Waystar Holding Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NasdaqGS:WAY Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
24 Feb 25	SellUS$300,686,720	Canada Pension Plan Investment Board	Company	7,517,168	US$40.00
24 Feb 25	SellUS$393,205,720	Eqt Fund Management S.à R.L.	Company	9,830,143	US$40.00
24 Feb 25	SellUS$218,193,795	Bain Capital, LP	Company	5,652,689	US$38.60
10 Jun 24	BuyUS$129,000	John Driscoll	Individual	6,000	US$21.50

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of WAY?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	718,125	0.417%
General Public	19,425,606	11.3%
VC/PE Firms	60,582,910	35.2%
Institutions	91,425,198	53.1%

Dilution of Shares: WAY only recently listed within the past 12 months

Top Shareholders

Top 25 shareholders own 79.04% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
22.6%	Eqt Fund Management S.à R.L.	38,828,374	US$1.4b	-20.2%	8.97%
17.3%	Canada Pension Plan Investment Board	29,692,286	US$1.1b	-20.2%	0.94%
12.6%	Bain Capital, LP	21,754,536	US$793.4m	-22.3%	11.74%
2.9%	The Vanguard Group, Inc.	4,991,336	US$182.0m	26.8%	no data
2.82%	Francisco Partners Management, L.P.	4,859,191	US$177.2m	-25%	20.19%
2.41%	Neuberger Berman Investment Advisers LLC	4,142,241	US$151.1m	-23.2%	0.12%
2.38%	TPG Capital, L.P.	4,098,033	US$149.5m	-0.32%	0.5%
2.02%	ArrowMark Colorado Holdings, LLC	3,482,238	US$127.0m	2.35%	1.9%
1.91%	Deerfield Management Company, L.P. Series C	3,295,260	US$120.2m	-33.5%	2.58%
1.9%	BlackRock, Inc.	3,273,213	US$119.4m	0%	no data
1.89%	Norges Bank Investment Management	3,253,050	US$118.6m	-11.9%	0.01%
0.9%	Fuller & Thaler Asset Management, Inc.	1,547,805	US$56.4m	0%	0.24%
0.86%	American Century Investment Management Inc	1,476,236	US$53.8m	0.44%	0.03%
0.84%	Healthcare of Ontario Pension Plan	1,441,200	US$52.6m	10.9%	0.12%
0.78%	Farallon Capital Management, L.L.C.	1,342,000	US$48.9m	0%	0.25%
0.67%	JP Morgan Asset Management	1,160,355	US$42.3m	-6.56%	no data
0.65%	Geode Capital Management, LLC	1,120,296	US$40.9m	1.71%	no data
0.57%	Summit Partners Public Asset Management, LLC	976,449	US$35.6m	0%	1.34%
0.55%	State Street Global Advisors, Inc.	947,789	US$34.6m	57.2%	no data
0.46%	UBS Asset Management AG	794,344	US$29.0m	2,280%	no data
0.46%	FMR LLC	783,833	US$28.6m	1,440%	no data
0.45%	Jennison Associates LLC	781,708	US$28.5m	-30.8%	0.02%
0.44%	Lord, Abbett & Co. LLC	762,580	US$27.8m	0%	0.09%
0.38%	Burkehill Global Management, LP	650,000	US$23.7m	0%	2.36%
0.36%	Silvercrest Asset Management Group LLC	620,216	US$22.6m	26.5%	0.17%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/03/16 09:09
End of Day Share Price	2025/03/14 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

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Analyst Sources

Waystar Holding Corp. is covered by 14 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Saket Kalia	Barclays
Stephanie Davis	Barclays
Allen Lutz	BofA Global Research