Volcon (NASDAQ:EMPD) Major Shareholder Atg Capital Opportunities Fund Purchases 131,962 Shares

Volcon, Inc. (NASDAQ:EMPD) major shareholder Atg Capital Opportunities Fund bought 131,962 shares of Volcon stock in a transaction that occurred on Monday, February 2nd. The shares were acquired at an average price of $4.67 per share, with a total value of $616,262.54. Following the completion of the transaction, the insider owned 3,940,817 shares of the company’s stock, valued at $18,403,615.39. This represents a 3.46% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

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

• On Tuesday, February 3rd, Atg Capital Opportunities Fund purchased 559,183 shares of Volcon stock. The stock was acquired at an average cost of $4.68 per share, for a total transaction of $2,616,976.44.
• On Friday, January 30th, Atg Capital Opportunities Fund acquired 114,447 shares of Volcon stock. The shares were acquired at an average cost 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 stock was bought at an average price of $4.91 per share, for a total transaction of $937,667.61.
• On Wednesday, January 28th, Atg Capital Opportunities Fund bought 123,208 shares of Volcon stock. The shares were bought at an average price of $5.09 per share, with a total value of $627,128.72.

Volcon Price Performance

Shares of NASDAQ:EMPD opened at $4.50 on Thursday. The company’s fifty day moving average price is $4.67 and its 200-day moving average price is $6.75. The firm has a market capitalization of $163.89 million, a price-to-earnings ratio of -0.29 and a beta of -0.60. Volcon, Inc. has a one year low of $4.03 and a one year high of $44.09.

Analyst Ratings Changes

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