Volcon, Inc. (NASDAQ:VLCN – Get Free Report) major shareholder Sabby Management, Llc acquired 16,974 shares of the company’s stock in a transaction on Friday, August 16. The shares were purchased at an average price of $1.43 per share, for a total value of $24,272.82. Following the transaction, the insider now directly owns 728,234 shares of the company’s stock, valued at approximately $1,041,374.62. The acquisition was disclosed in a legal filing with the SEC, which can be accessed via this hyperlink. Major shareholders who own 10% or more of a company’s stock are required to disclose their sales and purchases to the SEC.

Sabby Management, Llc also recently completed the following transaction(s):

• On Monday, August 19, Sabby Management, Llc acquired 5,065 shares of Volcon stock. The shares were purchased at an average price of $1.59 per share, for a total value of $8,053.35.
• On Wednesday, August 14, Sabby Management, Llc acquired 20,158 shares of Volcon stock. The shares were purchased at an average price of $1.62 per share, for a total value of $32,655.96.
• On Monday, August 12, Sabby Management, Llc purchased 6,087 shares of Volcon stock. The shares were acquired at an average price of $1.64 per share, for a total value of $9,982.68.
• On Friday, August 9, Sabby Management, Llc purchased 7,116 shares of Volcon stock. The shares were acquired at an average price of $1.64 per share, for a total value of $11,670.24.
• On Wednesday, August 7, Sabby Management, Llc purchased 43,756 shares of Volcon stock. The shares were acquired at an average price of $1.76 per share, for a total value of $77,010.56.
• On Monday, August 5, Sabby Management, Llc purchased 74,574 shares of Volcon stock. The shares were acquired at an average price of $1.81 per share, for a total value of $134,978.94.
• On Friday, August 2, Sabby Management, Llc acquired 40,349 shares of Volcon stock. The shares were purchased at an average price of $1.94 per share, for a total transaction of $78,277.06.

Volcon Price Performance

Volcon shares opened at $1.54 on Thursday. The company’s 50-day simple moving average is $3.20 and its 200-day simple moving average is $43.40. Volcon, Inc. has a 52-week low of $1.41 and a 52-week high of $14,598.00.

Volcon (NASDAQ:VLCN – Get Free Report) last released its quarterly earnings results on Tuesday, August 6. The company reported ($1.51) earnings per share for the quarter. The company had revenue of $0.94 million for the quarter.

Institutional inflow and outflow

An institutional investor recently purchased a new position in shares of Volcon. Virtu Financial LLC purchased a new stake in Volcon, Inc. (NASDAQ:VLCN – Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 46,647 shares of the company’s stock, valued at about $32,000. Virtu Financial LLC owned about 0.19% of Volcon at the time of its most recent filing with the Securities and Exchange Commission (SEC).

Company profile Volcon

(Get free report)

Volcon, Inc. develops, manufactures, and sells electric off-road powersports vehicles in the United States. It supplies electric two- and four-wheel motors and all-terrain vehicles through its dealers. The company also offers a range of upgrades and accessories. Its products are designed for family off-road adventures and ranch work and for fun transportation around private off-road applications.

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