Toast (NYSE:TOST) CEO Aman Narang Sells 42,105 Shares

Toast, Inc. (NYSE:TOST) CEO Aman Narang sold 42,105 shares of the company’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $35.13, for a total transaction of $1,479,148.65. Following the completion of the sale, the chief executive officer owned 119,843 shares of the company’s stock, valued at approximately $4,210,084.59. The trade was a 26.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Aman Narang also recently made the following trade(s):

• On Monday, August 10th, Aman Narang sold 119,843 shares of Toast stock. The shares were sold at an average price of $35.38, for a total transaction of $4,240,045.34.
• On Thursday, August 6th, Aman Narang sold 13,510 shares of Toast stock. The shares were sold at an average price of $35.02, for a total transaction of $473,120.20.
• On Wednesday, August 5th, Aman Narang sold 124,542 shares of Toast stock. The stock was sold at an average price of $35.29, for a total transaction of $4,395,087.18.
• On Thursday, July 2nd, Aman Narang sold 14,365 shares of Toast stock. The shares were sold at an average price of $28.85, for a total transaction of $414,430.25.

Toast Stock Down 2.3%

Toast stock opened at $34.88 on Wednesday. Toast, Inc. has a 52 week low of $22.26 and a 52 week high of $45.64. The company’s 50 day moving average price is $28.77 and its two-hundred day moving average price is $27.89. The stock has a market cap of $17.93 billion, a P/E ratio of 44.71 and a beta of 1.72.

Toast (NYSE:TOST) last released 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 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 business’s revenue was up 23.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.13 earnings per share. On average, equities analysts anticipate that Toast, Inc. will post 0.99 EPS for the current year.

Toast News Summary

Here are the key news stories impacting Toast this week:

• Positive Sentiment: Toast expanded its global partnership with Adyen into the U.S. 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 in the 12 months ended June 30, 2026. The agreement could strengthen Toast’s payments infrastructure and support continued growth. Adyen Expands Global Partnership with Toast into U.S.
• Positive Sentiment: Barclays reaffirmed its Buy rating, indicating continued confidence in Toast’s long-term growth prospects. Barclays Reaffirms Their Buy Rating on Toast
• Neutral Sentiment: Recent growth-stock coverage highlighted Toast as a potential long-term growth investment, though the commentary was based primarily on screening and style factors rather than a new company-specific operating update. Why Toast Is a Top Growth Stock for the Long-Term
• Negative Sentiment: Toast CEO Aman Narang sold approximately $5.72 million of shares across transactions on August 7 and August 10. CFO Elena Gomez also sold roughly $280,000 of stock. Because the trades were conducted under pre-arranged Rule 10b5-1 plans, they may reflect scheduled diversification rather than a negative view of the business, but the scale of the CEO’s sales can weigh on sentiment. Toast CEO Stock Sale Filing
• Negative Sentiment: DA Davidson raised its price target from $30 to $34 but maintained a Neutral rating, implying limited upside relative to recent trading levels and reinforcing valuation concerns. DA Davidson Toast Price Target Update

Institutional Investors Weigh In On Toast

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bayban bought a new position in Toast during the fourth quarter worth about $25,000. SHP Wealth Management purchased a new stake in shares of Toast during the 4th quarter valued at approximately $29,000. Strive Financial Group LLC bought a new position in Toast in the 4th quarter worth approximately $29,000. Silicon Valley Capital Partners bought a new position in Toast in the 4th quarter worth approximately $36,000. Finally, Quadrant Capital Group LLC grew its stake 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 buying an additional 1,000 shares in the last quarter. 82.91% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

TOST has been the topic of a number of recent analyst reports. Robert W. Baird lifted their target price on Toast from $30.00 to $33.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 8th. Oppenheimer increased their price target on shares of Toast from $36.00 to $38.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. Jefferies Financial Group set a $40.00 price objective on shares of Toast in a report on Wednesday, August 5th. Sanford C. Bernstein lifted their price objective on shares of Toast from $39.00 to $45.00 and gave the stock an “outperform” rating in a research report on Thursday, August 6th. Finally, Mizuho dropped their target price on shares of Toast from $45.00 to $38.00 and set an “outperform” rating on the stock in a research note on Tuesday, May 12th. Seventeen equities research 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, Toast presently has an average rating of “Moderate Buy” and an average target price of $38.77.

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.