Insider Selling: Toast (NYSE:TOST) CRO Sells $481,236.00 in Stock

Toast, Inc. (NYSE:TOST) CRO Jonathan Vassil sold 14,280 shares of the firm’s stock in a transaction dated Monday, November 2nd. The stock was sold at an average price of $33.70, for a total transaction of $481,236.00. Following the completion of the sale, the executive directly owned 77,424 shares of the company’s stock, valued at approximately $2,609,188.80. The trade was a 15.57% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Jonathan Vassil also recently made the following trade(s):

• On Monday, October 5th, Jonathan Vassil sold 7,623 shares of Toast stock. The shares were sold at an average price of $30.19, for a total value of $230,138.37.
• On Friday, October 2nd, Jonathan Vassil sold 13,465 shares of Toast stock. The stock was sold at an average price of $29.69, for a total value of $399,775.85.
• On Wednesday, September 2nd, Jonathan Vassil sold 14,280 shares of Toast stock. The shares were sold at an average price of $33.90, for a total value of $484,092.00.
• On Friday, August 21st, Jonathan Vassil sold 85,280 shares of Toast stock. The stock was sold at an average price of $36.34, for a total value of $3,099,075.20.
• On Wednesday, August 19th, Jonathan Vassil sold 13,931 shares of Toast stock. The stock was sold at an average price of $36.01, for a total value of $501,655.31.
• On Tuesday, August 11th, Jonathan Vassil sold 13,797 shares of Toast stock. The shares were sold at an average price of $36.01, for a total transaction of $496,829.97.

Toast Trading Up 5.6%

Shares of NYSE TOST traded up $1.86 during mid-day trading on Wednesday, reaching $35.40. The company had a trading volume of 20,822,185 shares, compared to its average volume of 10,919,146. The stock has a market cap of $18.19 billion, a price-to-earnings ratio of 45.38 and a beta of 1.74. Toast, Inc. has a 52 week low of $22.26 and a 52 week high of $39.67. The business’s 50-day moving average is $31.93 and its 200-day moving average is $29.38.

Toast (NYSE:TOST) last released its quarterly earnings data on Tuesday, November 3rd. The company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by ($0.07). The company had revenue of $1.98 billion during the quarter, compared to analysts’ expectations of $1.97 billion. Toast had a net margin of 7.14% and a return on equity of 23.90%. Toast’s quarterly revenue was up 21.3% on a year-over-year basis. During the same period last year, the firm earned $0.16 earnings per share. As a group, equities research analysts forecast that Toast, Inc. will post 1.00 earnings per share for the current year.

Key Headlines Impacting Toast

Here are the key news stories impacting Toast this week:

• Positive Sentiment: Toast reported third-quarter revenue of $1.98 billion, up 21.3% year over year and slightly above estimates. It also raised its full-year 2026 adjusted EBITDA outlook to $840 million–$850 million and highlighted a target of 26% recurring gross profit growth. Article: Toast raises full-year 2026 adjusted EBITDA outlook
• Positive Sentiment: Management discussed AI-related growth opportunities and its 2027 margin plans, which may support longer-term growth and profitability if executed successfully. Article: Toast Q3 Earnings Call Highlights AI Growth and 2027 Outlook
• Negative Sentiment: Quarterly EPS was mixed across reported measures: one earnings summary put EPS at $0.29, below the $0.36 estimate, while Zacks reported adjusted EPS of $0.37, in line with consensus. The shortfall on the former measure may have contributed to the initial negative reaction to the results. Article: Toast stock dips despite Q3 beat, guidance above estimates as CFO announces exit
• Negative Sentiment: Toast announced that Elena Gomez will step away as president; coverage also described a CFO departure. The leadership change adds uncertainty as the company pursues its growth and margin plans. Article: Toast announces Elena Gomez will step away as president

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. HB Wealth Management LLC lifted its holdings in shares of Toast by 2.5% during the second quarter. HB Wealth Management LLC now owns 12,748 shares of the company’s stock worth $355,000 after purchasing an additional 315 shares during the period. Americana Partners LLC increased its holdings in Toast by 4.0% in the 3rd quarter. Americana Partners LLC now owns 11,086 shares of the company’s stock worth $321,000 after buying an additional 422 shares during the period. Hickory Point Bank & Trust increased its holdings in Toast by 10.0% in the 3rd quarter. Hickory Point Bank & Trust now owns 5,500 shares of the company’s stock worth $159,000 after buying an additional 500 shares during the period. Toth Financial Advisory Corp raised its position in Toast by 16.9% during the 3rd quarter. Toth Financial Advisory Corp now owns 3,561 shares of the company’s stock worth $103,000 after buying an additional 516 shares during the last quarter. Finally, Canvas Wealth Advisors LLC raised its position in Toast by 4.2% during the 3rd quarter. Canvas Wealth Advisors LLC now owns 12,923 shares of the company’s stock worth $407,000 after buying an additional 524 shares during the last quarter. 82.91% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have commented on TOST shares. Zacks Research downgraded Toast from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 7th. Jefferies Financial Group set a $40.00 target price on Toast in a report on Wednesday, August 5th. Sanford C. Bernstein increased their price target on Toast from $39.00 to $45.00 and gave the stock an “outperform” rating in a research report on Thursday, August 6th. Needham & Company LLC reaffirmed a “buy” rating and issued a $45.00 price objective on shares of Toast in a research note on Wednesday. Finally, Bank of America initiated coverage on shares of Toast in a report on Thursday, October 15th. They set a “buy” rating and a $40.00 target price on the stock. Seventeen investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $39.00.

About Toast

Toast, Inc (NYSE:TOST) provides a cloud-based technology platform designed for restaurants. Its integrated system combines point-of-sale software and hardware with payment processing, helping restaurants manage sales, orders, menus, guest interactions and day-to-day operations from a unified platform.

The company offers products and services including online ordering, delivery management, digital ordering and payment tools, restaurant websites, gift cards, loyalty programs, marketing, labor management, payroll, inventory management, reporting and analytics.