Toast, Inc. $TOST Stock: Sumitomo Mitsui Trust Group Inc. Raises Position

Sumitomo Mitsui Trust Group Inc. boosted its position in Toast, Inc. (NYSE:TOST) by 1.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,950,962 shares of the company’s stock after purchasing an additional 89,316 shares during the period. Sumitomo Mitsui Trust Group Inc. owned approximately 1.35% of Toast worth $201,508,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently made changes to their positions in the stock. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Toast during the third quarter worth approximately $32,000. Aviance Capital Partners LLC boosted its holdings in shares of Toast by 9.7% in the third quarter. Aviance Capital Partners LLC now owns 25,343 shares of the company’s stock valued at $735,000 after purchasing an additional 2,235 shares during the period. Profund Advisors LLC grew its stake in Toast by 5.3% in the third quarter. Profund Advisors LLC now owns 11,226 shares of the company’s stock worth $325,000 after purchasing an additional 568 shares in the last quarter. ProShare Advisors LLC bought a new position in Toast in the third quarter worth approximately $584,000. Finally, Vise Technologies Inc. increased its holdings in Toast by 134.6% during the 3rd quarter. Vise Technologies Inc. now owns 18,578 shares of the company’s stock worth $539,000 after purchasing an additional 10,659 shares during the period. 82.91% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Toast

In related news, General Counsel Brian R. Elworthy sold 6,507 shares of Toast stock in a transaction that occurred on Friday, October 2nd. The shares were sold at an average price of $29.35, for a total value of $190,980.45. Following the completion of the sale, the general counsel directly owned 204,023 shares in the company, valued at $5,988,075.05. This trade represents a 3.09% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CRO Jonathan Vassil sold 7,623 shares of Toast stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $30.19, for a total transaction of $230,138.37. Following the completion of the sale, the executive owned 77,424 shares of the company’s stock, valued at $2,337,430.56. This trade represents a 8.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 520,550 shares of company stock valued at $18,096,931. Insiders own 10.03% of the company’s stock.

More Toast News

Here are the key news stories impacting Toast this week:

• Positive Sentiment: Wall Street broker recommendations remain broadly supportive, suggesting analysts view Toast as a potentially attractive investment despite the recent controversy. Investor sentiment could benefit if the company maintains its growth outlook. Toast Is Considered a Good Investment by Brokers
• Positive Sentiment: Analysts expect third-quarter 2026 results to show continued customer growth, higher payment volumes and greater software adoption. These trends could support revenue growth and demonstrate ongoing demand for Toast’s platform, although investors will also focus on margins and costs. Toast Q3 Earnings Preview
• Neutral Sentiment: Toast shares remain above their 200-day moving average but below the 52-week high, reflecting a stock with positive longer-term momentum but elevated volatility. The company’s beta of 1.74 also indicates that legal and earnings news may produce outsized price swings.
• Neutral Sentiment: Unusually high investor attention—including heavy online searches and the vesting of 3,566 restricted stock units held by Anutthara Bharadwaj—may increase trading activity, but neither development by itself materially changes Toast’s fundamentals. Investors Search Toast
• Negative Sentiment: Trading in Toast put options rose about 36% above average, signaling increased demand for downside protection or bearish speculation ahead of the lawsuit and earnings updates.
• Negative Sentiment: The FTC and state lawsuits are likely to weigh on Toast’s valuation in the near term because potential financial liabilities, compliance changes and reputational damage could offset otherwise solid operating growth. FTC Sues Toast

Toast Stock Up 0.0%

NYSE TOST opened at $31.69 on Monday. The firm has a market cap of $16.29 billion, a PE ratio of 40.63 and a beta of 1.74. The company has a 50 day moving average price of $32.06 and a 200 day moving average price of $29.40. Toast, Inc. has a 52 week low of $22.26 and a 52 week high of $39.67.

Toast (NYSE:TOST) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.06). Toast had a return on equity of 23.90% and a net margin of 7.14%. The business had revenue of $1.91 billion for the quarter, compared to analyst estimates of $1.87 billion. During the same period in the previous year, the company posted $0.13 earnings per share. The business’s revenue for the quarter was up 23.1% on a year-over-year basis. On average, equities research analysts anticipate that Toast, Inc. will post 1.00 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have recently issued reports on TOST. Zacks Research downgraded Toast from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 7th. Keefe, Bruyette & Woods lifted their price objective on Toast from $30.00 to $35.00 and gave the company a “market perform” rating in a report on Wednesday, August 5th. Royal Bank Of Canada upped their price objective on shares of Toast from $36.00 to $44.00 and gave the stock a “sector perform” rating in a research note on Monday, August 31st. Citigroup increased their target price on shares of Toast from $36.00 to $39.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Finally, BMO Capital Markets raised their target price on shares of Toast from $35.00 to $40.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. Seventeen research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat.com, Toast presently has a consensus rating of “Moderate Buy” and a consensus target price of $39.11.

Toast Company Profile

Toast, Inc (NYSE:TOST) provides a cloud-based technology platform designed for restaurants. Its integrated system combines point-of-sale software and hardware with payment processing, helping restaurants manage sales, orders, menus, guest interactions and day-to-day operations from a unified platform.

The company offers products and services including online ordering, delivery management, digital ordering and payment tools, restaurant websites, gift cards, loyalty programs, marketing, labor management, payroll, inventory management, reporting and analytics.