Main Street Financial Solutions LLC Boosts Stake in Waystar Holding Corp. $WAY

Main Street Financial Solutions LLC boosted its stake in shares of Waystar Holding Corp. (NASDAQ:WAY) by 12.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 336,900 shares of the company’s stock after buying an additional 37,000 shares during the period. Waystar accounts for about 0.8% of Main Street Financial Solutions LLC’s investment portfolio, making the stock its 26th biggest holding. Main Street Financial Solutions LLC owned approximately 0.18% of Waystar worth $11,033,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. ANTIPODES PARTNERS Ltd lifted its holdings in shares of Waystar by 120.1% during the 3rd 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 last quarter. Smartleaf Asset Management LLC lifted its holdings in shares of Waystar by 6,005.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,160 shares of the company’s stock valued at $38,000 after purchasing an additional 1,141 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of Waystar by 3,219.0% during 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. Danske Bank A S purchased a new stake in shares of Waystar during the 4th quarter valued at $52,000. Finally, GAMMA Investing LLC lifted its holdings in shares of Waystar by 613.4% during the 4th quarter. GAMMA Investing LLC now owns 1,762 shares of the company’s stock valued at $58,000 after purchasing an additional 1,515 shares during the last quarter.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. Morgan Stanley assumed coverage on Waystar in a report on Monday, March 30th. They set an “equal weight” rating and a $28.00 price objective for the company. Loop Capital set a $33.00 price objective on Waystar in a report on Wednesday, February 18th. Wall Street Zen lowered Waystar from a “buy” rating to a “hold” rating in a report on Sunday, May 24th. Canaccord Genuity Group decreased their price objective on Waystar from $54.00 to $30.00 and set a “buy” rating for the company in a report on Wednesday, February 18th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $33.00 price objective on shares of Waystar in a report on Thursday, April 30th. Three research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $35.62.

Waystar Stock Performance

Shares of WAY stock opened at $18.25 on Thursday. The firm has a market capitalization of $3.50 billion, a price-to-earnings ratio of 27.24, a price-to-earnings-growth ratio of 0.72 and a beta of 0.10. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.76 and a quick ratio of 1.76. The business has a fifty day moving average of $21.16 and a 200 day moving average of $25.75. Waystar Holding Corp. has a 1 year low of $17.75 and a 1 year high of $41.47.

Waystar (NASDAQ:WAY) last issued its earnings results on Wednesday, April 29th. The company reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.39 by $0.03. The company had revenue of $313.87 million during the quarter, compared to analyst estimates of $311.74 million. Waystar had a return on equity of 6.99% and a net margin of 10.90%.The firm’s quarterly revenue was up 22.4% on a year-over-year basis. During the same quarter last year, the business posted $0.32 EPS. Waystar has set its FY 2026 guidance at 1.590-1.680 EPS. As a group, research analysts expect that Waystar Holding Corp. will post 1.46 earnings per share for the current year.

Waystar Company 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.