60,267 Shares in Waystar Holding Corp. $WAY Bought by Aurora Investment Counsel

Aurora Investment Counsel acquired a new position in shares of Waystar Holding Corp. (NASDAQ:WAY) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 60,267 shares of the company’s stock, valued at approximately $1,974,000.

A number of other institutional investors have also recently added to or reduced their stakes in WAY. Royal Bank of Canada grew its stake in Waystar by 11.3% during the 1st quarter. Royal Bank of Canada now owns 21,609 shares of the company’s stock worth $808,000 after buying an additional 2,195 shares during the last quarter. AQR Capital Management LLC bought a new position in Waystar during the 1st quarter worth $203,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in 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 buying an additional 22,364 shares during the last quarter. NewEdge Advisors LLC bought a new position in Waystar during the 1st quarter worth $234,000. Finally, Goldman Sachs Group Inc. grew its stake 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.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on WAY shares. Evercore set a $27.00 price objective on Waystar in a research note on Wednesday, February 18th. Deutsche Bank Aktiengesellschaft lowered their price objective on Waystar from $42.00 to $37.00 and set a “buy” rating for the company in a research note on Thursday, March 12th. Needham & Company LLC reissued a “buy” rating and issued a $33.00 price target on shares of Waystar in a research note on Thursday, April 30th. Weiss Ratings raised Waystar from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, May 4th. Finally, BMO Capital Markets decreased their price target on Waystar from $47.00 to $30.00 and set an “outperform” rating for the company in a research note on Wednesday, February 18th. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $35.62.

Waystar Trading Up 1.6%

NASDAQ:WAY opened at $18.75 on Friday. Waystar Holding Corp. has a 1 year low of $17.89 and a 1 year high of $41.47. The stock has a market cap of $3.60 billion, a price-to-earnings ratio of 27.99, a PEG ratio of 0.74 and a beta of 0.10. The business has a fifty day moving average of $21.48 and a 200-day moving average of $26.21. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.76 and a current ratio of 1.76.

Waystar (NASDAQ:WAY) last released its quarterly earnings results on Wednesday, April 29th. The company reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.03. Waystar had a return on equity of 6.99% and a net margin of 10.90%.The company had revenue of $313.87 million during the quarter, compared to analysts’ expectations of $311.74 million. During the same quarter in the prior year, the business posted $0.32 earnings per share. The company’s revenue for the quarter was up 22.4% compared to the same quarter last year. Waystar has set its FY 2026 guidance at 1.590-1.680 EPS. Equities analysts predict that Waystar Holding Corp. will post 1.46 earnings per share for the current year.

Waystar 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.