Voyager Technologies, Inc. $VOYG is Liberty Street Advisors Inc.'s 2nd Largest Position

Key Points

• Liberty Street Advisors increased its stake in Voyager Technologies by 25.1% to 681,748 shares, making VOYG about 29.8% of the fund's portfolio and its second-largest holding (worth roughly $17.82M), representing 1.27% ownership of the company.
• Analyst opinion is mixed but leans positive — the consensus is a "Moderate Buy" with an average target of $40.64 (versus a recent price around $30.04); Voyager reported Q results showing revenue up 23.7% year-over-year but posted a loss (EPS -$0.37), negative net margin (~-63%) and negative ROE.

Liberty Street Advisors Inc. raised its stake in shares of Voyager Technologies, Inc. (NYSE:VOYG - Free Report) by 25.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 681,748 shares of the company's stock after buying an additional 136,925 shares during the period. Voyager Technologies comprises about 29.8% of Liberty Street Advisors Inc.'s portfolio, making the stock its 2nd largest holding. Liberty Street Advisors Inc. owned 1.27% of Voyager Technologies worth $17,821,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently modified their holdings of the business. New York State Common Retirement Fund grew its position in shares of Voyager Technologies by 18.4% during the 3rd quarter. New York State Common Retirement Fund now owns 4,400 shares of the company's stock valued at $131,000 after acquiring an additional 685 shares during the period. Ameriprise Financial Inc. grew its position in shares of Voyager Technologies by 2.9% during the 3rd quarter. Ameriprise Financial Inc. now owns 27,271 shares of the company's stock valued at $812,000 after acquiring an additional 757 shares during the period. Legal & General Group Plc acquired a new stake in shares of Voyager Technologies during the 2nd quarter valued at about $40,000. Osaic Holdings Inc. acquired a new stake in shares of Voyager Technologies during the 2nd quarter valued at about $40,000. Finally, Ameritas Investment Partners Inc. acquired a new stake in shares of Voyager Technologies during the 3rd quarter valued at about $34,000.

Analyst Ratings Changes

VOYG has been the topic of a number of analyst reports. Citigroup initiated coverage on Voyager Technologies in a research report on Monday, March 30th. They set a "buy" rating and a $36.00 target price on the stock. Morgan Stanley set a $39.00 target price on Voyager Technologies in a research report on Friday, January 16th. TD Cowen began coverage on Voyager Technologies in a research report on Wednesday, April 1st. They set a "buy" rating and a $35.00 target price on the stock. Weiss Ratings reiterated a "sell (d)" rating on shares of Voyager Technologies in a report on Wednesday, January 21st. Finally, Wells Fargo & Company began coverage on Voyager Technologies in a report on Wednesday, April 1st. They issued an "underweight" rating and a $21.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $40.64.

Voyager Technologies Trading Up 0.9%

VOYG stock opened at $30.04 on Tuesday. The company has a current ratio of 4.37, a quick ratio of 4.34 and a debt-to-equity ratio of 1.04. Voyager Technologies, Inc. has a 12-month low of $17.41 and a 12-month high of $73.95. The stock has a market cap of $1.60 billion and a price-to-earnings ratio of -6.94. The business's 50-day moving average is $26.99 and its 200 day moving average is $27.91.

Voyager Technologies (NYSE:VOYG - Get Free Report) last posted its quarterly earnings data 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 return on equity of 23.35% and a negative net margin of 62.98%.The business's revenue was up 23.7% compared to the same quarter last year.

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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