Waystar Holding Corp. $WAY Shares Bought by Intech Investment Management LLC

Intech Investment Management LLC grew its holdings in Waystar Holding Corp. (NASDAQ:WAY) by 104.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 94,199 shares of the company’s stock after acquiring an additional 48,051 shares during the period. Intech Investment Management LLC’s holdings in Waystar were worth $3,085,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Vanguard Group Inc. raised its stake in shares of Waystar by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 12,330,872 shares of the company’s stock valued at $403,836,000 after acquiring an additional 41,062 shares during the period. William Blair Investment Management LLC raised its stake in shares of Waystar by 0.4% in the 4th quarter. William Blair Investment Management LLC now owns 5,282,220 shares of the company’s stock valued at $172,993,000 after acquiring an additional 19,033 shares during the period. Alliancebernstein L.P. raised its stake in shares of Waystar by 4.5% in the 3rd quarter. Alliancebernstein L.P. now owns 3,415,442 shares of the company’s stock valued at $129,514,000 after acquiring an additional 146,510 shares during the period. Geode Capital Management LLC raised its stake in shares of Waystar by 7.1% in the 4th quarter. Geode Capital Management LLC now owns 3,398,053 shares of the company’s stock valued at $111,300,000 after acquiring an additional 224,908 shares during the period. Finally, Invesco Ltd. raised its stake in shares of Waystar by 63.0% in the 3rd quarter. Invesco Ltd. now owns 3,130,230 shares of the company’s stock valued at $118,698,000 after acquiring an additional 1,209,276 shares during the period.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on WAY shares. Evercore set a $27.00 target price on shares of Waystar in a research note on Wednesday, February 18th. The Goldman Sachs Group cut their target price on shares of Waystar from $44.00 to $38.00 and set a “buy” rating on the stock in a research note on Wednesday, February 18th. JPMorgan Chase & Co. dropped 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. Canaccord Genuity Group dropped their price target on shares of Waystar from $54.00 to $30.00 and set a “buy” rating on the stock in a research note on Wednesday, February 18th. Finally, Freedom Capital raised shares of Waystar from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. Three analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $35.62.

Waystar Price Performance

WAY opened at $20.82 on Wednesday. The company has a 50-day moving average of $22.31 and a 200-day moving average of $27.16. The company has a market capitalization of $3.99 billion, a P/E ratio of 31.07, a PEG ratio of 0.87 and a beta of 0.10. Waystar Holding Corp. has a 1-year low of $17.89 and a 1-year high of $41.49. 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 released its earnings results on Wednesday, April 29th. The company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.03. The company had revenue of $313.87 million during the quarter, compared to the consensus estimate of $311.74 million. Waystar had a net margin of 10.90% and a return on equity of 6.99%. The company’s revenue was up 22.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.32 EPS. Waystar has set its FY 2026 guidance at 1.590-1.680 EPS. Equities analysts expect that Waystar Holding Corp. will post 1.45 EPS for the current fiscal 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.