Brian Elworthy Sells 3,303 Shares of Toast (NYSE:TOST) Stock

January 7, 2026 by InsiderTrades.com

Key Points

CFO Elena Gomez sold 6,672 shares on Jan. 5 at an average price of $34.38 for $229,383.36, reducing her position by 3.95% to 162,153 shares (worth about $5.57M).
Broader insider selling is notable: Chief Revenue Officer Jonathan Vassil sold 66,390 shares (~$2.38M) on Jan. 2 (reducing his stake ~44%), and the CEO, president and general counsel also sold shares on Jan. 5.
Mixed fundamentals and analyst stance: Q3 revenue grew 25.1% YoY and beat estimates while EPS missed ($0.16 vs. $0.24), and analysts maintain a "Moderate Buy" consensus with an average target near $45.18 amid ~82.9% institutional ownership.

Toast, Inc. (NYSE:TOST - Get Free Report) General Counsel Brian Elworthy sold 3,303 shares of Toast stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $34.38, for a total value of $113,557.14. Following the completion of the sale, the general counsel owned 235,757 shares in the company, valued at approximately $8,105,325.66. This trade represents a 1.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Toast Stock Performance

Toast Stock: A Fast-Growing Mid-Cap Eyeing Further Upside

NYSE:TOST opened at $36.10 on Wednesday. Toast, Inc. has a 1 year low of $28.12 and a 1 year high of $49.66. The stock has a fifty day moving average price of $35.44 and a two-hundred day moving average price of $39.75. The stock has a market capitalization of $18.59 billion, a price-to-earnings ratio of 83.95 and a beta of 1.93.

Toast (NYSE:TOST - Get Free Report) last posted its quarterly earnings results on Tuesday, November 4th. The company reported $0.16 earnings per share for the quarter, missing analysts' consensus estimates of $0.24 by ($0.08). The company had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.58 billion. Toast had a return on equity of 15.77% and a net margin of 4.68%.The business's revenue for the quarter was up 25.1% compared to the same quarter last year. During the same period last year, the company earned $0.07 earnings per share. On average, analysts predict that Toast, Inc. will post 0.39 EPS for the current year.

Key Headlines Impacting Toast

Bargain Alert: 3 Stocks Worth Watching While The Market Cools

Here are the key news stories impacting Toast this week:

Positive Sentiment: Revenue growth and analyst support — Toast’s latest quarter showed 25% year‑over‑year revenue growth and revenue slightly above consensus, and several brokers still rate the shares a buy or outperform, providing a constructive backdrop for long‑term revenue momentum. MarketBeat TOST page
Neutral Sentiment: High institutional ownership and mixed analyst views — About 82.9% of the float is institutionally held; analyst consensus is a “Moderate Buy” with an average price target near $45, so expectations remain moderately positive but not unanimous.
Negative Sentiment: Large CRO sale (Jan. 2) — Chief Revenue Officer Jonathan Vassil sold 66,390 shares at ~$35.86 for ~$2.38M, reducing his stake ~44%. This is a material reduction by a senior officer. SEC Form 4
Negative Sentiment: Additional Jan. 5 insider sales — CEO Aman Narang sold 8,591 shares at $34.38 (~$295k). CFO Elena Gomez sold 6,672 shares (~$229k). President Stephen Fredette sold 4,866 shares (~$167k). General Counsel Brian Elworthy sold 3,303 shares (~$114k). Each sale modestly reduced their holdings. CEO SEC CFO SEC President SEC GC SEC

Analysts Set New Price Targets

TOST has been the subject of a number of research reports. Wall Street Zen upgraded shares of Toast from a "hold" rating to a "buy" rating in a research report on Friday, October 3rd. Robert W. Baird reduced their price objective on Toast from $48.00 to $36.00 and set a "neutral" rating for the company in a report on Monday, October 6th. Morgan Stanley boosted their target price on Toast from $54.00 to $56.00 and gave the stock an "overweight" rating in a research report on Wednesday, November 5th. Wells Fargo & Company raised Toast to a "strong-buy" rating in a report on Wednesday, October 22nd. Finally, BNP Paribas Exane raised Toast from a "neutral" rating to an "outperform" rating and set a $40.00 price target for the company in a research note on Monday, December 1st. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and eight have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $45.18.

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Check Out Our Latest Stock Analysis on Toast

Hedge Funds Weigh In On Toast

A number of institutional investors have recently made changes to their positions in TOST. Baird Financial Group Inc. boosted its stake in shares of Toast by 8.3% during the first quarter. Baird Financial Group Inc. now owns 9,408 shares of the company's stock valued at $312,000 after acquiring an additional 720 shares during the last quarter. Royal Bank of Canada boosted its stake in shares of Toast by 193.2% during the 1st quarter. Royal Bank of Canada now owns 618,456 shares of the company's stock worth $20,515,000 after purchasing an additional 407,518 shares during the last quarter. Adage Capital Partners GP L.L.C. acquired a new stake in shares of Toast during the 1st quarter worth about $3,317,000. Amundi grew its holdings in shares of Toast by 137.2% during the first quarter. Amundi now owns 1,111,179 shares of the company's stock worth $36,291,000 after buying an additional 642,792 shares in the last quarter. Finally, Advisors Asset Management Inc. raised its position in shares of Toast by 7.3% in the first quarter. Advisors Asset Management Inc. now owns 4,439 shares of the company's stock valued at $147,000 after buying an additional 301 shares during the last quarter. 82.91% of the stock is owned by institutional investors and hedge funds.

Toast Company Profile

(Get Free Report)

Toast, Inc (NYSE: TOST) is a technology company that builds a cloud-based platform for restaurants and other foodservice businesses. Headquartered in Boston, Massachusetts, Toast offers integrated point-of-sale (POS) systems and a suite of software and hardware designed to streamline front-of-house and back-of-house operations. The company went public in 2021 and has positioned itself as a vertically integrated provider for the restaurant industry.

Toast's product portfolio includes touchscreen POS terminals and handheld order-and-pay devices, kitchen display systems, and peripherals tailored for high-volume foodservice environments.