Volato Group, Inc. (NYSEAMERICAN:SOAR – Get Free Report)’s share price rose 7.7% during mid-day trading on Tuesday . The company traded as high as $0.24 and last traded at $0.23. Approximately 1,936,135 shares changed hands during mid-day trading, a decline of 16% from the average daily volume of 2,291,850 shares. The stock had previously closed at $0.21.
Volato Group Price Performance
Insider Buying and Selling at Volato Group
In other news, insider Nicholas James Cooper sold 459,005 shares of the business’s stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $0.26, for a total transaction of $119,341.30. Following the completion of the transaction, the insider now directly owns 3,353,560 shares in the company, valued at approximately $871,925.60. The trade was a 12.04 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 29.16% of the company’s stock.
About Volato Group
Volato Group, Inc operates as a private aviation company. It offers fractional ownership, aircraft management, jet cards, deposit, and charter programs. As of December 31, 2023, the company operated a fleet of 24 HondaJets and a managed fleet of 6 aircraft. Volato Group, Inc was founded in 2021 and is based in Chamblee, Georgia.
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