Vanderbilt University Makes New Investment in Voyager Technologies, Inc. $VOYG

Key Points

• Vanderbilt University acquired a new position of 136,925 shares in Voyager Technologies during Q4, valued at about $3.58 million, making VOYG roughly 0.6% of Vanderbilt’s portfolio and its 24th-largest holding.
• Other institutional activity was notable — Alyeska Investment Group initiated a large stake (~$54.1 million) and several funds (JPMorgan, World Equity, Madison Park, Genesis) also initiated or increased positions in recent quarters.
• Analysts are mixed but generally positive: Voyager has a MarketBeat consensus of “Moderate Buy” with a $41.00 average price target while the stock trades near $27; the company shows 23.7% revenue growth but remains unprofitable (EPS -$0.37, net margin -62.98%).

Vanderbilt University acquired a new position in shares of Voyager Technologies, Inc. (NYSE:VOYG - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 136,925 shares of the company's stock, valued at approximately $3,579,000. Voyager Technologies makes up approximately 0.6% of Vanderbilt University's portfolio, making the stock its 24th biggest holding. Vanderbilt University owned 0.25% of Voyager Technologies as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Madison Park Capital Advisors LLC acquired a new position in Voyager Technologies during the fourth quarter worth $358,000. Genesis Financial Group LLC acquired a new position in Voyager Technologies during the fourth quarter worth $261,000. World Equity Group Inc. raised its stake in Voyager Technologies by 58.6% during the fourth quarter. World Equity Group Inc. now owns 16,199 shares of the company's stock worth $423,000 after acquiring an additional 5,984 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Voyager Technologies by 47,685.7% during the third quarter. JPMorgan Chase & Co. now owns 13,380 shares of the company's stock worth $398,000 after acquiring an additional 13,352 shares in the last quarter. Finally, Alyeska Investment Group L.P. acquired a new position in Voyager Technologies during the third quarter worth $54,119,000.

Analysts Set New Price Targets

Several analysts have recently commented on VOYG shares. Citigroup started coverage on Voyager Technologies in a report on Monday, March 30th. They set a "buy" rating and a $36.00 target price on the stock. Wells Fargo & Company started coverage on Voyager Technologies in a report on Wednesday, April 1st. They set an "underweight" rating and a $21.00 target price on the stock. Wedbush restated an "outperform" rating and set a $46.00 target price on shares of Voyager Technologies in a report on Friday, March 13th. TD Cowen started coverage on Voyager Technologies in a report on Wednesday, April 1st. They set a "buy" rating and a $35.00 target price on the stock. Finally, Weiss Ratings restated a "sell (d)" rating on shares of Voyager Technologies in a report on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, Voyager Technologies has a consensus rating of "Moderate Buy" and a consensus price target of $41.00.

Voyager Technologies Price Performance

Voyager Technologies stock opened at $27.28 on Wednesday. The business's 50-day simple moving average is $27.19 and its 200 day simple moving average is $27.96. The stock has a market cap of $1.45 billion and a price-to-earnings ratio of -6.30. Voyager Technologies, Inc. has a 12-month low of $17.41 and a 12-month high of $73.95. 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 (NYSE:VOYG - Get Free Report) last posted its quarterly 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). The firm had revenue of $46.65 million during the quarter. Voyager Technologies had a negative net margin of 62.98% and a negative return on equity of 23.35%. The company's revenue was up 23.7% on a year-over-year basis.

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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