Toast, Inc. (NYSE:TOST) CRO Jonathan Vassil Sells 1,006 Shares of Stock

Toast, Inc. (NYSE:TOST) CRO Jonathan Vassil sold 1,006 shares of the company’s stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $39.63, for a total value of $39,867.78. Following the completion of the sale, the executive now owns 48,488 shares in the company, valued at approximately $1,921,579.44. This represents a 2.03 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Jonathan Vassil also recently made the following trade(s):

• On Friday, November 8th, Jonathan Vassil sold 100,000 shares of Toast stock. The stock was sold at an average price of $36.55, for a total value of $3,655,000.00.

Toast Trading Up 5.3 %

Shares of Toast stock opened at $41.31 on Thursday. The business’s fifty day moving average price is $38.46 and its 200 day moving average price is $32.25. Toast, Inc. has a twelve month low of $18.14 and a twelve month high of $44.12.

Toast (NYSE:TOST) last released its quarterly earnings data on Thursday, November 7th. The company reported $0.07 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.06. The business had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.29 billion. Toast had a negative return on equity of 3.84% and a negative net margin of 1.05%. During the same period in the previous year, the company posted ($0.09) EPS. On average, research analysts predict that Toast, Inc. will post 0.03 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. SBI Securities Co. Ltd. purchased a new position in Toast in the fourth quarter valued at about $35,000. Jones Financial Companies Lllp grew its stake in shares of Toast by 139.6% in the fourth quarter. Jones Financial Companies Lllp now owns 3,609 shares of the company’s stock valued at $132,000 after buying an additional 2,103 shares in the last quarter. Asahi Life Asset Management CO. LTD. purchased a new stake in shares of Toast during the 4th quarter valued at about $303,000. West Michigan Advisors LLC acquired a new position in Toast during the 4th quarter worth approximately $255,000. Finally, US Bancorp DE boosted its holdings in Toast by 5.1% in the 4th quarter. US Bancorp DE now owns 41,765 shares of the company’s stock worth $1,522,000 after acquiring an additional 2,022 shares during the period. Hedge funds and other institutional investors own 82.91% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently issued reports on TOST. Royal Bank of Canada lifted their price target on Toast from $27.00 to $40.00 and gave the stock a “sector perform” rating in a research note on Friday, November 8th. Keefe, Bruyette & Woods lifted their target price on shares of Toast from $29.00 to $40.00 and gave the stock a “market perform” rating in a research report on Monday, December 9th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Toast from $24.00 to $30.00 and gave the company a “hold” rating in a report on Monday, November 4th. Robert W. Baird raised their price objective on shares of Toast from $30.00 to $38.00 and gave the stock a “neutral” rating in a research note on Friday, November 8th. Finally, Wedbush upped their price objective on Toast from $35.00 to $45.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat, Toast presently has a consensus rating of “Hold” and a consensus price target of $35.74.

About Toast

Toast, Inc operates a cloud-based digital technology platform for the restaurant industry in the United States, Ireland, and India. The company offers software products for restaurant operations and point of sale, such as Toast POS, Toast now, multi-location management, kitchen display system, Toast mobile order and pay, Toast catering and events, Toast invoicing, Toast tables, and restaurant retail; and hardware products, including Toast flex, Toast flex for guest, Toast go 2, Toast tap, kiosks, and Delphi by Toast.