CEO Matthew J. Hawkins sold 25,000 shares of WAY at $38.08 across 2 transactions for $951,976.16
Matthew J. Hawkins, Chief Executive Officer of Waystar Holding Corp., executed 2 separate sales totaling 25,000 shares for $951,976.16 on September 22–23, 2025, reducing his holdings from 742,474 to 717,474 shares. The sales occurred at $38.08 per share, which was above the current price of $37.04, meaning the CEO sold into strength relative to the immediate market. His cross-ticker track record shows a 90-day well-timed rate of 60.00%, but this performance reflects 12 prior sells across multiple tickers; at Waystar specifically, his 5 prior trades show 3 measurable 90-day outcomes, all negative (ranging from -6.8% to -8.0%), suggesting an inconsistency between his broader timing success and his WAY-specific sell outcomes. The company trades at a P/E of 75.59 on the back of $270.7M quarterly revenue and $32.2M net income, yet was unprofitable on a full-year basis, creating a tension between growth momentum (+19.3% annual revenue growth) and valuation risk.