Verdence Capital Advisors LLC Buys 348 Shares of Waystar Holding Corp. $WAY

Posted by Brenda Bartman on Oct 17th, 2025

Verdence Capital Advisors LLC raised its stake in shares of Waystar Holding Corp. (NASDAQ:WAY – Free Report) by 5.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,076 shares of the company’s stock after acquiring an additional 348 shares during the quarter. Verdence Capital Advisors LLC’s holdings in Waystar were worth $289,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in WAY. Central Pacific Bank Trust Division bought a new stake in Waystar during the second quarter valued at about $33,000. State of Wyoming bought a new stake in shares of Waystar in the 1st quarter valued at about $54,000. Quarry LP bought a new stake in shares of Waystar in the 1st quarter valued at about $60,000. Amalgamated Bank boosted its stake in Waystar by 84.1% in the first quarter. Amalgamated Bank now owns 2,716 shares of the company’s stock valued at $101,000 after acquiring an additional 1,241 shares in the last quarter. Finally, KBC Group NV acquired a new stake in Waystar in the first quarter valued at approximately $109,000.

Waystar Trading Up 0.2%

Waystar stock opened at $36.81 on Friday. 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 Holding Corp. has a 52 week low of $26.95 and a 52 week high of $48.11. The company has a market capitalization of $6.41 billion, a price-to-earnings ratio of 76.69, a price-to-earnings-growth ratio of 0.67 and a beta of 0.69. The stock has a 50-day moving average price of $37.26 and a 200 day moving average price of $37.73.

Waystar (NASDAQ:WAY – Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.33 by $0.03. The business had revenue of $270.65 million during the quarter, compared to analysts’ expectations of $255.26 million. Waystar had a net margin of 8.50% and a return on equity of 5.65%. The business’s quarterly revenue was up 15.4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.04 EPS. Waystar has set its FY 2025 guidance at 1.360-1.400 EPS. Sell-side analysts anticipate that Waystar Holding Corp. will post 0.39 EPS for the current year.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Wall Street Zen raised Waystar from a “hold” rating to a “buy” rating in a research report on Saturday, October 11th. Citigroup assumed coverage on Waystar in a report on Thursday, September 18th. They issued an “outperform” rating for the company. JMP Securities initiated coverage on Waystar in a report on Thursday, September 18th. They issued a “market outperform” rating and a $48.00 price target for the company. Barclays initiated coverage on shares of Waystar in a research note on Tuesday. They issued an “overweight” rating and a $50.00 target price for the company. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Waystar in a research note on Wednesday, October 8th. Three analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Waystar has an average rating of “Buy” and a consensus target price of $45.50.

View Our Latest Report on WAY

Insider Transactions at Waystar

In other Waystar news, insider T. Craig Bridge sold 85,000 shares of the company’s stock in a transaction dated Monday, July 21st. The shares were sold at an average price of $37.09, for a total value of $3,152,650.00. Following the completion of the transaction, the insider owned 682,843 shares in the company, valued at approximately $25,326,646.87. This represents a 11.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Eric L. (Ric) Sinclair III sold 19,404 shares of the company’s stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $40.03, for a total value of $776,742.12. Following the transaction, the insider directly owned 474,826 shares of the company’s stock, valued at approximately $19,007,284.78. The trade was a 3.93% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 4,631,250 shares of company stock worth $181,141,432. Insiders own 4.10% of the company’s stock.