Alpha Modus (NASDAQ:AMOD) Rating Increased to Hold at Wall Street Zen

Wall Street Zen upgraded shares of Alpha Modus (NASDAQ:AMOD) from a sell rating to a hold rating in a research report report published on Sunday morning.

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Alpha Modus in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Alpha Modus Trading Down 4.6%

NASDAQ AMOD opened at $0.50 on Friday. The stock has a market capitalization of $20.90 million, a price-to-earnings ratio of -1.72 and a beta of 0.75. The stock has a 50-day moving average of $0.68 and a 200 day moving average of $0.86. Alpha Modus has a twelve month low of $0.40 and a twelve month high of $2.60.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Polar Asset Management Partners Inc. purchased a new position in Alpha Modus in the 4th quarter valued at about $62,000. Geode Capital Management LLC increased its stake in Alpha Modus by 12.6% during the 4th quarter. Geode Capital Management LLC now owns 340,282 shares of the company’s stock worth $157,000 after buying an additional 38,131 shares in the last quarter. Millennium Management LLC acquired a new position in shares of Alpha Modus during the third quarter valued at approximately $118,000. Finally, XTX Topco Ltd acquired a new position in shares of Alpha Modus during the second quarter valued at approximately $25,000. 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.