24,139 Shares in Voyager Technologies, Inc. $VOYG Acquired by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company acquired a new stake in shares of Voyager Technologies, Inc. (NYSE:VOYG) during the 1st quarter, HoldingsChannel.com reports. The fund acquired 24,139 shares of the company’s stock, valued at approximately $565,000.

Several other large investors also recently added to or reduced their stakes in the business. Legal & General Group Plc acquired a new position in shares of Voyager Technologies during the 2nd quarter worth $40,000. Federation des caisses Desjardins du Quebec bought a new position in shares of Voyager Technologies during the 4th quarter valued at $26,000. Osaic Holdings Inc. acquired a new stake in shares of Voyager Technologies in the 2nd quarter valued at $40,000. Caitong International Asset Management Co. Ltd acquired a new position in Voyager Technologies during the fourth quarter worth $28,000. Finally, Ameritas Investment Partners Inc. acquired a new stake in shares of Voyager Technologies in the third quarter worth about $34,000.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on VOYG. Jefferies Financial Group reissued a “buy” rating and issued a $65.00 price objective on shares of Voyager Technologies in a research note on Sunday, August 9th. Wall Street Zen lowered shares of Voyager Technologies from a “sell” rating to a “strong sell” rating in a research report on Sunday, April 19th. TD Cowen assumed coverage on Voyager Technologies in a research report on Monday, April 20th. They set a “buy” rating on the stock. Wedbush began coverage on Voyager Technologies in a research note on Wednesday, July 1st. They set an “outperform” rating and a $46.00 price target on the stock. Finally, Citigroup upped their price target on Voyager Technologies from $44.00 to $54.00 and gave the company a “buy” rating in a report on Thursday. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Voyager Technologies has a consensus rating of “Moderate Buy” and an average target price of $44.82.

Voyager Technologies Stock Down 2.8%

VOYG opened at $43.02 on Friday. The company has a market capitalization of $2.38 billion, a P/E ratio of -18.39 and a beta of 4.19. The company has a debt-to-equity ratio of 1.19, a current ratio of 3.80 and a quick ratio of 3.72. The firm’s fifty day moving average price is $33.44 and its two-hundred day moving average price is $31.80. Voyager Technologies, Inc. has a fifty-two week low of $17.41 and a fifty-two week high of $52.40.

Insider Activity at Voyager Technologies

In other news, President Matthew James Kuta sold 199,807 shares of Voyager Technologies stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $42.97, for a total transaction of $8,585,706.79. Following the sale, the president directly owned 187,758 shares in the company, valued at approximately $8,067,961.26. The trade was a 51.55% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 27.04% of the company’s stock.

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. We are committed to developing and delivering an array of transformative, mission-critical solutions to customers enabled by our advanced technology, analytics and space infrastructure capabilities.