Key Points
- Toast CRO Jonathan Vassil sold 14,280 shares for approximately $469,700 at an average price of $32.89, reducing his holdings by 16.95%. The sale occurred under a pre-arranged Rule 10b5-1 trading plan.
- Toast reported quarterly revenue of $1.91 billion, up 23.1% year over year and above analyst estimates, but adjusted EPS of $0.26 missed the $0.32 consensus.
- Analysts maintain a generally positive view, with Toast carrying a “Moderate Buy” consensus rating and an average price target of $37.27 versus its reported opening price of $33.97.
Toast, Inc. (NYSE:TOST - Get Free Report) CRO Jonathan Vassil sold 14,280 shares of the firm's stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $32.89, for a total transaction of $469,669.20. Following the sale, the executive owned 69,966 shares of the company's stock, valued at approximately $2,301,181.74. This represents a 16.95% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Jonathan Vassil also recently made the following trade(s):
- On Tuesday, July 7th, Jonathan Vassil sold 3,150 shares of Toast stock. The shares were sold at an average price of $30.03, for a total transaction of $94,594.50.
- On Thursday, July 2nd, Jonathan Vassil sold 6,647 shares of Toast stock. The shares were sold at an average price of $28.85, for a total transaction of $191,765.95.
Toast Stock Up 3.6%
Shares of TOST stock opened at $33.97 on Wednesday. Toast, Inc. has a 12-month low of $22.26 and a 12-month high of $49.66. The company has a market capitalization of $17.53 billion, a PE ratio of 52.26 and a beta of 1.72. The firm has a 50 day moving average price of $27.87 and a two-hundred day moving average price of $27.83.
Toast (NYSE:TOST - Get Free Report) last posted its earnings results on Tuesday, August 4th. The company reported $0.26 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.06). The firm had revenue of $1.91 billion during the quarter, compared to analyst estimates of $1.87 billion. Toast had a net margin of 6.39% and a return on equity of 20.86%. Toast's revenue for the quarter was up 23.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.13 EPS. As a group, research analysts expect that Toast, Inc. will post 0.97 EPS for the current year.
Institutional Investors Weigh In On Toast
Several institutional investors and hedge funds have recently bought and sold shares of TOST. Bayban bought a new position in Toast in the 4th quarter valued at about $25,000. SHP Wealth Management bought a new stake in shares of Toast during the 4th quarter worth approximately $29,000. Strive Financial Group LLC acquired a new stake in shares of Toast during the 4th quarter worth approximately $29,000. Silicon Valley Capital Partners acquired a new stake in shares of Toast during the 4th quarter worth approximately $36,000. Finally, Quadrant Capital Group LLC increased its stake in Toast by 2,083.3% in the fourth quarter. Quadrant Capital Group LLC now owns 1,048 shares of the company's stock valued at $37,000 after acquiring an additional 1,000 shares during the last quarter. Institutional investors own 82.91% of the company's stock.
Analyst Upgrades and Downgrades
Several equities analysts recently commented on the stock. Morgan Stanley set a $45.00 price target on shares of Toast in a research note on Friday, May 8th. Rothschild & Co Redburn reiterated a "neutral" rating and issued a $35.00 price objective on shares of Toast in a research note on Tuesday, May 12th. Truist Financial increased their target price on shares of Toast from $30.00 to $33.00 and gave the stock a "buy" rating in a research report on Friday, July 24th. Piper Sandler started coverage on shares of Toast in a report on Wednesday, June 10th. They set an "overweight" rating and a $32.00 target price on the stock. Finally, DA Davidson lifted their price target on shares of Toast from $28.00 to $30.00 and gave the company a "neutral" rating in a research report on Wednesday, July 29th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $37.27.
Get Our Latest Research Report on Toast
Key Toast News
Here are the key news stories impacting Toast this week:
- Positive Sentiment: Revenue and business growth exceeded expectations. Toast reported quarterly revenue of $1.91 billion, above the $1.87 billion analyst consensus and up 23.1% year over year. The company also added a record 9,500 net locations. Toast Announces Second Quarter 2026 Financial Results
- Positive Sentiment: Recurring revenue streams and margins improved. Management said recurring gross profit streams grew 28% in the quarter, while GAAP operating-income margins expanded to 26%. These trends support the investment case that Toast is becoming more scalable and profitable. Toast Q2 2026 Earnings Call Transcript
- Neutral Sentiment: Investor expectations were elevated ahead of the report. Analysts had projected roughly 20.8% revenue growth, driven by subscription products, fintech services and artificial-intelligence adoption. Pre-earnings coverage also highlighted the need to monitor Toast’s cost structure and execution. Toast to Report Q2 Earnings
- Negative Sentiment: Profit fell short of estimates. Adjusted earnings were $0.26 per share, below the $0.32 consensus, although results improved from $0.13 per share in the year-ago quarter. The miss could limit upside if investors focus on near-term profitability.
- Negative Sentiment: An executive sold shares. Chief Revenue Officer Jonathan Vassil sold 14,280 shares worth approximately $469,700. The transaction was made under a pre-arranged Rule 10b5-1 plan, reducing its significance as a discretionary bearish signal. SEC insider-trading filing
About Toast
(
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.
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