Obermeyer Wealth Partners Takes $5.47 Million Position in Voyager Technologies, Inc. $VOYG

Key Points

• Obermeyer Wealth Partners bought a new stake of 209,281 shares in Voyager Technologies in Q4, valued at about $5.47 million and representing roughly 0.39% of the company.
• Voyager reported Q results showing revenue up 23.7% year-over-year ($46.65M) but posted EPS of ($0.37) (missed by $0.01) with negative return on equity and a negative net margin, while the company has a market cap of $1.53B and a negative P/E.
• Analyst sentiment is broadly positive-to-cautious: the consensus rating is a “Moderate Buy” with an average price target of $40.64, though individual actions include JPMorgan cutting its target to $39 and mixed ratings across firms (majority Buy, some Hold and one Sell).

Obermeyer Wealth Partners purchased a new stake in Voyager Technologies, Inc. (NYSE:VOYG - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 209,281 shares of the company's stock, valued at approximately $5,471,000. Obermeyer Wealth Partners owned about 0.39% of Voyager Technologies as of its most recent SEC filing.

Several other large investors have also modified their holdings of VOYG. Ameritas Investment Partners Inc. acquired a new position in shares of Voyager Technologies in the 3rd quarter valued at $34,000. Russell Investments Group Ltd. acquired a new position in shares of Voyager Technologies in the 3rd quarter valued at $35,000. Legal & General Group Plc acquired a new position in shares of Voyager Technologies in the 2nd quarter valued at $40,000. Osaic Holdings Inc. acquired a new position in shares of Voyager Technologies in the 2nd quarter valued at $40,000. Finally, Strs Ohio acquired a new position in shares of Voyager Technologies in the 3rd quarter valued at $74,000.

Voyager Technologies Price Performance

VOYG opened at $28.57 on Friday. The stock's 50-day moving average price is $27.67 and its 200 day moving average price is $27.93. Voyager Technologies, Inc. has a 12-month low of $17.41 and a 12-month high of $73.95. The company has a current ratio of 4.37, a quick ratio of 4.34 and a debt-to-equity ratio of 1.04. The firm has a market cap of $1.53 billion and a price-to-earnings ratio of -6.60.

Voyager Technologies (NYSE:VOYG - Get Free Report) last posted its earnings results on Monday, March 9th. The company reported ($0.37) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.36) by ($0.01). Voyager Technologies had a negative return on equity of 23.35% and a negative net margin of 62.98%.The firm had revenue of $46.65 million for the quarter. The company's revenue for the quarter was up 23.7% on a year-over-year basis. As a group, sell-side analysts expect that Voyager Technologies, Inc. will post -2.79 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts have recently commented on VOYG shares. JPMorgan Chase & Co. decreased their price target on Voyager Technologies from $43.00 to $39.00 and set an "overweight" rating on the stock in a research note on Monday, April 13th. Morgan Stanley set a $39.00 price target on Voyager Technologies in a research note on Friday, January 16th. Weiss Ratings reissued a "sell (d)" rating on shares of Voyager Technologies in a research note on Wednesday, January 21st. Citigroup initiated coverage on Voyager Technologies in a research note on Monday, March 30th. They set a "buy" rating and a $36.00 target price on the stock. Finally, Zacks Research raised Voyager Technologies from a "strong sell" rating to a "hold" rating in a research note on Wednesday, April 15th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $40.64.

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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