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

Seven Grand Managers LLC grew its holdings in shares of Voyager Technologies, Inc. (NYSE:VOYG) by 5.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 199,169 shares of the company’s stock after purchasing an additional 10,734 shares during the quarter. Seven Grand Managers LLC owned about 0.37% of Voyager Technologies worth $5,206,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Legal & General Group Plc acquired a new position in Voyager Technologies in the 2nd quarter valued at $40,000. New York State Common Retirement Fund acquired a new position in Voyager Technologies in the 2nd quarter valued at $146,000. Squarepoint Ops LLC acquired a new position in Voyager Technologies in the 2nd quarter valued at $7,501,000. Alliancebernstein L.P. acquired a new position in Voyager Technologies in the 2nd quarter valued at $24,720,000. Finally, Raymond James Financial Inc. acquired a new position in Voyager Technologies in the 2nd quarter valued at $105,000.

Analyst Ratings Changes

A number of research analysts recently issued reports on VOYG shares. TD Cowen started coverage on shares of Voyager Technologies in a research note on Monday, April 20th. They issued a “buy” rating on the stock. JPMorgan Chase & Co. lowered their target price on shares of Voyager Technologies from $43.00 to $39.00 and set an “overweight” rating on the stock in a research note on Monday, April 13th. Wedbush reiterated an “outperform” rating and issued a $46.00 target price on shares of Voyager Technologies in a research note on Friday, April 17th. Wells Fargo & Company began coverage on shares of Voyager Technologies in a research note on Wednesday, April 1st. They issued an “underweight” rating and a $21.00 target price on the stock. Finally, Zacks Research upgraded shares of Voyager Technologies from a “strong sell” rating to a “hold” rating in a research report on Wednesday, April 15th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $41.36.

Voyager Technologies Stock Performance

NYSE VOYG opened at $48.53 on Thursday. 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 firm has a market capitalization of $2.60 billion and a price-to-earnings ratio of -17.46. The company’s fifty day moving average is $30.53 and its two-hundred day moving average is $28.22. Voyager Technologies, Inc. has a 52-week low of $17.41 and a 52-week high of $73.95.

Voyager Technologies (NYSE:VOYG) last posted its quarterly earnings results on Monday, May 4th. The company reported ($0.61) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.75) by $0.14. The company had revenue of $35.25 million for the quarter. Voyager Technologies had a negative net margin of 72.90% and a negative return on equity of 18.42%. The business’s revenue for the quarter was up .1% on a year-over-year basis. Equities research analysts forecast that Voyager Technologies, Inc. will post -3.48 EPS for the current year.

Voyager Technologies Profile

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.