Robeco Institutional Asset Management B.V. Has $33.40 Million Stock Holdings in Toast, Inc. $TOST

Robeco Institutional Asset Management B.V. lessened its holdings in Toast, Inc. (NYSE:TOST) by 3.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 914,718 shares of the company’s stock after selling 29,882 shares during the period. Robeco Institutional Asset Management B.V. owned 0.18% of Toast worth $33,396,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. IFM Investors Pty Ltd boosted its stake in Toast by 29.2% during the 2nd quarter. IFM Investors Pty Ltd now owns 83,803 shares of the company’s stock valued at $3,712,000 after purchasing an additional 18,950 shares during the period. K.J. Harrison & Partners Inc bought a new position in shares of Toast during the second quarter valued at $1,329,000. Reliant Investment Partners LLC bought a new position in shares of Toast in the second quarter valued at approximately $472,000. Northeast Investment Management raised its holdings in shares of Toast by 52.3% in the second quarter. Northeast Investment Management now owns 79,690 shares of the company’s stock valued at $3,529,000 after buying an additional 27,365 shares during the last quarter. Finally, Moody Lynn & Lieberson LLC bought a new position in Toast in the 2nd quarter worth approximately $1,169,000. 82.91% of the stock is currently owned by institutional investors.

Trending Headlines about Toast

Here are the key news stories impacting Toast this week:

• Positive Sentiment: Analyst initiation: A recent Seeking Alpha initiation recommends “Buy,” citing Toast’s scale in restaurant POS/SaaS, a narrow moat from customer switching costs, and stabilized results after earlier misses — a catalyst for buyers. Read More.
• Positive Sentiment: Solid revenue backdrop: Management’s latest quarter showed ~25% YoY revenue growth and revenue slightly above estimates, keeping analyst sentiment constructive (consensus “Moderate Buy” and average PT near $45). That fundamental strength supports upside expectations. Read More.
• Positive Sentiment: Market context: Coverage notes that Toast outperformed while the broader market dipped, suggesting relative demand for TOST among buyers today. Read More.
• Neutral Sentiment: Valuation and debate on pricing: Commentary (e.g., Yahoo Finance) questions whether current multiples and three‑year performance justify the stock price, leaving some investors assessing risk/reward rather than driving a clear directional move. Read More.
• Negative Sentiment: Large CRO sale: Chief Revenue Officer Jonathan Vassil sold 66,390 shares (~$2.38M) on Jan. 2, cutting his stake materially (~44% reduction). Large insider sells can spark concern about timing or personal diversification, pressuring sentiment. Read More.
• Negative Sentiment: Additional Jan. 5 insider sales: Multiple senior executives (CEO, CFO, President, General Counsel) disclosed modest sales at ~ $34.38. While sizes are smaller than the CRO transaction, clustered insider selling can add short‑term downward pressure or cause some investors to take profits. Read More.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on TOST. Robert W. Baird decreased their price objective on Toast from $48.00 to $36.00 and set a “neutral” rating for the company in a research note on Monday, October 6th. Morgan Stanley raised their price objective on shares of Toast from $54.00 to $56.00 and gave the stock an “overweight” rating in a report on Wednesday, November 5th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Toast in a research note on Monday, December 29th. Jefferies Financial Group cut their price target on Toast from $54.00 to $45.00 and set a “buy” rating on the stock in a report on Wednesday, November 5th. Finally, BNP Paribas Exane raised Toast from a “neutral” rating to an “outperform” rating and set a $40.00 target price on the stock in a research report on Monday, December 1st. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $45.18.

Insider Activity at Toast

In related news, President Stephen Fredette sold 4,866 shares of the business’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $34.38, for a total value of $167,293.08. Following the sale, the president owned 910,606 shares of the company’s stock, valued at $31,306,634.28. The trade was a 0.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, General Counsel Brian R. Elworthy sold 3,303 shares of the firm’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $34.38, for a total value of $113,557.14. Following the transaction, the general counsel directly owned 235,757 shares of the company’s stock, valued at approximately $8,105,325.66. This represents a 1.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 102,595 shares of company stock valued at $3,634,737. Corporate insiders own 12.14% of the company’s stock.

Toast Trading Up 1.8%

Shares of Toast stock opened at $36.73 on Thursday. Toast, Inc. has a 1-year low of $28.12 and a 1-year high of $49.66. The company has a market cap of $18.91 billion, a PE ratio of 85.41 and a beta of 1.93. The company has a 50 day moving average of $35.46 and a 200-day moving average of $39.73.

Toast (NYSE:TOST) last released its quarterly earnings data on Tuesday, November 4th. The company reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.24 by ($0.08). The business had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.58 billion. Toast had a net margin of 4.68% and a return on equity of 15.77%. The business’s quarterly revenue was up 25.1% compared to the same quarter last year. During the same period last year, the business earned $0.07 earnings per share. Research analysts forecast that Toast, Inc. will post 0.39 earnings per share for the current year.

Toast Company Profile

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.