36,769 Shares in Waystar Holding Corp. (NASDAQ:WAY) Bought by Sculptor Capital LP

Sculptor Capital LP acquired a new stake in Waystar Holding Corp. (NASDAQ:WAY - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 36,769 shares of the company's stock, valued at approximately $791,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Millennium Management LLC purchased a new position in Waystar in the 2nd quarter worth $8,171,000. Deerfield Management Company L.P. Series C acquired a new position in Waystar in the 2nd quarter worth approximately $106,468,000. Dragoneer Investment Group LLC acquired a new stake in Waystar during the 2nd quarter valued at approximately $4,300,000. Empyrean Capital Partners LP purchased a new stake in shares of Waystar in the 2nd quarter valued at $4,300,000. Finally, TPG GP A LLC purchased a new position in shares of Waystar during the second quarter worth $85,910,000.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Raymond James started coverage on shares of Waystar in a report on Tuesday, July 2nd. They issued an "outperform" rating and a $30.00 price target on the stock. Bank of America started coverage on Waystar in a research note on Tuesday, July 2nd. They issued a "buy" rating and a $27.00 price objective for the company. Deutsche Bank Aktiengesellschaft upped their price target on Waystar from $27.00 to $31.00 and gave the company a "buy" rating in a research report on Wednesday, August 14th. JPMorgan Chase & Co. raised their target price on Waystar from $24.00 to $27.00 and gave the stock an "overweight" rating in a research note on Monday, August 19th. Finally, William Blair began coverage on shares of Waystar in a research note on Tuesday, July 2nd. They set an "outperform" rating on the stock. Eleven investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock has an average rating of "Buy" and an average target price of $28.90.

Waystar Trading Down 0.5 %

WAY traded down $0.15 on Friday, hitting $27.78. 756,513 shares of the company were exchanged, compared to its average volume of 912,853. The business has a fifty day moving average price of $25.40. Waystar Holding Corp. has a fifty-two week low of $20.26 and a fifty-two week high of $28.57.

Waystar (NASDAQ:WAY - Get Free Report) last posted its earnings results on Wednesday, August 7th. The company reported $0.04 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.05. The business had revenue of $234.50 million for the quarter, compared to analysts' expectations of $216.25 million. During the same quarter last year, the business posted ($0.07) earnings per share. The business's revenue was up 19.6% compared to the same quarter last year. Analysts predict that Waystar Holding Corp. will post -0.08 EPS for the current year.

About Waystar

Waystar Holding Corp. is a software company which provide healthcare payments. Waystar Holding Corp. is based in LEHI, Utah.