Alpha Modus (NASDAQ:AMOD) Trading Down 3.6% – Time to Sell?

Alpha Modus Holdings, Inc. (NASDAQ:AMOD)’s stock price fell 3.6% during trading on Thursday . The stock traded as low as $1.08 and last traded at $1.08. 52,721 shares were traded during trading, a decline of 73% from the average session volume of 196,509 shares. The stock had previously closed at $1.12.

Analyst Ratings Changes

Several research firms have recently commented on AMOD. Weiss Ratings reissued a “sell (d)” rating on shares of Alpha Modus in a research report on Wednesday. Wall Street Zen raised Alpha Modus to a “hold” rating in a research note on Saturday, August 2nd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of “Sell”.

Alpha Modus Stock Down 3.6%

The firm has a 50 day moving average price of $1.11 and a 200 day moving average price of $1.20.

Institutional Trading of Alpha Modus

A hedge fund recently bought a new stake in Alpha Modus stock. XTX Topco Ltd purchased a new position in shares of Alpha Modus Holdings, Inc. (NASDAQ:AMOD) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 22,202 shares of the company’s stock, valued at approximately $25,000. XTX Topco Ltd owned 0.05% of Alpha Modus at the end of the most recent quarter. 15.94% of the stock is owned by institutional investors and hedge funds.

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.