Sei Investments Co. Increases Stake in Voyager Technologies, Inc. $VOYG

Sei Investments Co. boosted its stake in Voyager Technologies, Inc. (NYSE:VOYG) by 123.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 44,083 shares of the company’s stock after buying an additional 24,329 shares during the period. Sei Investments Co. owned 0.08% of Voyager Technologies worth $1,031,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Legal & General Group Plc bought a new position in shares of Voyager Technologies in the 2nd quarter worth approximately $40,000. Federation des caisses Desjardins du Quebec bought a new stake in shares of Voyager Technologies during the fourth quarter valued at approximately $26,000. Osaic Holdings Inc. bought a new stake in shares of Voyager Technologies during the second quarter valued at approximately $40,000. Caitong International Asset Management Co. Ltd purchased a new stake in Voyager Technologies in the fourth quarter worth $28,000. Finally, Ameritas Investment Partners Inc. bought a new position in Voyager Technologies in the third quarter worth $34,000.

Voyager Technologies Stock Performance

Shares of VOYG opened at $43.21 on Thursday. Voyager Technologies, Inc. has a 12 month low of $17.41 and a 12 month high of $52.40. The business’s fifty day simple moving average is $33.49 and its two-hundred day simple moving average is $31.67. The company has a current ratio of 3.80, a quick ratio of 3.72 and a debt-to-equity ratio of 1.19. The company has a market cap of $2.39 billion, a price-to-earnings ratio of -18.47 and a beta of 4.19.

Voyager Technologies (NYSE:VOYG) last released its quarterly earnings data on Monday, August 3rd. The company reported ($0.70) EPS for the quarter, beating the consensus estimate of ($1.01) by $0.31. Voyager Technologies had a negative return on equity of 27.31% and a negative net margin of 78.61%.The company had revenue of $52.75 million for the quarter. During the same period last year, the business earned ($1.23) earnings per share. The company’s quarterly revenue was up 15.4% on a year-over-year basis. Research analysts anticipate that Voyager Technologies, Inc. will post -3.48 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

VOYG has been the subject of several recent research reports. Wedbush initiated coverage on Voyager Technologies in a research report on Wednesday, July 1st. They set an “outperform” rating and a $46.00 price objective for the company. Wall Street Zen lowered shares of Voyager Technologies from a “sell” rating to a “strong sell” rating in a research note on Sunday, April 19th. Morgan Stanley reissued an “underweight” rating and set a $37.00 price target on shares of Voyager Technologies in a research report on Wednesday, August 5th. TD Cowen assumed coverage on shares of Voyager Technologies in a report on Monday, April 20th. They issued a “buy” rating on the stock. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $65.00 target price on shares of Voyager Technologies in a research note on Sunday. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, one has given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $43.91.

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.