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

Volcon, Inc. (NASDAQ:EMPD) major shareholder Atg Capital Opportunities Fund acquired 123,208 shares of the business’s stock in a transaction on Wednesday, January 28th. The stock was acquired at an average price of $5.09 per share, with a total value of $627,128.72. Following the acquisition, the insider owned 3,503,437 shares in the company, valued at $17,832,494.33. The trade was a 3.64% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

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

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

Volcon Stock Performance

NASDAQ:EMPD opened at $4.91 on Friday. Volcon, Inc. has a one year low of $4.03 and a one year high of $80.80. The stock has a market cap of $178.82 million, a PE ratio of -0.32 and a beta of -0.61. The stock has a 50 day moving average price of $4.69 and a 200 day moving average price of $6.99.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Volcon in a report on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the stock. According to MarketBeat, Volcon has an average rating of “Moderate Buy”.

About Volcon

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.