Waystar Holding Corp. (NASDAQ:WAY) Short Interest Update

Posted by Defense World Staff on Mar 31st, 2025

Waystar Holding Corp. (NASDAQ:WAY – Get Free Report) was the target of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 4,430,000 shares, a growth of 50.2% from the February 28th total of 2,950,000 shares. Currently, 4.6% of the shares of the stock are short sold. Based on an average daily volume of 1,980,000 shares, the short-interest ratio is currently 2.2 days.

Insider Buying and Selling at Waystar

In related news, major shareholder Canada Pension Plan Investment sold 7,517,168 shares of the company’s stock in a transaction 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 sale, the insider now owns 29,692,286 shares of the company’s stock, valued at $1,187,691,440. This represents a 20.20 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CMO Melissa F. (Missy) Miller sold 3,400 shares of Waystar stock in a transaction on Friday, February 21st. The stock was sold at an average price of $42.15, for a total transaction of $143,310.00. Following the completion of the transaction, the chief marketing officer now directly owns 43,478 shares of the company’s stock, valued at $1,832,597.70. The trade was a 7.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 13,356,171 shares of company stock valued at $526,733,651 in the last 90 days.

Institutional Investors Weigh In On Waystar

Institutional investors have recently modified their holdings of the business. Norges Bank acquired a new stake in shares of Waystar in the fourth quarter valued at about $119,387,000. Fuller & Thaler Asset Management Inc. acquired a new stake in Waystar in the 4th quarter worth about $56,804,000. Farallon Capital Management LLC purchased a new stake in Waystar during the 4th quarter worth approximately $49,251,000. Vanguard Group Inc. increased its stake in Waystar by 26.8% during the 4th quarter. Vanguard Group Inc. now owns 4,991,336 shares of the company’s stock worth $183,182,000 after buying an additional 1,054,180 shares in the last quarter. Finally, Geode Capital Management LLC raised its holdings in shares of Waystar by 697.5% during the third quarter. Geode Capital Management LLC now owns 1,101,424 shares of the company’s stock valued at $30,724,000 after acquiring an additional 963,316 shares during the last quarter.

Analyst Ratings Changes

WAY has been the topic of several recent analyst reports. Barclays increased their price target on Waystar from $42.00 to $50.00 and gave the stock an “overweight” rating in a report on Wednesday, February 19th. Truist Financial started coverage on Waystar in a research report on Friday, March 14th. They issued a “buy” rating and a $45.00 price objective on the stock. Canaccord Genuity Group lifted their target price on Waystar from $42.00 to $50.00 and gave the stock a “buy” rating in a research report on Monday, February 24th. Jefferies Financial Group began coverage on shares of Waystar in a report on Tuesday, February 11th. They issued a “buy” rating and a $51.00 price target on the stock. Finally, Bank of America lifted their price objective on shares of Waystar from $36.00 to $43.00 and gave the company a “buy” rating in a report on Monday, January 6th. Twelve investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $40.75.

View Our Latest Stock Analysis on Waystar

Waystar Price Performance

NASDAQ:WAY opened at $37.83 on Monday. The firm’s fifty day moving average is $40.22 and its two-hundred day moving average is $34.40. Waystar has a one year low of $20.26 and a one 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.

Waystar (NASDAQ:WAY – Get Free Report) last announced its quarterly earnings results on Tuesday, February 18th. The company reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.15 by $0.11. The company had revenue of $244.10 million during the quarter, compared to analyst estimates of $232.29 million. As a group, equities analysts forecast that Waystar will post 0.39 EPS for the current fiscal year.