Massimo Group (NASDAQ:MAMO) Downgraded to Hold Rating by Wall Street Zen

Posted by ABMN Staff on Mar 21st, 2026

Massimo Group (NASDAQ:MAMO – Get Free Report) was downgraded by analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

Massimo Group Stock Down 1.6%

MAMO stock opened at $0.94 on Friday. The company has a market cap of $39.03 million, a PE ratio of -46.84 and a beta of 0.52. The business has a 50-day simple moving average of $1.82 and a 200 day simple moving average of $2.86. Massimo Group has a 52 week low of $0.85 and a 52 week high of $5.59.

Institutional Investors Weigh In On Massimo Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. OMERS ADMINISTRATION Corp acquired a new stake in shares of Massimo Group in the 4th quarter valued at $69,000. Citadel Advisors LLC raised its holdings in shares of Massimo Group by 43.7% during the 3rd quarter. Citadel Advisors LLC now owns 19,218 shares of the company’s stock worth $45,000 after buying an additional 5,844 shares in the last quarter. Goldman Sachs Group Inc. acquired a new position in shares of Massimo Group during the 4th quarter worth $78,000. Millennium Management LLC bought a new stake in shares of Massimo Group during the 3rd quarter worth $88,000. Finally, Geode Capital Management LLC lifted its position in shares of Massimo Group by 152.0% during the 4th quarter. Geode Capital Management LLC now owns 75,494 shares of the company’s stock worth $300,000 after buying an additional 45,537 shares during the last quarter.

About Massimo Group

(Get Free Report)

Massimo Group, through its subsidiaries, engages in the manufacturing and sale of utility terrain vehicles, all-terrain vehicles, and pontoon and tritoon boats. The company also offers motorcycles, scooters, golf carts, and go karts and balance bikes, as well as snow equipment. In addition, it provides accessories, including EV chargers, electric coolers, power stations, and portable solar panels. The company sells its products through a network of dealerships, distributors, and chain stores, as well as the e-commerce marketplace.