Toast (NYSE:TOST) CRO Sells 6,438 Shares

03 Apr 2026, 23:12 by Kim Johansen · The Markets Daily

Toast, Inc. (NYSE:TOST – Get Free Report) CRO Jonathan Vassil sold 6,438 shares of Toast stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $26.19, for a total value of $168,611.22. Following the completion of the transaction, the executive directly owned 146,618 shares of the company’s stock, valued at $3,839,925.42. This represents a 4.21% 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.

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

On Tuesday, February 3rd, Jonathan Vassil sold 1,454 shares of Toast stock. The stock was sold at an average price of $30.34, for a total value of $44,114.36.
On Monday, January 5th, Jonathan Vassil sold 4,787 shares of Toast stock. The stock was sold at an average price of $34.38, for a total value of $164,577.06.

Toast Price Performance

TOST stock traded down $0.03 during midday trading on Friday, reaching $26.44. The company had a trading volume of 9,600,162 shares, compared to its average volume of 10,888,302. Toast, Inc. has a 1-year low of $24.35 and a 1-year high of $49.66. The stock has a 50 day moving average price of $28.25 and a 200-day moving average price of $33.41. The company has a market capitalization of $13.86 billion, a price-to-earnings ratio of 48.97 and a beta of 1.90.

Toast (NYSE:TOST – Get Free Report) last announced its quarterly earnings data on Thursday, February 12th. The company reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.08). The firm had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.62 billion. Toast had a return on equity of 18.14% and a net margin of 5.56%.The company’s quarterly revenue was up 22.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.05 earnings per share. As a group, research analysts anticipate that Toast, Inc. will post 0.39 earnings per share for the current year.

Toast announced that its board has initiated a stock buyback program on Thursday, February 12th that permits the company to buyback $0.00 in outstanding shares. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback programs are often a sign that the company’s management believes its stock is undervalued.

More Toast News

Here are the key news stories impacting Toast this week:

Neutral Sentiment: Loop Capital initiated coverage of Toast with a “Hold” rating, which removes an immediate buy catalyst and may cap near‑term upside until clearer growth/profitability signals arrive. Loop Capital coverage
Neutral Sentiment: Toast has been heavily searched by investors (Zacks spotlight), which can increase short‑term volume and volatility but doesn’t itself change fundamentals. Zacks: Investors Heavily Search
Negative Sentiment: Multiple senior executives sold stock on April 2 (CEO Aman Narang, CFO Elena Gomez, President Stephen Fredette, General Counsel Brian Elworthy, and CRO Jonathan Vassil), collectively disposing of roughly $1.04M of shares at about $26.19 each. The CEO’s sale reduced his holding by ~19.95%; other insiders also trimmed positions. Clustered sales by top management can be perceived negatively by the market (signaling liquidity needs or reduced insider confidence), even if they stem from routine vesting/diversification; filings are available with the SEC. CEO SEC filing

Analysts Set New Price Targets

Several equities research analysts have weighed in on TOST shares. The Goldman Sachs Group cut their target price on Toast from $43.00 to $31.00 and set a “neutral” rating for the company in a research note on Tuesday, February 17th. JPMorgan Chase & Co. raised Toast from a “neutral” rating to an “overweight” rating and set a $43.00 price target for the company in a report on Thursday, December 4th. DA Davidson dropped their price objective on Toast from $36.00 to $33.00 and set a “neutral” rating for the company in a research report on Tuesday, February 17th. Loop Capital began coverage on Toast in a research note on Tuesday. They issued a “hold” rating and a $26.00 price objective on the stock. Finally, Truist Financial set a $36.00 target price on Toast in a research report on Wednesday, February 25th. Seventeen investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, Toast has an average rating of “Moderate Buy” and a consensus price target of $39.88.

Read Our Latest Stock Analysis on Toast

Institutional Trading of Toast

Hedge funds and other institutional investors have recently modified their holdings of the stock. Hsbc Holdings PLC lifted its stake in shares of Toast by 16.8% in the 4th quarter. Hsbc Holdings PLC now owns 181,371 shares of the company’s stock valued at $6,455,000 after acquiring an additional 26,032 shares during the last quarter. Rockefeller Capital Management L.P. boosted its holdings in shares of Toast by 5.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 169,122 shares of the company’s stock valued at $6,006,000 after acquiring an additional 8,676 shares in the last quarter. Fund Advisors of America Inc FL bought a new stake in Toast during the 4th quarter worth $290,000. Corient Private Wealth LLC grew its position in Toast by 7.3% during the 4th quarter. Corient Private Wealth LLC now owns 38,944 shares of the company’s stock worth $1,383,000 after acquiring an additional 2,660 shares during the last quarter. Finally, Bayban acquired a new position in Toast in the 4th quarter worth about $25,000. Institutional investors own 82.91% of the company’s stock.

About Toast

(Get Free Report)

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.