Volcon, Inc. (NASDAQ:VLCN – Get Free Report) major shareholder Sabby Management, Llc bought 20,158 shares of the company’s stock on Wednesday, August 14. The shares were purchased at an average price of $1.62 per share, for a total value of $32,655.96. Following the completion of the transaction, the insider now directly owns 683,746 shares of the company’s stock, valued at approximately $1,107,668.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC’s website. Major shareholders who own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Sabby Management, Llc has also recently completed the following transactions:

• On Monday, August 12, Sabby Management, Llc acquired 6,087 shares of Volcon. The shares were purchased 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 purchased at an average price of $1.64 per share, for a total transaction of $11,670.24.
• On Wednesday, August 7, Sabby Management, Llc purchased 43,756 shares of Volcon. The shares were acquired at an average price of $1.76 per share, for a total transaction of $77,010.56.
• On Monday, August 5, Sabby Management, Llc purchased 74,574 shares of Volcon. The shares were purchased at an average price of $1.81 per share, for a total value of $134,978.94.
• On Friday, August 2, Sabby Management, Llc purchased 40,349 shares of Volcon. The shares were acquired at an average price of $1.94 per share, for a total transaction of $78,277.06.

Price development of Volcon shares

NASDAQ VLCN opened at $1.75 on Friday. The company has a 50-day moving average of $3.55 and a 200-day moving average of $53.56. Volcon, Inc. has a 12-month low of $1.41 and a 12-month high of $14,598.00.

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

Institutional trading with Volcon

An institutional investor recently acquired a new position in Volcon shares. Virtu Financial LLC acquired a new stake in Volcon, Inc. (NASDAQ:VLCN – Free Report) during the 1st quarter, according to the company’s most recent filing with the SEC on Form 13F. The institutional investor bought 46,647 shares of the company’s stock valued at approximately $32,000. Virtu Financial LLC owned 0.19% of Volcon, according to its most recent filing with the SEC.

About Volcon

(Get free report)

Volcon, Inc. designs, manufactures and sells electric off-road powersports vehicles in the United States. Through its dealers, the company sells electric two- and four-wheel motorcycles and all-terrain vehicles. The company also offers a range of upgrades and accessories. The products are designed for off-road family adventures, farm use and fun transportation on private property.

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