Kennedy Capital Management LLC Purchases Shares of 265,710 Voyager Technologies, Inc. $VOYG

Kennedy Capital Management LLC purchased a new stake in Voyager Technologies, Inc. (NYSE:VOYG) during the fourth quarter, HoldingsChannel.com reports. The firm purchased 265,710 shares of the company’s stock, valued at approximately $6,946,000.

Other hedge funds also recently made changes to their positions in the company. Federation des caisses Desjardins du Quebec acquired a new position in shares of Voyager Technologies during the 4th quarter valued at $26,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of Voyager Technologies during the 4th quarter valued at $28,000. Ameritas Investment Partners Inc. acquired a new position in shares of Voyager Technologies during the 3rd quarter valued at $34,000. Russell Investments Group Ltd. acquired a new position in shares of Voyager Technologies during the 3rd quarter valued at $35,000. Finally, Arax Advisory Partners acquired a new position in shares of Voyager Technologies during the 4th quarter valued at $37,000.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Wedbush lifted their target price on shares of Voyager Technologies from $46.00 to $60.00 and gave the company an “outperform” rating in a report on Friday, May 29th. Zacks Research upgraded shares of Voyager Technologies from a “strong sell” rating to a “hold” rating in a report on Wednesday, April 15th. JPMorgan Chase & Co. reduced their target price on shares of Voyager Technologies from $43.00 to $39.00 and set an “overweight” rating on the stock in a report on Monday, April 13th. Wells Fargo & Company assumed coverage on shares of Voyager Technologies in a report on Wednesday, April 1st. They set an “underweight” rating and a $21.00 target price on the stock. Finally, BTIG Research began coverage on shares of Voyager Technologies in a report on Thursday, June 11th. They set a “buy” rating and a $55.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $44.92.

Voyager Technologies Stock Performance

Voyager Technologies stock opened at $40.33 on Tuesday. Voyager Technologies, Inc. has a 12-month low of $17.41 and a 12-month high of $56.68. The company has a market capitalization of $2.16 billion and a price-to-earnings ratio of -14.51. The company has a debt-to-equity ratio of 1.11, a current ratio of 4.57 and a quick ratio of 4.52. The firm’s fifty day moving average price is $35.63 and its 200 day moving average price is $30.45.

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