Atg Capital Opportunities Fund Purchases 123,208 Shares of Volcon (NASDAQ:EMPD) Stock

Volcon, Inc. (NASDAQ:EMPD) major shareholder Atg Capital Opportunities Fund acquired 123,208 shares of Volcon stock in a transaction on Wednesday, January 28th. The shares were bought at an average cost of $5.09 per share, with a total value of $627,128.72. Following the completion of the purchase, 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 ownership of the stock. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. 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 bought 114,447 shares of Volcon stock. The stock was 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 shares were bought at an average price of $4.91 per share, with a total value of $937,667.61.

Volcon Price Performance

Shares of NASDAQ EMPD opened at $4.91 on Friday. The stock has a fifty day moving average price of $4.69 and a 200 day moving average price of $6.99. Volcon, Inc. has a 1-year low of $4.03 and a 1-year high of $80.80. The company has a market cap of $178.82 million, a PE ratio of -0.32 and a beta of -0.61.

Wall Street Analyst Weigh In

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