Seven Grand Managers LLC Acquires 10,734 Shares of Voyager Technologies, Inc. $VOYG

Seven Grand Managers LLC lifted its holdings in shares of Voyager Technologies, Inc. (NYSE:VOYG) by 5.7% in the fourth quarter, Holdings Channel.com reports. The fund owned 199,169 shares of the company’s stock after purchasing an additional 10,734 shares during the quarter. Seven Grand Managers LLC’s holdings in Voyager Technologies were worth $5,206,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Ameritas Investment Partners Inc. bought a new position in shares of Voyager Technologies during the 3rd quarter worth about $34,000. Russell Investments Group Ltd. bought a new position in shares of Voyager Technologies during the 3rd quarter worth about $35,000. Legal & General Group Plc bought a new position in shares of Voyager Technologies during the 2nd quarter worth about $40,000. Osaic Holdings Inc. bought a new position in shares of Voyager Technologies during the 2nd quarter worth about $40,000. Finally, Strs Ohio bought a new position in Voyager Technologies during the 3rd quarter valued at about $74,000.

Voyager Technologies Stock Up 4.5%

Shares of NYSE:VOYG opened at $48.53 on Thursday. Voyager Technologies, Inc. has a one year low of $17.41 and a one year high of $73.95. The company has a 50 day moving average of $30.53 and a 200-day moving average of $28.22. The company has a debt-to-equity ratio of 1.11, a current ratio of 4.57 and a quick ratio of 4.52. The stock has a market cap of $2.60 billion and a price-to-earnings ratio of -17.46.

Voyager Technologies (NYSE:VOYG) last issued its quarterly earnings data on Monday, May 4th. The company reported ($0.61) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.75) by $0.14. The firm had revenue of $35.25 million during the quarter. Voyager Technologies had a negative net margin of 72.90% and a negative return on equity of 18.42%. The business’s quarterly revenue was up .1% compared to the same quarter last year. On average, sell-side analysts forecast that Voyager Technologies, Inc. will post -3.48 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on VOYG. JPMorgan Chase & Co. cut their price target on shares of Voyager Technologies from $43.00 to $39.00 and set an “overweight” rating for the company in a report on Monday, April 13th. TD Cowen began coverage on shares of Voyager Technologies in a report on Monday, April 20th. They set a “buy” rating for the company. Wall Street Zen downgraded shares of Voyager Technologies from a “sell” rating to a “strong sell” rating in a report on Sunday, April 19th. Citigroup lifted their price target on shares of Voyager Technologies from $36.00 to $44.00 and gave the company a “buy” rating in a report on Monday, May 18th. Finally, Wells Fargo & Company initiated coverage on shares of Voyager Technologies in a report on Wednesday, April 1st. They set an “underweight” rating and a $21.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Voyager Technologies has an average rating of “Moderate Buy” and an average target price of $41.36.

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.