Key Points
- CMO Melissa (Missy) Miller sold 3,400 shares on Nov. 25 at an average price of $37.00 for $125,800, trimming her stake by 1.73% to 193,261 shares (≈$7.15M); the sale was disclosed in an SEC filing.
- Waystar traded around $37.04 mid-day with a market cap of about $7.09B, a P/E of 59.74, and a 12‑month range of $29.50 to $48.11.
- Analysts are broadly positive—three Strong Buy, twelve Buy and one Hold—giving an average price target of $48.69.
Waystar Holding Corp. (NASDAQ:WAY - Get Free Report) CMO Melissa (Missy) Miller sold 3,400 shares of the stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $37.00, for a total value of $125,800.00. Following the sale, the chief marketing officer owned 193,261 shares of the company's stock, valued at approximately $7,150,657. This represents a 1.73% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Waystar Stock Up 0.2%
NASDAQ:WAY traded up $0.06 during mid-day trading on Thursday, hitting $37.04. 1,575,831 shares of the company's stock traded hands, compared to its average volume of 2,091,860. The company has a fifty day moving average of $37.06 and a 200 day moving average of $37.60. The company has a debt-to-equity ratio of 0.38, a quick ratio of 3.89 and a current ratio of 3.89. Waystar Holding Corp. has a twelve month low of $29.50 and a twelve month high of $48.11. The company has a market capitalization of $7.09 billion, a P/E ratio of 59.74, a P/E/G ratio of 0.57 and a beta of 0.64.
Institutional Trading of Waystar
Hedge funds have recently made changes to their positions in the business. KLP Kapitalforvaltning AS increased its stake in Waystar by 72.7% during the 1st quarter. KLP Kapitalforvaltning AS now owns 13,300 shares of the company's stock worth $497,000 after buying an additional 5,600 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Waystar by 38.8% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 20,170 shares of the company's stock worth $754,000 after purchasing an additional 5,635 shares in the last quarter. Federated Hermes Inc. increased its holdings in Waystar by 258.2% during the 1st quarter. Federated Hermes Inc. now owns 644,694 shares of the company's stock worth $24,086,000 after purchasing an additional 464,736 shares during the period. XTX Topco Ltd acquired a new stake in Waystar in the 1st quarter valued at about $468,000. Finally, US Bancorp DE purchased a new position in shares of Waystar in the 1st quarter valued at about $537,000.
Wall Street Analyst Weigh In
A number of equities analysts recently issued reports on the company. BMO Capital Markets assumed coverage on Waystar in a research note on Thursday, November 13th. They issued an "outperform" rating and a $47.00 target price for the company. Mizuho upped their price target on Waystar from $48.00 to $50.00 and gave the stock an "outperform" rating in a report on Thursday, October 30th. JMP Securities began coverage on shares of Waystar in a research note on Thursday, September 18th. They issued a "market outperform" rating and a $48.00 price target on the stock. Needham & Company LLC started coverage on shares of Waystar in a report on Tuesday, November 11th. They set a "buy" rating and a $46.00 target price for the company. Finally, Citigroup upped their price target on Waystar from $47.00 to $49.00 and gave the company a "buy" rating in a research report on Friday, October 31st. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $48.69.
View Our Latest Stock Report on WAY
Waystar Company Profile
(
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Waystar Holding Corp. is a software company which provide healthcare payments. Waystar Holding Corp. is based in LEHI, Utah.
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