Aristeia Capital L.L.C. Acquires Shares of 28,700 Voyager Technologies, Inc. $VOYG

Aristeia Capital L.L.C. acquired a new stake in Voyager Technologies, Inc. (NYSE:VOYG) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 28,700 shares of the company’s stock, valued at approximately $750,000.

A number of other institutional investors have also recently made changes to their positions in the company. Senvest Management LLC lifted its position in shares of Voyager Technologies by 29.3% during the 4th quarter. Senvest Management LLC now owns 3,905,721 shares of the company’s stock valued at $102,096,000 after buying an additional 884,962 shares during the last quarter. Alyeska Investment Group L.P. raised its holdings in shares of Voyager Technologies by 88.1% in the 4th quarter. Alyeska Investment Group L.P. now owns 3,417,841 shares of the company’s stock valued at $89,342,000 after acquiring an additional 1,600,540 shares in the last quarter. Wellington Management Group LLP raised its holdings in shares of Voyager Technologies by 653.9% in the 3rd quarter. Wellington Management Group LLP now owns 1,631,613 shares of the company’s stock valued at $48,589,000 after acquiring an additional 1,415,192 shares in the last quarter. Vanguard Group Inc. increased its position in shares of Voyager Technologies by 27.6% during 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 during the last quarter. Finally, Capital International Investors increased its position in shares of Voyager Technologies by 93.4% during 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 during the last quarter.

Voyager Technologies Stock Up 2.0%

Voyager Technologies stock opened at $38.59 on Thursday. The firm has a market cap of $2.06 billion and a price-to-earnings ratio of -13.88. The stock has a fifty day simple moving average of $36.07 and a two-hundred day simple moving average of $30.68. Voyager Technologies, Inc. has a 12 month low of $17.41 and a 12 month high of $52.40. The company has a current ratio of 4.57, a quick ratio of 4.52 and a debt-to-equity ratio of 1.11.

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

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Citigroup increased their price objective on Voyager Technologies from $36.00 to $44.00 and gave the company a “buy” rating in a research report on Monday, May 18th. Jefferies Financial Group lifted their price objective on Voyager Technologies from $40.00 to $60.00 and gave the stock a “buy” rating in a research report on Monday, June 1st. Zacks Research upgraded Voyager Technologies from a “strong sell” rating to a “hold” rating in a research report on Wednesday, April 15th. Wells Fargo & Company initiated coverage on Voyager Technologies in a research note on Wednesday, April 1st. They issued an “underweight” rating and a $21.00 target price for the company. Finally, Wall Street Zen cut Voyager Technologies from a “sell” rating to a “strong sell” rating in a research note on Sunday, April 19th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $44.92.

Voyager Technologies Company 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.