Griffin Asset Management Inc. Invests $363,000 in Voyager Technologies, Inc. $VOYG

Griffin Asset Management Inc. purchased a new position in shares of Voyager Technologies, Inc. (NYSE:VOYG) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 13,879 shares of the company’s stock, valued at approximately $363,000.

Several other large investors have also modified their holdings of the stock. Alyeska Investment Group L.P. bought a new position in shares of Voyager Technologies during the third quarter worth about $54,119,000. Wellington Management Group LLP lifted its position in shares of Voyager Technologies by 653.9% during the third 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. lifted its position in shares of Voyager Technologies by 27.6% during the third 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. bought a new position in shares of Voyager Technologies during the second quarter worth about $38,997,000. Finally, Liberty Street Advisors Inc. lifted its position in shares of Voyager Technologies by 25.1% during the fourth 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.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on VOYG. Wells Fargo & Company began coverage on shares of Voyager Technologies in a research report on Wednesday, April 1st. They set an “underweight” rating and a $21.00 price target on the stock. Zacks Research raised shares of Voyager Technologies from a “strong sell” rating to a “hold” rating in a research report on Wednesday, April 15th. Wedbush reaffirmed an “outperform” rating and set a $46.00 price target on shares of Voyager Technologies in a research report on Friday, April 17th. Citigroup increased their price target on shares of Voyager Technologies from $36.00 to $44.00 and gave the stock a “buy” rating in a research report on Monday. Finally, Wall Street Zen lowered shares of Voyager Technologies from a “sell” rating to a “strong sell” rating in a research note on Sunday, April 19th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $41.36.

Voyager Technologies Price Performance

Shares of NYSE:VOYG opened at $40.20 on Friday. The firm’s 50 day moving average is $29.00 and its two-hundred day moving average is $27.67. Voyager Technologies, Inc. has a 52 week low of $17.41 and a 52 week high of $73.95. The firm has a market capitalization of $2.15 billion and a P/E ratio of -14.46. The company has a current ratio of 4.57, a quick ratio of 4.52 and a debt-to-equity ratio of 1.11.

Voyager Technologies (NYSE:VOYG) last announced its quarterly earnings results on Monday, May 4th. The company reported ($0.61) EPS for the quarter, beating the consensus estimate of ($0.75) by $0.14. Voyager Technologies had a negative net margin of 72.90% and a negative return on equity of 18.42%. The company had revenue of $35.25 million for the quarter. The business’s quarterly revenue was up .1% compared to the same quarter last year. Analysts anticipate that Voyager Technologies, Inc. will post -3.48 earnings per share for the current year.

Voyager Technologies Company 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.