Waystar Holding Corp. (NASDAQ:WAY - Get Free Report) CMO Melissa F. (Missy) Miller sold 3,400 shares of Waystar stock in a transaction on Friday, February 21st. The shares were sold at an average price of $42.15, for a total transaction of $143,310.00. Following the completion of the sale, the chief marketing officer now owns 43,478 shares in the company, valued at approximately $1,832,597.70. This represents a 7.25 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.
Waystar Stock Up 2.4 %
NASDAQ:WAY traded up $1.02 during mid-day trading on Friday, hitting $43.47. 2,995,173 shares of the stock traded hands, compared to its average volume of 2,007,424. Waystar Holding Corp. has a 52 week low of $20.26 and a 52 week high of $48.11. The firm's 50 day moving average is $39.82 and its two-hundred day moving average is $32.63. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.29 and a current ratio of 2.55.
Waystar (NASDAQ:WAY - Get Free Report) last released its quarterly earnings data on Tuesday, February 18th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.11. The company had revenue of $244.10 million during the quarter, compared to analysts' expectations of $232.29 million. As a group, equities research analysts predict that Waystar Holding Corp. will post 0.39 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Waystar
Several large investors have recently added to or reduced their stakes in WAY. Global Retirement Partners LLC purchased a new stake in Waystar in the 4th quarter valued at about $25,000. Amalgamated Bank purchased a new stake in Waystar in the 3rd quarter valued at about $41,000. Mark Sheptoff Financial Planning LLC purchased a new stake in Waystar in the 4th quarter valued at about $48,000. Smithfield Trust Co purchased a new stake in Waystar in the 3rd quarter valued at about $68,000. Finally, RiverPark Advisors LLC purchased a new stake in Waystar in the 3rd quarter valued at about $78,000.
Analysts Set New Price Targets
A number of analysts have recently weighed in on the stock. Jefferies Financial Group assumed coverage on shares of Waystar in a report on Tuesday, February 11th. They issued a "buy" rating and a $51.00 target price on the stock. The Goldman Sachs Group boosted their target price on shares of Waystar from $44.00 to $52.00 and gave the stock a "buy" rating in a report on Wednesday, February 19th. Evercore ISI boosted their target price on shares of Waystar from $32.00 to $36.00 and gave the stock an "outperform" rating in a report on Thursday, November 7th. Canaccord Genuity Group boosted their target price on shares of Waystar from $42.00 to $50.00 and gave the stock a "buy" rating in a report on Monday, February 24th. Finally, Royal Bank of Canada boosted their target price on shares of Waystar from $31.00 to $34.00 and gave the stock an "outperform" rating in a report on Thursday, November 7th. Eleven equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average target price of $40.36.
Check Out Our Latest Stock Analysis on Waystar
Waystar Company Profile
(
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Waystar Holding Corp. is a software company which provide healthcare payments. Waystar Holding Corp. is based in LEHI, Utah.
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