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

Toast, Inc. (NYSE:TOST) CRO Jonathan Vassil sold 14,280 shares of the stock in a transaction that occurred on Monday, November 2nd. The shares were sold at an average price of $33.70, for a total transaction of $481,236.00. Following the sale, the executive directly owned 77,424 shares of the company’s stock, valued at approximately $2,609,188.80. This represents a 15.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible 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 stock was sold at an average price of $30.19, for a total transaction 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 transaction of $399,775.85.
• On Wednesday, September 2nd, Jonathan Vassil sold 14,280 shares of Toast stock. The stock was sold at an average price of $33.90, for a total transaction of $484,092.00.
• On Friday, August 21st, Jonathan Vassil sold 85,280 shares of Toast stock. The shares were 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 shares were 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 value of $496,829.97.

Toast Stock Performance

Shares of NYSE:TOST opened at $35.19 on Friday. The company has a market capitalization of $18.09 billion, a PE ratio of 38.67 and a beta of 1.74. The stock has a fifty day moving average of $31.87 and a 200-day moving average of $29.40. Toast, Inc. has a one year low of $22.26 and a one year high of $39.67.

Toast (NYSE:TOST) last issued its earnings results on Tuesday, November 3rd. The company reported $0.29 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.08). The company had revenue of $1.98 billion during the quarter, compared to analyst estimates of $1.97 billion. Toast had a return on equity of 26.39% and a net margin of 7.69%. The business’s revenue was up 21.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.16 earnings per share. As a group, research analysts forecast that Toast, Inc. will post 1.00 EPS for the current fiscal year.

Key Toast News

Here are the key news stories impacting Toast this week:

• Positive Sentiment: Ruby Tuesday selected Toast for its restaurant technology platform, adding a recognizable chain customer and potentially expanding Toast’s reach. The deal’s financial terms were not disclosed, which may limit its immediate impact on estimates. Ruby Tuesday selects Toast
• Positive Sentiment: Toast raised its 2026 adjusted EBITDA outlook to $840 million–$850 million and is targeting 26% growth in recurring gross profit. Third-quarter revenue was $1.98 billion, up 21.3% year over year and slightly above estimates. Toast raises 2026 outlook
• Neutral Sentiment: Michael Senno will become CFO as Elena Gomez steps away as president. A named successor offers continuity, but the leadership transition may add uncertainty for investors. Toast names Michael Senno CFO
• Negative Sentiment: Third-quarter EPS of $0.29 missed the cited consensus estimate of $0.37, despite the revenue beat and improved outlook. The earnings shortfall may be weighing on the shares. Toast shares dip after earnings and CFO news
• Negative Sentiment: Chief Revenue Officer Jonathan Vassil sold 14,280 shares. The sale was made under a pre-arranged Rule 10b5-1 plan, so it is not necessarily a signal about his outlook for the company. SEC filing for Vassil share sale

Analyst Ratings Changes

A number of equities analysts recently weighed in on TOST shares. BNP Paribas Exane lowered Toast from an “outperform” rating to a “neutral” rating and decreased their price target for the company from $38.00 to $35.00 in a research report on Wednesday, September 2nd. BMO Capital Markets lifted their price target on Toast from $35.00 to $40.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 5th. Truist Financial cut their price objective on Toast from $39.00 to $38.00 and set a “buy” rating on the stock in a report on Monday, October 19th. Wells Fargo & Company upped their price objective on shares of Toast from $36.00 to $40.00 and gave the company an “overweight” rating in a research note on Wednesday, August 5th. Finally, The Goldman Sachs Group upgraded shares of 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. Seventeen analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $38.65.

Institutional Investors Weigh In On Toast

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Fifth Third Bancorp grew its holdings in Toast by 4.6% during the third quarter. Fifth Third Bancorp now owns 123,172 shares of the company’s stock valued at $3,571,000 after purchasing an additional 5,473 shares during the last quarter. Maryland State Retirement & Pension System raised its position in shares of Toast by 17.4% in the third quarter. Maryland State Retirement & Pension System now owns 28,696 shares of the company’s stock valued at $832,000 after purchasing an additional 4,259 shares during the period. Machina Capital S.A.S. lifted its stake in shares of Toast by 27.2% in the third quarter. Machina Capital S.A.S. now owns 23,007 shares of the company’s stock worth $667,000 after buying an additional 4,914 shares during the last quarter. Lido Advisors LLC lifted its stake in shares of Toast by 15.1% in the third quarter. Lido Advisors LLC now owns 155,652 shares of the company’s stock worth $4,512,000 after buying an additional 20,391 shares during the last quarter. Finally, Keybank National Association OH lifted its stake in shares of Toast by 84.6% in the third quarter. Keybank National Association OH now owns 40,960 shares of the company’s stock worth $1,187,000 after buying an additional 18,767 shares during the last quarter. 82.91% of the stock is owned by hedge funds and other institutional investors.

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.