Waystar CTO Schremser sells $312k in shares

Published 14/10/2025, 15:50
Waystar CTO Schremser sells $312k in shares

Waystar Holding Corp (NASDAQ:WAY) Chief Technology Officer Christopher L. Schremser sold 8,623 shares of common stock on October 10, 2025, according to a recent Form 4 filing. The shares were sold at a weighted average price of $36.2072, resulting in a total transaction value of $312,214. The prices for the sales ranged from $35.66 to $37.22. According to InvestingPro data, the stock is currently trading near its Fair Value, with strong financial health metrics including a current ratio of 3.43x, indicating robust liquidity.

On the same day, Schremser exercised options to acquire 8,623 shares of Waystar common stock at a price of $4.14 per share, for a total value of $35,699. These options were fully vested and the transactions occurred automatically pursuant to a 10b5-1 trading plan adopted December 6, 2024. The company has shown strong performance, with revenue growing 17.14% in the last twelve months, and 10 analysts have recently revised their earnings estimates upward. Get deeper insights into insider trading patterns and comprehensive analysis with a InvestingPro subscription.

Following these transactions, Schremser directly owns 422,371 shares of Waystar Holding Corp., which includes unvested restricted stock units (RSUs). The company maintains a market capitalization of $6.9 billion and has demonstrated strong profitability with a gross margin of 67.32%.

In other recent news, Waystar Holding Corp. has completed its acquisition of Iodine Software, enhancing its AI-powered payment software platform. This acquisition is expected to expand Waystar’s total addressable market by over 15% and is anticipated to positively impact revenue growth and non-GAAP earnings per share by 2027. Mizuho has reiterated an Outperform rating for Waystar, noting that Iodine’s AI platform could generate $120-125 million in revenue by 2025. Citizens also reiterated its Market Outperform rating on Waystar, increasing its earnings estimates following the acquisition. Additionally, Waystar has been added to the S&P SmallCap 600 Index, reflecting its growing influence in the healthcare payment software market. The company has reported double-digit revenue growth and strong margins since its IPO. JMP initiated coverage on Waystar with a Market Outperform rating, praising its cloud-based revenue cycle management software. These developments highlight Waystar’s strategic growth and expansion within the healthcare technology sector.

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