What happens to stocks if AI loses momentum?
Waystar Holding Corp (NASDAQ:WAY), a $6 billion healthcare technology company with strong financial health according to InvestingPro metrics, saw its Chief Executive Officer Matthew J. Hawkins (NASDAQ:HWKN) sell 46,667 shares of common stock on August 12, 2025, for approximately $1.6 million. The sales occurred at prices ranging from $34.44 to $34.89, near the current trading price of $34.54.
According to a Form 4 filing with the Securities and Exchange Commission, the CEO also exercised options to acquire 46,667 shares at a price of $4.14, for a total value of $193,201. Following the transactions, Hawkins directly owns 764,131 shares of Waystar Holding Corp. Nine analysts have recently revised their earnings estimates upward for the company, with InvestingPro data showing strong expected net income growth this year.
These transactions were executed automatically under a prearranged trading plan adopted on November 22, 2024, designed to comply with Rule 10b5-1(c). For deeper insights into insider trading patterns and comprehensive financial analysis, access the full Waystar Holding Corp research report on InvestingPro.
In other recent news, Waystar reported its second-quarter 2025 earnings, which exceeded forecasts with an earnings per share of $0.36 and revenue of $271 million. The company experienced a 15% increase in revenue compared to the previous year and has raised its full-year revenue guidance. Additionally, Waystar announced the successful repricing of its first lien term loan due in October 2029, lowering the interest rate by 25 basis points to adjusted SOFR +2.00%. The company is adding $250 million in incremental term loans under the same conditions, contingent on the completion of its previously announced acquisition of Iodine Software (ETR:SOWGn). These developments reflect Waystar’s strategic financial maneuvers to support its growth initiatives. The acquisition of Iodine Software is a key move for Waystar, with the additional funding helping to finance this transaction. Investors may find these financial adjustments noteworthy as they indicate the company’s efforts to optimize its financial structure. The recent earnings beat and loan repricing highlight Waystar’s proactive approach to maintaining financial health and expanding its market presence.
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