Seven Grand Managers LLC Grows Position in Waystar Holding Corp. $WAY

Posted by Micah Haroldson on Dec 2nd, 2025

Seven Grand Managers LLC grew its holdings in Waystar Holding Corp. (NASDAQ:WAY – Free Report) by 20.0% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 600,000 shares of the company’s stock after acquiring an additional 100,000 shares during the period. Waystar comprises 2.9% of Seven Grand Managers LLC’s holdings, making the stock its 8th biggest position. Seven Grand Managers LLC’s holdings in Waystar were worth $24,522,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Central Pacific Bank Trust Division bought a new stake in Waystar in the 2nd quarter valued at $33,000. Nisa Investment Advisors LLC increased its holdings in shares of Waystar by 50.6% in the second quarter. Nisa Investment Advisors LLC now owns 1,065 shares of the company’s stock valued at $44,000 after purchasing an additional 358 shares during the last quarter. State of Wyoming acquired a new position in shares of Waystar in the first quarter valued at $54,000. Quarry LP bought a new position in shares of Waystar in the first quarter valued at about $60,000. Finally, Caitong International Asset Management Co. Ltd acquired a new stake in shares of Waystar during the 1st quarter worth about $127,000.

Waystar Stock Down 1.5%

Shares of WAY opened at $36.34 on Tuesday. The company has a current ratio of 3.89, a quick ratio of 3.89 and a debt-to-equity ratio of 0.38. Waystar Holding Corp. has a 12 month low of $29.50 and a 12 month high of $48.11. The firm’s 50 day moving average is $36.98 and its 200-day moving average is $37.53. The stock has a market capitalization of $6.95 billion, a PE ratio of 58.61, a P/E/G ratio of 0.56 and a beta of 0.63.

Insider Activity

In related news, CFO Steven M. Oreskovich sold 16,666 shares of the firm’s stock in a transaction on Wednesday, September 10th. The stock was sold at an average price of $40.49, for a total value of $674,806.34. Following the transaction, the chief financial officer owned 354,512 shares in the company, valued at approximately $14,354,190.88. This trade represents a 4.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Eric L. (Ric) Sinclair III sold 19,404 shares of the business’s stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $40.03, for a total value of $776,742.12. Following the completion of the transaction, the insider directly owned 474,826 shares of the company’s stock, valued at approximately $19,007,284.78. This trade represents a 3.93% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 4,499,581 shares of company stock worth $176,385,253. 4.10% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on WAY. Baird R W upgraded shares of Waystar to a “strong-buy” rating in a research note on Friday, September 5th. Barclays initiated coverage on Waystar in a report on Tuesday, October 14th. They set an “overweight” rating and a $50.00 price objective for the company. Robert W. Baird began coverage on Waystar in a research note on Friday, September 5th. They set an “outperform” rating and a $44.00 target price on the stock. BMO Capital Markets began coverage on Waystar in a research note on Thursday, November 13th. They issued an “outperform” rating and a $47.00 price target for the company. Finally, Citizens Jmp began coverage on Waystar in a report on Thursday, September 18th. They issued a “mkt outperform” rating and a $48.00 price objective on the stock. Three research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $48.69.

Get Our Latest Stock Analysis on WAY