Volcon (NASDAQ:EMPD) Major Shareholder Atg Capital Opportunities Fund Buys 123,208 Shares

Volcon, Inc. (NASDAQ:EMPD) major shareholder Atg Capital Opportunities Fund bought 123,208 shares of the business’s stock in a transaction on Wednesday, January 28th. The shares were acquired at an average price of $5.09 per share, for a total transaction of $627,128.72. Following the completion of the transaction, the insider owned 3,503,437 shares in the company, valued at approximately $17,832,494.33. This trade represents a 3.64% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Atg Capital Opportunities Fund also recently made the following trade(s):

• On Friday, January 30th, Atg Capital Opportunities Fund purchased 114,447 shares of Volcon stock. The stock was acquired at an average price of $4.82 per share, with a total value of $551,634.54.
• On Thursday, January 29th, Atg Capital Opportunities Fund acquired 190,971 shares of Volcon stock. The shares were purchased at an average price of $4.91 per share, with a total value of $937,667.61.

Volcon Stock Up 1.0%

Shares of NASDAQ EMPD traded up $0.05 during trading hours on Friday, hitting $4.91. The company had a trading volume of 979,952 shares, compared to its average volume of 813,903. The firm’s 50 day moving average is $4.68 and its 200-day moving average is $7.01. Volcon, Inc. has a 1-year low of $4.03 and a 1-year high of $80.80. The stock has a market capitalization of $178.82 million, a P/E ratio of -0.32 and a beta of -0.61.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Volcon in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Volcon Company Profile

Volcon, Inc (NASDAQ: EMPD) is a Texas‐based powersports company specializing in the design, development and distribution of electric off-road vehicles. Headquartered in Austin, Volcon aims to introduce zero-emission solutions to the traditionally gas-powered UTV and dirt bike markets. The company’s modular vehicle platforms blend electric drivetrains with rugged chassis designs, targeting recreational and utility riders seeking sustainable alternatives for trail, sand and farm use.

Volcon’s product lineup includes the Stag, a side-by-side utility terrain vehicle (UTV) engineered for work and play; the Grunt, an entry-level electric dirt bike offering trail-ready performance; and the Ranger, a dual-purpose e-adventure motorcycle suited for longer off-road excursions.