Insider Selling: Toast (NYSE:TOST) CFO Sells 5,761 Shares of Stock

Key Points

• Toast CFO Elena Gomez sold 5,761 shares for approximately $203,767 at an average price of $35.37. The transaction was made under a pre-arranged Rule 10b5-1 plan, leaving her with 160,150 shares.
• Toast shares recently traded near $34.88, well above their 50-day and 200-day moving averages. The company reported 23.1% year-over-year revenue growth to $1.91 billion, though quarterly EPS of $0.26 fell short of analyst expectations.
• Analyst sentiment remains generally positive, with a consensus “Moderate Buy” rating and an average price target of $38.77. However, additional executive selling—including roughly $5.72 million in stock sold by CEO Aman Narang—could weigh on investor sentiment.

Toast, Inc. (NYSE:TOST - Get Free Report) CFO Elena Gomez sold 5,761 shares of the company's stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $35.37, for a total value of $203,766.57. Following the transaction, the chief financial officer directly owned 160,150 shares in the company, valued at $5,664,505.50. The trade was a 3.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Elena Gomez also recently made the following trade(s):

• On Friday, August 7th, Elena Gomez sold 2,163 shares of Toast stock. The stock was sold at an average price of $35.10, for a total value of $75,921.30.
• On Thursday, August 6th, Elena Gomez sold 900 shares of Toast stock. The shares were sold at an average price of $35.02, for a total transaction of $31,518.00.
• On Wednesday, August 5th, Elena Gomez sold 16,176 shares of Toast stock. The shares were sold at an average price of $35.29, for a total transaction of $570,851.04.
• On Thursday, July 2nd, Elena Gomez sold 11,605 shares of Toast stock. The stock was sold at an average price of $28.85, for a total transaction of $334,804.25.

Toast Stock Performance

Shares of Toast stock traded down $0.81 during trading hours on Tuesday, reaching $34.88. The company's stock had a trading volume of 6,798,700 shares, compared to its average volume of 11,778,866. The stock's fifty day simple moving average is $28.60 and its two-hundred day simple moving average is $27.88. The company has a market capitalization of $17.93 billion, a P/E ratio of 44.71 and a beta of 1.72. Toast, Inc. has a one year low of $22.26 and a one year high of $45.64.

Toast (NYSE:TOST - Get Free Report) last posted its 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). Toast had a return on equity of 23.90% and a net margin of 7.14%.The business had revenue of $1.91 billion during the quarter, compared to analyst estimates of $1.87 billion. During the same quarter in the prior year, the company earned $0.13 EPS. The company's revenue was up 23.1% on a year-over-year basis. As a group, research analysts forecast that Toast, Inc. will post 0.99 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on TOST shares. UBS Group raised their target price on Toast from $34.00 to $39.00 and gave the company a "buy" rating in a report on Wednesday, August 5th. Evercore reissued an "outperform" rating on shares of Toast in a research report on Wednesday, August 5th. Citigroup upped their target price on shares of Toast from $36.00 to $39.00 and gave the stock a "buy" rating in a research note on Wednesday, August 5th. Keefe, Bruyette & Woods increased their price objective on shares of Toast from $30.00 to $35.00 and gave the company a "market perform" rating in a research note on Wednesday, August 5th. Finally, Royal Bank Of Canada boosted their target price on Toast from $31.00 to $36.00 and gave the stock a "sector perform" rating in a research note on Wednesday, August 5th. Seventeen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $38.77.

More Toast News

Here are the key news stories impacting Toast this week:

• Positive Sentiment: Toast expanded its global partnership with Adyen into the United States. The agreement could strengthen Toast’s payments infrastructure and support its growing platform, which processed more than $215 billion in gross payment volume across approximately 180,000 locations during the 12 months ended June 30, 2026. Adyen Expands Global Partnership with Toast into U.S.
• Positive Sentiment: Barclays reaffirmed its Buy rating on Toast, supporting the bullish long-term view among some analysts. Barclays Reaffirms Their Buy Rating on Toast
• Neutral Sentiment: DA Davidson raised its price target from $30 to $34 but maintained a Neutral rating. The revised target remains below the referenced trading level, indicating limited near-term upside in the firm’s view. DA Davidson Raises Toast Price Target
• Neutral Sentiment: Recent commentary from Zacks and other outlets highlights Toast as a potential long-term growth stock, but these articles do not provide a new operating or financial catalyst. Why Toast Is a Top Growth Stock for the Long Term
• Negative Sentiment: Toast CEO Aman Narang sold approximately $5.72 million of stock across transactions on August 7 and August 10. CFO Elena Gomez also sold approximately $280,000 of shares. Although both executives’ sales were conducted under pre-arranged Rule 10b5-1 plans, the scale of the transactions may pressure sentiment and is the clearest near-term negative catalyst. Toast Insider Sale Filing

Institutional Trading of Toast

A number of institutional investors have recently added to or reduced their stakes in the stock. Bayban bought a new stake in shares of Toast during the fourth quarter valued at about $25,000. SHP Wealth Management purchased a new position in Toast during the fourth quarter valued at approximately $29,000. Strive Financial Group LLC bought a new stake in Toast during the 4th quarter worth approximately $29,000. Silicon Valley Capital Partners purchased a new stake in Toast in the 4th quarter worth approximately $36,000. Finally, Quadrant Capital Group LLC boosted its holdings in Toast by 2,083.3% in the 4th quarter. Quadrant Capital Group LLC now owns 1,048 shares of the company's stock valued at $37,000 after purchasing an additional 1,000 shares during the period. Hedge funds and other institutional investors own 82.91% of the company's stock.

About Toast

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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