Alpha Modus (NASDAQ:AMOD) Now Covered by Analysts at Maxim Group

Maxim Group began coverage on shares of Alpha Modus (NASDAQ:AMOD) in a research note issued to investors on Wednesday morning,Benzinga reports. The brokerage issued a buy rating and a $1.50 target price on the stock.

Several other research analysts have also weighed in on AMOD. Weiss Ratings reissued a “sell (e+)” rating on shares of Alpha Modus in a research note on Monday, December 29th. Wall Street Zen downgraded shares of Alpha Modus from a “hold” rating to a “sell” rating in a research note on Monday, March 16th. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $1.50.

Alpha Modus Trading Up 0.1%

Alpha Modus stock opened at $0.36 on Wednesday. The firm has a market capitalization of $15.21 million, a P/E ratio of -1.25 and a beta of 0.74. Alpha Modus has a 1 year low of $0.33 and a 1 year high of $2.60. The business has a 50-day moving average of $0.64 and a 200-day moving average of $0.81.

Institutional Investors Weigh In On Alpha Modus

A number of hedge funds have recently modified their holdings of AMOD. XTX Topco Ltd acquired a new position in shares of Alpha Modus in the 2nd quarter valued at approximately $25,000. Polar Asset Management Partners Inc. acquired a new stake in Alpha Modus during the 4th quarter worth approximately $62,000. Millennium Management LLC acquired a new stake in Alpha Modus during the 3rd quarter worth approximately $118,000. Finally, Geode Capital Management LLC lifted its stake in Alpha Modus by 12.6% in the fourth quarter. Geode Capital Management LLC now owns 340,282 shares of the company’s stock valued at $157,000 after buying an additional 38,131 shares in the last quarter. Institutional investors and hedge funds own 15.94% of the company’s stock.

About Alpha Modus

Alpha Modus Holdings, Inc operates as a blank check company. The company was founded on December 13, 2024 and is headquartered in Cornelius, NC.