WAY

Waystar Holding Corp.
NasdaqGSUSDEQUITY Healthcare DELAYED
Last price
26.40
▼ 0.08 (0.30%)
MARKET · —

Price

1D — H — L — Range — Vol —
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
26.75
Prev close
26.48
Day high
26.71
Day low
25.96
Volume
1.96M
Market cap
$5.06B
P/E (TTM)
37.71
52W range
17.26 – 40.35

Day trading desk

Current session · delayed
Gap from prior close
+1.02%
Prior close 26.48
VWAP
26.34
+0.23% from price
Relative volume
1.43×
Normal
Session range
3.18%
25.95 – 26.78
Position in range
54%
Mid range
ATR (14D)
1.09
4.13% of price
Prior day high
26.63
PDH
Prior day low
24.63
PDL
Bid / ask spread
—
Quote not published
Session volume
3.51M
Avg 2.46M

VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.

Trailing performance

Price return · vs SPY
Returnvs SPY
1W
+5.31% +3.4%
1M
+5.31% +4.1%
3M
+16.20% +11.7%
6M
+15.49% -2.7%
YTD
-19.39% -33.6%
1Y
-31.68% -48.1%
3Y
— -82.3%
5Y
— —

Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.

Unusual options activity

Account required
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
Free account required

Contracts trading at or above their open interest, ranked by notional and where the print landed.

Free account

5 more panels on WAY open with an account.

Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.

Insider net activity

6m · Form 4 rollup
Net shares
+2.05M
Net buying
Buy transactions
16
2.29M shares
Sell transactions
3
235.00K shares
Net transactions
+19
Buys less sells
Sell : buy shares
0.1 : 1
Mixed
Insider-held shares
4.90M
Total on file
Bought 2.29MSold 235.00K

Insider transactions

Account required
DateInsiderAction SharesValueHeld
Sep 2, 26
HAWKINS MATTHEW J.
Chief Executive Officer
SELL 82.50K $2.14M Direct
Sep 2, 26
HAWKINS MATTHEW J.
Chief Executive Officer
CONVERSION 82.50K $341.55K Direct
Aug 17, 26
KHANNA AMIT
Chief Technology Officer
STOCK 390.63K $0 Direct
Aug 13, 26
HAWKINS MATTHEW J.
Chief Executive Officer
SELL 82.50K $2.06M Direct
Aug 13, 26
HAWKINS MATTHEW J.
Chief Executive Officer
CONVERSION 82.50K $341.55K Direct
Jul 31, 26
PACKER GREGORY R
Officer
STOCK 232.06K $0 Direct
Jul 31, 26
BRIDGE T. CRAIG
Officer
STOCK 205.47K $0 Direct
Jul 31, 26
HAWKINS MATTHEW J.
Chief Executive Officer
STOCK 908.26K $0 Direct
Jul 31, 26
WOODS TODD CHARLES
Officer
STOCK 90.83K $0 Direct
Jul 24, 26
WEGNER ALPANA
Chief Financial Officer
STOCK 162.11K $0 Direct
Jul 16, 26
HAWKINS MATTHEW J.
Chief Executive Officer
SELL 70.00K $1.61M Direct
Jul 16, 26
HAWKINS MATTHEW J.
Chief Executive Officer
CONVERSION 70.00K $289.80K Direct
Jun 3, 26
DRISCOLL JOHN P
Director
STOCK 9.30K $0 Direct
Jun 3, 26
HUNG PRISCILLA C
Director
STOCK 9.30K $0 Direct
What this is, and what it is not

These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.

A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.

This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.

Free account required

Officer and director trades in their own stock, straight from Form 4 filings.

Insider holders

10 reporting
NameRelationShares heldLatest
BAIN CAPITAL INVESTORS, L.L.C.
Beneficial Owner of more than 10% of a Class of Security — Sale
BRIDGE T. CRAIG
Officer 864.03K Stock Award(Grant)
CANADA PENSION PLAN INVESTMENT BOARD
Beneficial Owner of more than 10% of a Class of Security — Sale
CHAN WILLIAM
Officer 1.58M Stock Award(Grant)
DERBY LUXCO S.A R.L.
Beneficial Owner of more than 10% of a Class of Security — Sale
HAWKINS MATTHEW J.
Chief Executive Officer 1.80M Sale
MOSKOWITZ PAUL G.
Director and Beneficial Owner of more than 10% of a Class of Security — Sale
ORESKOVICH STEVEN M
Chief Financial Officer 436.78K Stock Award(Grant)
SCHREMSER CHRISTOPHER L.AWRENCE
Chief Technology Officer 509.78K Stock Award(Grant)
SINCLAIR ERIC LEE III
Officer 474.83K Sale

Fundamentals

TTM · reported
Market cap$5.06B
Enterprise value$6.35B
Revenue (TTM)$1.21B
Gross profit$833.24M
EBITDA$434.01M
Net income$134.79M
EPS (TTM)$0.70
Free cash flow$313.75M
Total cash$193.51M
Total debt$1.48B
Book value / share$20.54
Shares outstanding191.75M
Float139.35M
Short % of float9.10%
Dividend yield0.00%
Beta (5Y)0.18

Valuation & profitability ratios

Account required
Trailing P/E37.71
Forward P/E14.04
PEG ratio—
Price / sales—
Price / book1.29
EV / revenue5.27
EV / EBITDA14.63
Gross margin69.11%
Operating margin24.41%
Profit margin11.18%
Return on equity3.77%
Return on assets3.44%
Debt / equity37.17
Current ratio1.85
Free account required

Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.

