Waystar Holding Corp. $WAY is Capricorn Fund Managers Ltd’s 2nd Largest Position

Capricorn Fund Managers Ltd grew its position in Waystar Holding Corp. (NASDAQ:WAY) by 46.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 738,263 shares of the company’s stock after acquiring an additional 233,141 shares during the quarter. Waystar comprises approximately 5.8% of Capricorn Fund Managers Ltd’s portfolio, making the stock its 2nd biggest position. Capricorn Fund Managers Ltd owned approximately 0.39% of Waystar worth $24,178,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of WAY. Salomon & Ludwin LLC purchased a new stake in Waystar in the 3rd quarter valued at $25,000. ANTIPODES PARTNERS Ltd raised its holdings in shares of Waystar by 120.1% in the third quarter. ANTIPODES PARTNERS Ltd now owns 823 shares of the company’s stock valued at $31,000 after buying an additional 449 shares during the last quarter. First Horizon Corp purchased a new stake in shares of Waystar in the third quarter valued at about $38,000. EverSource Wealth Advisors LLC boosted its stake in shares of Waystar by 3,219.0% during the second quarter. EverSource Wealth Advisors LLC now owns 1,394 shares of the company’s stock worth $57,000 after buying an additional 1,352 shares during the period. Finally, GAMMA Investing LLC boosted its stake in shares of Waystar by 613.4% during the fourth quarter. GAMMA Investing LLC now owns 1,762 shares of the company’s stock worth $58,000 after buying an additional 1,515 shares during the period.

Waystar Stock Performance

Shares of WAY stock opened at $23.74 on Monday. The stock has a fifty day moving average price of $24.89 and a 200 day moving average price of $31.44. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.41 and a current ratio of 1.41. The stock has a market cap of $4.55 billion, a PE ratio of 38.92, a P/E/G ratio of 0.92 and a beta of 0.87. Waystar Holding Corp. has a 1 year low of $21.13 and a 1 year high of $42.55.

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

Insiders Place Their Bets

In other Waystar news, insider Eric L. (Ric) Sinclair III sold 40,225 shares of Waystar stock in a transaction dated 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 completion of the transaction, the insider owned 474,826 shares in the company, 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 accessible through this link. Company insiders own 4.10% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Wells Fargo & Company dropped their price target on Waystar from $41.00 to $36.00 and set an “overweight” rating on the stock in a research report on Thursday, February 19th. Truist Financial lowered their target price on Waystar from $51.00 to $38.00 and set a “buy” rating on the stock in a research note on Wednesday, February 18th. Mizuho set a $42.00 target price on Waystar in a report on Wednesday, February 4th. BMO Capital Markets cut their price target on Waystar from $47.00 to $30.00 and set an “outperform” rating for the company in a research note on Wednesday, February 18th. Finally, Leerink Partners began coverage on Waystar in a report on Monday, February 2nd. They set an “outperform” rating and a $43.00 price target for the company. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $36.58.

About Waystar

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.