Lombard Odier Asset Management Europe Ltd Lowers Position in Waystar Holding Corp. $WAY

Lombard Odier Asset Management Europe Ltd trimmed its stake in Waystar Holding Corp. (NASDAQ:WAY) by 98.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 69,000 shares of the company’s stock after selling 5,931,000 shares during the quarter. Lombard Odier Asset Management Europe Ltd’s holdings in Waystar were worth $2,260,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the stock. ANTIPODES PARTNERS Ltd grew its holdings in Waystar by 120.1% in the third quarter. ANTIPODES PARTNERS Ltd now owns 823 shares of the company’s stock valued at $31,000 after purchasing an additional 449 shares during the period. Kennedy Capital Management LLC grew its stake in Waystar by 0.5% during the fourth quarter. Kennedy Capital Management LLC now owns 106,207 shares of the company’s stock worth $3,478,000 after buying an additional 559 shares during the period. Pacer Advisors Inc. grew its stake in Waystar by 22.1% during the fourth quarter. Pacer Advisors Inc. now owns 3,144 shares of the company’s stock worth $103,000 after buying an additional 569 shares during the period. State of Wyoming grew its stake in Waystar by 45.1% during the second quarter. State of Wyoming now owns 2,098 shares of the company’s stock worth $86,000 after buying an additional 652 shares during the period. Finally, EverSource Wealth Advisors LLC grew its stake in Waystar by 51.6% during the third quarter. EverSource Wealth Advisors LLC now owns 2,113 shares of the company’s stock worth $80,000 after buying an additional 719 shares during the period.

Waystar Stock Down 0.9%

Shares of NASDAQ:WAY opened at $18.38 on Wednesday. The stock has a market capitalization of $3.53 billion, a price-to-earnings ratio of 27.43, a price-to-earnings-growth ratio of 0.73 and a beta of 0.10. Waystar Holding Corp. has a 1-year low of $17.89 and a 1-year high of $41.47. The company’s fifty day moving average is $21.26 and its two-hundred day moving average is $25.88. 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 issued its earnings results on Wednesday, April 29th. The company reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.03. The company had revenue of $313.87 million for the quarter, compared to analysts’ expectations of $311.74 million. Waystar had a net margin of 10.90% and a return on equity of 6.99%. The firm’s revenue was up 22.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.32 earnings per share. Waystar has set its FY 2026 guidance at 1.590-1.680 EPS. Equities analysts anticipate that Waystar Holding Corp. will post 1.46 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on WAY shares. JPMorgan Chase & Co. decreased their price objective on shares of Waystar from $40.00 to $38.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. Canaccord Genuity Group lowered their price target on shares of Waystar from $54.00 to $30.00 and set a “buy” rating for the company in a report on Wednesday, February 18th. 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. The Goldman Sachs Group cut their price objective on shares of Waystar from $44.00 to $38.00 and set a “buy” rating on the stock in a report on Wednesday, February 18th. Finally, UBS Group decreased their price objective on shares of Waystar from $41.00 to $37.00 and set a “buy” rating for the company in a research report on Thursday, April 30th. Three research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Waystar presently has a consensus rating of “Buy” and an average target price of $35.62.

About Waystar

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.