Melissa F. (Missy) Miller Sells 3,400 Shares of Waystar Holding Corp. (NASDAQ:WAY) Stock

Posted by Micah Haroldson on Feb 27th, 2025

Waystar Holding Corp. (NASDAQ:WAY – Get Free Report) CMO Melissa F. (Missy) Miller sold 3,400 shares of the stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $42.15, for a total transaction of $143,310.00. Following the sale, the chief marketing officer now directly owns 43,478 shares in the company, valued at approximately $1,832,597.70. The trade was a 7.25 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Waystar Trading Up 1.4 %

WAY stock opened at $42.35 on Thursday. The company has a current ratio of 2.55, a quick ratio of 2.29 and a debt-to-equity ratio of 0.40. Waystar Holding Corp. has a 12 month low of $20.26 and a 12 month high of $48.11. The firm has a 50-day moving average of $39.55 and a two-hundred day moving average of $32.43.

Waystar (NASDAQ:WAY – Get Free Report) last released its quarterly earnings data on Tuesday, February 18th. The company reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.15 by $0.11. The business had revenue of $244.10 million during the quarter, compared to analyst estimates of $232.29 million. As a group, equities research analysts expect that Waystar Holding Corp. will post 0.39 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on WAY shares. The Goldman Sachs Group increased their target price on shares of Waystar from $44.00 to $52.00 and gave the stock a “buy” rating in a research note on Wednesday, February 19th. Jefferies Financial Group started coverage on shares of Waystar in a research note on Tuesday, February 11th. They set a “buy” rating and a $51.00 target price on the stock. Bank of America increased their target price on shares of Waystar from $36.00 to $43.00 and gave the stock a “buy” rating in a research note on Monday, January 6th. Canaccord Genuity Group upped their price target on shares of Waystar from $42.00 to $50.00 and gave the stock a “buy” rating in a research report on Monday. Finally, Evercore ISI upped their price target on shares of Waystar from $32.00 to $36.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. Eleven investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Waystar presently has an average rating of “Buy” and an average price target of $40.36.

Read Our Latest Stock Analysis on Waystar

Institutional Trading of Waystar

A number of hedge funds have recently bought and sold shares of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in Waystar in the 4th quarter valued at about $1,309,000. Squarepoint Ops LLC increased its holdings in shares of Waystar by 0.8% during the 4th quarter. Squarepoint Ops LLC now owns 201,548 shares of the company’s stock worth $7,397,000 after buying an additional 1,548 shares during the last quarter. Two Sigma Advisers LP acquired a new stake in shares of Waystar during the 4th quarter worth approximately $517,000. Two Sigma Investments LP increased its holdings in shares of Waystar by 652.1% during the 4th quarter. Two Sigma Investments LP now owns 150,186 shares of the company’s stock worth $5,512,000 after buying an additional 130,218 shares during the last quarter. Finally, Sig Brokerage LP acquired a new stake in shares of Waystar during the 4th quarter worth approximately $1,015,000.