Atg Capital Opportunities Fund Acquires 114,447 Shares of Volcon (NASDAQ:EMPD) Stock

Volcon, Inc. (NASDAQ:EMPD) major shareholder Atg Capital Opportunities Fund purchased 114,447 shares of the stock in a transaction dated Friday, January 30th. The stock was acquired at an average cost of $4.82 per share, with a total value of $551,634.54. Following the transaction, the insider directly owned 3,808,855 shares in the company, valued at approximately $18,358,681.10. This trade represents a 3.10% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Major shareholders that own more than 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 Thursday, January 29th, Atg Capital Opportunities Fund purchased 190,971 shares of Volcon stock. The stock was acquired at an average cost of $4.91 per share, with a total value of $937,667.61.
• On Wednesday, January 28th, Atg Capital Opportunities Fund purchased 123,208 shares of Volcon stock. The shares were purchased at an average cost of $5.09 per share, with a total value of $627,128.72.

Volcon Trading Up 1.0%

Shares of EMPD stock traded up $0.05 during trading hours on Friday, hitting $4.91. The company’s stock had a trading volume of 979,952 shares, compared to its average volume of 813,903. The stock has a market cap of $178.82 million, a PE ratio of -0.32 and a beta of -0.61. The company has a 50 day moving average of $4.68 and a 200 day moving average of $7.01. Volcon, Inc. has a 12-month low of $4.03 and a 12-month high of $80.80.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Volcon in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently 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.