Key Points
- CEO Aman Narang sold 42,105 Toast shares for approximately $1.48 million under a pre-arranged Rule 10b5-1 plan, reducing his direct stake by 26% to 119,843 shares. He also made several other recent sales.
- Toast reported quarterly revenue of $1.91 billion, up 23.1% year over year and above estimates, but adjusted EPS of $0.26 missed the $0.32 consensus forecast.
- Despite insider selling and valuation concerns, analysts maintain a Moderate Buy consensus with an average price target of $38.77; institutional investors own 82.91% of the company.
Toast, Inc. (NYSE:TOST - Get Free Report) CFO Elena Gomez sold 2,163 shares of the firm's stock in a transaction on Friday, August 7th. The stock was sold at an average price of $35.10, for a total value of $75,921.30. Following the transaction, the chief financial officer directly owned 165,911 shares of the company's stock, valued at approximately $5,823,476.10. This represents a 1.29% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Elena Gomez also recently made the following trade(s):
- On Monday, August 10th, Elena Gomez sold 5,761 shares of Toast stock. The stock was sold at an average price of $35.37, for a total value of $203,766.57.
- On Thursday, August 6th, Elena Gomez sold 900 shares of Toast stock. The shares were sold at an average price of $35.02, for a total value of $31,518.00.
- 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
Toast stock opened at $34.88 on Wednesday. The stock's 50 day moving average is $28.77 and its 200 day moving average is $27.89. The firm has a market cap of $17.93 billion, a P/E ratio of 44.71 and a beta of 1.72. Toast, Inc. has a one year low of $22.26 and a one year high of $45.64.
Toast (NYSE:TOST - Get Free Report) last released its earnings results on Tuesday, August 4th. The company reported $0.26 earnings per share for the quarter, missing analysts' consensus estimates of $0.32 by ($0.06). Toast had a net margin of 7.14% and a return on equity of 23.90%. The firm had revenue of $1.91 billion for the quarter, compared to analyst estimates of $1.87 billion. During the same period in the prior year, the company posted $0.13 EPS. The business's revenue for the quarter was up 23.1% compared to the same quarter last year. Equities analysts anticipate that Toast, Inc. will post 0.99 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
A number of equities analysts recently weighed in on the stock. Robert W. Baird lifted their target price on shares of Toast from $30.00 to $33.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 8th. Rothschild & Co Redburn reiterated a "neutral" rating and set a $35.00 price target on shares of Toast in a report on Tuesday, May 12th. Truist Financial lifted their price objective on Toast from $30.00 to $33.00 and gave the stock a "buy" rating in a research report on Friday, July 24th. Canaccord Genuity Group set a $40.00 price objective on Toast in a research note on Wednesday, August 5th. Finally, Morgan Stanley set a $45.00 target price on Toast in a research report on Friday, May 8th. Seventeen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $38.77.
Get Our Latest Report on Toast
Key Stories Impacting Toast
Here are the key news stories impacting Toast this week:
- Positive Sentiment: Toast expanded its global partnership with Adyen into the U.S. Adyen will provide payment capabilities for Toast’s restaurant, hospitality and retail customers, supporting a platform that processed more than $215 billion in gross payment volume across approximately 180,000 locations in the 12 months ended June 30, 2026. The agreement could strengthen Toast’s payments infrastructure and support continued growth. Adyen Expands Global Partnership with Toast into U.S.
- Positive Sentiment: Barclays reaffirmed its Buy rating, indicating continued confidence in Toast’s long-term growth prospects. Barclays Reaffirms Their Buy Rating on Toast
- Neutral Sentiment: Recent growth-stock coverage highlighted Toast as a potential long-term growth investment, though the commentary was based primarily on screening and style factors rather than a new company-specific operating update. Why Toast Is a Top Growth Stock for the Long-Term
- Negative Sentiment: Toast CEO Aman Narang sold approximately $5.72 million of shares across transactions on August 7 and August 10. CFO Elena Gomez also sold roughly $280,000 of stock. Because the trades were conducted under pre-arranged Rule 10b5-1 plans, they may reflect scheduled diversification rather than a negative view of the business, but the scale of the CEO’s sales can weigh on sentiment. Toast CEO Stock Sale Filing
- Negative Sentiment: DA Davidson raised its price target from $30 to $34 but maintained a Neutral rating, implying limited upside relative to recent trading levels and reinforcing valuation concerns. DA Davidson Toast Price Target Update
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the stock. Bayban bought a new stake in Toast in the fourth quarter valued at $25,000. SHP Wealth Management acquired a new stake in shares of Toast in the 4th quarter valued at about $29,000. Strive Financial Group LLC bought a new stake in Toast in the 4th quarter valued at about $29,000. Silicon Valley Capital Partners acquired a new position in Toast during the 4th quarter worth approximately $36,000. Finally, Quadrant Capital Group LLC boosted its holdings in Toast by 2,083.3% in the fourth quarter. Quadrant Capital Group LLC now owns 1,048 shares of the company's stock worth $37,000 after acquiring an additional 1,000 shares in the last quarter. 82.91% of the stock is owned by institutional investors.
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.
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