Moody National Bank Trust Division Purchases 17,087 Shares of Toast, Inc. $TOST

Moody National Bank Trust Division increased its position in shares of Toast, Inc. (NYSE:TOST) by 65.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 43,000 shares of the company’s stock after purchasing an additional 17,087 shares during the period. Moody National Bank Trust Division’s holdings in Toast were worth $1,196,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Trinity Financial Advisors LLC purchased a new position in shares of Toast during the second quarter valued at approximately $227,000. CX Institutional lifted its stake in shares of Toast by 3,327.9% during the 2nd quarter. CX Institutional now owns 3,805 shares of the company’s stock worth $106,000 after acquiring an additional 3,694 shares during the last quarter. Lavelle Capital LP bought a new stake in shares of Toast during the 1st quarter worth approximately $1,458,000. Western Wealth Management LLC purchased a new position in Toast during the 1st quarter valued at $78,000. Finally, Royal Fund Management LLC boosted its holdings in Toast by 29.4% during the 1st quarter. Royal Fund Management LLC now owns 40,000 shares of the company’s stock valued at $1,060,000 after acquiring an additional 9,089 shares during the period. 82.91% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of analysts have weighed in on TOST shares. Citigroup increased their target price on Toast from $36.00 to $39.00 and gave the stock a “buy” rating in a research note on Wednesday. Barclays boosted their target price on shares of Toast from $35.00 to $39.00 and gave the company an “overweight” rating in a research note on Wednesday. Piper Sandler upped their price target on shares of Toast from $32.00 to $39.00 and gave the stock an “overweight” rating in a report on Wednesday. Morgan Stanley set a $45.00 price target on shares of Toast in a research note on Friday, May 8th. Finally, Zacks Research cut shares of Toast from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 7th. Seventeen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $38.38.

Insider Buying and Selling

In other news, President Stephen Fredette sold 9,146 shares of the business’s stock in a transaction dated Thursday, July 2nd. The shares were sold at an average price of $28.85, for a total value of $263,862.10. Following the completion of the sale, the president owned 931,449 shares in the company, valued at approximately $26,872,303.65. The trade was a 0.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CRO Jonathan Vassil sold 14,280 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $32.89, for a total transaction of $469,669.20. Following the completion of the sale, the executive directly owned 69,966 shares of the company’s stock, valued at $2,301,181.74. The trade was a 16.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 173,545 shares of company stock valued at $4,748,501 over the last quarter. 10.03% of the stock is owned by company insiders.

Toast Stock Up 3.4%

Shares of NYSE TOST opened at $34.95 on Thursday. Toast, Inc. has a twelve month low of $22.26 and a twelve month high of $46.81. The firm has a market cap of $18.03 billion, a PE ratio of 44.80 and a beta of 1.72. The business has a fifty day simple moving average of $28.08 and a two-hundred day simple moving average of $27.84.

Toast (NYSE:TOST) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.06). The firm had revenue of $1.91 billion for the quarter, compared to the consensus estimate of $1.87 billion. Toast had a return on equity of 23.91% and a net margin of 7.14%.Toast’s quarterly revenue was up 23.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.13 EPS. On average, research analysts expect that Toast, Inc. will post 0.97 earnings per share for the current year.

Toast News Roundup

Here are the key news stories impacting Toast this week:

• Positive Sentiment: Analysts raised their expectations. Needham lifted its price target from $35 to $45 and upgraded Toast to “buy.” BMO raised its target from $35 to $40 with an “outperform” rating, while Piper Sandler increased its target to $39 and assigned an “overweight” rating. These revisions indicate greater confidence in Toast’s growth and profitability prospects. Analyst price-target actions
• Positive Sentiment: Q2 revenue and operating trends were strong. Toast reported $1.91 billion in quarterly revenue, exceeding the $1.87 billion consensus estimate and increasing 23.1% year over year. Recurring gross profit streams grew 28%, GAAP operating-income margins expanded to 26%, and the company added a record 9,500 net locations. Toast second-quarter 2026 results
• Positive Sentiment: Management is reinvesting in AI and expansion. Toast plans to use its recent momentum to accelerate artificial-intelligence initiatives and broaden its restaurant-technology platform. The company also raised its 2026 outlook, reinforcing the bullish reaction to the earnings call. Toast Q2 earnings call and AI reinvestment
• Neutral Sentiment: Options activity points to heightened speculative interest. Investors purchased 20,735 call options, 34% above typical call volume. This may reflect bullish positioning, but options activity alone does not confirm sustained buying or a change in fundamentals.
• Negative Sentiment: Profitability results were mixed. One earnings report cited adjusted EPS of $0.26, below the $0.32 consensus, despite year-over-year improvement; a separate Zacks summary reported EPS of $0.34 and a beat. The conflicting figures create some uncertainty, while any confirmed earnings miss could temper upside after the recent rally.
• Negative Sentiment: The chief revenue officer sold shares. Jonathan Vassil sold 14,280 shares worth approximately $469,700, reducing his holdings by 16.95%. Because the sale occurred under a pre-arranged Rule 10b5-1 plan, it is a limited bearish signal. SEC insider-trading filing

Toast 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.