Melissa F. Miller, an insider at Waystar Holding Corp (WAY), executed a significant sale of 193,261 shares on November 24, 2025, at a price of $37.00 per share, resulting in a total transaction value of $7.15 million. Following this transaction, Miller retains 193,261 shares in the company.
Waystar Holding Corp, a provider of healthcare organizations with mission-critical cloud software, is headquartered in Lehi, Utah. The company employs 1,500 full-time staff and went public on June 7, 2024. Its platform streamlines healthcare payment processes, enhancing claim and billing accuracy while reducing labor costs for providers.
This insider sale highlights a common practice among executives, who may sell shares for reasons such as diversification, tax planning, or personal financial needs. While such transactions can draw investor attention, they do not inherently signal negative sentiment toward the company.
Investors are advised to consider insider transactions as part of a broader analysis, examining patterns across multiple insiders and over time rather than focusing solely on isolated sales. Waystar currently has a market cap of $6.8 billion and a P/E ratio of 61.50, with upcoming earnings expectations of $0.41 EPS and $326.0 million in revenue for July 28, 2026.