Toast (NYSE:TOST) General Counsel Brian Elworthy Sells 3,303 Shares

Toast, Inc. (NYSE:TOST) General Counsel Brian Elworthy sold 3,303 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 transaction of $113,557.14. Following the completion of the sale, the general counsel owned 235,757 shares in the company, valued at $8,105,325.66. This represents a 1.38% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Toast Stock Performance

Toast stock traded up $1.60 during trading hours on Tuesday, hitting $36.10. 9,837,785 shares of the stock were exchanged, compared to its average volume of 10,598,915. The stock has a market capitalization of $18.59 billion, a P/E ratio of 83.95 and a beta of 1.93. Toast, Inc. has a 12 month low of $28.12 and a 12 month high of $49.66. The business’s 50-day moving average is $35.46 and its two-hundred day moving average is $39.80.

Toast (NYSE:TOST) last issued its quarterly earnings data on Tuesday, November 4th. The company reported $0.16 earnings per share (EPS) 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 the consensus estimate of $1.58 billion. Toast had a net margin of 4.68% and a return on equity of 15.77%. The company’s revenue for the quarter was up 25.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.07 EPS. On average, equities analysts predict that Toast, Inc. will post 0.39 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Toast

Several large investors have recently modified their holdings of TOST. Alliancebernstein L.P. lifted its holdings in shares of Toast by 2,432.8% during the 3rd quarter. Alliancebernstein L.P. now owns 8,215,758 shares of the company’s stock valued at $299,957,000 after purchasing an additional 7,891,383 shares in the last quarter. Jennison Associates LLC raised its holdings in Toast by 331.0% during the 2nd quarter. Jennison Associates LLC now owns 8,601,887 shares of the company’s stock worth $380,978,000 after buying an additional 6,606,245 shares during the period. Norges Bank bought a new position in Toast in the second quarter valued at approximately $219,324,000. Marshall Wace LLP increased its position in shares of Toast by 108.3% during the second quarter. Marshall Wace LLP now owns 7,887,409 shares of the company’s stock worth $349,333,000 after acquiring an additional 4,100,104 shares in the last quarter. Finally, ValueAct Holdings L.P. bought a new stake in shares of Toast during the third quarter worth $124,032,000. 82.91% of the stock is currently owned by institutional investors.

Key Stores Impacting Toast

Here are the key news stories impacting Toast this week:

• Positive Sentiment: Revenue growth and analyst coverage: Toast reported +25.1% year‑over‑year revenue and topped revenue estimates, and the stock still carries a consensus “Moderate Buy” with an average price target above the current market. MarketBeat TOST Summary
• Neutral Sentiment: High institutional ownership: ~82.9% of TOST is held by institutions, which can mute single‑day swings but also means large fund flows influence the stock. MarketBeat Institutional Data
• Neutral Sentiment: Executives retain significant positions after sales — senior leaders (CEO Aman Narang, CFO Elena Gomez, President Stephen Fredette, General Counsel Brian Elworthy and CRO Jonathan Vassil) still hold sizable stakes, which limits interpretation that sales equal loss of confidence. Sample SEC Form 4
• Negative Sentiment: Clustered insider selling: Multiple senior executives sold shares on Jan 2 and Jan 5, including a large CRO sale of 66,390 shares (~43.97% reduction) and additional sales by CEO, CFO, President and GC — a clear near‑term negative signal that can pressure sentiment. InsiderTrades Alert
• Negative Sentiment: Earnings detail: The company missed EPS consensus ($0.16 vs. $0.24) despite the revenue beat — an EPS miss can weigh on short‑term multiple and sentiment even with healthy top‑line growth. Earnings Summary

Analyst Ratings Changes

Several analysts have commented on TOST shares. Citigroup upgraded shares of Toast to a “strong-buy” rating in a research report on Thursday, October 23rd. Robert W. Baird dropped their price objective on Toast from $48.00 to $36.00 and set a “neutral” rating for the company in a report on Monday, October 6th. UBS Group restated a “buy” rating on shares of Toast in a report on Thursday, December 18th. The Goldman Sachs Group decreased their target price on Toast from $51.00 to $41.00 and set a “neutral” rating for the company in a research report on Monday, October 13th. Finally, Wells Fargo & Company upgraded shares of Toast to a “strong-buy” rating in a research report on Wednesday, October 22nd. Two analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Toast currently has an average rating of “Moderate Buy” and a consensus price target of $45.18.

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.