Toast (NYSE:TOST) CFO Elena Gomez Sells 2,163 Shares of Stock

Key Points

• CFO Elena Gomez sold 2,163 Toast shares at an average price of $35.10, worth $75,921, under a pre-arranged Rule 10b5-1 plan. She retained 165,911 shares, while recent additional sales brought her total disclosed sales to roughly $1.2 million.
• Toast shares fell 2.3% to $34.88, despite quarterly revenue rising 23.1% year over year to $1.91 billion. Earnings of $0.26 per share missed analyst expectations of $0.32.
• Analysts remain generally positive, with a consensus “Moderate Buy” rating and an average price target of $38.77; 17 analysts rate the stock a Buy and nine rate it a Hold.

Toast, Inc. (NYSE:TOST - Get Free Report) CFO Elena Gomez sold 2,163 shares of the business's stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $35.10, for a total transaction of $75,921.30. Following the completion of the transaction, the chief financial officer owned 165,911 shares in the company, valued at $5,823,476.10. The trade was a 1.29% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at 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 Monday, August 10th, Elena Gomez sold 5,761 shares of Toast stock. The shares were sold at an average price of $35.37, for a total transaction of $203,766.57.
• On Thursday, August 6th, Elena Gomez sold 900 shares of Toast stock. The stock was sold at an average price of $35.02, for a total value 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 value of $570,851.04.
• On Thursday, July 2nd, Elena Gomez sold 11,605 shares of Toast stock. The shares were sold at an average price of $28.85, for a total value of $334,804.25.

Toast Trading Down 2.3%

NYSE TOST traded down $0.81 on Tuesday, hitting $34.88. The company's stock had a trading volume of 6,798,700 shares, compared to its average volume of 11,778,866. Toast, Inc. has a 52-week low of $22.26 and a 52-week high of $45.64. The company's 50-day simple moving average is $28.60 and its 200 day simple moving average is $27.88. The firm has a market cap of $17.93 billion, a P/E ratio of 44.71 and a beta of 1.72.

Toast (NYSE:TOST - Get Free Report) last posted its earnings results 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). The business had revenue of $1.91 billion for the quarter, compared to analysts' expectations of $1.87 billion. Toast had a net margin of 7.14% and a return on equity of 23.90%. Toast's quarterly revenue was up 23.1% on a year-over-year basis. During the same period last year, the firm posted $0.13 earnings per share. On average, research analysts forecast that Toast, Inc. will post 0.99 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on TOST shares. Oppenheimer raised their target price on shares of Toast from $36.00 to $38.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 5th. UBS Group increased their target price on Toast from $34.00 to $39.00 and gave the stock a "buy" rating in a research report on Wednesday, August 5th. Keefe, Bruyette & Woods lifted their price target on Toast from $30.00 to $35.00 and gave the company a "market perform" rating in a research report on Wednesday, August 5th. Canaccord Genuity Group set a $40.00 price objective on Toast in a report on Wednesday, August 5th. Finally, DA Davidson raised their price objective on Toast from $30.00 to $34.00 and gave the company a "neutral" rating in a research report on Monday. Seventeen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Toast presently has an average rating of "Moderate Buy" and a consensus price target of $38.77.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in TOST. Jennison Associates LLC grew its stake in shares of Toast by 1.0% in the fourth quarter. Jennison Associates LLC now owns 15,157,955 shares of the company's stock worth $538,259,000 after acquiring an additional 157,394 shares during the last quarter. Morgan Stanley boosted its stake in Toast by 6.7% in the 4th quarter. Morgan Stanley now owns 10,372,626 shares of the company's stock worth $368,332,000 after purchasing an additional 653,487 shares in the last quarter. State Street Corp grew its position in Toast by 3.0% during the 4th quarter. State Street Corp now owns 9,820,594 shares of the company's stock valued at $348,729,000 after purchasing an additional 282,282 shares during the last quarter. XN LP grew its position in Toast by 50.8% during the 4th quarter. XN LP now owns 8,988,386 shares of the company's stock valued at $319,178,000 after purchasing an additional 3,029,856 shares during the last quarter. Finally, Geode Capital Management LLC increased its stake in Toast by 2.0% during the 4th quarter. Geode Capital Management LLC now owns 8,675,056 shares of the company's stock valued at $307,214,000 after purchasing an additional 169,230 shares in the last quarter. Hedge funds and other institutional investors own 82.91% of the company's stock.

Trending Headlines about Toast

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

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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