75,946 Shares in Waystar Holding Corp. (NASDAQ:WAY) Purchased by TD Asset Management Inc

TD Asset Management Inc purchased a new position in Waystar Holding Corp. (NASDAQ:WAY) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 75,946 shares of the company’s stock, valued at approximately $1,633,000.

Separately, Peregrine Capital Management LLC bought a new position in Waystar in the second quarter worth about $9,010,000.

Waystar Trading Up 1.7 %

NASDAQ WAY opened at $26.83 on Friday. Waystar Holding Corp. has a 12 month low of $20.26 and a 12 month high of $28.57. The company’s 50 day moving average is $24.38.

Waystar (NASDAQ:WAY) last posted its quarterly earnings data on Wednesday, August 7th. The company reported $0.04 EPS for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.05. The company had revenue of $234.50 million for the quarter, compared to analyst estimates of $216.25 million. During the same quarter in the prior year, the business earned ($0.07) EPS. Waystar’s revenue was up 19.6% compared to the same quarter last year. Sell-side analysts predict that Waystar Holding Corp. will post -0.08 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have issued reports on WAY shares. Canaccord Genuity Group started coverage on shares of Waystar in a report on Tuesday, July 2nd. They issued a “buy” rating and a $30.00 target price on the stock. JPMorgan Chase & Co. lifted their price target on Waystar from $24.00 to $27.00 and gave the company an “overweight” rating in a report on Monday, August 19th. Deutsche Bank Aktiengesellschaft lifted their price target on Waystar from $27.00 to $31.00 and gave the company a “buy” rating in a report on Wednesday, August 14th. Royal Bank of Canada lifted their price target on Waystar from $27.00 to $31.00 and gave the company an “outperform” rating in a report on Friday, September 6th. Finally, Canaccord Genuity Group initiated coverage on Waystar in a report on Tuesday, July 2nd. They set a “buy” rating and a $30.00 price target on the stock. Eleven analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $28.90.

About Waystar

Waystar Holding Corp. is a software company which provide healthcare payments. Waystar Holding Corp. is based in LEHI, Utah.