Ieq Capital LLC Invests $852,000 in Waystar Holding Corp. $WAY

Ieq Capital LLC acquired a new stake in shares of Waystar Holding Corp. (NASDAQ:WAY) in the 2nd quarter, HoldingsChannel.com reports. The firm acquired 41,497 shares of the company’s stock, valued at approximately $852,000.

Other institutional investors have also recently made changes to their positions in the company. Root Financial Partners LLC grew its stake in Waystar by 6,475.0% during the 1st quarter. Root Financial Partners LLC now owns 1,052 shares of the company’s stock worth $25,000 after buying an additional 1,036 shares during the last quarter. Essential Partners LLC raised its stake in Waystar by 1,432.7% in the first quarter. Essential Partners LLC now owns 1,548 shares of the company’s stock valued at $37,000 after buying an additional 1,447 shares during the last quarter. Smartleaf Asset Management LLC boosted its holdings in Waystar by 6,005.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,160 shares of the company’s stock worth $38,000 after acquiring an additional 1,141 shares in the last quarter. Danske Bank A S purchased a new stake in shares of Waystar during the fourth quarter worth about $52,000. Finally, EverSource Wealth Advisors LLC grew its stake in shares of Waystar by 3,219.0% during the second quarter. EverSource Wealth Advisors LLC now owns 1,394 shares of the company’s stock worth $57,000 after acquiring an additional 1,352 shares during the last quarter.

Insider Buying and Selling at Waystar

In other Waystar news, CEO Matthew J. Hawkins sold 60,038 shares of Waystar stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $25.01, for a total transaction of $1,501,550.38. Following the completion of the transaction, the chief executive officer owned 1,835,081 shares in the company, valued at approximately $45,895,375.81. This trade represents a 3.17% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 3.50% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on WAY shares. Needham & Company LLC restated a “buy” rating and set a $33.00 price objective on shares of Waystar in a report on Wednesday. Barclays boosted their target price on shares of Waystar from $25.00 to $27.00 and gave the stock an “overweight” rating in a research report on Friday, August 7th. JPMorgan Chase & Co. cut their price target on shares of Waystar from $40.00 to $38.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $39.00 price objective on shares of Waystar in a research note on Friday, July 31st. Finally, UBS Group dropped their price objective on shares of Waystar from $37.00 to $33.00 and set a “buy” rating on the stock in a report on Thursday, July 30th. Three analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Waystar currently has an average rating of “Moderate Buy” and an average price target of $35.39.

More Waystar News

Here are the key news stories impacting Waystar this week:

• Positive Sentiment: Waystar unveiled new AltitudeAI agentic capabilities designed to autonomously manage claims, denials, documentation and patient-billing workflows. The tools are intended to improve healthcare providers’ revenue-cycle efficiency and strengthen Waystar’s long-term growth opportunity. Waystar Launches New Agentic Solutions Transforming AI Into Action Across the Revenue Cycle
• Positive Sentiment: Royal Bank of Canada reaffirmed its Outperform rating and set a $44 price target, implying substantial potential upside from the referenced share price. Needham also maintained a Buy rating with a $33 target, reinforcing positive sell-side sentiment. Analyst Rating Updates
• Positive Sentiment: Management reaffirmed its long-term financial guidance during investor day, signaling that the company continues to expect its growth strategy—including AI-driven revenue-cycle automation—to remain on track. Waystar Analyst/Investor Day Slideshow
• Neutral Sentiment: Coverage of the product launch highlighted Waystar’s expansion of agentic AI across claims, denials and documentation. The rollout supports the company’s strategic positioning, but the financial impact and adoption pace have yet to be quantified. Waystar Expands AI-Powered Agentic Revenue Cycle Tools
• Negative Sentiment: RBC said the investor-day update lacked new KPIs, which disappointed investors seeking clearer evidence of execution, customer adoption and the measurable impact of the AI strategy. Waystar Reaffirms Long-Term Guidance, Lack of KPIs Disappoints, RBC Says

Waystar Price Performance

Shares of NASDAQ:WAY opened at $25.25 on Friday. Waystar Holding Corp. has a twelve month low of $17.26 and a twelve month high of $41.47. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.36. The company has a market cap of $4.84 billion, a PE ratio of 36.07, a price-to-earnings-growth ratio of 0.94 and a beta of 0.06. The company’s 50 day moving average is $22.71 and its 200 day moving average is $22.66.

Waystar (NASDAQ:WAY) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $0.43 EPS for the quarter, beating the consensus estimate of $0.40 by $0.03. The business had revenue of $319.67 million during the quarter, compared to analysts’ expectations of $316.21 million. Waystar had a net margin of 11.18% and a return on equity of 7.03%. The business’s quarterly revenue was up 18.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.36 EPS. On average, sell-side analysts forecast that Waystar Holding Corp. will post 1.47 EPS 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.