Toast (NYSE:TOST) CRO Jonathan Vassil Sells 14,280 Shares of Stock

Toast, Inc. (NYSE:TOST) CRO Jonathan Vassil sold 14,280 shares of Toast stock in a transaction dated Monday, November 2nd. The stock was sold at an average price of $33.70, for a total transaction of $481,236.00. Following the sale, the executive owned 77,424 shares of the company’s stock, valued at approximately $2,609,188.80. This trade represents a 15.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, October 5th, Jonathan Vassil sold 7,623 shares of Toast stock. The shares were sold at an average price of $30.19, for a total transaction of $230,138.37.
• On Friday, October 2nd, Jonathan Vassil sold 13,465 shares of Toast stock. The shares were sold at an average price of $29.69, for a total transaction of $399,775.85.
• On Wednesday, September 2nd, Jonathan Vassil sold 14,280 shares of Toast stock. The stock was sold at an average price of $33.90, for a total transaction of $484,092.00.
• On Friday, August 21st, Jonathan Vassil sold 85,280 shares of Toast stock. The stock was sold at an average price of $36.34, for a total transaction of $3,099,075.20.
• On Wednesday, August 19th, Jonathan Vassil sold 13,931 shares of Toast stock. The stock was sold at an average price of $36.01, for a total transaction of $501,655.31.
• On Tuesday, August 11th, Jonathan Vassil sold 13,797 shares of Toast stock. The shares were sold at an average price of $36.01, for a total value of $496,829.97.

Toast Stock Performance

Shares of TOST opened at $35.40 on Thursday. Toast, Inc. has a fifty-two week low of $22.26 and a fifty-two week high of $39.67. The company has a market capitalization of $18.19 billion, a PE ratio of 36.05 and a beta of 1.74. The stock has a fifty day moving average of $31.91 and a two-hundred day moving average of $29.39.

Toast (NYSE:TOST) last posted its quarterly earnings data on Tuesday, November 3rd. The company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by ($0.08). The business had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.97 billion. Toast had a return on equity of 27.14% and a net margin of 7.69%. Toast’s revenue for the quarter was up 21.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.16 EPS. As a group, equities research analysts forecast that Toast, Inc. will post 1.00 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have commented on the company. Robert W. Baird lifted their price target on Toast from $30.00 to $33.00 and gave the company a “neutral” rating in a report on Wednesday, July 8th. Keefe, Bruyette & Woods raised their target price on shares of Toast from $30.00 to $35.00 and gave the stock a “market perform” rating in a research report on Wednesday, August 5th. Bank of America started coverage on shares of Toast in a report on Thursday, October 15th. They issued a “buy” rating and a $40.00 target price for the company. Truist Financial dropped their price target on shares of Toast from $39.00 to $38.00 and set a “buy” rating for the company in a research report on Monday, October 19th. Finally, Oppenheimer increased their price target on shares of Toast from $36.00 to $38.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 5th. Seventeen investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $38.65.

Toast News Roundup

Here are the key news stories impacting Toast this week:

• Positive Sentiment: Toast raised its 2026 adjusted EBITDA outlook to $840 million–$850 million and is targeting 26% growth in recurring gross profit. Management also highlighted AI expansion and plans for improved margins in 2027, supporting the growth outlook. Toast raises 2026 adjusted EBITDA outlook
• Positive Sentiment: Third-quarter revenue reached $1.98 billion, slightly above estimates and up 21.3% year over year, indicating continued business growth. Toast announces third-quarter 2026 results
• Neutral Sentiment: Toast named Michael Senno CFO, succeeding Elena Gomez, who is stepping away as president. A planned successor may help provide continuity, though the leadership transition adds uncertainty. Toast names Michael Senno CFO
• Negative Sentiment: EPS results were less clear-cut than revenue: one comparison showed $0.29 per share, below the $0.36 consensus, while another report described adjusted EPS of $0.37 as in line. The reported earnings miss may have tempered the positive outlook news. Toast third-quarter earnings report
• Negative Sentiment: Chief Revenue Officer Jonathan Vassil sold 14,280 shares. The sale was made under a pre-arranged 10b5-1 plan, which makes it less clearly a signal about near-term business prospects. SEC filing for Jonathan Vassil share sale

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Lido Advisors LLC boosted its holdings in Toast by 15.1% in the 3rd quarter. Lido Advisors LLC now owns 155,652 shares of the company’s stock worth $4,512,000 after acquiring an additional 20,391 shares during the period. Keybank National Association OH raised its stake in shares of Toast by 84.6% during the third quarter. Keybank National Association OH now owns 40,960 shares of the company’s stock valued at $1,187,000 after purchasing an additional 18,767 shares during the period. Retirement Systems of Alabama raised its stake in shares of Toast by 57.4% during the third quarter. Retirement Systems of Alabama now owns 764,579 shares of the company’s stock valued at $22,165,000 after purchasing an additional 278,804 shares during the period. Allspring Global Investments Holdings LLC lifted its position in shares of Toast by 46.6% during the third quarter. Allspring Global Investments Holdings LLC now owns 358,363 shares of the company’s stock worth $10,475,000 after purchasing an additional 113,993 shares in the last quarter. Finally, Hohimer Wealth Management LLC lifted its position in shares of Toast by 4.4% during the third quarter. Hohimer Wealth Management LLC now owns 32,136 shares of the company’s stock worth $932,000 after purchasing an additional 1,356 shares in the last quarter. Hedge funds and other institutional investors own 82.91% of the company’s stock.

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.