640,810 Shares in Waystar Holding Corp. $WAY Bought by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH bought a new position in shares of Waystar Holding Corp. (NASDAQ:WAYFree Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 640,810 shares of the company’s stock, valued at approximately $20,987,000. Fort Washington Investment Advisors Inc. OH owned about 0.33% of Waystar at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. ANTIPODES PARTNERS Ltd boosted its stake in shares of Waystar by 120.1% during the 3rd quarter. ANTIPODES PARTNERS Ltd now owns 823 shares of the company’s stock worth $31,000 after acquiring an additional 449 shares in the last quarter. BCS Private Wealth Management Inc. raised its stake in shares of Waystar by 8.4% in the 3rd quarter. BCS Private Wealth Management Inc. now owns 7,455 shares of the company’s stock valued at $283,000 after acquiring an additional 575 shares in the last quarter. Carnegie Investment Counsel raised its stake in shares of Waystar by 9.4% in the 3rd quarter. Carnegie Investment Counsel now owns 7,002 shares of the company’s stock valued at $266,000 after acquiring an additional 600 shares in the last quarter. State of Wyoming lifted its holdings in Waystar by 45.1% in the 2nd quarter. State of Wyoming now owns 2,098 shares of the company’s stock worth $86,000 after purchasing an additional 652 shares during the last quarter. Finally, Salomon & Ludwin LLC acquired a new stake in Waystar in the 3rd quarter worth approximately $25,000.

Waystar Price Performance

Shares of NASDAQ:WAY opened at $23.54 on Friday. The company has a market cap of $4.51 billion, a price-to-earnings ratio of 38.59, a PEG ratio of 0.97 and a beta of 0.80. The business has a 50 day moving average price of $25.49 and a 200 day moving average price of $32.07. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.38. Waystar Holding Corp. has a twelve month low of $21.13 and a twelve month high of $42.55.

Waystar (NASDAQ:WAYGet Free Report) last issued its quarterly earnings results on Tuesday, February 17th. The company reported $0.36 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.03). Waystar had a return on equity of 6.86% and a net margin of 10.20%.The business had revenue of $303.54 million during the quarter, compared to the consensus estimate of $294.72 million. During the same period in the prior year, the firm earned $0.29 earnings per share. The business’s quarterly revenue was up 24.3% on a year-over-year basis. Waystar has set its FY 2026 guidance at 1.590-1.680 EPS. Research analysts predict that Waystar Holding Corp. will post 0.39 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages have commented on WAY. Mizuho set a $42.00 price target on Waystar in a report on Wednesday, February 4th. Jefferies Financial Group restated a “buy” rating and issued a $41.00 price objective on shares of Waystar in a research note on Wednesday, February 18th. Needham & Company LLC decreased their price objective on shares of Waystar from $46.00 to $33.00 and set a “buy” rating for the company in a report on Tuesday, February 17th. Canaccord Genuity Group lowered their target price on shares of Waystar from $54.00 to $30.00 and set a “buy” rating on the stock in a research note on Wednesday, February 18th. Finally, Zacks Research downgraded shares of Waystar from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 1st. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $37.06.

Read Our Latest Stock Analysis on Waystar

Insider Transactions at Waystar

In related news, insider Eric L. (Ric) Sinclair III sold 40,225 shares of the business’s stock in a transaction on Tuesday, January 20th. The shares were sold at an average price of $30.08, for a total transaction of $1,209,968.00. Following the transaction, the insider owned 474,826 shares of the company’s stock, valued at approximately $14,282,766.08. The trade was a 7.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 4.10% of the company’s stock.

Waystar Profile

(Free Report)

Waystar (NASDAQ:WAY) is a leading provider of cloud-based revenue cycle management and payment solutions for healthcare organizations. The company’s unified platform streamlines the entire financial continuum of patient care, from eligibility verification and claim submission to payment reconciliation and patient billing. By automating key processes and improving claim accuracy, Waystar helps providers reduce administrative overhead, accelerate cash flow and enhance overall revenue performance.

At the core of Waystar’s offering is a SaaS-based architecture that integrates seamlessly with existing electronic health record (EHR) systems and payer networks.

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Institutional Ownership by Quarter for Waystar (NASDAQ:WAY)

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