Quantbot Technologies LP Has $834,000 Stock Position in Waystar Holding Corp. $WAY

Quantbot Technologies LP reduced its position in shares of Waystar Holding Corp. (NASDAQ:WAY) by 91.6% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 21,991 shares of the company’s stock after selling 239,663 shares during the quarter. Quantbot Technologies LP’s holdings in Waystar were worth $834,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in WAY. Vanguard Group Inc. boosted its stake in shares of Waystar by 35.5% in the 3rd quarter. Vanguard Group Inc. now owns 12,289,810 shares of the company’s stock valued at $466,030,000 after purchasing an additional 3,219,586 shares during the last quarter. Alliancebernstein L.P. raised its stake in shares of Waystar by 3,883.4% during the second quarter. Alliancebernstein L.P. now owns 3,268,932 shares of the company’s stock worth $133,601,000 after buying an additional 3,186,869 shares during the last quarter. Artisan Partners Limited Partnership acquired a new position in Waystar in the third quarter valued at approximately $95,497,000. JPMorgan Chase & Co. lifted its holdings in Waystar by 152.6% in the third quarter. JPMorgan Chase & Co. now owns 2,489,572 shares of the company’s stock valued at $94,405,000 after buying an additional 1,504,026 shares during the period. Finally, Geode Capital Management LLC boosted its stake in Waystar by 14.9% in the second quarter. Geode Capital Management LLC now owns 2,376,932 shares of the company’s stock valued at $97,155,000 after acquiring an additional 309,119 shares during the last quarter.

Analysts Set New Price Targets

A number of research firms have recently weighed in on WAY. Zacks Research downgraded Waystar from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 1st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Waystar in a research note on Wednesday, January 21st. Mizuho set a $42.00 price objective on Waystar in a report on Wednesday, February 4th. Freedom Capital raised Waystar from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. Finally, UBS Group began coverage on Waystar in a report on Monday, December 15th. They set a “buy” rating and a $41.00 target price on the stock. Three research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Buy” and a consensus price target of $37.06.

Insider Transactions 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 value of $1,209,968.00. Following the completion of the transaction, the insider directly owned 474,826 shares in the company, valued at approximately $14,282,766.08. The trade was a 7.81% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CTO Christopher L. Schremser sold 8,623 shares of the stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $30.41, for a total value of $262,225.43. Following the sale, the chief technology officer directly owned 422,371 shares of the company’s stock, valued at approximately $12,844,302.11. The trade was a 2.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 58,549 shares of company stock worth $1,790,580. 4.10% of the stock is currently owned by insiders.

Waystar Price Performance

Shares of WAY stock opened at $25.71 on Friday. 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 12-month low of $21.13 and a 12-month high of $42.55. The firm has a fifty day moving average of $27.75 and a 200-day moving average of $33.36. The firm has a market capitalization of $4.93 billion, a price-to-earnings ratio of 42.15, a price-to-earnings-growth ratio of 1.00 and a beta of 0.80.

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

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.