United Atlantic Ventures LLC reduced its shares of Trump Media & Technology group following the end of a lockup period preventing major shareholders from selling their stakes.

Trump Media co-founder Andrew Litinsky now owns only 100 shares through United Atlantic Ventures — an investment vehicle for one of the company’s founders.

Andrew Litinsky, one of the major investors in Trump Media & Technology Group, has sold most of his shares in the company.

Trump Media's recent swings in the market underscore the danger of buying into a company that is so inextricably linked with a single person.

Andrew Litinsky and Wes Moss, both former 2004 reality TV contestants on Trump's Apprentice show, liquidated roughly 11 million shares worth around $165 million after falling out with the former president.

A major Trump Media shareholder and former contestant on “The Apprentice” has unloaded almost his entire stake in former President Donald Trump’s social media company. Although the stock price has been volatile,

Key Takeaways A big Trump Media & Technology shareholder unloaded millions of shares not long after becoming eligible to do so—but it wasn't Trump himself.Investors have waited to see whether any of the insiders who became able to sell shares after a lock-up period ended would do so.

Andrew Litinsky and Wesley Moss sold most of their stake in the company after a lockup agreement that stopped large investors, including Trump, from selling any shares ended

Andrew Litinsky, a former contestant on ‘The Apprentice’ and co-founder of Trump Media, sold most of his stake.