Toast (NYSE:TOST) CRO Sells $469,669.20 in Stock

Toast, Inc. (NYSE:TOST) CRO Jonathan Vassil sold 14,280 shares of the firm’s stock in a transaction 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 transaction, the executive directly owned 69,966 shares of the company’s stock, valued at approximately $2,301,181.74. This represents a 16.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through 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 stock was sold at an average price of $30.03, for a total transaction 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 transaction of $191,765.95.

Toast Stock Performance

Shares of TOST stock opened at $34.85 on Friday. The stock has a market capitalization of $17.98 billion, a price-to-earnings ratio of 44.69 and a beta of 1.72. Toast, Inc. has a one year low of $22.26 and a one year high of $46.81. The company’s 50-day simple moving average is $28.28 and its 200-day simple moving average is $27.85.

Toast (NYSE:TOST) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.06). Toast had a net margin of 7.14% and a return on equity of 23.90%. The firm had revenue of $1.91 billion during the quarter, compared to the consensus estimate of $1.87 billion. During the same period in the prior year, the firm earned $0.13 earnings per share. The firm’s quarterly revenue was up 23.1% compared to the same quarter last year. As a group, research analysts forecast that Toast, Inc. will post 0.97 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of TOST. Bayban acquired a new position in shares of Toast during the fourth quarter worth approximately $25,000. SHP Wealth Management acquired a new stake in Toast in the 4th quarter valued at approximately $29,000. Strive Financial Group LLC bought a new stake in Toast during the 4th quarter valued at $29,000. Silicon Valley Capital Partners bought a new stake in Toast during the 4th quarter valued at $36,000. Finally, Quadrant Capital Group LLC boosted its position in Toast by 2,083.3% during the 4th quarter. Quadrant Capital Group LLC now owns 1,048 shares of the company’s stock worth $37,000 after acquiring an additional 1,000 shares during the period. Institutional investors own 82.91% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on TOST. Weiss Ratings reissued a “hold (c)” rating on shares of Toast in a research report on Wednesday, May 20th. Wall Street Zen cut shares of Toast from a “buy” rating to a “hold” rating in a report on Saturday, July 4th. Evercore reaffirmed an “outperform” rating on shares of Toast in a research report on Wednesday. Rothschild & Co Redburn reissued a “neutral” rating and issued a $35.00 target price on shares of Toast in a report on Tuesday, May 12th. Finally, Barclays lifted their target price on Toast from $35.00 to $39.00 and gave the company an “overweight” rating in a research note on Wednesday. Seventeen equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, Toast has a consensus rating of “Moderate Buy” and an average target price of $38.62.

Key Stories Impacting Toast

Here are the key news stories impacting Toast this week:

• Positive Sentiment: Revenue exceeded expectations and growth accelerated. Toast reported second-quarter 2026 revenue of $1.91 billion, above the $1.87 billion consensus and 23.1% higher year over year. The company also added a record 9,500 net locations, supporting confidence in continued customer adoption. Toast surprises with Q2 sales
• Positive Sentiment: Management is investing its upside in AI and expansion. Toast raised its 2026 outlook and said it will reinvest in artificial intelligence, product development and geographic expansion. Recurring gross profit streams reportedly grew 28%, reinforcing the long-term scalability thesis. Toast Q2 earnings call centers on AI-led reinvestment
• Positive Sentiment: Analysts raised price targets following the results. BMO lifted its target to $40 and assigned an outperform rating, Piper Sandler raised its target to $39 with an overweight rating, and Needham increased its target to $45 with a buy rating. These actions indicate improving confidence in Toast’s growth prospects. Analyst price-target changes
• Neutral Sentiment: Options activity suggests increased speculative interest. Investors purchased 20,735 Toast call options, about 34% above typical call volume. This may reflect bullish positioning, although options activity alone does not establish a change in fundamentals.
• Negative Sentiment: Adjusted earnings missed estimates. Toast reported $0.26 in EPS versus the $0.32 consensus, despite improving from $0.13 a year earlier. The profit shortfall could temper the market’s response if investors focus on near-term margins and execution. Toast Q2 earnings metrics
• Negative Sentiment: Valuation is becoming a concern. One analyst recommended trimming the position after the rally, arguing that expectations may be getting ahead of Toast’s fundamentals. With the stock trading at a relatively elevated earnings multiple, further gains may depend on sustained growth and improved profitability. Toast valuation downgrade
• Negative Sentiment: The CRO sold shares. Chief Revenue Officer Jonathan Vassil sold 14,280 shares worth approximately $469,700. The sale occurred under a pre-arranged Rule 10b5-1 plan, making it a weaker bearish signal than discretionary insider selling. Toast insider sale

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.