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

Investment analysts at Maxim Group began coverage on shares of Alpha Modus (NASDAQ:AMOD) in a report issued on Wednesday,Benzinga reports. The brokerage set a “buy” rating and a $1.50 price target on the stock. Maxim Group’s price objective suggests a potential upside of 314.02% from the stock’s previous close.

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

Alpha Modus Stock Performance

Shares of AMOD opened at $0.36 on Wednesday. The stock has a market capitalization of $15.20 million, a P/E ratio of -1.25 and a beta of 0.74. The company’s fifty day moving average is $0.65 and its two-hundred day moving average is $0.81. Alpha Modus has a 1 year low of $0.33 and a 1 year high of $2.60.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. XTX Topco Ltd purchased a new position in Alpha Modus in the second quarter worth $25,000. Millennium Management LLC acquired a new stake in Alpha Modus in the third quarter valued at $118,000. Polar Asset Management Partners Inc. purchased a new stake in shares of Alpha Modus during the 4th quarter worth $62,000. Finally, Geode Capital Management LLC boosted its position in shares of 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 purchasing an additional 38,131 shares in the last quarter. Institutional investors and hedge funds own 15.94% of the company’s stock.

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.