Arkfeld Wealth Strategies L.L.C. Boosts Holdings in Toast, Inc. $TOST

Arkfeld Wealth Strategies L.L.C. grew its stake in shares of Toast, Inc. (NYSE:TOST) by 138.8% during the second quarter, HoldingsChannel reports. The firm owned 264,821 shares of the company’s stock after purchasing an additional 153,928 shares during the quarter. Toast accounts for approximately 2.3% of Arkfeld Wealth Strategies L.L.C.’s holdings, making the stock its 11th biggest position. Arkfeld Wealth Strategies L.L.C.’s holdings in Toast were worth $7,807,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Capelight Capital Asset Management LP bought a new position in shares of Toast in the 4th quarter worth approximately $2,131,000. Robeco Institutional Asset Management B.V. boosted its position in shares of Toast by 6.3% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 972,230 shares of the company’s stock valued at $34,524,000 after purchasing an additional 57,512 shares in the last quarter. Lecap Asset Management Ltd. boosted its position in shares of Toast by 206.7% during the fourth quarter. Lecap Asset Management Ltd. now owns 59,123 shares of the company’s stock valued at $2,099,000 after purchasing an additional 39,847 shares in the last quarter. Campbell Capital Management Inc. purchased a new stake in Toast in the fourth quarter worth $9,812,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Toast by 11.5% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 514,992 shares of the company’s stock worth $18,287,000 after purchasing an additional 52,959 shares during the period. Hedge funds and other institutional investors own 82.91% of the company’s stock.

Insider Buying and Selling

In other news, CEO Aman Narang sold 119,843 shares of the stock in a transaction on Monday, August 10th. The stock was sold at an average price of $35.38, for a total transaction of $4,240,045.34. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Elena Gomez sold 5,761 shares of the stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $35.37, for a total value of $203,766.57. Following the completion of the transaction, the chief financial officer directly owned 160,150 shares in the company, valued at approximately $5,664,505.50. This represents a 3.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 503,245 shares of company stock worth $16,387,254. 10.03% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on TOST shares. Keefe, Bruyette & Woods increased their price objective on Toast from $30.00 to $35.00 and gave the stock a “market perform” rating in a report on Wednesday, August 5th. Royal Bank Of Canada boosted their target price on shares of Toast from $31.00 to $36.00 and gave the company a “sector perform” rating in a report on Wednesday, August 5th. Morgan Stanley set a $45.00 target price on shares of Toast in a research report on Friday, May 8th. Evercore reiterated an “outperform” rating on shares of Toast in a research note on Wednesday, August 5th. Finally, Wells Fargo & Company lifted their price target on shares of Toast from $36.00 to $40.00 and gave the company an “overweight” rating in a research report on Wednesday, August 5th. Seventeen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $38.77.

Toast Stock Performance

Shares of Toast stock opened at $34.88 on Wednesday. The stock has a market capitalization of $17.93 billion, a PE ratio of 44.71 and a beta of 1.72. Toast, Inc. has a 52-week low of $22.26 and a 52-week high of $45.64. The company has a 50-day simple moving average of $28.77 and a two-hundred day simple moving average of $27.89.

Toast (NYSE:TOST) last issued its earnings results on Tuesday, August 4th. The company reported $0.26 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.06). The business had revenue of $1.91 billion for the quarter, compared to analysts’ expectations of $1.87 billion. Toast had a net margin of 7.14% and a return on equity of 23.90%. The business’s revenue for the quarter was up 23.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.13 earnings per share. As a group, equities research analysts forecast that Toast, Inc. will post 0.99 EPS for the current fiscal 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

Toast Company Profile

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.