Alpine Global Management Sells DJT Shares

Written by Emily J. Thompson, Senior Investment Analyst

Source: NASDAQ.COM

Updated: 5 hours ago

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Should l Buy DJT?

Source: NASDAQ.COM

Share Sale Details: Alpine Global Management sold 783,379 shares of Trump Media & Technology Group (DJT) in Q4, with an estimated trade value of $10.69 million, indicating a diminishing confidence in the stock.
Decline in Position Value: The value of the DJT position decreased by $13.83 million by quarter-end, reflecting the impact of trading activity and market price fluctuations, with the remaining holding at 304,858 shares valued at $4.04 million.
Poor Financial Performance: Alpine reported a net loss of $712.3 million for the year, primarily due to unrealized losses from falling cryptocurrency prices, with only $3.7 million in total revenue, highlighting challenges in the competitive digital media landscape.
Cash Flow Improvement: Despite the losses, Alpine achieved $14.8 million in positive operating cash flow in Q1, with CEO Devin Nunes noting $2.5 billion on the balance sheet to support its M&A strategy, indicating potential growth opportunities ahead.

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About DJT

Trump Media & Technology Group Corp. (TMTG) is a social media and technology-focused company. The Company's product, Truth Social, is a social media platform where any user can create content, follow other users and engage in an open global conversation. The Company does not restrict whom a user can follow. Additionally, users can be followed by other users without requiring a reciprocal relationship, enhancing the ability of its users to reach a broad audience. Its products and services include Truth Social and Truth+. TMTG operates a TV streaming platform, Truth+, across the entire Truth Social platform-iOS, Android, and the Web. The streaming service relies on TMTG's custom-built content delivery network (CDN), which operates through a data center. TMTG's streaming technology is powered through specially designed infrastructure with its own servers, routers, and software stack. The Company is also focused on launching Truth.Fi, a financial service and FinTech brand.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Alpine Global Sells Shares of Trump Media & Technology Group

5 hours agoFool

Share Sale Details: On February 17, 2026, Alpine Global Management disclosed the sale of 783,379 shares of Trump Media & Technology Group (DJT), with an estimated transaction value of $10.69 million, indicating a significant reduction in confidence in the stock.
Holding Adjustment: Following this transaction, DJT now represents only 0.69% of Alpine's reportable AUM in its 13F filing, highlighting a notable decrease in its significance within the investment portfolio.
Market Performance: Currently priced at $10.14, DJT shares have fallen 48% over the past year, significantly underperforming the S&P 500, which has risen approximately 21% during the same period, reflecting the company's struggles in a competitive digital media landscape.
Financial Condition: Trump Media reported a net loss of $712.3 million for the year, primarily due to unrealized losses from declining cryptocurrency prices, although it achieved its first positive operating cash flow of $14.8 million, suggesting potential financial recovery prospects.