Elena Gomez Sells 5,761 Shares of Toast (NYSE:TOST) Stock

Toast, Inc. (NYSE:TOST) CFO Elena Gomez sold 5,761 shares of the business’s stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $35.37, for a total value of $203,766.57. Following the transaction, the chief financial officer owned 160,150 shares of the company’s stock, valued at $5,664,505.50. This represents a 3.47% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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 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 transaction of $334,804.25.

Toast Stock Performance

Toast stock opened at $34.14 on Thursday. Toast, Inc. has a one year low of $22.26 and a one year high of $45.64. The company has a 50-day simple moving average of $28.95 and a 200-day simple moving average of $27.89. The firm has a market capitalization of $17.55 billion, a P/E ratio of 43.77 and a beta of 1.72.

Toast (NYSE:TOST) last issued 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). The firm had revenue of $1.91 billion during the quarter, compared to the consensus estimate of $1.87 billion. Toast had a net margin of 7.14% and a return on equity of 23.90%. The company’s revenue for the quarter was up 23.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.13 earnings per share. As a group, sell-side analysts forecast that Toast, Inc. will post 1 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Rothschild & Co Redburn reiterated a “neutral” rating and set a $35.00 price objective on shares of Toast in a research report on Tuesday, May 12th. Zacks Research cut Toast from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 7th. UBS Group lifted their target price on Toast from $34.00 to $39.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Canaccord Genuity Group set a $40.00 price target on Toast in a research report on Wednesday, August 5th. Finally, Morgan Stanley set a $45.00 price target on Toast in a research note on Friday, May 8th. Seventeen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, Toast currently has a consensus rating of “Moderate Buy” and a consensus price target of $39.00.

Institutional Investors Weigh In On Toast

Institutional investors and hedge funds have recently bought and sold shares of the business. NewEdge Advisors LLC raised its holdings in shares of Toast by 1,555.5% in the 1st quarter. NewEdge Advisors LLC now owns 17,432 shares of the company’s stock worth $578,000 after purchasing an additional 16,379 shares in the last quarter. Cerity Partners LLC lifted its holdings in shares of Toast by 24.0% in the second quarter. Cerity Partners LLC now owns 81,574 shares of the company’s stock valued at $3,613,000 after purchasing an additional 15,774 shares in the last quarter. State Street Corp boosted its position in Toast by 2.7% during the 2nd quarter. State Street Corp now owns 9,212,889 shares of the company’s stock worth $408,039,000 after acquiring an additional 245,276 shares during the period. Frontier Capital Management Co. LLC acquired a new stake in shares of Toast during the second quarter worth approximately $4,479,000. Finally, Sei Investments Co. boosted its stake in shares of Toast by 24.6% during the 2nd quarter. Sei Investments Co. now owns 1,030,007 shares of the company’s stock valued at $45,619,000 after buying an additional 203,404 shares during the period. 82.91% of the stock is owned by institutional investors and hedge funds.

Key Toast News

Here are the key news stories impacting Toast this week:

• Positive Sentiment: Toast’s Q2 revenue increased 23.1% year over year to $1.91 billion, exceeding analysts’ $1.87 billion estimate. The company also earned $0.26 per share, compared with $0.13 a year earlier, demonstrating continued operating improvement despite missing the $0.32 consensus forecast. 5 Insightful Analyst Questions From Toast’s Q2 Earnings Call
• Positive Sentiment: Toast expanded its partnership with Adyen into the United States. Adyen will provide payment capabilities for Toast’s restaurant, hospitality and retail customers, supporting a platform that 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.
• Neutral Sentiment: A Q2 earnings-call recap highlighted five key analyst questions, keeping investor attention focused on Toast’s growth outlook, profitability and execution following the quarterly results. The discussion may provide additional insight, but the available report does not identify a major new catalyst. 5 Insightful Analyst Questions From Toast’s Q2 Earnings Call
• Negative Sentiment: CEO Aman Narang sold approximately $5.72 million of Toast shares in transactions on August 7 and August 10. CFO Elena Gomez sold approximately $280,000 across recent transactions. The sales were made under pre-arranged Rule 10b5-1 plans, which may indicate scheduled diversification rather than reduced confidence, but the scale of the transactions can weigh on sentiment. Toast Insider Sale Filing
• Negative Sentiment: DA Davidson raised its Toast price target from $30 to $34 while maintaining a Neutral rating. The higher target acknowledges some improvement, but the Neutral stance suggests limited upside at recent trading levels and reinforces valuation concerns. DA Davidson Increases Toast Price Target
• Negative Sentiment: Toast’s quarterly EPS missed consensus expectations by $0.06. With the stock trading at a relatively high earnings multiple, investors may be particularly sensitive to any shortfall in profitability, even though revenue growth remains strong.

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.