Financial statements

As reported · 4 years · 6 quarters
Blank means not reported, not zero
Line item2025202420232022YoY
Total revenue $1.10B$943.55M$791.01M$704.87M +16.5%
Operating revenue $1.10B$943.55M$791.01M$704.87M +16.5%
Cost of revenue $348.16M$315.73M$249.77M$214.89M +10.3%
Gross profit $751.12M$627.82M$541.24M$489.98M +19.6%
Research & development $54.62M$48.77M$35.33M$32.81M +12.0%
Selling, general & admin $306.64M$268.69M$187.36M$184.56M +14.1%
Total operating expense $501.81M$504.09M$399.16M$400.53M -0.5%
Operating income $249.31M$123.72M$142.08M$89.45M +101.5%
Net interest income -$77.54M-$146.27M-$205.92M-$155.32M +47.0%
Pre-tax income $171.76M-$22.55M-$63.83M-$65.88M +861.9%
Tax provision $59.67M-$3.42M-$12.50M-$14.42M +1,844.9%
Net income $112.09M-$19.13M-$51.33M-$51.45M +686.1%
Net income to common $112.09M-$19.13M-$51.33M-$51.45M +686.1%
Basic EPS 0.63-0.13-0.31-0.31 +584.6%
Diluted EPS 0.61-0.13-0.31-0.31 +569.2%
EBIT $249.31M$123.72M$142.08M$89.45M +101.5%
EBITDA $389.85M$310.36M$318.55M$272.62M +25.6%
Basic shares 177.93M149.92M166.66M166.66M +18.7%
Diluted shares 184.78M149.92M166.66M166.66M +23.3%

Options analytics

Account required
Put / call volume
0.82
Call-heavy session
Put / call open interest
1.42
Positioning, not flow
Max pain
25.00
-5.3% from spot
ATM implied vol
61.1%
Nearest strike to spot
Skew (10% OTM)
-28.1%
Calls bid over puts
Call volume
49
Contracts, this expiry
Put volume
40
Contracts, this expiry
Heaviest call OI
27.50
345 contracts
Heaviest put OI
25.00
336 contracts

Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.

Free account required

Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.

Earnings

History & consensus estimates
Reported vs expected · EPS
QuarterEst.ActualSurprise
Jun 2026 0.400.43 +8.3%
Mar 2026 0.390.42 +8.7%
Dec 2025 0.400.36 -9.0%
Sep 2025 0.350.37 +5.7%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter 0.41 20 $323.36M +20.4%
Next quarter 0.42 20 $328.84M +8.3%
Current year 1.67 22 $1.29B +17.0%
Next year 1.88 22 $1.42B +10.7%

Analyst targets & ownership

Account required
Mean target$33.77
High target$44.00
Low target$28.00
Implied upside27.93%
Analyst count22
ConsensusSTRONG BUY
Strong buy / Buy4 / 16
Hold2
Sell / Strong sell0 / 0
Held by insiders2.56%
Held by institutions113.03%
Institutions holding408
Free account required

Price targets, consensus spread, insider and institutional ownership.

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
25.33
+4.23% from price
SMA 20
25.27
+4.48% from price
SMA 50
24.77
+6.59% from price
SMA 100
22.59
+16.85% from price
SMA 200
24.31
+8.58% from price
EMA 12
25.54
+3.35% from price
EMA 26
25.24
+4.58% from price
EMA 50
24.63
+7.19% from price
RSI (14)
58.3
Neutral
MACD (12,26,9)
0.30
Hist 0.05
ATR (14)
1.09
4.13% of price
Realised vol 30D
48.6%
Annualised
Bollinger upper
27.28
20, 2σ
Bollinger lower
23.26
20, 2σ
50 / 200 cross
Golden
24.77 vs 24.31
Trend bias
Above 200
+8.58%

Options chain

Account required
Expiry
Spot 26.40
Calls
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Puts
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Free account required

Every listed expiry, both sides of the book, with volume, open interest and implied volatility.

Risk profile

Daily returns · 1Y window
Beta vs SPY
0.58
Less volatile than market
Correlation to SPY
0.14
Largely independent
Realised vol 30D
48.6%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-56.3%
Peak to trough
Max drawdown 5Y
-61.8%
Peak to trough
ATR 14
1.09
4.13% of price
Beta (reported)
0.18
5Y monthly, from filing

Short interest

Semi-monthly exchange report · lags by ~2 weeks
Shares short
15.17M
Prior 13.64M
Change vs prior
+11.2%
Shorts adding
% of float
9.10%
Normal
% of shares out
7.91%
Against total outstanding
Days to cover
6.9
Crowded exit
Float
139.35M
Freely tradeable shares

Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.

Rating changes

77 on file
DateFirm ActionFromTo
Sep 16, 26 Freedom Capital Markets MAINTAINED Buy Buy
Sep 15, 26 Barclays DOWNGRADE Overweight Equal-Weight
Aug 31, 26 Canaccord Genuity MAINTAINED Buy Buy
Aug 27, 26 RBC Capital MAINTAINED Outperform Outperform
Aug 26, 26 Needham MAINTAINED Buy Buy
Aug 13, 26 Truist Securities MAINTAINED Buy Buy
Aug 7, 26 Barclays MAINTAINED Overweight Overweight
Jul 30, 26 UBS MAINTAINED Buy Buy
Jul 30, 26 Wells Fargo MAINTAINED Overweight Overweight
Jul 30, 26 Needham MAINTAINED Buy Buy
Jul 2, 26 Keybanc INITIATED — Overweight
May 20, 26 Barclays MAINTAINED Overweight Overweight

Dividends & splits

Declared · from the issuer
Forward rate—
Forward yield0.00%
5-year avg yield—
Payout ratio0.00%
Ex-dividend date—
Next pay date—
Last split—
Split date—

PRIVATE STRATEGY · BY QUALIFICATION

The same data. A different seat.

The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.