Toast (NYSE:TOST) CRO Jonathan Vassil Sells 14,280 Shares of Stock

Toast, Inc. (NYSE:TOST) CRO Jonathan Vassil sold 14,280 shares of the stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $32.89, for a total value of $469,669.20. Following the completion of the sale, the executive owned 69,966 shares of the company’s stock, valued at $2,301,181.74. This trade represents a 16.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Tuesday, July 7th, Jonathan Vassil sold 3,150 shares of Toast stock. The shares were sold at an average price of $30.03, for a total value of $94,594.50.
• On Thursday, July 2nd, Jonathan Vassil sold 6,647 shares of Toast stock. The shares were sold at an average price of $28.85, for a total value of $191,765.95.

Toast Stock Performance

NYSE TOST opened at $33.97 on Wednesday. The business has a 50 day simple moving average of $27.87 and a 200 day simple moving average of $27.83. Toast, Inc. has a 52-week low of $22.26 and a 52-week high of $49.66. The stock has a market cap of $17.53 billion, a price-to-earnings ratio of 52.26 and a beta of 1.72.

Toast (NYSE:TOST) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.06). The company had revenue of $1.91 billion during the quarter, compared to the consensus estimate of $1.87 billion. Toast had a net margin of 6.39% and a return on equity of 20.86%. The business’s quarterly revenue was up 23.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.13 EPS. On average, analysts predict that Toast, Inc. will post 0.97 EPS for the current year.

Key Stories Impacting Toast

Here are the key news stories impacting Toast this week:

• Positive Sentiment: Revenue and business growth exceeded expectations. Toast reported quarterly revenue of $1.91 billion, above the $1.87 billion analyst consensus and up 23.1% year over year. The company also added a record 9,500 net locations. Toast Announces Second Quarter 2026 Financial Results
• Positive Sentiment: Recurring revenue streams and margins improved. Management said recurring gross profit streams grew 28% in the quarter, while GAAP operating-income margins expanded to 26%. These trends support the investment case that Toast is becoming more scalable and profitable. Toast Q2 2026 Earnings Call Transcript
• Neutral Sentiment: Investor expectations were elevated ahead of the report. Analysts had projected roughly 20.8% revenue growth, driven by subscription products, fintech services and artificial-intelligence adoption. Pre-earnings coverage also highlighted the need to monitor Toast’s cost structure and execution. Toast to Report Q2 Earnings
• Negative Sentiment: Profit fell short of estimates. Adjusted earnings were $0.26 per share, below the $0.32 consensus, although results improved from $0.13 per share in the year-ago quarter. The miss could limit upside if investors focus on near-term profitability.
• Negative Sentiment: An executive sold shares. Chief Revenue Officer Jonathan Vassil sold 14,280 shares worth approximately $469,700. The transaction was made under a pre-arranged Rule 10b5-1 plan, reducing its significance as a discretionary bearish signal. SEC insider-trading filing

Analysts Set New Price Targets

A number of research firms have issued reports on TOST. The Goldman Sachs Group upgraded Toast from a “neutral” rating to a “buy” rating and set a $36.00 target price for the company in a report on Thursday, July 9th. UBS Group dropped their target price on Toast from $40.00 to $34.00 and set a “buy” rating on the stock in a research report on Friday, May 8th. Rothschild & Co Redburn restated a “neutral” rating and issued a $35.00 target price on shares of Toast in a research note on Tuesday, May 12th. Jefferies Financial Group reiterated a “buy” rating and issued a $38.00 price objective on shares of Toast in a report on Monday. Finally, Mizuho cut their price objective on shares of Toast from $45.00 to $38.00 and set an “outperform” rating on the stock in a research report on Tuesday, May 12th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat.com, Toast presently has a consensus rating of “Moderate Buy” and a consensus target price of $37.27.

Hedge Funds Weigh In On Toast

Several hedge funds and other institutional investors have recently made changes to their positions in TOST. Ballast Inc. acquired a new stake in Toast in the second quarter valued at $214,000. Canvas Wealth Advisors LLC acquired a new position in Toast during the second quarter worth approximately $345,000. Arkfeld Wealth Strategies L.L.C. raised its stake in Toast by 138.8% in the second quarter. Arkfeld Wealth Strategies L.L.C. now owns 264,821 shares of the company’s stock valued at $7,807,000 after buying an additional 153,928 shares during the period. Stonekeep Investments LLC acquired a new stake in shares of Toast in the second quarter valued at approximately $208,000. Finally, Handelsbanken Fonder AB boosted its stake in shares of Toast by 12.0% during the 2nd quarter. Handelsbanken Fonder AB now owns 151,500 shares of the company’s stock worth $4,215,000 after acquiring an additional 16,200 shares during the period. 82.91% of the stock is owned by institutional investors.

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.