Quantinno Capital Management LP Has $8.74 Million Stock Holdings in Toast, Inc. $TOST

Quantinno Capital Management LP lifted its stake in shares of Toast, Inc. (NYSE:TOST) by 150.6% in the first quarter, Holdings Channel.com reports. The fund owned 329,617 shares of the company’s stock after acquiring an additional 198,066 shares during the quarter. Quantinno Capital Management LP’s holdings in Toast were worth $8,738,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Norges Bank bought a new stake in Toast in the fourth quarter valued at approximately $202,808,000. ValueAct Holdings L.P. raised its holdings in Toast by 135.9% during the 4th quarter. ValueAct Holdings L.P. now owns 8,015,277 shares of the company’s stock worth $284,622,000 after purchasing an additional 4,618,077 shares during the last quarter. XN LP lifted its position in shares of Toast by 50.8% in the 4th quarter. XN LP now owns 8,988,386 shares of the company’s stock worth $319,178,000 after purchasing an additional 3,029,856 shares during the period. Principal Financial Group Inc. lifted its position in shares of Toast by 36.0% in the 1st 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 period. Finally, Worldquant Millennium Advisors LLC boosted its stake in shares of Toast by 343.6% in the 2nd quarter. Worldquant Millennium Advisors LLC now owns 1,792,209 shares of the company’s stock valued at $79,377,000 after purchasing an additional 1,388,210 shares during the last quarter. 82.91% of the stock is owned by institutional investors and hedge funds.

Toast Trading Up 3.6%

Toast stock opened at $33.97 on Wednesday. The firm has a market capitalization of $17.53 billion, a price-to-earnings ratio of 52.26 and a beta of 1.72. The firm’s fifty day moving average price is $27.87 and its two-hundred day moving average price is $27.83. Toast, Inc. has a 1-year low of $22.26 and a 1-year high of $49.66.

Toast (NYSE:TOST) last posted its earnings results on Tuesday, August 4th. The company reported $0.26 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.06). Toast had a return on equity of 20.86% and a net margin of 6.39%.The business had revenue of $1.91 billion for the quarter, compared to the consensus estimate of $1.87 billion. During the same period in the previous year, the firm earned $0.13 earnings per share. The company’s revenue was up 23.1% on a year-over-year basis. On average, research analysts forecast that Toast, Inc. will post 0.97 EPS for the current year.

Trending Headlines about Toast

Here are the key news stories impacting Toast this week:

• Positive Sentiment: Revenue and business growth exceeded expectations. Toast reported quarterly revenue of $1.91 billion, above the $1.87 billion analyst consensus and up 23.1% year over year. The company also added a record 9,500 net locations. Toast Announces Second Quarter 2026 Financial Results
• Positive Sentiment: Recurring revenue streams and margins improved. Management said recurring gross profit streams grew 28% in the quarter, while GAAP operating-income margins expanded to 26%. These trends support the investment case that Toast is becoming more scalable and profitable. Toast Q2 2026 Earnings Call Transcript
• Neutral Sentiment: Investor expectations were elevated ahead of the report. Analysts had projected roughly 20.8% revenue growth, driven by subscription products, fintech services and artificial-intelligence adoption. Pre-earnings coverage also highlighted the need to monitor Toast’s cost structure and execution. Toast to Report Q2 Earnings
• Negative Sentiment: Profit fell short of estimates. Adjusted earnings were $0.26 per share, below the $0.32 consensus, although results improved from $0.13 per share in the year-ago quarter. The miss could limit upside if investors focus on near-term profitability.
• Negative Sentiment: An executive sold shares. Chief Revenue Officer Jonathan Vassil sold 14,280 shares worth approximately $469,700. The transaction was made under a pre-arranged Rule 10b5-1 plan, reducing its significance as a discretionary bearish signal. SEC insider-trading filing

Insider Buying and Selling at Toast

In other news, CEO Aman Narang sold 14,365 shares of the firm’s stock in a transaction that occurred on Thursday, July 2nd. The stock was sold at an average price of $28.85, for a total value of $414,430.25. Following the transaction, the chief executive officer owned 70,451 shares in the company, valued at $2,032,511.35. This trade represents a 16.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Elena Gomez sold 11,605 shares of the firm’s stock in a transaction that occurred on Thursday, July 2nd. The shares were sold at an average price of $28.85, for a total value of $334,804.25. Following the completion of the transaction, the chief financial officer owned 185,150 shares in the company, valued at $5,341,577.50. This represents a 5.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders have sold 173,545 shares of company stock worth $4,748,501. 10.03% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. Oppenheimer reiterated an “outperform” rating and set a $36.00 price objective on shares of Toast in a research report on Friday, May 8th. Wall Street Zen downgraded Toast from a “buy” rating to a “hold” rating in a report on Saturday, July 4th. Rothschild & Co Redburn reissued a “neutral” rating and issued a $35.00 price objective on shares of Toast in a research note on Tuesday, May 12th. Mizuho decreased their target price on Toast from $45.00 to $38.00 and set an “outperform” rating for the company in a research note on Tuesday, May 12th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Toast in a research note on Wednesday, May 20th. Two analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Toast has a consensus rating of “Moderate Buy” and a consensus target price of $37.27.

About Toast

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.