Alpha Modus Stock to Split on Monday, June 15th (NASDAQ:AMOD)

Shares of Alpha Modus Holdings, Inc. (NASDAQ:AMOD) are scheduled to split on Monday, June 15th. The 40-1 split was announced on Monday, June 8th. The newly minted shares will be issued to shareholders after the market closes on Friday, June 12th.

Alpha Modus Stock Up 1.3%

Shares of NASDAQ:AMOD opened at $0.17 on Thursday. The company’s fifty day moving average is $0.27 and its two-hundred day moving average is $0.50. Alpha Modus has a 12-month low of $0.16 and a 12-month high of $2.60. The company has a market cap of $9.46 million, a P/E ratio of -0.50 and a beta of 0.51.

Alpha Modus (NASDAQ:AMOD) last announced its earnings results on Thursday, May 14th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.04).

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Wall Street Zen cut shares of Alpha Modus from a “hold” rating to a “sell” rating in a report on Monday, March 16th. Weiss Ratings restated a “sell (e+)” rating on shares of Alpha Modus in a report on Friday, March 27th. Finally, Maxim Group assumed coverage on shares of Alpha Modus in a report on Wednesday, March 25th. They set a “buy” rating and a $1.50 price target on the stock. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $1.50.

Institutional Investors Weigh In On Alpha Modus

A number of large investors have recently bought and sold shares of AMOD. XTX Topco Ltd bought a new stake in Alpha Modus in the second quarter worth $25,000. Millennium Management LLC bought a new stake in Alpha Modus in the third quarter worth $118,000. Geode Capital Management LLC boosted its holdings in Alpha Modus by 12.6% in the fourth quarter. Geode Capital Management LLC now owns 340,282 shares of the company’s stock worth $157,000 after purchasing an additional 38,131 shares in the last quarter. Finally, Polar Asset Management Partners Inc. bought a new stake in Alpha Modus in the fourth quarter worth $62,000. 15.94% of the stock is currently owned by institutional investors.

Alpha Modus Company Profile

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