Voyager Technologies, Inc.’s (NYSE:VOYG) Lock-Up Period Will Expire on December 8th

Voyager Technologies’ (NYSE:VOYG) lock-up period is set to end on Monday, December 8th. Voyager Technologies had issued 12,348,387 shares in its IPO on June 11th. The total size of the offering was $382,799,997 based on an initial share price of $31.00. After the end of the company’s lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. KeyCorp lowered their price objective on shares of Voyager Technologies from $50.00 to $45.00 and set an “overweight” rating for the company in a report on Thursday, November 6th. Bank of America lowered their price target on shares of Voyager Technologies from $50.00 to $41.00 and set a “buy” rating for the company in a research note on Monday, August 25th. Weiss Ratings restated a “sell (d)” rating on shares of Voyager Technologies in a research report on Wednesday, October 8th. Morgan Stanley decreased their price objective on Voyager Technologies from $46.00 to $25.00 and set an “equal weight” rating on the stock in a report on Monday, November 24th. Finally, Wall Street Zen lowered Voyager Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, August 9th. Five investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $42.71.

Voyager Technologies Stock Up 0.7%

Voyager Technologies stock opened at $21.73 on Wednesday. Voyager Technologies has a 1-year low of $17.41 and a 1-year high of $73.95. The business’s 50-day moving average price is $27.82.

Institutional Trading of Voyager Technologies

Several large investors have recently added to or reduced their stakes in the stock. Highline Wealth Partners LLC bought a new position in Voyager Technologies in the 2nd quarter worth $26,000. Steward Partners Investment Advisory LLC purchased a new position in shares of Voyager Technologies during the second quarter valued at about $28,000. Ameritas Investment Partners Inc. bought a new position in Voyager Technologies in the third quarter worth about $34,000. Russell Investments Group Ltd. purchased a new stake in Voyager Technologies in the third quarter worth about $35,000. Finally, Legal & General Group Plc bought a new stake in Voyager Technologies during the 2nd quarter valued at approximately $40,000.

About Voyager Technologies

We are an innovation-driven defense technology and space solutions company. Our company was purpose-built to address issues at the forefront of defense, national security and space industries and we have organized our business to reflect this goal. We strive to solve complex challenges to fortify national security, protect critical assets and unlock new frontiers for human progress and economic development.