Capitolis Liquid Global Markets LLC Raises Stake in Waystar Holding Corp. $WAY

Capitolis Liquid Global Markets LLC increased its position in Waystar Holding Corp. (NASDAQ:WAY) by 168.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 385,600 shares of the company’s stock after buying an additional 241,900 shares during the period. Capitolis Liquid Global Markets LLC owned about 0.20% of Waystar worth $14,622,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Royal Bank of Canada boosted its position in Waystar by 11.3% during the first quarter. Royal Bank of Canada now owns 21,609 shares of the company’s stock worth $808,000 after acquiring an additional 2,195 shares during the last quarter. AQR Capital Management LLC acquired a new position in Waystar in the 1st quarter valued at $203,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Waystar by 91.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,911 shares of the company’s stock worth $1,753,000 after purchasing an additional 22,364 shares during the period. NewEdge Advisors LLC purchased a new position in shares of Waystar during the 1st quarter worth $234,000. Finally, Goldman Sachs Group Inc. boosted its holdings in shares of Waystar by 13.4% during the first quarter. Goldman Sachs Group Inc. now owns 747,268 shares of the company’s stock worth $27,918,000 after purchasing an additional 88,256 shares during the last quarter.

Insider Activity at Waystar

In related news, insider Eric L. (Ric) Sinclair III sold 40,225 shares of the business’s stock in a transaction that occurred on Tuesday, January 20th. The stock was sold at an average price of $30.08, for a total transaction of $1,209,968.00. Following the transaction, the insider directly 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 position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 4.10% of the company’s stock.

Waystar Stock Down 1.8%

Shares of Waystar stock opened at $24.16 on Friday. Waystar Holding Corp. has a twelve month low of $21.13 and a twelve month high of $42.55. The stock has a market cap of $4.63 billion, a price-to-earnings ratio of 39.61, a price-to-earnings-growth ratio of 0.94 and a beta of 0.80. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.38. The company has a fifty day moving average price of $26.97 and a 200 day moving average price of $32.97.

Waystar (NASDAQ:WAY) last released its quarterly earnings data 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 net margin of 10.20% and a return on equity of 6.86%. The company had revenue of $303.54 million during the quarter, compared to analysts’ expectations of $294.72 million. During the same period last year, the business earned $0.29 earnings per share. The company’s revenue for the quarter was up 24.3% compared to the same quarter last year. Waystar has set its FY 2026 guidance at 1.590-1.680 EPS. Equities research analysts forecast that Waystar Holding Corp. will post 0.39 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Truist Financial dropped their target price on Waystar from $51.00 to $38.00 and set a “buy” rating for the company in a research note on Wednesday, February 18th. Evercore set a $27.00 price target on Waystar in a research note on Wednesday, February 18th. Deutsche Bank Aktiengesellschaft lowered their price target on Waystar from $42.00 to $37.00 and set a “buy” rating for the company in a report on Thursday. Needham & Company LLC cut their price objective on shares of Waystar from $46.00 to $33.00 and set a “buy” rating on the stock in a report on Tuesday, February 17th. Finally, Wells Fargo & Company decreased their target price on shares of Waystar from $41.00 to $36.00 and set an “overweight” rating on the stock in a research report on Thursday, February 19th. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Waystar currently has a consensus rating of “Buy” and an average target price of $37.06.

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.