American Century Companies Inc. Acquires Shares of 1,318,932 Waystar Holding Corp. (NASDAQ:WAY)

American Century Companies Inc. bought a new position in shares of Waystar Holding Corp. (NASDAQ:WAY) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,318,932 shares of the company’s stock, valued at approximately $28,357,000. American Century Companies Inc. owned 0.79% of Waystar at the end of the most recent quarter.

Separately, TD Asset Management Inc bought a new stake in Waystar during the second quarter worth about $1,633,000.

Waystar Stock Down 0.3 %

Waystar stock opened at $26.85 on Thursday. The company has a 50-day moving average price of $24.75. Waystar Holding Corp. has a 12 month low of $20.26 and a 12 month high of $28.57.

Waystar (NASDAQ:WAY) last issued its quarterly earnings data on Wednesday, August 7th. The company reported $0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.05. The business had revenue of $234.50 million during the quarter, compared to the consensus estimate of $216.25 million. During the same quarter last year, the business earned ($0.07) EPS. The firm’s quarterly revenue was up 19.6% compared to the same quarter last year. On average, research analysts anticipate that Waystar Holding Corp. will post -0.08 EPS for the current year.

Wall Street Analyst Weigh In

WAY has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft raised their target price on shares of Waystar from $27.00 to $31.00 and gave the company a “buy” rating in a report on Wednesday, August 14th. William Blair started coverage on shares of Waystar in a research report on Tuesday, July 2nd. They set an “outperform” rating for the company. Canaccord Genuity Group initiated coverage on Waystar in a report on Tuesday, July 2nd. They issued a “buy” rating and a $30.00 target price on the stock. Raymond James started coverage on Waystar in a report on Tuesday, July 2nd. They set an “outperform” rating and a $30.00 price target for the company. Finally, Canaccord Genuity Group began coverage on Waystar in a research note on Tuesday, July 2nd. They issued a “buy” rating and a $30.00 price objective on the stock. Eleven equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $28.90.

Waystar Profile

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