Soros Fund Management LLC Grows Stock Position in Waystar Holding Corp. $WAY

Posted by James Conley on Dec 12th, 2025

Soros Fund Management LLC boosted its stake in shares of Waystar Holding Corp. (NASDAQ:WAY – Free Report) by 12.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 333,153 shares of the company’s stock after purchasing an additional 36,799 shares during the quarter. Soros Fund Management LLC owned approximately 0.19% of Waystar worth $13,616,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. lifted its stake in Waystar by 62.1% in the first quarter. Vanguard Group Inc. now owns 8,090,547 shares of the company’s stock worth $302,263,000 after acquiring an additional 3,099,211 shares during the last quarter. William Blair Investment Management LLC increased its holdings in shares of Waystar by 23.9% in the 2nd quarter. William Blair Investment Management LLC now owns 5,239,365 shares of the company’s stock valued at $214,133,000 after acquiring an additional 1,011,940 shares during the last quarter. Alliancebernstein L.P. increased its holdings in shares of Waystar by 3,883.4% in the 2nd quarter. Alliancebernstein L.P. now owns 3,268,932 shares of the company’s stock valued at $133,601,000 after acquiring an additional 3,186,869 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Waystar by 14.9% during the 2nd quarter. Geode Capital Management LLC now owns 2,376,932 shares of the company’s stock worth $97,155,000 after acquiring an additional 309,119 shares in the last quarter. Finally, Invesco Ltd. lifted its stake in Waystar by 9,107.1% during the first quarter. Invesco Ltd. now owns 2,040,285 shares of the company’s stock worth $76,225,000 after purchasing an additional 2,018,125 shares during the last quarter.

Insider Activity at Waystar

In other news, CTO Christopher L. Schremser sold 8,623 shares of the stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $30.41, for a total value of $262,225.43. Following the completion of the transaction, the chief technology officer owned 422,371 shares in the company, valued at $12,844,302.11. This trade represents a 2.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Eric L. (Ric) Sinclair III sold 9,701 shares of the business’s stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $35.27, for a total transaction of $342,154.27. Following the sale, the insider directly owned 474,826 shares in the company, valued at approximately $16,747,113.02. This represents a 2.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 83,372 shares of company stock valued at $3,029,285 over the last 90 days. Company insiders own 4.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on WAY. Weiss Ratings reissued a “hold (c)” rating on shares of Waystar in a report on Wednesday, October 8th. Needham & Company LLC initiated coverage on shares of Waystar in a research note on Tuesday, November 11th. They set a “buy” rating and a $46.00 price target on the stock. Robert W. Baird began coverage on shares of Waystar in a research note on Friday, September 5th. They issued an “outperform” rating and a $44.00 price objective for the company. Mizuho raised their price objective on Waystar from $48.00 to $50.00 and gave the stock an “outperform” rating in a report on Thursday, October 30th. Finally, Wall Street Zen downgraded Waystar from a “buy” rating to a “hold” rating in a report on Saturday, November 29th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Waystar currently has a consensus rating of “Buy” and an average price target of $48.08.

Check Out Our Latest Analysis on WAY

Waystar Stock Up 6.8%

WAY opened at $32.46 on Friday. The business has a 50 day simple moving average of $36.31 and a 200-day simple moving average of $37.23. Waystar Holding Corp. has a 12 month low of $29.40 and a 12 month high of $48.11. The stock has a market capitalization of $6.21 billion, a P/E ratio of 52.35, a P/E/G ratio of 0.46 and a beta of 0.64. The company has a debt-to-equity ratio of 0.38, a current ratio of 3.89 and a quick ratio of 3.89.