Aristeia Capital L.L.C. Takes $750,000 Position in Voyager Technologies, Inc. $VOYG

Aristeia Capital L.L.C. bought a new stake in Voyager Technologies, Inc. (NYSE:VOYG) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 28,700 shares of the company’s stock, valued at approximately $750,000. Aristeia Capital L.L.C. owned approximately 0.05% of Voyager Technologies as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Federation des caisses Desjardins du Quebec acquired a new position in Voyager Technologies during the 4th quarter valued at about $26,000. Caitong International Asset Management Co. Ltd bought a new stake in Voyager Technologies during the 4th quarter worth approximately $28,000. Ameritas Investment Partners Inc. bought a new stake in Voyager Technologies during the 3rd quarter worth approximately $34,000. Russell Investments Group Ltd. bought a new stake in Voyager Technologies during the 3rd quarter worth approximately $35,000. Finally, Arax Advisory Partners bought a new stake in Voyager Technologies during the 4th quarter worth approximately $37,000.

Wall Street Analyst Weigh In

VOYG has been the topic of a number of research reports. JPMorgan Chase & Co. cut their price objective on shares of Voyager Technologies from $43.00 to $39.00 and set an “overweight” rating on the stock in a research report on Monday, April 13th. Wells Fargo & Company initiated coverage on Voyager Technologies in a report on Wednesday, April 1st. They set an “underweight” rating and a $21.00 price target for the company. Weiss Ratings reiterated a “sell (e+)” rating on shares of Voyager Technologies in a research report on Tuesday, June 9th. Wedbush increased their price objective on Voyager Technologies from $46.00 to $60.00 and gave the stock an “outperform” rating in a research report on Friday, May 29th. Finally, Citigroup raised their price target on Voyager Technologies from $36.00 to $44.00 and gave the stock a “buy” rating in a research report on Monday, May 18th. One investment 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 stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $44.92.

Voyager Technologies Price Performance

Shares of NYSE:VOYG opened at $38.59 on Thursday. The company has a quick ratio of 4.52, a current ratio of 4.57 and a debt-to-equity ratio of 1.11. Voyager Technologies, Inc. has a twelve month low of $17.41 and a twelve month high of $52.40. The stock’s 50 day moving average is $36.07 and its 200-day moving average is $30.68. The firm has a market capitalization of $2.06 billion and a price-to-earnings ratio of -13.88.

Voyager Technologies (NYSE:VOYG) last issued its earnings results on Monday, May 4th. The company reported ($0.61) earnings per share 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 company 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. Sell-side analysts forecast that Voyager Technologies, Inc. will post -3.48 EPS for the current fiscal year.

Voyager Technologies 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.