Waystar Holding Corp. $WAY Shares Bought by Quantbot Technologies LP

Posted by Danessa Lincoln on Aug 18th, 2025

Quantbot Technologies LP lifted its holdings in Waystar Holding Corp. (NASDAQ:WAY – Free Report) by 578.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 299,913 shares of the company’s stock after acquiring an additional 255,708 shares during the period. Quantbot Technologies LP owned approximately 0.17% of Waystar worth $11,205,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in Waystar by 62.1% during the 1st quarter. Vanguard Group Inc. now owns 8,090,547 shares of the company’s stock valued at $302,263,000 after purchasing an additional 3,099,211 shares in the last quarter. ArrowMark Colorado Holdings LLC grew its holdings in Waystar by 2.3% during the 4th quarter. ArrowMark Colorado Holdings LLC now owns 3,482,238 shares of the company’s stock valued at $127,798,000 after purchasing an additional 79,944 shares in the last quarter. Invesco Ltd. grew its holdings in Waystar by 9,107.1% during the 1st quarter. Invesco Ltd. now owns 2,040,285 shares of the company’s stock valued at $76,225,000 after purchasing an additional 2,018,125 shares in the last quarter. Fuller & Thaler Asset Management Inc. acquired a new stake in Waystar during the 4th quarter valued at $56,804,000. Finally, Farallon Capital Management LLC acquired a new stake in Waystar during the 4th quarter valued at $49,251,000.

Insider Activity

In other Waystar news, CEO Matthew J. Hawkins sold 46,667 shares of the business’s stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $34.66, for a total transaction of $1,617,478.22. Following the sale, the chief executive officer directly owned 764,131 shares in the company, valued at approximately $26,484,780.46. The trade was a 5.76% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Eric L. (Ric) Sinclair III sold 9,702 shares of the business’s stock in a transaction dated Monday, July 21st. The stock was sold at an average price of $37.10, for a total transaction of $359,944.20. Following the sale, the insider owned 490,870 shares in the company, valued at $18,211,277. This trade represents a 1.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 1,651,716 shares of company stock valued at $62,154,831. 4.10% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Citigroup initiated coverage on shares of Waystar in a report on Wednesday, June 25th. They set a “buy” rating and a $45.00 price target for the company. Canaccord Genuity Group cut their target price on shares of Waystar from $50.00 to $47.00 and set a “buy” rating on the stock in a research note on Thursday, May 1st. Truist Financial increased their price target on shares of Waystar from $50.00 to $51.00 and gave the stock a “buy” rating in a research report on Thursday, July 17th. Mizuho assumed coverage on shares of Waystar in a research report on Monday, June 30th. They set an “outperform” rating and a $48.00 price target on the stock. Finally, TD Cowen upgraded shares of Waystar to a “strong-buy” rating in a research report on Thursday, June 5th. Eleven research analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $43.25.

Read Our Latest Stock Analysis on Waystar

Waystar Trading Up 1.6%

Shares of NASDAQ:WAY opened at $36.08 on Monday. The company has a market cap of $6.29 billion, a PE ratio of 75.17, a P/E/G ratio of 0.66 and a beta of 0.79. The company’s 50-day moving average price is $37.43 and its 200 day moving average price is $38.57. Waystar Holding Corp. has a fifty-two week low of $24.94 and a fifty-two week high of $48.11. The company has a quick ratio of 3.43, a current ratio of 3.43 and a debt-to-equity ratio of 0.39.

Waystar (NASDAQ:WAY – Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.03. The firm had revenue of $270.65 million for the quarter, compared to the consensus estimate of $255.26 million. Waystar had a net margin of 8.50% and a return on equity of 5.65%. Waystar’s quarterly revenue was up 15.4% compared to the same quarter last year. During the same period last year, the firm posted $0.04 EPS. Sell-side analysts anticipate that Waystar Holding Corp. will post 0.39 earnings per share for the current year.