Toast, Inc. (NYSE:TOST – Get Free Report) CFO Elena Gomez sold 5,761 shares of the company’s stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $35.37, for a total value of $203,766.57. Following the completion of the transaction, the chief financial officer owned 160,150 shares in the company, valued at $5,664,505.50. This represents a 3.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Elena Gomez also recently made the following trade(s):
- On Friday, August 7th, Elena Gomez sold 2,163 shares of Toast stock. The stock was sold at an average price of $35.10, for a total value of $75,921.30.
- 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 transaction 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 transaction 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 transaction of $334,804.25.
Toast Price Performance
TOST stock traded down $0.81 during mid-day trading on Tuesday, hitting $34.88. 6,798,700 shares of the stock were exchanged, compared to its average volume of 11,778,866. The business has a fifty day moving average price of $28.60 and a 200 day moving average price of $27.88. Toast, Inc. has a 12 month low of $22.26 and a 12 month high of $45.64. The stock has a market capitalization of $17.93 billion, a price-to-earnings ratio of 44.71 and a beta of 1.72.
Hedge Funds Weigh In On Toast
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. BOKF NA lifted its stake in Toast by 4.5% in the third quarter. BOKF NA now owns 8,023 shares of the company’s stock worth $293,000 after acquiring an additional 345 shares during the period. Fifth Third Wealth Advisors LLC lifted its position in shares of Toast by 0.5% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 67,909 shares of the company’s stock worth $1,800,000 after purchasing an additional 358 shares during the period. The Manufacturers Life Insurance Company lifted its position in shares of Toast by 1.7% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 22,857 shares of the company’s stock worth $1,012,000 after purchasing an additional 380 shares during the period. Seven Mile Advisory boosted its stake in shares of Toast by 3.1% during the 3rd quarter. Seven Mile Advisory now owns 12,689 shares of the company’s stock valued at $463,000 after purchasing an additional 381 shares in the last quarter. Finally, HM Payson & Co. boosted its stake in shares of Toast by 6.2% during the 4th quarter. HM Payson & Co. now owns 6,742 shares of the company’s stock valued at $239,000 after purchasing an additional 392 shares in the last quarter. Institutional investors own 82.91% of the company’s stock.
Trending Headlines about Toast
Here are the key news stories impacting Toast this week:
- Positive Sentiment: Toast expanded its global partnership with Adyen into the United States. The agreement could strengthen Toast’s payments infrastructure and support its growing platform, which processed more than $215 billion in gross payment volume across approximately 180,000 locations during the 12 months ended June 30, 2026. Adyen Expands Global Partnership with Toast into U.S.
- Positive Sentiment: Barclays reaffirmed its Buy rating on Toast, supporting the bullish long-term view among some analysts. Barclays Reaffirms Their Buy Rating on Toast
- Neutral Sentiment: DA Davidson raised its price target from $30 to $34 but maintained a Neutral rating. The revised target remains below the referenced trading level, indicating limited near-term upside in the firm’s view. DA Davidson Raises Toast Price Target
- Neutral Sentiment: Recent commentary from Zacks and other outlets highlights Toast as a potential long-term growth stock, but these articles do not provide a new operating or financial catalyst. Why Toast Is a Top Growth Stock for the Long Term
- Negative Sentiment: Toast CEO Aman Narang sold approximately $5.72 million of stock across transactions on August 7 and August 10. CFO Elena Gomez also sold approximately $280,000 of shares. Although both executives’ sales were conducted under pre-arranged Rule 10b5-1 plans, the scale of the transactions may pressure sentiment and is the clearest near-term negative catalyst. Toast Insider Sale Filing
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently weighed in on the company. Morgan Stanley set a $45.00 target price on Toast in a research note on Friday, May 8th. Canaccord Genuity Group set a $40.00 price target on Toast in a research report on Wednesday, August 5th. Mizuho decreased their price target on Toast from $45.00 to $38.00 and set an “outperform” rating on the stock in a research note on Tuesday, May 12th. The Goldman Sachs Group upgraded Toast from a “neutral” rating to a “buy” rating and set a $36.00 price objective for the company in a research report on Thursday, July 9th. Finally, Rothschild & Co Redburn reissued a “neutral” rating and set a $35.00 price objective on shares of Toast in a research note on Tuesday, May 12th. Seventeen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, Toast presently has a consensus rating of “Moderate Buy” and an average target price of $38.77.
View Our Latest Analysis on TOST
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.
Featured Stories
- Five stocks we like better than Toast
- Atlassian Just Pulled Off the Software Comeback Wall Street Wanted
- AST SpaceMobile Earnings Just Reminded Investors How Risky Space Can Be
- NVIDIA’s Rally Sets Up a Bigger Test Ahead of Earnings
- Apple’s Next iPhone Could Test How Much Pricing Power Is Left
Receive News & Ratings for Toast Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Toast and related companies with MarketBeat.com's FREE daily email newsletter.
