Moody’s downgrades Senegal to Caa1 amid rising debt concerns
Waystar Holding Corp. NASDAQ:WAY Chief Business Officer Eric L. (Ric) Sinclair III, recently sold 19,404 shares of common stock for approximately $776,713. The sales occurred on September 8, 2025, with prices ranging from $40.00 to $40.25. The transaction comes as Waystar’s stock shows strong momentum, with a 55% return over the past year and an impressive 9% gain just last week, according to InvestingPro data.
According to a Form 4 filing with the Securities and Exchange Commission, Sinclair also exercised options to acquire 19,404 shares of Waystar Holding Corp. common stock at an exercise price of $4.14 per share, for a total value of $80,332 on September 8th.
On June 6, Sinclair disposed of 16,044 shares of common stock at a price of $40.55 per share, to cover tax obligations. The total value of this transaction was $650,584.
Following these transactions, Sinclair directly owns 474,826 shares of Waystar Holding Corp., which includes unvested Restricted Stock Units. While trading at a relatively high P/E ratio of 76x, the company maintains strong profitability with $86 million in net income over the last twelve months. Discover more insights and 13 additional ProTips for Waystar in the comprehensive Pro Research Report, available exclusively on InvestingPro.
In other recent news, Waystar Holding Corp reported its second-quarter 2025 earnings, exceeding expectations with an earnings per share (EPS) of $0.36 and revenue of $271 million. The company experienced a 15% increase in revenue compared to the previous year and adjusted its full-year revenue guidance upwards. Additionally, Waystar announced a successful repricing of its first lien term loan due in October 2029, reducing the interest rate by 25 basis points to adjusted SOFR +2.00%. The company also plans to add $250 million in incremental term loans, contingent on the completion of its acquisition of Iodine Software. This additional funding will support the financing of the acquisition. Furthermore, Baird initiated coverage on Waystar with an Outperform rating and set a price target of $44.00. Baird described Waystar as a "high-quality business and FCF compounder" that is well-positioned in the current market environment. These developments highlight Waystar’s strategic financial maneuvers and positive analyst outlook.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.