43,000 Shares in Voyager Technologies, Inc. $VOYG Bought by Steelhead Partners LLC

Steelhead Partners LLC purchased a new position in shares of Voyager Technologies, Inc. (NYSE:VOYG) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 43,000 shares of the company’s stock, valued at approximately $1,124,000. Voyager Technologies accounts for approximately 0.1% of Steelhead Partners LLC’s investment portfolio, making the stock its 23rd largest position.

Other institutional investors have also recently added to or reduced their stakes in the company. Legal & General Group Plc purchased a new stake in Voyager Technologies during the 2nd quarter worth $40,000. Federation des caisses Desjardins du Quebec purchased a new position in Voyager Technologies in the 4th quarter valued at about $26,000. Osaic Holdings Inc. purchased a new position in Voyager Technologies in the 2nd quarter valued at about $40,000. Ameritas Investment Partners Inc. purchased a new position in Voyager Technologies in the 3rd quarter valued at about $34,000. Finally, Russell Investments Group Ltd. purchased a new position in Voyager Technologies in the 3rd quarter valued at about $35,000.

Voyager Technologies Stock Performance

Shares of VOYG stock opened at $41.58 on Friday. The company has a debt-to-equity ratio of 1.11, a quick ratio of 4.52 and a current ratio of 4.57. Voyager Technologies, Inc. has a one year low of $17.41 and a one year high of $56.68. The company’s 50-day simple moving average is $35.36 and its 200-day simple moving average is $30.25. The stock has a market capitalization of $2.22 billion and a price-to-earnings ratio of -14.96.

Voyager Technologies (NYSE:VOYG) last issued its quarterly earnings results on Monday, May 4th. The company reported ($0.61) EPS for the quarter, topping the consensus estimate 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 business had revenue of $35.25 million for the quarter. The firm’s revenue for the quarter was up .1% compared to the same quarter last year. Equities analysts anticipate that Voyager Technologies, Inc. will post -3.48 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have weighed in on VOYG. Wolfe Research reissued an “outperform” rating and issued a $55.00 price objective on shares of Voyager Technologies in a research report on Wednesday, June 3rd. Wedbush upped their price objective on shares of Voyager Technologies from $46.00 to $60.00 and gave the company an “outperform” rating in a research report on Friday, May 29th. Wall Street Zen cut shares of Voyager Technologies from a “sell” rating to a “strong sell” rating in a research report on Sunday, April 19th. Zacks Research raised shares of Voyager Technologies from a “strong sell” rating to a “hold” rating in a research report on Wednesday, April 15th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Voyager Technologies from $43.00 to $39.00 and set an “overweight” rating for the company in a research report on Monday, April 13th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Voyager Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $44.92.

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.