Steelhead Partners LLC Purchases Shares of 43,000 Voyager Technologies, Inc. $VOYG

Steelhead Partners LLC purchased a new stake in Voyager Technologies, Inc. (NYSE:VOYG) in the 4th quarter, according to its most recent filing with the SEC. The fund purchased 43,000 shares of the company’s stock, valued at approximately $1,124,000. Voyager Technologies comprises about 0.1% of Steelhead Partners LLC’s portfolio, making the stock its 23rd largest position. Steelhead Partners LLC owned 0.08% of Voyager Technologies at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Legal & General Group Plc acquired a new position in Voyager Technologies in the 2nd quarter valued at $40,000. Federation des caisses Desjardins du Quebec purchased a new stake in shares of Voyager Technologies during the 4th quarter valued at $26,000. Osaic Holdings Inc. purchased a new stake in shares of Voyager Technologies during the 2nd quarter valued at $40,000. Ameritas Investment Partners Inc. purchased a new stake in shares of Voyager Technologies during the 3rd quarter valued at $34,000. Finally, Russell Investments Group Ltd. purchased a new stake in shares of Voyager Technologies during the 3rd quarter valued at $35,000.

Voyager Technologies Stock Down 13.1%

Shares of Voyager Technologies stock opened at $41.58 on Friday. The company has a fifty day moving average price of $35.36 and a 200 day moving average price of $30.25. 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, Inc. has a twelve month low of $17.41 and a twelve month high of $56.68. The stock has a market cap of $2.22 billion and a price-to-earnings ratio of -14.96.

Voyager Technologies (NYSE:VOYG) last announced its quarterly earnings results on Monday, May 4th. The company reported ($0.61) earnings per share for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $35.25 million during the quarter. The firm’s revenue for the quarter was up .1% on a year-over-year basis. Equities research analysts forecast that Voyager Technologies, Inc. will post -3.48 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. TD Cowen assumed coverage on shares of Voyager Technologies in a research note on Monday, April 20th. They set a “buy” rating for the company. BTIG Research assumed coverage on shares of Voyager Technologies in a research note on Thursday. They set a “buy” rating and a $55.00 price objective for the company. Wedbush boosted their price objective on shares of Voyager Technologies from $46.00 to $60.00 and gave the company an “outperform” rating in a research note on Friday, May 29th. Weiss Ratings reissued a “sell (e+)” rating on shares of Voyager Technologies in a research note on Tuesday. Finally, Zacks Research upgraded shares of Voyager Technologies from a “strong sell” rating to a “hold” rating in a report on Wednesday, April 15th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Voyager Technologies has an average rating of “Moderate Buy” and a consensus target price of $44.92.

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.