Toast, Inc. (NYSE:TOST – Get Rating) major shareholder Bessemer Venture Partners Ix L sold 546,190 shares of Toast stock in a transaction on Friday, November 18th. The stock was sold at an average price of $18.50, for a total transaction of $10,104,515.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.
Bessemer Venture Partners Ix L also recently made the following trade(s):
- On Monday, November 21st, Bessemer Venture Partners Ix L sold 416,931 shares of Toast stock. The stock was sold at an average price of $18.16, for a total transaction of $7,571,466.96.
Toast Trading Up 2.3 %
Toast stock opened at $18.63 on Friday. The firm’s 50 day simple moving average is $18.98 and its 200 day simple moving average is $17.11. The firm has a market capitalization of $9.54 billion, a PE ratio of -25.52 and a beta of 1.96. Toast, Inc. has a 1-year low of $11.91 and a 1-year high of $44.34.
Hedge Funds Weigh In On Toast
Wall Street Analyst Weigh In
TOST has been the subject of several recent research reports. Robert W. Baird boosted their target price on shares of Toast from $25.00 to $26.00 in a research report on Friday, November 11th. KeyCorp boosted their price target on shares of Toast from $25.00 to $26.00 and gave the company an “overweight” rating in a research report on Friday, November 11th. UBS Group initiated coverage on shares of Toast in a research report on Wednesday, September 14th. They issued a “neutral” rating and a $22.00 price target on the stock. Mizuho raised shares of Toast from a “neutral” rating to a “buy” rating and boosted their price target for the company from $22.00 to $24.00 in a research report on Monday, October 10th. Finally, The Goldman Sachs Group boosted their price target on shares of Toast to $23.00 in a research report on Monday, August 15th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $24.61.
Toast Company Profile
Toast, Inc operates a cloud-based and digital technology platform for the restaurant industry in the United States and Ireland. The company offers Toast Point of Sale (POS), a hardware product; Toast Order & Pay, which allows guests to order and pay from their mobile devices; Toast Flex that is used for on-counter order and pay, as well as used as a server station, guest kiosk, kitchen display system, or order fulfillment station; Toast Go, a handheld POS device that enhances the table turn times through tableside ordering and payment acceptance; and Toast Tap, a card reader.
- Get a free copy of the StockNews.com research report on Toast (TOST)
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