Kestra Advisory Services LLC Boosts Stake in Voyager Technologies, Inc. $VOYG

Kestra Advisory Services LLC raised its stake in shares of Voyager Technologies, Inc. (NYSE:VOYG) by 14,088.8% during the first quarter, Holdings Channel.com reports. The institutional investor owned 119,612 shares of the company’s stock after buying an additional 118,769 shares during the period. Kestra Advisory Services LLC’s holdings in Voyager Technologies were worth $2,798,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. Senvest Management LLC lifted its position in shares of Voyager Technologies by 29.3% in the fourth quarter. Senvest Management LLC now owns 3,905,721 shares of the company’s stock valued at $102,096,000 after acquiring an additional 884,962 shares in the last quarter. Alyeska Investment Group L.P. increased its position in Voyager Technologies by 88.1% during the 4th quarter. Alyeska Investment Group L.P. now owns 3,417,841 shares of the company’s stock worth $89,342,000 after purchasing an additional 1,600,540 shares in the last quarter. Wellington Management Group LLP raised its stake in Voyager Technologies by 23.7% in the 4th quarter. Wellington Management Group LLP now owns 2,017,623 shares of the company’s stock valued at $52,741,000 after purchasing an additional 386,010 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Voyager Technologies by 27.6% in the 3rd quarter. Vanguard Group Inc. now owns 1,186,823 shares of the company’s stock valued at $35,344,000 after purchasing an additional 256,499 shares in the last quarter. Finally, Capital International Investors lifted its holdings in Voyager Technologies by 93.4% in the 4th quarter. Capital International Investors now owns 1,033,158 shares of the company’s stock valued at $27,007,000 after purchasing an additional 498,963 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on VOYG shares. Morgan Stanley reiterated an “underweight” rating and set a $39.00 price target on shares of Voyager Technologies in a report on Wednesday. Citigroup raised their target price on shares of Voyager Technologies from $36.00 to $44.00 and gave the stock a “buy” rating in a research report on Monday, May 18th. JPMorgan Chase & Co. cut their price target on Voyager Technologies from $43.00 to $39.00 and set an “overweight” rating for the company in a report on Monday, April 13th. Zacks Research raised Voyager Technologies from a “strong sell” rating to a “hold” rating in a research note on Wednesday, April 15th. Finally, BTIG Research initiated coverage on Voyager Technologies in a report on Thursday, June 11th. They set a “buy” rating and a $55.00 price objective on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $43.64.

Voyager Technologies Price Performance

Voyager Technologies stock opened at $25.82 on Friday. Voyager Technologies, Inc. has a 1 year low of $17.41 and a 1 year high of $52.40. The company has a debt-to-equity ratio of 1.11, a quick ratio of 4.52 and a current ratio of 4.57. The firm has a 50 day moving average price of $37.29 and a 200 day moving average price of $31.63. The company has a market cap of $1.38 billion and a price-to-earnings ratio of -9.29.

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