Toast (NYSE:TOST) CEO Aman Narang Sells 119,843 Shares of Stock

Toast, Inc. (NYSE:TOST) CEO Aman Narang sold 119,843 shares of the business’s stock in a transaction on Monday, August 10th. The stock was sold at an average price of $35.38, for a total value of $4,240,045.34. The transaction was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Aman Narang also recently made the following trade(s):

• On Friday, August 7th, Aman Narang sold 42,105 shares of Toast stock. The shares were sold at an average price of $35.13, for a total value of $1,479,148.65.
• On Thursday, August 6th, Aman Narang sold 13,510 shares of Toast stock. The stock was sold at an average price of $35.02, for a total value of $473,120.20.
• On Wednesday, August 5th, Aman Narang sold 124,542 shares of Toast stock. The stock was sold at an average price of $35.29, for a total value of $4,395,087.18.
• On Thursday, July 2nd, Aman Narang sold 14,365 shares of Toast stock. The shares were sold at an average price of $28.85, for a total transaction of $414,430.25.

Toast Trading Down 2.3%

Shares of TOST stock opened at $34.88 on Wednesday. Toast, Inc. has a twelve month low of $22.26 and a twelve month high of $45.64. The company’s 50-day moving average price is $28.77 and its 200-day moving average price is $27.89. The stock has a market cap of $17.93 billion, a price-to-earnings ratio of 44.71 and a beta of 1.72.

Toast (NYSE:TOST) last released its quarterly earnings data on Tuesday, August 4th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.06). Toast had a return on equity of 23.90% and a net margin of 7.14%.The firm had revenue of $1.91 billion for the quarter, compared to analyst estimates of $1.87 billion. During the same quarter in the previous year, the business posted $0.13 earnings per share. Toast’s revenue for the quarter was up 23.1% on a year-over-year basis. As a group, equities research analysts predict that Toast, Inc. will post 0.99 EPS for the current year.

Institutional Investors Weigh In On Toast

A number of hedge funds have recently bought and sold shares of the stock. Jennison Associates LLC increased its stake in shares of Toast by 1.0% during the fourth quarter. Jennison Associates LLC now owns 15,157,955 shares of the company’s stock worth $538,259,000 after buying an additional 157,394 shares during the period. Morgan Stanley lifted its stake in Toast by 6.7% in the fourth quarter. Morgan Stanley now owns 10,372,626 shares of the company’s stock worth $368,332,000 after acquiring an additional 653,487 shares during the last quarter. State Street Corp lifted its stake in Toast by 3.0% in the fourth quarter. State Street Corp now owns 9,820,594 shares of the company’s stock worth $348,729,000 after acquiring an additional 282,282 shares during the last quarter. XN LP grew its holdings in Toast by 50.8% during the 4th quarter. XN LP now owns 8,988,386 shares of the company’s stock worth $319,178,000 after acquiring an additional 3,029,856 shares in the last quarter. Finally, Geode Capital Management LLC grew its holdings in Toast by 2.0% during the 4th quarter. Geode Capital Management LLC now owns 8,675,056 shares of the company’s stock worth $307,214,000 after acquiring an additional 169,230 shares in the last quarter. Institutional investors and hedge funds own 82.91% of the company’s stock.

Toast News Roundup

Here are the key news stories impacting Toast this week:

• Positive Sentiment: Toast expanded its global partnership with Adyen into the U.S. Adyen will provide payment capabilities for Toast’s restaurant, hospitality and retail customers, supporting a platform that processed more than $215 billion in gross payment volume across approximately 180,000 locations in the 12 months ended June 30, 2026. The agreement could strengthen Toast’s payments infrastructure and support continued growth. Adyen Expands Global Partnership with Toast into U.S.
• Positive Sentiment: Barclays reaffirmed its Buy rating, indicating continued confidence in Toast’s long-term growth prospects. Barclays Reaffirms Their Buy Rating on Toast
• Neutral Sentiment: Recent growth-stock coverage highlighted Toast as a potential long-term growth investment, though the commentary was based primarily on screening and style factors rather than a new company-specific operating update. Why Toast Is a Top Growth Stock for the Long-Term
• Negative Sentiment: Toast CEO Aman Narang sold approximately $5.72 million of shares across transactions on August 7 and August 10. CFO Elena Gomez also sold roughly $280,000 of stock. Because the trades were conducted under pre-arranged Rule 10b5-1 plans, they may reflect scheduled diversification rather than a negative view of the business, but the scale of the CEO’s sales can weigh on sentiment. Toast CEO Stock Sale Filing
• Negative Sentiment: DA Davidson raised its price target from $30 to $34 but maintained a Neutral rating, implying limited upside relative to recent trading levels and reinforcing valuation concerns. DA Davidson Toast Price Target Update

Wall Street Analysts Forecast Growth

TOST has been the topic of a number of recent analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Toast in a report on Wednesday, May 20th. Mizuho cut their target price on Toast from $45.00 to $38.00 and set an “outperform” rating for the company in a research note on Tuesday, May 12th. Royal Bank Of Canada lifted their target price on Toast from $31.00 to $36.00 and gave the company a “sector perform” rating in a research report on Wednesday, August 5th. Evercore reaffirmed an “outperform” rating on shares of Toast in a research note on Wednesday, August 5th. Finally, Wells Fargo & Company increased their price target on Toast from $36.00 to $40.00 and gave the stock an “overweight” rating in a report on Wednesday, August 5th. Seventeen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $38.77.

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.