Toast (NYSE:TOST) CFO Elena Gomez Sells 900 Shares

August 8, 2026 by InsiderTrades.com

Key Points

CEO Aman Narang sold 124,542 Toast shares for approximately $4.4 million under a pre-arranged Rule 10b5-1 plan, reducing his ownership by 41.5% to 175,458 shares.
Toast reported 23.1% year-over-year revenue growth to $1.91 billion, exceeding estimates, but quarterly EPS of $0.26 missed the $0.32 consensus forecast.
Analyst sentiment remains favorable, with 17 Buy ratings and an average target price of $38.62, though valuation concerns and additional insider selling present risks.

Toast, Inc. (NYSE:TOST - Get Free Report) CFO Elena Gomez sold 900 shares of Toast stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $35.02, for a total transaction of $31,518.00. Following the sale, the chief financial officer directly owned 168,074 shares in the company, valued at approximately $5,885,951.48. The trade was a 0.53% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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Elena Gomez also recently made the following trade(s):

On Wednesday, August 5th, Elena Gomez sold 16,176 shares of Toast stock. The shares were sold at an average price of $35.29, for a total value of $570,851.04.
On Thursday, July 2nd, Elena Gomez sold 11,605 shares of Toast stock. The stock was sold at an average price of $28.85, for a total value of $334,804.25.

Toast Price Performance

Shares of TOST opened at $34.47 on Friday. The stock has a market cap of $17.72 billion, a PE ratio of 44.19 and a beta of 1.72. The firm has a 50-day simple moving average of $28.44 and a two-hundred day simple moving average of $27.90. Toast, Inc. has a 1-year low of $22.26 and a 1-year high of $46.11.

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Toast (NYSE:TOST - Get Free Report) last posted its earnings results on Tuesday, August 4th. The company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.06). Toast had a net margin of 7.14% and a return on equity of 23.90%. The company had revenue of $1.91 billion during the quarter, compared to analyst estimates of $1.87 billion. During the same quarter last year, the business posted $0.13 EPS. The firm's revenue for the quarter was up 23.1% on a year-over-year basis. As a group, sell-side analysts expect that Toast, Inc. will post 0.98 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in TOST. Capelight Capital Asset Management LP purchased a new position in shares of Toast in the 4th quarter valued at approximately $2,131,000. Robeco Institutional Asset Management B.V. raised its stake in shares of Toast by 6.3% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 972,230 shares of the company's stock worth $34,524,000 after purchasing an additional 57,512 shares during the last quarter. Lecap Asset Management Ltd. raised its stake in shares of Toast by 206.7% during the fourth quarter. Lecap Asset Management Ltd. now owns 59,123 shares of the company's stock worth $2,099,000 after purchasing an additional 39,847 shares during the last quarter. Campbell Capital Management Inc. acquired a new stake in shares of Toast during the fourth quarter worth $9,812,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Toast by 11.5% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 514,992 shares of the company's stock worth $18,287,000 after purchasing an additional 52,959 shares during the period. Hedge funds and other institutional investors own 82.91% of the company's stock.

More Toast News

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Here are the key news stories impacting Toast this week:

Positive Sentiment: Analysts raise price targets: BMO Capital Markets lifted its Toast price target to $40, while Needham and Keefe, Bruyette & Woods also expressed expectations for meaningful appreciation. These calls reinforce the bullish case following Toast’s growth and improving profitability. BMO Capital Markets Raises Toast Price Target Needham Forecasts Toast Price Appreciation Keefe Bruyette Woods Toast Outlook
Positive Sentiment: AI and partnership momentum: A report highlights Toast’s AI initiatives and relationships with Google and hotel operators as potential catalysts for expanding its addressable market and strengthening the long-term growth story. Toast AI, Google, and Hotel Partnership Report
Positive Sentiment: Options activity signals bullish positioning: High trading volume in Toast call options suggests some traders are positioning for additional upside, although options activity is a market signal rather than a change in fundamentals. Toast High Call Option Volume
Neutral Sentiment: Mixed quarterly results: Toast exceeded revenue expectations, reporting $1.91 billion, up 23.1% year over year, but adjusted earnings per share fell short of consensus estimates. The revenue growth supports the bull case, while the earnings miss raises questions about execution and near-term margins. Toast Second Quarter Sales Report
Negative Sentiment: Valuation concerns: A Seeking Alpha analysis recommended trimming the position, arguing that Toast’s valuation could become difficult to justify if growth or profitability slows. This is a risk after the stock’s recent rally. Toast Valuation Downgrade
Negative Sentiment: Executives sell shares: CEO Aman Narang sold approximately $4.9 million of Toast stock, while the CFO and CRO also sold shares. Because the transactions were made under pre-arranged Rule 10b5-1 plans, they may reflect scheduled diversification rather than diminished confidence, but the volume can still weigh on sentiment.

Analysts Set New Price Targets

TOST has been the subject of a number of research reports. Jefferies Financial Group set a $40.00 price objective on shares of Toast in a report on Wednesday. Zacks Research cut shares of Toast from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 7th. Truist Financial boosted their price target on shares of Toast from $30.00 to $33.00 and gave the stock a "buy" rating in a research note on Friday, July 24th. Royal Bank Of Canada upped their price objective on Toast from $31.00 to $36.00 and gave the stock a "sector perform" rating in a research report on Wednesday. Finally, UBS Group increased their price objective on Toast from $34.00 to $39.00 and gave the company a "buy" rating in a research note on Wednesday. Seventeen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, Toast presently has a consensus rating of "Moderate Buy" and an average price target of $38.62.

Read Our Latest Stock Report on Toast

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.