Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Waystar Holding Corp shares valued at $7,710,685 were sold by Bridge T. Craig on Feb 26 ’25. At $42.15 per share, Bridge T. Craig sold 182,914 shares. The insider’s holdings dropped to 519,658 shares worth approximately $22.7 million following the completion of this transaction.
Also, Moskowitz Paul G sold 5,652,689 shares, netting a total of over 218,193,795 in proceeds. Following the sale of shares at $38.60 each, the insider now holds 22,327,728 shares.
Before that, BAIN CAPITAL INVESTORS LLC had sold 5,652,689 shares from its account. In a trade valued at $218,193,795, the 10% Owner traded Waystar Holding Corp shares for $38.60 each. Upon closing the transaction, the insider’s holdings decreased to 5,652,689 shares, worth approximately $975.5 million.
As published in their initiating research note from Jefferies on February 11, 2025, Waystar Holding Corp [WAY] has been a Buy and the price target has been revised to $51. Analysts at Raymond James upgraded the stock from ‘”an Outperform”‘ to ‘”a Strong buy”‘ outlook in a report released in late November. As of July 02, 2024, William Blair has initiated its “an Outperform” rating for WAY. Earlier on July 02, 2024, RBC Capital Mkts initiated its rating. Their recommendation was “an Outperform” for WAY stock.
Analyzing WAY Stock Performance
During the last five days, there has been a surge of approximately 3.16%. Over the course of the year, Waystar Holding Corp shares have jumped approximately 19.05%.
Support And Resistance Levels for Waystar Holding Corp (WAY)
According to the 24-hour chart, there is a support level at 42.31, which, if violated, would cause prices to drop to 40.93. In the upper region, resistance lies at 44.49. The next price resistance is at 45.29. RSI (Relative Strength Index) is 59.28 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.31, which suggests the price will decrease in the coming days. Percent R is at 58.01%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.