 194,783 shares of the company's stock, which are valued at approximately $6,642,000. After this acquisition, C2P Capital Advisory reportedly owns about 0.09% of Trump Media & Technology Group based on their most recent SEC filing.

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In addition to C2P Capital Advisory, several other hedge funds have also made adjustments to their holdings in Trump Media & Technology Group. Rakuten Securities Inc. acquired a new position in the company's stocks in the third quarter, worth $27,000. Similarly, Larson Financial Group LLC also bought a new stake during the same period, valued at around $30,000. Tsfg LLC joined these firms by purchasing shares valued at approximately $31,000 in the fourth quarter. Furthermore, Wilmington Savings Fund Society FSB acquired new stock worth about $34,000 during the same period, while MetLife Investment Management LLC also made a new stake during the third quarter, valued around $43,000. Overall, institutional investors currently own around 4.29% of DJT stock.

Stock Performance of Trump Media & Technology Group

As of Tuesday, DJT opened at $30.39. The company reports a debt-to-equity ratio of 0.01, with both its quick ratio and current ratio at an impressive 47.49. The fifty-day moving average for the stock is $34.51, while its two-hundred-day moving average stands at $28.78. Over the past year, Trump Media & Technology Group Corp. has experienced a low of $11.75 and a high of $79.38.

About Trump Media & Technology Group

Trump Media & Technology Group Corp. is a social media and technology company, operating brands such as TRUTH Social, TMTG+, and TMTG News. The company's headquarters are located in Sarasota, Florida.

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This article was generated with the help of narrative science technology and financial data to provide readers with quick and precise reporting. It has been reviewed by an editorial team prior to publication.

Investment Insight

Before deciding whether to invest in Trump Media & Technology Group, it is essential to consider the current market analysis. Experts suggest reviewing other alternatives as well. MarketBeat has indicated that while DJT currently holds a "Hold" rating among analysts, other top-rated stocks may present better investment opportunities.

To explore more about where to invest $1,000, analysts frequently recommend considering insights from top financial research firms that bring attention to stocks that might outperform the market.

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