Insider Selling: Toast (NYSE:TOST) Director Sells 1,667 Shares of Stock

Toast, Inc. (NYSE:TOST) Director Deval Patrick sold 1,667 shares of the company’s stock in a transaction dated Thursday, January 9th. The shares were sold at an average price of $36.95, for a total transaction of $61,595.65. Following the completion of the sale, the director directly owned 45,815 shares in the company, valued at approximately $1,692,864.25. The trade was a 3.51% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Toast Trading Down 5.2%

NYSE TOST traded down $1.54 on Thursday, reaching $27.92. The company’s stock had a trading volume of 8,965,639 shares, compared to its average volume of 11,215,932. The firm has a market cap of $14.63 billion, a PE ratio of 51.71 and a beta of 1.90. The business has a 50-day moving average price of $27.48 and a 200 day moving average price of $32.32. Toast, Inc. has a 52 week low of $24.35 and a 52 week high of $49.66.

Toast (NYSE:TOST) last posted its earnings results on Thursday, February 12th. The company reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.08). The business had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.62 billion. Toast had a net margin of 5.56% and a return on equity of 18.14%. The business’s revenue was up 22.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.05 EPS. Analysts anticipate that Toast, Inc. will post 0.81 earnings per share for the current fiscal year.

Toast announced that its board has authorized a share buyback plan on Thursday, February 12th that allows the company to repurchase $0.00 in outstanding shares. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company’s leadership believes its stock is undervalued.

Institutional Trading of Toast

Several large investors have recently added to or reduced their stakes in the company. Wynn Capital LLC grew its stake in Toast by 2.1% during the fourth quarter. Wynn Capital LLC now owns 13,755 shares of the company’s stock worth $488,000 after buying an additional 280 shares during the last quarter. Bridgewater Advisors Inc. grew its stake in shares of Toast by 2.3% during the third quarter. Bridgewater Advisors Inc. now owns 13,107 shares of the company’s stock valued at $472,000 after purchasing an additional 294 shares during the last quarter. Purus Wealth Management LLC grew its stake in shares of Toast by 5.8% during the third quarter. Purus Wealth Management LLC now owns 6,002 shares of the company’s stock valued at $219,000 after purchasing an additional 330 shares during the last quarter. Investment Management Corp VA ADV grew its stake in shares of Toast by 2.4% during the third quarter. Investment Management Corp VA ADV now owns 14,192 shares of the company’s stock valued at $518,000 after purchasing an additional 339 shares during the last quarter. Finally, BOKF NA grew its stake in shares of Toast by 4.5% during the third quarter. BOKF NA now owns 8,023 shares of the company’s stock valued at $293,000 after purchasing an additional 345 shares during the last quarter. 82.91% of the stock is owned by institutional investors.

Trending Headlines about Toast

Here are the key news stories impacting Toast this week:

• Positive Sentiment: BMO Capital/analyst coverage and upgrades — BMO initiated coverage with an outperform/strong‑buy view, a formal analyst initiation that typically supports demand for shares. BMO Capital initiates coverage of Toast (TOST) with outperform recommendation
• Positive Sentiment: Zacks / other upgrades — recent coverage/notes (reported via Zacks) upgraded Toast to a strong‑buy, adding further broker support. Zacks.com
• Positive Sentiment: Longer‑term growth thesis highlighted — a Seeking Alpha piece argues Toast is a high‑growth compounder with AI tailwinds, accelerating location, revenue and ARR growth and a move into higher‑margin software/fintech that could expand margins and valuation over time. Toast: A High-Growth Specialist With AI Tailwinds
• Neutral Sentiment: Upcoming earnings event — Toast will report Q1 2026 results after the close on May 7 and hold a conference call the same day; this is a near-term catalyst that could move the stock depending on revenue, margin and guidance. Toast Announces Release Date Of First Quarter 2026 Financial Results
• Neutral Sentiment: Partnerships & customer wins — press pieces (e.g., Alicart Group coverage) emphasize commercial traction in large U.S. dining rooms, supporting recurring revenue growth but not an immediate re‑rating on its own. Alicart Group and Toast Power America’s Busiest Dining Rooms
• Negative Sentiment: Profitability vs. cyclicality risk — coverage notes that Toast has “cracked profit,” which is positive, but several articles warn its fortunes remain tied to restaurant spend and a competitive payments/POS market — a downside risk if dining demand softens. Toast Finally Cracks Profit—But a Bigger Risk Looms

Wall Street Analyst Weigh In

A number of analysts recently weighed in on TOST shares. Loop Capital started coverage on shares of Toast in a research note on Tuesday, March 31st. They issued a “hold” rating and a $26.00 target price on the stock. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Toast in a research note on Monday, December 29th. Morgan Stanley set a $51.00 price objective on shares of Toast in a research note on Friday, February 13th. Mizuho decreased their price objective on shares of Toast from $57.00 to $45.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 17th. Finally, The Goldman Sachs Group decreased their price objective on shares of Toast from $43.00 to $31.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 17th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $39.48.

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.