Toast (NYSE:TOST) CRO Sells $230,138.37 in Stock

October 7, 2026 by InsiderTrades.com

Key Points

Toast CRO Jonathan Vassil sold 7,623 shares for $230,138 at an average price of $30.19, reducing his position by 8.96% to 77,424 shares. The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan.
Toast shares opened at $30.25, with a $15.55 billion market capitalization and a price-to-earnings ratio of 38.78. The company’s latest quarterly revenue rose 23.1% year over year and exceeded estimates, although EPS missed analyst expectations.
Wall Street maintains a “Moderate Buy” consensus on Toast, with 16 Buy ratings and 11 Holds and an average price target of $39.12.

Toast, Inc. (NYSE:TOST - Get Free Report) CRO Jonathan Vassil sold 7,623 shares of Toast stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $30.19, for a total transaction of $230,138.37. Following the transaction, the executive owned 77,424 shares of the company's stock, valued at approximately $2,337,430.56. The trade was a 8.96% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Toast’s Comeback Story Is Getting Harder for Wall Street to Ignore

Jonathan Vassil also recently made the following trade(s):

On Friday, October 2nd, Jonathan Vassil sold 13,465 shares of Toast stock. The shares were sold at an average price of $29.69, for a total transaction of $399,775.85.
On Wednesday, September 2nd, Jonathan Vassil sold 14,280 shares of Toast stock. The stock was sold at an average price of $33.90, for a total transaction of $484,092.00.
On Friday, August 21st, Jonathan Vassil sold 85,280 shares of Toast stock. The shares were sold at an average price of $36.34, for a total value of $3,099,075.20.
On Wednesday, August 19th, Jonathan Vassil sold 13,931 shares of Toast stock. The shares were sold at an average price of $36.01, for a total value of $501,655.31.
On Tuesday, August 11th, Jonathan Vassil sold 13,797 shares of Toast stock. The stock was sold at an average price of $36.01, for a total value of $496,829.97.
On Wednesday, August 5th, Jonathan Vassil sold 4,700 shares of Toast stock. The shares were sold at an average price of $36.02, for a total value of $169,294.00.
On Monday, August 3rd, Jonathan Vassil sold 14,280 shares of Toast stock. The stock was sold at an average price of $32.89, for a total value of $469,669.20.

Toast Trading Up 0.7%

Shares of TOST stock opened at $30.25 on Wednesday. The company has a market capitalization of $15.55 billion, a price-to-earnings ratio of 38.78 and a beta of 1.74. Toast, Inc. has a twelve month low of $22.26 and a twelve month high of $39.72. The firm has a 50-day moving average price of $33.00 and a 200 day moving average price of $28.99.

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Toast (NYSE:TOST - Get Free Report) last posted its quarterly earnings data 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). 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 7.14% and a return on equity of 23.90%. The business's quarterly revenue was up 23.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.13 EPS. As a group, research analysts predict that Toast, Inc. will post 1 earnings per share for the current year.

Institutional Trading of Toast

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Principal Financial Group Inc. grew its position in Toast by 36.0% during the first quarter. Principal Financial Group Inc. now owns 7,977,244 shares of the company's stock valued at $211,478,000 after acquiring an additional 2,111,009 shares during the period. Arrowstreet Capital Limited Partnership increased its position in Toast by 5.4% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 4,579,046 shares of the company's stock worth $162,602,000 after purchasing an additional 235,572 shares in the last quarter. Bank of America Corp DE increased its position in Toast by 10.6% during the 1st quarter. Bank of America Corp DE now owns 4,866,197 shares of the company's stock worth $129,003,000 after purchasing an additional 465,006 shares in the last quarter. Renaissance Technologies LLC raised its holdings in Toast by 25.1% in the first quarter. Renaissance Technologies LLC now owns 4,321,437 shares of the company's stock valued at $114,561,000 after buying an additional 867,509 shares during the period. Finally, Amova Asset Management Americas Inc. raised its holdings in Toast by 0.4% in the first quarter. Amova Asset Management Americas Inc. now owns 3,817,961 shares of the company's stock valued at $101,176,000 after buying an additional 16,614 shares during the period. 82.91% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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Several equities research analysts have recently issued reports on the company. Needham & Company LLC raised their price objective on Toast from $35.00 to $45.00 and gave the stock a "buy" rating in a report on Wednesday, August 5th. BMO Capital Markets upped their target price on Toast from $35.00 to $40.00 and gave the company an "outperform" rating in a research note on Wednesday, August 5th. UBS Group increased their target price on Toast from $34.00 to $39.00 and gave the stock a "buy" rating in a research report on Wednesday, August 5th. Piper Sandler raised their price target on Toast from $32.00 to $39.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 5th. Finally, Barclays lifted their price target on Toast from $35.00 to $39.00 and gave the company an "overweight" rating in a report on Wednesday, August 5th. Sixteen analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $39.12.

Read Our Latest Stock Report on TOST

Trending Headlines about Toast

Here are the key news stories impacting Toast this week:

Positive Sentiment: Toast introduced a new Toast IQ team and expanded Toast IQ Grow, adding tools designed to help restaurants improve profitability, attract guests and manage labor. The initiatives could strengthen Toast’s artificial-intelligence and analytics offering, increase customer engagement and support additional software revenue. New Toast IQ Team and Expanded Toast IQ Grow
Neutral Sentiment: Several senior executives sold shares, including CEO Aman Narang, CFO Elena Gomez, CRO Jonathan Vassil, President Stephen Fredette and General Counsel Brian Elworthy. The reported transactions totaled approximately 63,562 shares worth about $1.88 million, including a later 7,623-share sale by Mr. Vassil. Most sales were made under pre-arranged Rule 10b5-1 plans or to cover tax-withholding obligations from vested equity awards, reducing their significance as a bearish signal. Toast executive Form 4 filing
Negative Sentiment: Valuation remains a potential overhang. Toast trades at roughly 39 times earnings, while its latest quarterly EPS fell short of analyst expectations even though revenue exceeded forecasts and rose 23.1% year over year. A recent Hold rating and the earnings miss could make investors more cautious until Toast demonstrates that new products can translate into accelerating profits.

Toast Company Profile

(Get Free Report)

Toast, Inc (NYSE:TOST) provides a cloud-based technology platform designed for restaurants and other foodservice businesses. Its platform combines point-of-sale hardware and software with tools for payment processing, menu and order management, employee operations, inventory, reporting and customer engagement.

The company's products and services support in-restaurant, online and delivery orders, as well as gift cards, loyalty programs, marketing and payroll-related functions. Toast also offers restaurant-specific hardware, including terminals, handheld devices, kitchen display systems and self-service kiosks, allowing businesses to manage operations through an integrated technology ecosystem.

Founded in 2011 and headquartered in Boston, Toast initially focused on helping restaurants replace traditional point-of-sale systems with cloud-based technology.