2 weeks Ago By ABMN Staff
Legal & General Group Plc boosted its holdings in Waystar Holding Corp. ( NASDAQ:WAY – Free Report ) by 980.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC).
The firm owned 47,969 shares of the company’s stock after purchasing an additional 43,528 shares during the quarter. Legal & General Group Plc’s holdings in Waystar were worth $1,760,000 at the end of the most recent quarter. Several other hedge funds and other institutional investors have also modified their holdings of WAY.
Global Retirement Partners LLC bought a new position in Waystar in the 4th quarter worth approximately $25,000. Russell Investments Group Ltd. grew its holdings in shares of Waystar by 1.
8% in the 4th quarter. Russell Investments Group Ltd. now owns 54,096 shares of the company’s stock worth $1,985,000 after acquiring an additional 964 shares during the last quarter.
Mark Sheptoff Financial Planning LLC acquired a new stake in Waystar during the 4th quarter worth about $48,000. Invesco Ltd. lifted its position in shares of Waystar by 10.
1% in the 4th quarter. Invesco Ltd. now owns 22,160 shares of the company’s stock valued at $813,000 after acquiring an additional 2,036 shares in the last quarter.
Finally, Alliancebernstein L.P. grew its position in Waystar by 8.
3% during the 4th quarter. Alliancebernstein L.P.
now owns 48,230 shares of the company’s stock worth $1,770,000 after purchasing an additional 3,700 shares in the last quarter. Waystar Stock Performance NASDAQ WAY opened at $37.02 on Friday.
The company has a 50 day moving average of $38.17 and a 200-day moving average of $35.66.
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. Insider Buying and Selling In related news, insider T.
Craig Bridge sold 182,914 shares of the company’s stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $42.15, for a total value of $7,709,825.
10. Following the completion of the sale, the insider now owns 519,658 shares in the company, valued at $21,903,584.70.
This represents a 26.03 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link .
Also, CMO Melissa F. (Missy) Miller sold 3,400 shares of the stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $42.
15, for a total value of $143,310.00. Following the completion of the sale, the chief marketing officer now owns 43,478 shares of the company’s stock, valued at $1,832,597.
70. This trade represents a 7.25 % decrease in their ownership of the stock.
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 over the last three months. Analyst Upgrades and Downgrades A number of equities research analysts have commented on the company.
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 objective for the company.
The Goldman Sachs Group upped their price target on 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 raised their target price on shares of Waystar from $36.00 to $43.00 and gave the company a “buy” rating in a research note on Monday, January 6th.
Canaccord Genuity Group lifted their price target on Waystar from $42.00 to $50.00 and gave the stock a “buy” rating in a research report on Monday, February 24th.
Finally, Barclays cut their price objective on shares of Waystar from $50.00 to $45.00 and set an “overweight” rating for the company in a research report on Monday, April 14th.
Twelve investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $40.33.
Read Our Latest Stock Analysis on WAY Waystar Profile ( Free Report ) Waystar Holding Corp. is a software company which provide healthcare payments. Waystar Holding Corp.
is based in LEHI, Utah. Featured Articles 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.
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