HB Wealth Management LLC Invests $1.17 Million in Voyager Technologies, Inc. $VOYG

Key Points

• HB Wealth Management initiated a new position in Voyager Technologies, buying 44,720 shares valued at about $1.17 million, representing roughly 0.08% ownership per its latest SEC filing.
• Several large institutions also moved into VOYG recently — including Alyeska (new ~$54.1M stake), Wellington Management (up 653.9% to ~1.63M shares, ~$48.6M) and Vanguard (up 27.6% to ~1.19M shares, ~$35.3M) — signaling significant institutional interest.
• Voyager shows negative earnings and margins (EPS -$0.37 last quarter, negative net margin ~63%) despite revenue rising 23.7% year-over-year, and analysts hold a consensus "Moderate Buy" with an average target of $40.64.

HB Wealth Management LLC acquired a new position in Voyager Technologies, Inc. (NYSE:VOYG - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 44,720 shares of the company's stock, valued at approximately $1,169,000. HB Wealth Management LLC owned about 0.08% of Voyager Technologies as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Alyeska Investment Group L.P. purchased a new position in shares of Voyager Technologies in the 3rd quarter worth approximately $54,119,000. Wellington Management Group LLP grew its position in Voyager Technologies by 653.9% during the 3rd quarter. Wellington Management Group LLP now owns 1,631,613 shares of the company's stock worth $48,589,000 after purchasing an additional 1,415,192 shares during the last quarter. Vanguard Group Inc. grew its position in Voyager Technologies by 27.6% during the 3rd quarter. Vanguard Group Inc. now owns 1,186,823 shares of the company's stock worth $35,344,000 after purchasing an additional 256,499 shares during the last quarter. Balyasny Asset Management L.P. purchased a new stake in Voyager Technologies during the 2nd quarter worth approximately $38,997,000. Finally, Liberty Street Advisors Inc. grew its position in Voyager Technologies by 25.1% during the 4th quarter. Liberty Street Advisors Inc. now owns 681,748 shares of the company's stock worth $17,821,000 after purchasing an additional 136,925 shares during the last quarter.

Voyager Technologies Price Performance

Shares of NYSE VOYG opened at $28.57 on Monday. The company has a quick ratio of 4.34, a current ratio of 4.37 and a debt-to-equity ratio of 1.04. Voyager Technologies, Inc. has a 52 week low of $17.41 and a 52 week high of $73.95. The firm has a 50-day simple moving average of $27.67 and a 200-day simple moving average of $27.83. The stock has a market capitalization of $1.53 billion and a price-to-earnings ratio of -6.60.

Voyager Technologies (NYSE:VOYG - Get Free Report) last announced its quarterly earnings data on Monday, March 9th. The company reported ($0.37) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.36) by ($0.01). Voyager Technologies had a negative net margin of 62.98% and a negative return on equity of 23.35%. The firm had revenue of $46.65 million during the quarter. The firm's revenue for the quarter was up 23.7% on a year-over-year basis. On average, equities analysts predict that Voyager Technologies, Inc. will post -2.79 earnings per share for the current fiscal year.

Analysts Set New Price Targets

VOYG has been the topic of several research analyst reports. Weiss Ratings reissued a "sell (d)" rating on shares of Voyager Technologies in a research report on Wednesday, January 21st. TD Cowen initiated coverage on shares of Voyager Technologies in a research note on Monday, April 20th. They issued a "buy" rating for the company. 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. Citigroup began coverage on shares of Voyager Technologies in a research report on Monday, March 30th. They issued a "buy" rating and a $36.00 target price on the stock. Finally, Wells Fargo & Company began coverage on shares of Voyager Technologies in a research report on Wednesday, April 1st. They issued an "underweight" rating and a $21.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Voyager Technologies presently has a consensus rating of "Moderate Buy" and an average target price of $40.64.

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.

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