Atg Capital Opportunities Fund Purchases 190,971 Shares of Volcon (NASDAQ:EMPD) Stock

Volcon, Inc. (NASDAQ:EMPD) major shareholder Atg Capital Opportunities Fund purchased 190,971 shares of the business’s stock in a transaction on Thursday, January 29th. The shares were acquired at an average price of $4.91 per share, for a total transaction of $937,667.61. Following the completion of the acquisition, the insider directly owned 3,694,408 shares in the company, valued at approximately $18,139,543.28. This represents a 5.45% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Major shareholders that own at least 10% of a company’s shares 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 purchased 114,447 shares of Volcon stock. The stock was bought at an average cost of $4.82 per share, with a total value of $551,634.54.
• 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, for a total transaction of $627,128.72.

Volcon Stock Up 1.0%

Shares of NASDAQ:EMPD opened at $4.91 on Friday. The stock’s 50 day moving average is $4.69 and its 200-day moving average is $6.99. Volcon, Inc. has a twelve month low of $4.03 and a twelve month high of $80.80. The firm has a market capitalization of $178.82 million, a price-to-earnings ratio of -0.32 and a beta of -0.61.

Analyst Ratings Changes

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