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

Volcon, Inc. (NASDAQ:EMPD) major shareholder Atg Capital Opportunities Fund purchased 190,971 shares of the company’s stock in a transaction that occurred on Thursday, January 29th. The shares were bought at an average cost of $4.91 per share, with a total value of $937,667.61. Following the transaction, the insider directly owned 3,694,408 shares of the company’s stock, valued at $18,139,543.28. The trade was a 5.45% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Large shareholders that own 10% or more 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 Friday, January 30th, Atg Capital Opportunities Fund purchased 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 Wednesday, January 28th, Atg Capital Opportunities Fund acquired 123,208 shares of Volcon stock. The shares were bought at an average cost of $5.09 per share, with a total value of $627,128.72.

Volcon Stock Up 1.0%

EMPD stock opened at $4.91 on Friday. The company has a market cap of $178.82 million, a price-to-earnings ratio of -0.32 and a beta of -0.61. The business has a fifty day simple moving average of $4.69 and a 200-day simple moving average of $6.99. Volcon, Inc. has a 52 week low of $4.03 and a 52 week high of $80.80.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Volcon in a research note 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 stock. According to MarketBeat.com, Volcon 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.