Rep. Thomas H. Kean, Jr. Buys Toast, Inc. (NYSE:TOST) Shares

Representative Thomas H. Kean, Jr. (Republican-New Jersey) recently bought shares of Toast, Inc. (NYSE:TOST). In a filing disclosed on August 18th, the Representative disclosed that they had bought between $1,001 and $15,000 in Toast stock on July 8th. The trade occurred in the Representative’s “KEAN FAMILY PARTNERSHIP” account.

Representative Thomas H. Kean, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Stryker (NYSE:SYK) on 7/22/2026.
• Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 7/22/2026.
• Purchased $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 7/8/2026.
• Purchased $1,001 – $15,000 in shares of EQT (NYSE:EQT) on 7/7/2026.
• Purchased $1,001 – $15,000 in shares of ESAB (NYSE:ESAB) on 7/7/2026.
• Sold $1,001 – $15,000 in shares of Analog Devices (NASDAQ:ADI) on 6/30/2026.
• Sold $1,001 – $15,000 in shares of S&P Global (NYSE:SPGI) on 6/29/2026.
• Sold $1,001 – $15,000 in shares of Markel Group (NYSE:MKL) on 6/29/2026.
• Sold $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 6/29/2026.
• Purchased $1,001 – $15,000 in shares of ESAB (NYSE:ESAB) on 6/24/2026.

Toast Price Performance

Shares of TOST opened at $36.61 on Friday. The firm has a market capitalization of $18.82 billion, a price-to-earnings ratio of 46.94 and a beta of 1.72. Toast, Inc. has a 1-year low of $22.26 and a 1-year high of $45.64. The company has a 50-day moving average of $30.43 and a 200 day moving average of $28.06.

Toast (NYSE:TOST) last issued its earnings results on Tuesday, August 4th. The company reported $0.26 EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.06). The company had revenue of $1.91 billion during the quarter, compared to the consensus estimate of $1.87 billion. Toast had a return on equity of 23.90% and a net margin of 7.14%.Toast’s revenue was up 23.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.13 earnings per share. On average, equities analysts anticipate that Toast, Inc. will post 1 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CFO Elena Gomez sold 16,176 shares of Toast stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $35.29, for a total transaction of $570,851.04. Following the sale, the chief financial officer directly owned 168,974 shares in the company, valued at $5,963,092.46. This trade represents a 8.74% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Jonathan Vassil sold 14,280 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $32.89, for a total value of $469,669.20. Following the transaction, the executive owned 69,966 shares in the company, valued at $2,301,181.74. This represents a 16.95% 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. In the last ninety days, insiders have sold 530,973 shares of company stock valued at $17,385,739. 10.03% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Jefferies Financial Group set a $40.00 target price on Toast in a research report on Wednesday, August 5th. Barclays lifted their price objective on Toast from $35.00 to $39.00 and gave the company an “overweight” rating in a report on Wednesday, August 5th. Zacks Research downgraded shares of Toast from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 7th. Needham & Company LLC boosted their price target on shares of Toast from $35.00 to $45.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Finally, Keefe, Bruyette & Woods upped their price target 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. Seventeen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, Toast currently has an average rating of “Moderate Buy” and a consensus price target of $39.00.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. Bayban purchased a new stake in Toast during the fourth quarter valued at approximately $25,000. SHP Wealth Management purchased a new position in Toast during the fourth quarter worth about $29,000. Strive Financial Group LLC acquired a new stake in shares of Toast during the 4th quarter worth about $29,000. Ancora Advisors LLC purchased a new stake in shares of Toast in the 2nd quarter valued at $31,000. Finally, Silicon Valley Capital Partners acquired a new stake in shares of Toast during the fourth quarter worth about $36,000. Hedge funds and other institutional investors own 82.91% of the company’s stock.

About Representative Kean

Thomas Kean Jr. (Republican Party) is a member of the U.S. House, representing New Jersey’s 7th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Kean (Republican Party) is running for re-election to the U.S. House to represent New Jersey’s 7th Congressional District. He declared candidacy for the 2026 election.

Thomas Kean Jr. lives in Westfield, New Jersey. Kean earned a master’s degree from the Tufts University Fletcher School of Law and Diplomacy. His career experience includes working with the Environmental Protection Agency during the George H.W. Bush administration and as an advisor to former U.S. Representative Bob Franks, a firefighter, and an emergency medical technician. Kean has served as the vice president of a fire department.

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.