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

Volcon, Inc. (NASDAQ:EMPD) major shareholder Atg Capital Opportunities Fund bought 114,447 shares of the stock in a transaction dated Friday, January 30th. The stock was purchased at an average cost of $4.82 per share, for a total transaction of $551,634.54. Following the acquisition, the insider owned 3,808,855 shares of the company’s stock, valued at approximately $18,358,681.10. This represents a 3.10% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Major shareholders that own more than 10% 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 Thursday, January 29th, Atg Capital Opportunities Fund purchased 190,971 shares of Volcon stock. The shares were purchased 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 acquired 123,208 shares of Volcon stock. The stock was acquired at an average cost of $5.09 per share, for a total transaction of $627,128.72.

Volcon Trading Up 1.0%

NASDAQ EMPD opened at $4.91 on Friday. The business’s 50 day moving average is $4.69 and its two-hundred day moving average is $6.99. Volcon, Inc. has a 12-month low of $4.03 and a 12-month high of $80.80. The stock has a market capitalization of $178.82 million, a price-to-earnings ratio of -0.32 and a beta of -0.61.

Analyst Upgrades and Downgrades

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