Truth Social Stock Down 50% as One Investor Sells Off Nearly 800,000 Shares

2 days ago 4

Jonathan Ponciano, The Motley Fool

Wed, March 11, 2026 astatine 11:43 AM CDT 4 min read

On February 17, 2026, Alpine Global Management disclosed selling 783,379 shares of Trump Media & Technology Group (NASDAQ:DJT), an estimated $10.69 cardinal commercialized based connected quarterly mean pricing.

According to a U.S. Securities and Exchange Commission (SEC) filing dated February 17, 2026, Alpine Global Management sold 783,379 shares of Trump Media & Technology Group successful the 4th quarter. The estimated transaction worth was $10.69 cardinal based connected the mean closing terms during the quarter. The DJT position’s worth astatine 4th extremity decreased by $13.83 million, reflecting some stock income and marketplace terms movement.

Alpine’s DJT holding present represents 0.69% of its 13F reportable AUM aft this reduction.
Top holdings pursuing the filing:
- NASDAQ:IMVT: $66.77 cardinal (12.5% of AUM)
- NASDAQ:RIVN: $51.80 cardinal (9.7% of AUM)
- NYSE:ACHR: $35.17 cardinal (6.6% of AUM)
- NYSE:CVNA: $18.82 cardinal (3.5% of AUM)
- NYSE:ARES: $11.07 cardinal (2.1% of AUM)
As of Wednesday, DJT shares were priced astatine $10.14, down 48% implicit the past twelvemonth and good underperforming the S&P 500, which is alternatively up astir 21% successful the aforesaid period.

Metric

Value

Market capitalization	$2.8 billion
Revenue (TTM)	$3.7 million
Net income (TTM)	($712.1 million)

Trump Media & Technology Group develops and operates a societal networking level providing net contented and accusation services.
The steadfast generates gross from its integer media platform, chiefly done online engagement and advertising.
It serves users successful the United States seeking alternate societal media experiences.

Based successful Sarasota, Florida, the institution focuses connected gathering its Truth Social level to pull users and turn engagement successful the competitory integer media landscape.

Truth Social banal sank astir 20% arsenic Alpine sold disconnected shares successful the 4th quarter, and the descent hasn’t stopped there, with the banal falling different 27% this twelvemonth alone. Plus, the institution has progressively turned to cryptocurrency, bitcoin treasury hedging successful particular, arsenic portion of its strategy, lone adding to the volatility.

Late past month, the steadfast reported a nett nonaccomplishment of $712.3 cardinal for the year, astir of which the steadfast attributed to unrealized losses stemming from a driblet successful crypto prices. And arsenic for the topline, the steadfast reported conscionable $3.7 cardinal successful gross for the full year. On the affirmative side, the steadfast reported its archetypal 4th of affirmative operating currency flow, which deed $14.8 million, and CEO Devin Nunes pointed to $2.5 cardinal connected the equilibrium expanse arsenic enactment for the firm’s M&A-focused strategy. DJT remains successful Alpine’s portfolio, but astatine little than 1% of assets aft reducing its stock number by immoderate 70%. That surely points to a imaginable alteration successful conviction, and aft specified a pugnacious stretch, it’s nary wonderment wherefore the steadfast mightiness beryllium looking elsewhere for now.

Read Entire Article