Mawer Investment Management Ltd. Invests $11.06 Million in Waystar Holding Corp. $WAY

Mawer Investment Management Ltd. acquired a new stake in Waystar Holding Corp. (NASDAQ:WAY) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 337,732 shares of the company’s stock, valued at approximately $11,061,000. Mawer Investment Management Ltd. owned 0.18% of Waystar at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of WAY. BNP Paribas Financial Markets boosted its holdings in Waystar by 1,562.9% in the 4th quarter. BNP Paribas Financial Markets now owns 375,380 shares of the company’s stock valued at $12,294,000 after purchasing an additional 352,806 shares during the period. Norges Bank bought a new position in shares of Waystar during the 4th quarter worth about $44,627,000. SBI Okasan Asset Management Co.Ltd. acquired a new position in shares of Waystar during the fourth quarter valued at about $191,000. Intech Investment Management LLC lifted its stake in shares of Waystar by 104.1% in the fourth quarter. Intech Investment Management LLC now owns 94,199 shares of the company’s stock valued at $3,085,000 after buying an additional 48,051 shares during the period. Finally, Geode Capital Management LLC lifted its stake in shares of Waystar by 7.1% in the fourth quarter. Geode Capital Management LLC now owns 3,398,053 shares of the company’s stock valued at $111,300,000 after buying an additional 224,908 shares during the period.

Waystar Stock Up 10.1%

WAY opened at $21.92 on Tuesday. The firm has a market cap of $4.20 billion, a price-to-earnings ratio of 32.72, a PEG ratio of 0.79 and a beta of 0.11. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.76 and a current ratio of 1.76. The firm’s 50-day simple moving average is $22.31 and its 200-day simple moving average is $27.16. Waystar Holding Corp. has a twelve month low of $17.89 and a twelve month high of $41.49.

Waystar (NASDAQ:WAY) last released its quarterly earnings results on Wednesday, April 29th. The company reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.03. The firm had revenue of $313.87 million for the quarter, compared to analyst estimates of $311.74 million. Waystar had a net margin of 10.90% and a return on equity of 6.99%. The company’s revenue for the quarter was up 22.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.32 earnings per share. Waystar has set its FY 2026 guidance at 1.590-1.680 EPS. Equities research analysts anticipate that Waystar Holding Corp. will post 1.45 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have commented on the company. Needham & Company LLC reaffirmed a “buy” rating and issued a $33.00 price target on shares of Waystar in a report on Thursday, April 30th. Citigroup decreased their price objective on Waystar from $35.00 to $30.00 and set a “buy” rating on the stock in a report on Tuesday, May 5th. Morgan Stanley started coverage on Waystar in a research report on Monday, March 30th. They set an “equal weight” rating and a $28.00 price objective on the stock. Wall Street Zen lowered Waystar from a “buy” rating to a “hold” rating in a research note on Sunday, May 24th. Finally, Evercore set a $27.00 target price on Waystar in a research report on Wednesday, February 18th. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Waystar currently has a consensus rating of “Buy” and an average price target of $35.62.

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.