Fieldview Capital Management LLC Invests $1.30 Million in Waystar Holding Corp. $WAY

Fieldview Capital Management LLC purchased a new position in Waystar Holding Corp. (NASDAQ:WAY) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 34,320 shares of the company’s stock, valued at approximately $1,301,000.

Several other large investors also recently added to or reduced their stakes in WAY. Swiss National Bank raised its stake in shares of Waystar by 65.8% during the third quarter. Swiss National Bank now owns 218,000 shares of the company’s stock valued at $8,267,000 after acquiring an additional 86,500 shares in the last quarter. WINTON GROUP Ltd bought a new position in shares of Waystar during the 3rd quarter worth $558,000. Vinva Investment Management Ltd bought a new stake in shares of Waystar in the third quarter valued at about $319,000. Natixis Advisors LLC bought a new position in Waystar during the 3rd quarter worth about $611,000. Finally, Blair William & Co. IL raised its holdings in shares of Waystar by 39.6% in the 3rd quarter. Blair William & Co. IL now owns 141,873 shares of the company’s stock valued at $5,380,000 after purchasing an additional 40,231 shares in the last quarter.

Analysts Set New Price Targets

Several analysts have issued reports on WAY shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Waystar in a research report on Wednesday, January 21st. BMO Capital Markets decreased their price target on shares of Waystar from $47.00 to $30.00 and set an “outperform” rating for the company in a research report on Wednesday, February 18th. Needham & Company LLC cut their price objective on shares of Waystar from $46.00 to $33.00 and set a “buy” rating on the stock in a research report on Tuesday, February 17th. Truist Financial reduced their price objective on shares of Waystar from $51.00 to $38.00 and set a “buy” rating for the company in a research note on Wednesday, February 18th. Finally, Wells Fargo & Company decreased their target price on shares of Waystar from $41.00 to $36.00 and set an “overweight” rating for the company in a research report on Thursday, February 19th. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Waystar has a consensus rating of “Buy” and an average target price of $37.06.

Waystar Stock Up 0.7%

Shares of WAY stock opened at $25.88 on Tuesday. The stock’s fifty day moving average price is $27.61 and its 200 day moving average price is $33.28. Waystar Holding Corp. has a 1-year low of $21.13 and a 1-year high of $42.55. The company has a market cap of $4.96 billion, a price-to-earnings ratio of 42.43, a price-to-earnings-growth ratio of 1.00 and a beta of 0.80. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.41 and a quick ratio of 1.41.

Waystar (NASDAQ:WAY) last released its quarterly earnings results on Tuesday, February 17th. The company reported $0.36 EPS for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.03). Waystar had a net margin of 10.20% and a return on equity of 6.86%. The business had revenue of $303.54 million during the quarter, compared to analysts’ expectations of $294.72 million. During the same quarter last year, the business posted $0.29 earnings per share. The company’s quarterly revenue was up 24.3% compared to the same quarter last year. Waystar has set its FY 2026 guidance at 1.590-1.680 EPS. On average, research analysts expect that Waystar Holding Corp. will post 0.39 earnings per share for the current fiscal year.

Insider Activity at Waystar

In other Waystar news, insider Eric L. (Ric) Sinclair III sold 40,225 shares of the firm’s stock in a transaction on Tuesday, January 20th. The shares were sold at an average price of $30.08, for a total value of $1,209,968.00. Following the completion of the transaction, the insider owned 474,826 shares of the company’s stock, valued at approximately $14,282,766.08. This trade represents a 7.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CTO Christopher L. Schremser sold 8,623 shares of Waystar stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $30.41, for a total transaction of $262,225.43. Following the sale, the chief technology officer owned 422,371 shares of the company’s stock, valued at $12,844,302.11. The trade was a 2.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 58,549 shares of company stock valued at $1,790,580 over the last ninety days. 4.10% of the stock is currently owned by insiders.

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.