Sei Investments Co. Purchases 24,329 Shares of Voyager Technologies, Inc. $VOYG

Sei Investments Co. boosted its position in shares of Voyager Technologies, Inc. (NYSE:VOYG) by 123.2% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 44,083 shares of the company’s stock after acquiring an additional 24,329 shares during the quarter. Sei Investments Co.’s holdings in Voyager Technologies were worth $1,031,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Comerica Bank increased its position in shares of Voyager Technologies by 44,598.9% in the fourth quarter. Comerica Bank now owns 40,229 shares of the company’s stock valued at $1,052,000 after buying an additional 40,139 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in Voyager Technologies in the 4th quarter valued at about $7,334,000. HB Wealth Management LLC acquired a new stake in Voyager Technologies in the 4th quarter valued at about $1,169,000. Kestra Advisory Services LLC increased its holdings in Voyager Technologies by 14,088.8% during the 1st quarter. Kestra Advisory Services LLC now owns 119,612 shares of the company’s stock valued at $2,798,000 after acquiring an additional 118,769 shares in the last quarter. Finally, Fifth Third Bancorp raised its position in Voyager Technologies by 213.0% during the first quarter. Fifth Third Bancorp now owns 87,375 shares of the company’s stock worth $2,044,000 after acquiring an additional 59,464 shares during the last quarter.

Voyager Technologies Stock Up 0.7%

Shares of NYSE VOYG opened at $43.21 on Thursday. The stock has a market capitalization of $2.39 billion, a PE ratio of -18.47 and a beta of 4.19. The company has a quick ratio of 3.72, a current ratio of 3.80 and a debt-to-equity ratio of 1.19. The firm has a fifty day moving average of $33.49 and a 200-day moving average of $31.67. Voyager Technologies, Inc. has a 52-week low of $17.41 and a 52-week high of $52.40.

Voyager Technologies (NYSE:VOYG) last issued its earnings results on Monday, August 3rd. The company reported ($0.70) earnings per share for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $52.75 million for the quarter. During the same quarter in the previous year, the business posted ($1.23) EPS. Voyager Technologies’s revenue was up 15.4% compared to the same quarter last year. On average, analysts anticipate that Voyager Technologies, Inc. will post -3.48 EPS for the current year.

Analysts Set New Price Targets

Several research firms have recently commented on VOYG. Citigroup increased their price target on shares of Voyager Technologies from $36.00 to $44.00 and gave the company a “buy” rating in a research report on Monday, May 18th. BTIG Research assumed coverage on Voyager Technologies in a research note on Thursday, June 11th. They issued a “buy” rating and a $55.00 target price on the stock. Wedbush initiated coverage on Voyager Technologies in a report on Wednesday, July 1st. They set an “outperform” rating and a $46.00 target price on the stock. Jefferies Financial Group reissued a “buy” rating and set a $65.00 price target on shares of Voyager Technologies in a research report on Sunday. Finally, Morgan Stanley restated an “underweight” rating and issued a $37.00 price objective on shares of Voyager Technologies in a research report on Wednesday, August 5th. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Voyager Technologies has a consensus rating of “Moderate Buy” and an average 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.