544,823 Shares in Voyager Technologies, Inc. $VOYG Bought by Liberty Street Advisors Inc.

Key Points

• Liberty Street Advisors Inc. acquired 544,823 shares of Voyager Technologies, valued at approximately $21.38 million, making it the firm's second largest holding.
• Voyager Technologies reported a 24.5% increase in revenue year-over-year, with earnings of $45.67 million despite missing the EPS estimate.
• Research analysts have given Voyager Technologies a consensus rating of "Moderate Buy" with a target price averaging $47.71.

Liberty Street Advisors Inc. purchased a new position in shares of Voyager Technologies, Inc. (NYSE:VOYG - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 544,823 shares of the company's stock, valued at approximately $21,384,000. Voyager Technologies accounts for about 26.0% of Liberty Street Advisors Inc.'s investment portfolio, making the stock its 2nd largest holding. Liberty Street Advisors Inc. owned approximately 0.97% of Voyager Technologies at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VOYG. Dakota Wealth Management purchased a new position in shares of Voyager Technologies in the 2nd quarter valued at about $2,426,000. Highline Wealth Partners LLC acquired a new position in shares of Voyager Technologies during the 2nd quarter worth approximately $26,000. Finally, PFG Investments LLC acquired a new position in shares of Voyager Technologies during the 2nd quarter worth approximately $212,000.

Voyager Technologies Stock Performance

Shares of NYSE VOYG opened at $33.63 on Wednesday. The company has a fifty day moving average of $31.42. Voyager Technologies, Inc. has a 12-month low of $26.10 and a 12-month high of $73.95.

Voyager Technologies (NYSE:VOYG - Get Free Report) last posted its earnings results on Monday, August 4th. The company reported ($0.60) EPS for the quarter, missing the consensus estimate of ($0.27) by ($0.33). The company had revenue of $45.67 million during the quarter, compared to analysts' expectations of $35.44 million. Voyager Technologies's revenue was up 24.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($1.29) earnings per share. Voyager Technologies has set its FY 2025 guidance at EPS.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Morgan Stanley initiated coverage on shares of Voyager Technologies in a research note on Monday, July 7th. They issued an "equal weight" rating and a $46.00 price target on the stock. Jefferies Financial Group initiated coverage on shares of Voyager Technologies in a research note on Monday, July 7th. They issued a "buy" rating and a $50.00 target price on the stock. Barclays initiated coverage on shares of Voyager Technologies in a research note on Monday, July 7th. They issued an "equal weight" rating and a $45.00 target price on the stock. KeyCorp assumed coverage on shares of Voyager Technologies in a research note on Monday, July 7th. They issued an "overweight" rating and a $50.00 target price on the stock. Finally, Wall Street Zen lowered shares of Voyager Technologies from a "hold" rating to a "sell" rating in a research report on Saturday, August 9th. Five equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $47.71.

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.

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