Maxim Group Begins Coverage on Alpha Modus (NASDAQ:AMOD)

Equities researchers at Maxim Group began coverage on shares of Alpha Modus (NASDAQ:AMODGet Free Report) in a research note issued to investors on Wednesday,Benzinga reports. The brokerage set a “buy” rating and a $1.50 price target on the stock. Maxim Group’s target price points to a potential upside of 294.74% from the stock’s previous close.

AMOD has been the subject of several other research reports. Wall Street Zen cut Alpha Modus from a “hold” rating to a “sell” rating in a research note on Monday, March 16th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Alpha Modus in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $1.50.

View Our Latest Stock Report on Alpha Modus

Alpha Modus Stock Up 4.8%

AMOD opened at $0.38 on Wednesday. Alpha Modus has a 52 week low of $0.33 and a 52 week high of $2.60. The business has a 50 day moving average price of $0.64 and a two-hundred day moving average price of $0.80. The company has a market cap of $15.94 million, a PE ratio of -1.31 and a beta of 0.74.

Hedge Funds Weigh In On Alpha Modus

A number of large investors have recently modified their holdings of the business. Geode Capital Management LLC lifted its holdings in shares of Alpha Modus by 12.6% in the 4th 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 during the period. Polar Asset Management Partners Inc. acquired a new position in Alpha Modus during the fourth quarter worth $62,000. Millennium Management LLC purchased a new position in Alpha Modus in the third quarter worth $118,000. Finally, XTX Topco Ltd acquired a new stake in Alpha Modus in the second quarter valued at $25,000. 15.94% of the stock is owned by hedge funds and other institutional investors.

Alpha Modus Company Profile

(Get Free Report)

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

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