200,167 Shares in Waystar Holding Corp. $WAY Bought by Roubaix Capital LLC

Roubaix Capital LLC bought a new stake in Waystar Holding Corp. (NASDAQ:WAY) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 200,167 shares of the company’s stock, valued at approximately $4,826,000. Waystar accounts for 2.3% of Roubaix Capital LLC’s holdings, making the stock its 23rd largest position.

A number of other institutional investors have also bought and sold shares of WAY. Aurora Investment Counsel grew its holdings in Waystar by 31.1% during the 1st quarter. Aurora Investment Counsel now owns 79,000 shares of the company’s stock worth $1,905,000 after acquiring an additional 18,733 shares during the period. Bank of New York Mellon Corp grew its position in shares of Waystar by 2.2% during the 1st quarter. Bank of New York Mellon Corp now owns 699,892 shares of the company’s stock worth $16,874,000 after buying an additional 15,106 shares during the period. Emerald Mutual Fund Advisers Trust increased its stake in shares of Waystar by 236.6% in the 1st quarter. Emerald Mutual Fund Advisers Trust now owns 55,155 shares of the company’s stock valued at $1,330,000 after acquiring an additional 38,767 shares in the last quarter. Bleakley Financial Group LLC bought a new stake in shares of Waystar in the 1st quarter valued at $460,000. Finally, Fifth Third Bancorp lifted its position in shares of Waystar by 15,555.2% during the 1st quarter. Fifth Third Bancorp now owns 25,518 shares of the company’s stock valued at $615,000 after acquiring an additional 25,355 shares during the period.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Raymond James Financial reissued a “strong-buy” rating and set a $32.00 target price on shares of Waystar in a research note on Thursday, April 30th. Needham & Company LLC reaffirmed a “buy” rating and set a $33.00 price target on shares of Waystar in a research note on Thursday, April 30th. Wall Street Zen cut Waystar from a “buy” rating to a “hold” rating in a research note on Sunday, May 24th. Weiss Ratings cut Waystar from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, June 24th. Finally, Citigroup decreased their price objective on Waystar from $35.00 to $30.00 and set a “buy” rating for the company in a report on Tuesday, May 5th. Three investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $35.36.

Waystar Stock Down 3.9%

Waystar stock opened at $22.27 on Friday. The firm has a market capitalization of $4.27 billion, a price-to-earnings ratio of 33.24, a price-to-earnings-growth ratio of 0.88 and a beta of 0.08. The company has a current ratio of 1.76, a quick ratio of 1.76 and a debt-to-equity ratio of 0.37. Waystar Holding Corp. has a 1-year low of $17.26 and a 1-year high of $41.47. The firm’s fifty day moving average price is $20.18 and its two-hundred day moving average price is $23.95.

Waystar (NASDAQ:WAY) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.03. The firm had revenue of $313.87 million during the quarter, compared to analyst estimates of $311.74 million. Waystar had a return on equity of 6.99% and a net margin of 10.90%.The company’s revenue for the quarter was up 22.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.32 EPS. Waystar has set its FY 2026 guidance at 1.590-1.680 EPS. On average, equities research analysts predict that Waystar Holding Corp. will post 1.46 earnings per share for the current fiscal 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.