Waystar Holding Corp. (NASDAQ:WAY – Get Free Report) Director Paul G. Moskowitz sold 451,837 shares of the company’s stock in a transaction that occurred on Tuesday, May 20th. The shares were sold at an average price of $37.39, for a total transaction of $16,894,185.43. Following the sale, the director now directly owns 18,055,049 shares of the company’s stock, valued at approximately $675,078,282.11. This represents a 2.44% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Waystar Stock Up 0.2%
NASDAQ WAY opened at $39.65 on Wednesday. Waystar Holding Corp. has a 12 month low of $20.26 and a 12 month high of $48.11. The company has a current ratio of 2.55, a quick ratio of 2.29 and a debt-to-equity ratio of 0.40. The stock has a market cap of $6.86 billion and a PE ratio of 440.56. The stock’s 50 day moving average is $37.78 and its 200 day moving average is $37.09.
Waystar (NASDAQ:WAY – Get Free Report) last released its earnings results on Wednesday, April 30th. The company reported $0.32 EPS for the quarter, hitting the consensus estimate of $0.32. The company had revenue of $256.44 million during the quarter, compared to analysts’ expectations of $248.47 million. Waystar’s revenue was up 14.1% compared to the same quarter last year. Research analysts predict that Waystar Holding Corp. will post 0.39 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Get Our Latest Analysis on Waystar
Institutional Trading of Waystar
Several hedge funds have recently bought and sold shares of the stock. Intech Investment Management LLC grew its position in shares of Waystar by 94.9% during the first quarter. Intech Investment Management LLC now owns 36,622 shares of the company’s stock valued at $1,368,000 after purchasing an additional 17,830 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Waystar by 380.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 171,338 shares of the company’s stock valued at $6,401,000 after buying an additional 135,661 shares during the last quarter. Zimmer Partners LP purchased a new position in Waystar during the 1st quarter valued at approximately $11,208,000. Voleon Capital Management LP grew its holdings in Waystar by 26.9% during the 1st quarter. Voleon Capital Management LP now owns 28,023 shares of the company’s stock valued at $1,047,000 after buying an additional 5,941 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its stake in Waystar by 13.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 747,268 shares of the company’s stock worth $27,918,000 after acquiring an additional 88,256 shares during the last quarter.
Waystar Company Profile
Waystar Holding Corp. is a software company which provide healthcare payments. Waystar Holding Corp. is based in LEHI, Utah.
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