Waystar Holding Corp. $WAY Shares Acquired by New York State Common Retirement Fund

Posted by Nicole Kennedy on Dec 3rd, 2025

New York State Common Retirement Fund boosted its position in Waystar Holding Corp. (NASDAQ:WAY – Free Report) by 5.6% in the second quarter, Holdings Channel.com reports. The firm owned 390,747 shares of the company’s stock after acquiring an additional 20,700 shares during the quarter. New York State Common Retirement Fund’s holdings in Waystar were worth $15,970,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. Norges Bank purchased a new position in shares of Waystar during the 2nd quarter worth approximately $46,577,000. Hsbc Holdings PLC boosted its stake in shares of Waystar by 338.2% in the second quarter. Hsbc Holdings PLC now owns 308,312 shares of the company’s stock valued at $12,531,000 after buying an additional 237,952 shares in the last quarter. Capital Fund Management S.A. acquired a new position in Waystar during the second quarter worth $3,418,000. Bullseye Asset Management LLC acquired a new position in Waystar during the second quarter worth $3,188,000. Finally, Ameritas Investment Partners Inc. raised its position in Waystar by 4.7% in the second quarter. Ameritas Investment Partners Inc. now owns 27,714 shares of the company’s stock worth $1,132,000 after acquiring an additional 1,250 shares in the last quarter.

Waystar Trading Down 3.8%

NASDAQ:WAY opened at $34.97 on Wednesday. Waystar Holding Corp. has a 52-week low of $29.50 and a 52-week high of $48.11. The company has a quick ratio of 3.89, a current ratio of 3.89 and a debt-to-equity ratio of 0.38. The stock has a fifty day simple moving average of $36.93 and a 200-day simple moving average of $37.50. The company has a market capitalization of $6.69 billion, a PE ratio of 56.40, a price-to-earnings-growth ratio of 0.55 and a beta of 0.64.

Analyst Upgrades and Downgrades

Several brokerages have commented on WAY. Zacks Research upgraded shares of Waystar from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 3rd. Citigroup raised their price objective on shares of Waystar from $47.00 to $49.00 and gave the company a “buy” rating in a research note on Friday, October 31st. Baird R W upgraded shares of Waystar to a “strong-buy” rating in a research report on Friday, September 5th. BMO Capital Markets initiated coverage on shares of Waystar in a report on Thursday, November 13th. They issued an “outperform” rating and a $47.00 target price for the company. Finally, Citizens Jmp started coverage on shares of Waystar in a research report on Thursday, September 18th. They set a “mkt outperform” rating and a $48.00 price target for the company. Three research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $48.69.

Get Our Latest Research Report on WAY

Insider Activity at Waystar

In other news, CEO Matthew J. Hawkins sold 12,800 shares of the firm’s stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $38.08, for a total transaction of $487,424.00. Following the completion of the transaction, the chief executive officer directly owned 717,474 shares of the company’s stock, valued at $27,321,409.92. This trade represents a 1.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider T. Craig Bridge sold 85,000 shares of Waystar stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $40.06, for a total value of $3,405,100.00. Following the transaction, the insider owned 583,355 shares of the company’s stock, valued at $23,369,201.30. This represents a 12.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 4,499,581 shares of company stock valued at $176,385,253 in the last quarter. 4.10% of the stock is owned by corporate insiders.