2 weeks Ago By ABMN Staff
Russell Investments Group Ltd. grew its position in Waystar Holding Corp. ( NASDAQ:WAY – Free Report ) by 1.
8% during the fourth quarter, Holdings Channel reports. The institutional investor owned 54,096 shares of the company’s stock after acquiring an additional 964 shares during the quarter. Russell Investments Group Ltd.
’s holdings in Waystar were worth $1,985,000 as of its most recent SEC filing. A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Global Retirement Partners LLC purchased a new position in Waystar during the 4th quarter worth $25,000.
Mark Sheptoff Financial Planning LLC acquired a new stake in Waystar in the fourth quarter worth about $48,000. Alliancebernstein L.P.
boosted its holdings in Waystar by 8.3% in the fourth quarter. Alliancebernstein L.
P. now owns 48,230 shares of the company’s stock worth $1,770,000 after acquiring an additional 3,700 shares in the last quarter. PNC Financial Services Group Inc.
grew its stake in shares of Waystar by 40.8% during the fourth quarter. PNC Financial Services Group Inc.
now owns 14,383 shares of the company’s stock worth $528,000 after acquiring an additional 4,165 shares during the last quarter. Finally, Smithfield Trust Co increased its holdings in shares of Waystar by 210.5% during the fourth quarter.
Smithfield Trust Co now owns 7,560 shares of the company’s stock valued at $277,000 after acquiring an additional 5,125 shares in the last quarter. Analyst Upgrades and Downgrades WAY has been the subject of a number of recent analyst reports. Truist Financial initiated coverage on shares of Waystar in a research note on Friday, March 14th.
They issued a “buy” rating and a $45.00 target price for the company. The Goldman Sachs Group lifted their price objective on shares of Waystar from $44.
00 to $52.00 and gave the stock a “buy” rating in a research note on Wednesday, February 19th. Bank of America upped their target price on Waystar from $36.
00 to $43.00 and gave the company a “buy” rating in a research report on Monday, January 6th. Jefferies Financial Group initiated coverage on Waystar in a research report on Tuesday, February 11th.
They set a “buy” rating and a $51.00 price target for the company. Finally, Canaccord Genuity Group lifted their target price on Waystar from $42.
00 to $50.00 and gave the stock a “buy” rating in a report on Monday, February 24th. Twelve analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock.
Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $40.33.
Waystar Stock Performance Waystar stock opened at $36.45 on Friday. The company has a fifty day simple moving average of $39.
02 and a 200-day simple moving average of $35.35. 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 Holding Corp. has a 52-week low of $20.26 and a 52-week high of $48.
11. Waystar ( NASDAQ:WAY – Get Free Report ) last released its quarterly earnings data on Tuesday, February 18th. The company reported $0.
26 EPS for the quarter, beating analysts’ consensus estimates of $0.15 by $0.11.
The business had revenue of $244.10 million during the quarter, compared to analyst estimates of $232.29 million.
As a group, sell-side analysts predict that Waystar Holding Corp. will post 0.39 EPS for the current year.
Insider Buying and Selling In other Waystar news, CEO Matthew J. Hawkins sold 46,667 shares of the business’s stock in a transaction dated Thursday, April 10th. The shares were sold at an average price of $36.
36, for a total value of $1,696,812.12. Following the transaction, the chief executive officer now directly owns 500,000 shares in the company, valued at $18,180,000.
The trade was a 8.54 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website .
Also, CMO Melissa F. (Missy) Miller sold 3,400 shares of the firm’s stock in a transaction that occurred 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 sale, the chief marketing officer now owns 43,478 shares of the company’s stock, valued at $1,832,597.
70. This represents a 7.25 % decrease in their position.
The disclosure for this sale can be found here . Over the last 90 days, insiders have sold 13,411,461 shares of company stock worth $528,743,995. Waystar Profile ( Free Report ) Waystar Holding Corp.
is a software company which provide healthcare payments. Waystar Holding Corp. is based in LEHI, Utah.
Further Reading Want to see what other hedge funds are holding WAY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Waystar Holding Corp. ( NASDAQ:WAY – Free Report ).
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