First Trust Advisors LP Boosts Stock Holdings in Voyager Technologies, Inc. $VOYG

First Trust Advisors LP grew its position in Voyager Technologies, Inc. (NYSE:VOYG) by 14.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 119,700 shares of the company’s stock after purchasing an additional 14,812 shares during the period. First Trust Advisors LP owned about 0.22% of Voyager Technologies worth $2,800,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. Federation des caisses Desjardins du Quebec bought a new stake in Voyager Technologies in the 4th quarter worth about $26,000. Caitong International Asset Management Co. Ltd bought a new position in shares of Voyager Technologies during the 4th quarter worth approximately $28,000. Sunbelt Securities Inc. purchased a new position in shares of Voyager Technologies in the 4th quarter worth approximately $33,000. Ameritas Investment Partners Inc. bought a new position in shares of Voyager Technologies in the third quarter valued at approximately $34,000. Finally, Russell Investments Group Ltd. purchased a new stake in shares of Voyager Technologies during the third quarter valued at approximately $35,000.

Analysts Set New Price Targets

A number of research analysts have issued reports on VOYG shares. Wedbush assumed coverage on Voyager Technologies in a research note on Wednesday, July 1st. They issued an “outperform” rating and a $46.00 price objective for the company. JPMorgan Chase & Co. cut their price target on shares of Voyager Technologies from $43.00 to $39.00 and set an “overweight” rating on the stock in a report on Monday, April 13th. Jefferies Financial Group increased their price target on shares of Voyager Technologies from $40.00 to $60.00 and gave the company a “buy” rating in a research report on Monday, June 1st. TD Cowen began coverage on shares of Voyager Technologies in a report on Monday, April 20th. They set a “buy” rating for the company. Finally, Wall Street Zen cut shares of Voyager Technologies from a “sell” rating to a “strong sell” rating in a research note on Sunday, April 19th. Two research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $43.45.

Voyager Technologies Trading Up 10.0%

Shares of VOYG opened at $38.19 on Friday. Voyager Technologies, Inc. has a twelve month low of $17.41 and a twelve month high of $52.40. The stock has a market cap of $2.11 billion, a PE ratio of -16.32 and a beta of 4.19. The company has a quick ratio of 4.52, a current ratio of 3.80 and a debt-to-equity ratio of 1.19. The business’s 50-day moving average price is $33.90 and its 200-day moving average price is $31.41.

Voyager Technologies (NYSE:VOYG) last released its quarterly earnings data on Monday, May 4th. The company reported ($0.61) EPS for the quarter, beating analysts’ consensus estimates of ($0.75) by $0.14. Voyager Technologies had a negative net margin of 78.61% and a negative return on equity of 27.31%. The company had revenue of $35.25 million during the quarter. The business’s quarterly revenue was up .1% compared to the same quarter last year. On average, equities analysts forecast that Voyager Technologies, Inc. will post -3.48 EPS for the current fiscal year.

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.