ArrowMark Colorado Holdings LLC Raises Stock Position in Waystar Holding Corp. (NASDAQ:WAY)

Posted by Danessa Lincoln on May 3rd, 2025

ArrowMark Colorado Holdings LLC raised its stake in Waystar Holding Corp. (NASDAQ:WAY – Free Report) by 2.3% in the 4th quarter, HoldingsChannel reports. The firm owned 3,482,238 shares of the company’s stock after acquiring an additional 79,944 shares during the quarter. Waystar makes up 1.7% of ArrowMark Colorado Holdings LLC’s portfolio, making the stock its 10th biggest position. ArrowMark Colorado Holdings LLC’s holdings in Waystar were worth $127,798,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Global Retirement Partners LLC bought a new stake in Waystar in the 4th quarter valued at about $25,000. Mark Sheptoff Financial Planning LLC acquired a new stake in Waystar in the fourth quarter valued at approximately $48,000. RiverPark Advisors LLC increased its holdings in shares of Waystar by 25.5% during the fourth quarter. RiverPark Advisors LLC now owns 3,498 shares of the company’s stock valued at $128,000 after acquiring an additional 710 shares in the last quarter. Pictet Asset Management Holding SA acquired a new position in shares of Waystar during the fourth quarter worth approximately $237,000. Finally, Dakota Wealth Management bought a new position in shares of Waystar in the 4th quarter worth $264,000.

Insider Transactions at Waystar

In other news, CTO Christopher L. Schremser sold 8,623 shares of Waystar stock in a transaction dated Thursday, April 10th. The shares were sold at an average price of $36.36, for a total value of $313,532.28. Following the completion of the transaction, the chief technology officer now owns 438,044 shares in the company, valued at $15,927,279.84. This trade represents a 1.93 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Canada Pension Plan Investment sold 7,517,168 shares of the business’s stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $40.00, for a total transaction of $300,686,720.00. Following the completion of the sale, the insider now directly owns 29,692,286 shares in the company, valued at approximately $1,187,691,440. This trade represents a 20.20 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 13,411,461 shares of company stock worth $528,743,995 in the last quarter.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Jefferies Financial Group began coverage on shares of Waystar in a report on Tuesday, February 11th. They set a “buy” rating and a $51.00 price objective on the stock. Canaccord Genuity Group lowered their target price on shares of Waystar from $50.00 to $47.00 and set a “buy” rating on the stock in a report on Thursday. Barclays cut their price target on Waystar from $50.00 to $45.00 and set an “overweight” rating for the company in a research note on Monday, April 14th. The Goldman Sachs Group increased their price objective on Waystar from $44.00 to $52.00 and gave the stock a “buy” rating in a research note on Wednesday, February 19th. Finally, Truist Financial assumed coverage on Waystar in a research report on Friday, March 14th. They set a “buy” rating and a $45.00 target price on the stock. Twelve investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $40.08.

View Our Latest Analysis on WAY

Waystar Stock Up 3.1 %

Shares of Waystar stock opened at $40.68 on Friday. Waystar Holding Corp. has a 1 year low of $20.26 and a 1 year high of $48.11. The company has a quick ratio of 2.29, a current ratio of 2.55 and a debt-to-equity ratio of 0.40. The stock has a fifty day moving average price of $37.77 and a 200-day moving average price of $36.02.

Waystar (NASDAQ:WAY – Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The company reported $0.32 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.32. The company had revenue of $256.44 million for the quarter, compared to analysts’ expectations of $248.47 million. The business’s revenue was up 14.1% compared to the same quarter last year. On average, analysts anticipate that Waystar Holding Corp. will post 0.39 earnings per share for the current year.