Toast, Inc. (NYSE:TOST) Stock Holdings Boosted by Bradley Foster & Sargent Inc. CT

Bradley Foster & Sargent Inc. CT lifted its position in shares of Toast, Inc. (NYSE:TOST) by 10.7% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 13,656 shares of the company’s stock after acquiring an additional 1,315 shares during the period. Bradley Foster & Sargent Inc. CT’s holdings in Toast were worth $498,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of TOST. Blue Trust Inc. grew its position in shares of Toast by 120.4% during the fourth quarter. Blue Trust Inc. now owns 692 shares of the company’s stock worth $25,000 after acquiring an additional 378 shares during the last quarter. Piscataqua Savings Bank bought a new position in shares of Toast during the fourth quarter worth about $26,000. Stonebridge Financial Group LLC bought a new position in shares of Toast during the fourth quarter worth about $34,000. Wingate Wealth Advisors Inc. bought a new position in Toast in the 4th quarter valued at about $40,000. Finally, Newbridge Financial Services Group Inc. bought a new position in Toast in the 4th quarter valued at about $42,000. Institutional investors own 82.91% of the company’s stock.

Insider Activity

In related news, Director David Yuan sold 189,785 shares of the stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $43.01, for a total value of $8,162,652.85. Following the transaction, the director now owns 198,829 shares in the company, valued at approximately $8,551,635.29. This represents a 48.84 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Christopher P. Comparato sold 145,000 shares of the stock in a transaction that occurred on Thursday, December 19th. The stock was sold at an average price of $36.04, for a total value of $5,225,800.00. Following the completion of the transaction, the director now owns 182,451 shares in the company, valued at $6,575,534.04. This represents a 44.28 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 339,564 shares of company stock worth $13,577,845 in the last 90 days. Company insiders own 13.32% of the company’s stock.

Toast Trading Down 6.4 %

TOST stock opened at $37.68 on Friday. Toast, Inc. has a one year low of $20.57 and a one year high of $44.12. The firm has a market capitalization of $17.75 billion, a PE ratio of -3,764.44, a P/E/G ratio of 2.16 and a beta of 1.98. The firm has a 50-day moving average of $38.60 and a two-hundred day moving average of $33.51.

Toast (NYSE:TOST) last issued its earnings results on Wednesday, February 19th. The company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.01). The business had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.32 billion. Toast had a net margin of 0.40% and a return on equity of 1.54%. On average, equities research analysts anticipate that Toast, Inc. will post 0.39 earnings per share for the current year.

Wall Street Analyst Weigh In

TOST has been the subject of a number of recent analyst reports. DA Davidson reiterated a “neutral” rating and issued a $38.00 target price (down previously from $44.00) on shares of Toast in a research report on Thursday, December 5th. Keefe, Bruyette & Woods increased their target price on shares of Toast from $40.00 to $42.00 and gave the company a “market perform” rating in a research report on Thursday. UBS Group increased their target price on shares of Toast from $41.00 to $47.00 and gave the company a “buy” rating in a research report on Thursday. Morgan Stanley increased their target price on shares of Toast from $46.00 to $50.00 and gave the company an “overweight” rating in a research report on Thursday. Finally, The Goldman Sachs Group set a $40.00 target price on shares of Toast and gave the company a “neutral” rating in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $40.09.

Toast Profile

Toast, Inc operates a cloud-based digital technology platform for the restaurant industry in the United States, Ireland, and India. The company offers software products for restaurant operations and point of sale, such as Toast POS, Toast now, multi-location management, kitchen display system, Toast mobile order and pay, Toast catering and events, Toast invoicing, Toast tables, and restaurant retail; and hardware products, including Toast flex, Toast flex for guest, Toast go 2, Toast tap, kiosks, and Delphi by Toast.