141,141 Shares in Voyager Technologies, Inc. $VOYG Purchased by Bank of New York Mellon Corp

Bank of New York Mellon Corp acquired a new position in shares of Voyager Technologies, Inc. (NYSE:VOYG - Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 141,141 shares of the company's stock, valued at approximately $4,552,000. Bank of New York Mellon Corp owned approximately 0.26% of Voyager Technologies at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Legal & General Group Plc purchased a new stake in shares of Voyager Technologies during the second quarter worth approximately $40,000. Federation des caisses Desjardins du Quebec acquired a new position in Voyager Technologies in the 4th quarter valued at $26,000. Osaic Holdings Inc. purchased a new position in Voyager Technologies in the 2nd quarter valued at $40,000. Caitong International Asset Management Co. Ltd acquired a new stake in Voyager Technologies during the 4th quarter worth $28,000. Finally, Ameritas Investment Partners Inc. acquired a new stake in Voyager Technologies during the 3rd quarter worth $34,000.

Insider Transactions at Voyager Technologies

In other Voyager Technologies news, President Matthew Kuta sold 199,807 shares of the company's stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $42.97, for a total value of $8,585,706.79. Following the transaction, the president owned 187,758 shares of the company's stock, valued at $8,067,961.26. This represents a 51.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 27.04% of the company's stock.

Voyager Technologies Stock Performance

Voyager Technologies stock opened at $33.86 on Friday. The stock has a market cap of $1.97 billion, a price-to-earnings ratio of -14.47 and a beta of 4.39. The company has a debt-to-equity ratio of 1.19, a current ratio of 3.80 and a quick ratio of 3.72. The firm has a 50 day simple moving average of $33.05 and a 200-day simple moving average of $32.52. Voyager Technologies, Inc. has a 1-year low of $17.41 and a 1-year high of $52.40.

Voyager Technologies (NYSE:VOYG - Get Free Report) last released its quarterly earnings data on Monday, August 3rd. The company reported ($0.70) EPS 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 prior year, the company posted ($1.23) earnings per share. The company's revenue was up 15.4% on a year-over-year basis. On average, analysts expect that Voyager Technologies, Inc. will post -3.48 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Wall Street Zen upgraded shares of Voyager Technologies from a "strong sell" rating to a "sell" rating in a research report on Saturday. Wolfe Research restated an "outperform" rating and set a $55.00 price target on shares of Voyager Technologies in a research report on Wednesday, June 3rd. BTIG Research assumed coverage on shares of Voyager Technologies in a research note on Thursday, June 11th. They set a "buy" rating and a $55.00 price objective for the company. Morgan Stanley reiterated an "underweight" rating and issued a $37.00 price objective on shares of Voyager Technologies in a report on Wednesday, August 5th. Finally, Citigroup boosted their target price on Voyager Technologies from $44.00 to $54.00 and gave the stock a "buy" rating in a report on Thursday, August 13th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued 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, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $45.20.

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.

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