Toast, Inc. $TOST Holdings Raised by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in Toast, Inc. (NYSE:TOST) by 7.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 540,243 shares of the company’s stock after buying an additional 39,300 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.10% of Toast worth $18,379,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Quent Capital LLC purchased a new stake in Toast in the 3rd quarter worth approximately $27,000. Central Pacific Bank Trust Division lifted its position in Toast by 123.5% in the 4th quarter. Central Pacific Bank Trust Division now owns 943 shares of the company’s stock worth $33,000 after buying an additional 521 shares in the last quarter. Wolff Wiese Magana LLC purchased a new stake in Toast in the 3rd quarter worth approximately $37,000. Root Financial Partners LLC purchased a new stake in Toast in the 3rd quarter worth approximately $42,000. Finally, Smartleaf Asset Management LLC lifted its position in Toast by 59.1% in the 3rd quarter. Smartleaf Asset Management LLC now owns 1,182 shares of the company’s stock worth $44,000 after buying an additional 439 shares in the last quarter. Hedge funds and other institutional investors own 82.91% of the company’s stock.

Insiders Place Their Bets

In related news, CRO Jonathan Vassil sold 6,438 shares of the firm’s stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $26.19, for a total value of $168,611.22. Following the transaction, the executive directly owned 146,618 shares in the company, valued at approximately $3,839,925.42. This trade represents a 4.21% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Aman Narang sold 13,463 shares of the firm’s stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $26.19, for a total transaction of $352,595.97. Following the completion of the transaction, the chief executive officer owned 54,013 shares in the company, valued at $1,414,600.47. The trade was a 19.95% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 39,783 shares of company stock worth $1,041,917 in the last ninety days. 12.14% of the stock is owned by insiders.

Trending Headlines about Toast

Here are the key news stories impacting Toast this week:

• Positive Sentiment: Toast raised its full-year profitability outlook, guiding to $790 million to $810 million in adjusted EBITDA for FY2026, supported by expected 21% to 23% recurring gross profit growth. Article Title
• Positive Sentiment: Revenue continued to grow at a strong pace, with Q1 sales of about $1.63 billion and year-over-year growth around 22%, showing the business is still expanding quickly. Article Title
• Neutral Sentiment: Analysts were mixed on the quarter: some reports said Toast beat earnings expectations, while others said adjusted EPS came in below estimates depending on the metric used, which may be adding to the confusion around the stock. Article Title
• Neutral Sentiment: Toast’s Q1 earnings call transcript and related coverage suggest investors are still parsing management’s commentary for signs of margin durability and growth momentum. Article Title
• Negative Sentiment: The stock is under pressure because the market appears focused more on any earnings disappointment and valuation concerns than on the improved guidance. Article Title
• Negative Sentiment: Citigroup cut its price target on Toast to $36 from $42, signaling a more cautious near-term outlook even while maintaining a buy rating. Article Title

Toast Trading Down 14.8%

Toast stock opened at $25.03 on Friday. The company has a market capitalization of $12.90 billion, a P/E ratio of 38.50 and a beta of 1.81. The firm’s fifty day simple moving average is $27.82 and its 200-day simple moving average is $31.77. Toast, Inc. has a 1-year low of $24.04 and a 1-year high of $49.66.

Toast (NYSE:TOST) last posted its earnings results on Thursday, February 12th. The company reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.08). Toast had a net margin of 6.39% and a return on equity of 20.87%. The firm had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.62 billion. During the same quarter in the previous year, the business posted $0.05 earnings per share. The business’s quarterly revenue was up 22.0% compared to the same quarter last year. On average, equities research analysts predict that Toast, Inc. will post 0.81 earnings per share for the current year.

Toast declared that its board has initiated a share repurchase plan on Thursday, February 12th that permits the company to repurchase $0.00 in outstanding shares. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s management believes its stock is undervalued.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on TOST shares. Jefferies Financial Group set a $35.00 target price on shares of Toast in a research report on Friday, February 13th. UBS Group cut their target price on shares of Toast from $40.00 to $34.00 and set a “buy” rating for the company in a research report on Friday. Oppenheimer reiterated an “outperform” rating and issued a $36.00 target price on shares of Toast in a research report on Friday. Citigroup cut their target price on shares of Toast from $42.00 to $36.00 and set a “buy” rating for the company in a research report on Friday. Finally, Stephens set a $42.00 price target on shares of Toast in a report on Friday, January 16th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, Toast presently has a consensus rating of “Moderate Buy” and a consensus price target of $38.71.

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.