Fieldview Capital Management LLC Makes New $1.30 Million Investment in Waystar Holding Corp. $WAY

Fieldview Capital Management LLC purchased a new stake in shares of Waystar Holding Corp. (NASDAQ:WAY) during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund purchased 34,320 shares of the company’s stock, valued at approximately $1,301,000.

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

Insider Buying and Selling at Waystar

In other Waystar news, CTO Christopher L. Schremser sold 8,623 shares of the stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $30.41, for a total transaction of $262,225.43. Following the transaction, the chief technology officer directly owned 422,371 shares of the company’s stock, valued at $12,844,302.11. This trade represents a 2.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, 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 sale, the insider owned 474,826 shares in the company, valued at approximately $14,282,766.08. This trade represents a 7.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 58,549 shares of company stock worth $1,790,580. Insiders own 4.10% of the company’s stock.

Waystar Price Performance

Shares of Waystar stock opened at $25.88 on Tuesday. The firm has a market cap of $4.96 billion, a PE ratio of 42.43, a P/E/G ratio of 1.00 and a beta of 0.80. The business has a 50-day moving average price of $27.61 and a 200 day moving average price of $33.28. 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:WAY) last posted its quarterly earnings data on Tuesday, February 17th. The company reported $0.36 EPS for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.03). Waystar had a net margin of 10.20% and a return on equity of 6.86%. The business had revenue of $303.54 million during the quarter, compared to analysts’ expectations of $294.72 million. During the same quarter last year, the firm earned $0.29 earnings per share. The firm’s quarterly revenue was up 24.3% compared to the same quarter last year. Waystar has set its FY 2026 guidance at 1.590-1.680 EPS. Sell-side analysts predict that Waystar Holding Corp. will post 0.39 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

WAY has been the topic of several recent research reports. Truist Financial dropped their price objective on shares of Waystar from $51.00 to $38.00 and set a “buy” rating on the stock in a report on Wednesday, February 18th. UBS Group assumed coverage on shares of Waystar in a report on Monday, December 15th. They set a “buy” rating and a $41.00 target price for the company. Evercore set a $27.00 price target on shares of Waystar in a report on Wednesday, February 18th. TD Cowen reaffirmed a “buy” rating on shares of Waystar in a research report on Wednesday, February 18th. Finally, Freedom Capital raised Waystar from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. Three research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Waystar presently has a consensus rating of “Buy” and a consensus target price of $37.06.

Waystar Company Profile

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.