1,030,502 Shares in Waystar Holding Corp. $WAY Acquired by PointState Capital LP

PointState Capital LP purchased a new position in shares of Waystar Holding Corp. (NASDAQ:WAY) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 1,030,502 shares of the company’s stock, valued at approximately $21,156,000.

Other institutional investors also recently added to or reduced their stakes in the company. Root Financial Partners LLC boosted its holdings in shares of Waystar by 6,475.0% in the first quarter. Root Financial Partners LLC now owns 1,052 shares of the company’s stock valued at $25,000 after acquiring an additional 1,036 shares during the period. Essential Partners LLC increased its holdings in shares of Waystar by 1,432.7% in the 1st quarter. Essential Partners LLC now owns 1,548 shares of the company’s stock valued at $37,000 after acquiring an additional 1,447 shares during the period. Smartleaf Asset Management LLC increased its holdings in shares of Waystar by 6,005.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,160 shares of the company’s stock valued at $38,000 after acquiring an additional 1,141 shares during the period. Danske Bank A S purchased a new stake in Waystar in the 4th quarter valued at $52,000. Finally, EverSource Wealth Advisors LLC raised its position in Waystar by 3,219.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,394 shares of the company’s stock valued at $57,000 after purchasing an additional 1,352 shares during the last quarter.

More Waystar News

Here are the key news stories impacting Waystar this week:

• Positive Sentiment: Waystar launched new AltitudeAI agentic capabilities designed to autonomously execute revenue-cycle tasks, including claims processing, denial management, documentation, and patient billing. The company says the tools connect AI-generated insights directly to action, potentially improving provider efficiency and strengthening long-term revenue growth. Waystar Launches New Agentic Solutions Transforming AI Into Action Across the Revenue Cycle
• Positive Sentiment: Coverage of the product rollout highlights Waystar’s expansion of AI-powered tools across claims, denials, and revenue-cycle documentation. Successful adoption could increase customer value, support pricing power, and differentiate Waystar in healthcare payment software. Waystar expands AI-powered agentic revenue cycle tools
• Positive Sentiment: Needham reaffirmed its Buy rating and set a $33 price target, implying substantial upside from the referenced stock level. The endorsement may reinforce investor confidence in Waystar’s growth and AI strategy. Needham rating report
• Positive Sentiment: Waystar announced two executive leadership appointments intended to accelerate innovation, client adoption, and durable growth, adding support to management’s autonomous-revenue-cycle strategy. Waystar Expands Executive Leadership to Accelerate Innovation and Growth
• Neutral Sentiment: Waystar’s analyst/investor-day transcript and presentation provide additional detail on its strategy, but the supplied reports do not identify specific new financial guidance or targets. Waystar Analyst/Investor Day Transcript
• Neutral Sentiment: Reported short-interest data showed zero shares and a zero-day ratio, but the figures include an invalid percentage-change calculation and appear unreliable, offering little usable signal for investors.

Insider Transactions at Waystar

In other news, CEO Matthew J. Hawkins sold 60,038 shares of the stock in a transaction that occurred on 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 directly owned 1,835,081 shares of the company’s stock, valued at approximately $45,895,375.81. This represents a 3.17% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 3.50% of the company’s stock.

Wall Street Analysts Forecast Growth

WAY has been the topic of several research reports. JPMorgan Chase & Co. lowered their price objective on shares of Waystar from $40.00 to $38.00 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. Truist Financial reduced their target price on shares of Waystar from $38.00 to $33.00 and set a “buy” rating for the company in a report on Thursday, August 13th. Weiss Ratings downgraded shares of Waystar from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, June 24th. Wolfe Research raised Waystar to an “outperform” rating in a report on Thursday, August 13th. Finally, Barclays boosted their price target on Waystar from $25.00 to $27.00 and gave the company an “overweight” rating in a research report on Friday, August 7th. Three research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $35.00.

Waystar Stock Performance

NASDAQ:WAY opened at $24.17 on Thursday. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.85 and a quick ratio of 1.85. The firm has a market cap of $4.63 billion, a price-to-earnings ratio of 34.53, a price-to-earnings-growth ratio of 0.94 and a beta of 0.06. The firm’s fifty day moving average price is $22.58 and its 200 day moving average price is $22.66. Waystar Holding Corp. has a 1-year low of $17.26 and a 1-year high of $41.47.

Waystar (NASDAQ:WAY) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.03. The firm 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 firm’s revenue for the quarter was up 18.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.36 earnings per share. On average, sell-side analysts expect that Waystar Holding Corp. will post 1.47 EPS 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.