Versor Investments LP Acquires Shares of 24,900 Toast, Inc. $TOST

Versor Investments LP bought a new position in Toast, Inc. (NYSE:TOST) during the third quarter, HoldingsChannel.com reports. The fund bought 24,900 shares of the company’s stock, valued at approximately $909,000.

A number of other large investors have also recently made changes to their positions in the stock. RiverPark Advisors LLC bought a new stake in Toast during the 2nd quarter valued at about $30,000. Ameritas Advisory Services LLC purchased a new position in shares of Toast during the second quarter worth approximately $31,000. Quent Capital LLC bought a new stake in shares of Toast during the third quarter valued at approximately $27,000. Alpine Bank Wealth Management purchased a new stake in shares of Toast in the third quarter valued at approximately $30,000. Finally, Motco bought a new position in Toast in the second quarter worth approximately $44,000. 82.91% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Toast

In other news, General Counsel Brian R. Elworthy sold 3,303 shares of the stock in a transaction on Monday, January 5th. The stock was sold at an average price of $34.38, for a total transaction of $113,557.14. Following the completion of the sale, the general counsel owned 235,757 shares in the company, valued at approximately $8,105,325.66. This represents a 1.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, President Stephen Fredette sold 1,060 shares of the firm’s stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $30.34, for a total value of $32,160.40. Following the completion of the sale, the president directly owned 913,067 shares of the company’s stock, valued at $27,702,452.78. The trade was a 0.12% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 100,856 shares of company stock valued at $3,540,449 over the last three months. Company insiders own 12.14% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Wolfe Research lowered Toast from an “outperform” rating to a “peer perform” rating in a research report on Thursday, January 8th. BNP Paribas Exane upgraded Toast from a “hold” rating to an “outperform” rating and set a $40.00 price target on the stock in a research note on Monday, December 1st. Royal Bank Of Canada set a $45.00 price objective on shares of Toast in a research note on Wednesday, November 5th. Citigroup upgraded shares of Toast to a “strong-buy” rating in a report on Thursday, October 23rd. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Toast in a report on Monday, December 29th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $45.55.

Toast Stock Performance

NYSE:TOST opened at $29.50 on Wednesday. The company’s 50-day simple moving average is $34.04 and its 200-day simple moving average is $37.58. Toast, Inc. has a fifty-two week low of $26.92 and a fifty-two week high of $49.66. The stock has a market capitalization of $15.19 billion, a P/E ratio of 68.60 and a beta of 1.93.

Toast News Summary

Here are the key news stories impacting Toast this week:

• Positive Sentiment: Multiple brokerages have an overall “Moderate Buy” / bullish stance on Toast, which supports demand for shares and can lift sentiment among retail and institutional investors. Toast, Inc. (NYSE:TOST) Given Average Rating of “Moderate Buy” by Brokerages
• Positive Sentiment: Unusually large call-option activity—about 43,533 calls bought (up ~210% vs. average)—signals bullish positioning by options traders and can amplify intraday upside or volatility. Options activity report
• Positive Sentiment: Zacks/other outlets report that brokers are recommending investing in Toast, reinforcing buy-side momentum heading into earnings. Analyst tone can help underpin the rally. Brokers Suggest Investing in Toast (TOST): Read This Before Placing a Bet
• Neutral Sentiment: Pre-earnings previews outline key metrics (ARR, AI adoption, Uber tie-up) and give investors expectations to price into the Q4 print; these previews increase short-term focus but are not directional until results arrive. Countdown to Toast (TOST) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS
• Neutral Sentiment: General Q4 earnings previews highlight both growth drivers (ARR, AI, partnerships) and headwinds (tariffs, bad debt), suggesting potential for mixed guidance and volatility around the report. Toast Nears Q4 Earnings Release: Here’s What Investors Need to Know
• Neutral Sentiment: Coverage pieces previewing “what to expect” from Q4 keep investor attention high; such previews can amplify moves but don’t change fundamentals ahead of the actual report. Toast (TOST) Q4 earnings: What to expect
• Neutral Sentiment: Coverage of an Instacart partnership frames a trade-off: potential omnichannel strength vs. margin pressure from delivery/fulfillment economics — a story that could be positive long-term but raises near-term margin monitoring. Is Toast’s (TOST) Instacart Tie-Up a Step Toward Durable Omnichannel Moats or Margin Strain?
• Negative Sentiment: Media criticism from commentators (e.g., Jim Cramer) warning that a strong device/product alone isn’t enough can sap sentiment among retail traders and add selling pressure if earnings disappoint. Jim Cramer on Toast (TOST): “They’ve Got a Great Device, But You Know What, That’s Not Enough”

Toast 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.