MetLife Investment Advisors LLC decreased its stake in shares of Voyager Therapeutics Inc (NASDAQ:VYGR) by 41.0% in the fourth quarter, Holdings Channel reports. The fund owned 10,649 shares of the company’s stock after selling 7,401 shares during the period. MetLife Investment Advisors LLC’s holdings in Voyager Therapeutics were worth $100,000 at the end of the most recent reporting period.
Other large investors also recently modified their holdings of the company. Bank of America Corp DE boosted its position in shares of Voyager Therapeutics by 211.0% during the fourth quarter. Bank of America Corp DE now owns 10,637 shares of the company’s stock worth $100,000 after acquiring an additional 7,217 shares during the last quarter. AlphaCrest Capital Management LLC bought a new position in shares of Voyager Therapeutics during the fourth quarter worth $102,000. Weiss Multi Strategy Advisers LLC lifted its position in Voyager Therapeutics by 10.0% during the fourth quarter. Weiss Multi Strategy Advisers LLC now owns 11,000 shares of the company’s stock valued at $103,000 after purchasing an additional 1,000 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lifted its position in Voyager Therapeutics by 66.8% during the fourth quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 11,380 shares of the company’s stock valued at $101,000 after purchasing an additional 4,559 shares during the last quarter. Finally, Nisa Investment Advisors LLC lifted its position in Voyager Therapeutics by 24.3% during the fourth quarter. Nisa Investment Advisors LLC now owns 12,800 shares of the company’s stock valued at $120,000 after purchasing an additional 2,500 shares during the last quarter. Hedge funds and other institutional investors own 85.18% of the company’s stock.
In other news, major shareholder Neurocrine Biosciences Inc bought 4,179,728 shares of Voyager Therapeutics stock in a transaction dated Tuesday, March 12th. The shares were acquired at an average price of $11.96 per share, with a total value of $49,989,546.88. Following the completion of the purchase, the insider now owns 4,179,728 shares in the company, valued at approximately $49,989,546.88. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 33.60% of the company’s stock.
VYGR stock opened at $21.37 on Monday. Voyager Therapeutics Inc has a 52 week low of $7.76 and a 52 week high of $24.24. The firm has a market cap of $787.08 million, a price-to-earnings ratio of -7.77 and a beta of 2.83.
Voyager Therapeutics (NASDAQ:VYGR) last announced its earnings results on Tuesday, February 26th. The company reported ($0.70) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.66) by ($0.04). Voyager Therapeutics had a negative net margin of 1,158.79% and a negative return on equity of 120.82%. The firm had revenue of $2.01 million during the quarter, compared to analysts’ expectations of $2.90 million. On average, equities research analysts forecast that Voyager Therapeutics Inc will post -2.79 EPS for the current fiscal year.
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Voyager Therapeutics Profile
Voyager Therapeutics, Inc, a clinical-stage gene therapy company, focuses on the development of treatments for patients suffering from severe neurological diseases. The company's lead clinical candidate is the VY-AADC, which is in open-label Phase 1b clinical trial for the treatment of Parkinson's disease.
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