Key Points
- CRO Jonathan Vassil sold 14,280 Toast shares at an average $33.70, totaling $481,236. He retained 77,424 shares, and the sale was conducted under a pre-arranged Rule 10b5-1 plan.
- Toast reported quarterly revenue of $1.98 billion, up 21.3% year over year and slightly above estimates, while EPS of $0.29 missed the $0.37 consensus.
- Analyst sentiment was broadly positive: 17 analysts rated Toast a Buy and 11 a Hold, giving it a Moderate Buy consensus rating and a $38.65 consensus price target.
Toast, Inc. (NYSE:TOST - Get Free Report) CRO Jonathan Vassil sold 14,280 shares of the company's stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $33.70, for a total transaction of $481,236.00. Following the completion of the transaction, the executive directly owned 77,424 shares of the company's stock, valued at approximately $2,609,188.80. The trade was a 15.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Jonathan Vassil also recently made the following trade(s):
- On Monday, October 5th, Jonathan Vassil sold 7,623 shares of Toast stock. The stock was sold at an average price of $30.19, for a total value of $230,138.37.
- On Friday, October 2nd, Jonathan Vassil sold 13,465 shares of Toast stock. The stock was sold at an average price of $29.69, for a total value 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 value 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 shares were sold at an average price of $36.01, for a total value of $496,829.97.
Toast Stock Up 5.6%
TOST stock opened at $35.40 on Thursday. Toast, Inc. has a 52-week low of $22.26 and a 52-week high of $39.67. The stock's 50 day moving average is $31.91 and its two-hundred day moving average is $29.39. The company has a market capitalization of $18.19 billion, a PE ratio of 36.05 and a beta of 1.74.
Toast (NYSE:TOST - Get Free Report) last announced its earnings results on Tuesday, November 3rd. The company reported $0.29 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.37 by ($0.08). The business had revenue of $1.98 billion during the quarter, compared to analyst estimates of $1.97 billion. Toast had a net margin of 7.69% and a return on equity of 27.14%. The business's revenue for the quarter was up 21.3% on a year-over-year basis. During the same period in the previous year, the company earned $0.16 earnings per share. As a group, sell-side analysts anticipate that Toast, Inc. will post 1.00 EPS for the current year.
Analyst Ratings Changes
Several research firms recently issued reports on TOST. BMO Capital Markets upped their price target on shares of Toast from $35.00 to $40.00 and gave the company an "outperform" rating in a report on Wednesday, August 5th. Robert W. Baird raised their price objective on shares of Toast from $30.00 to $33.00 and gave the stock a "neutral" rating in a report on Wednesday, July 8th. The Goldman Sachs Group raised shares of Toast from a "neutral" rating to a "buy" rating and set a $36.00 target price for the company in a research report on Thursday, July 9th. Barclays upped their target price on shares of Toast from $35.00 to $39.00 and gave the company an "overweight" rating in a research note on Wednesday, August 5th. Finally, Bank of America initiated coverage on shares of Toast in a research report on Thursday, October 15th. They set a "buy" rating and a $40.00 price target on the stock. Seventeen investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $38.65.
View Our Latest Stock Report on TOST
Institutional Investors Weigh In On Toast
Institutional investors have recently made changes to their positions in the company. Principal Financial Group Inc. lifted its stake in Toast by 36.0% during the first quarter. Principal Financial Group Inc. now owns 7,977,244 shares of the company's stock worth $211,478,000 after purchasing an additional 2,111,009 shares during the last quarter. Junto Capital Management LP acquired a new position in Toast in the second quarter worth $54,320,000. Wellington Management Group LLP increased its stake in Toast by 131.9% during the second quarter. Wellington Management Group LLP now owns 2,456,114 shares of the company's stock valued at $68,329,000 after purchasing an additional 1,397,021 shares during the last quarter. Lead Edge Capital Management LLC bought a new stake in Toast during the first quarter valued at $34,632,000. Finally, Light Street Capital Management LLC bought a new stake in Toast during the second quarter valued at $32,480,000. 82.91% of the stock is currently owned by institutional investors.
More Toast News
Here are the key news stories impacting Toast this week:
- Positive Sentiment: Toast raised its 2026 adjusted EBITDA outlook to $840 million–$850 million and is targeting 26% growth in recurring gross profit. Management also highlighted AI expansion and plans for improved margins in 2027, supporting the growth outlook. Toast raises 2026 adjusted EBITDA outlook
- Positive Sentiment: Third-quarter revenue reached $1.98 billion, slightly above estimates and up 21.3% year over year, indicating continued business growth. Toast announces third-quarter 2026 results
- Neutral Sentiment: Toast named Michael Senno CFO, succeeding Elena Gomez, who is stepping away as president. A planned successor may help provide continuity, though the leadership transition adds uncertainty. Toast names Michael Senno CFO
- Negative Sentiment: EPS results were less clear-cut than revenue: one comparison showed $0.29 per share, below the $0.36 consensus, while another report described adjusted EPS of $0.37 as in line. The reported earnings miss may have tempered the positive outlook news. Toast third-quarter earnings report
- Negative Sentiment: Chief Revenue Officer Jonathan Vassil sold 14,280 shares. The sale was made under a pre-arranged 10b5-1 plan, which makes it less clearly a signal about near-term business prospects. SEC filing for Jonathan Vassil share sale
Toast Company Profile
(
Get Free Report)
Toast, Inc (NYSE:TOST) provides a cloud-based technology platform designed for restaurants. Its integrated system combines point-of-sale software and hardware with payment processing, helping restaurants manage sales, orders, menus, guest interactions and day-to-day operations from a unified platform.
The company offers products and services including online ordering, delivery management, digital ordering and payment tools, restaurant websites, gift cards, loyalty programs, marketing, labor management, payroll, inventory management, reporting and analytics.
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