Renaissance Technologies LLC Boosts Stake in Toast, Inc. $TOST

Posted by Brian Himes on Jul 26th, 2026

Renaissance Technologies LLC lifted its position in Toast, Inc. (NYSE:TOST – Free Report) by 25.1% in the 1st quarter, Holdings Channel reports. The fund owned 4,321,437 shares of the company’s stock after acquiring an additional 867,509 shares during the quarter. Renaissance Technologies LLC’s holdings in Toast were worth $114,561,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in TOST. SG Americas Securities LLC lifted its position in Toast by 285.3% during the 4th quarter. SG Americas Securities LLC now owns 288,286 shares of the company’s stock valued at $10,237,000 after acquiring an additional 213,459 shares during the period. Capelight Capital Asset Management LP purchased a new stake in Toast in the fourth quarter worth about $2,131,000. Robeco Institutional Asset Management B.V. grew its holdings in Toast by 6.3% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 972,230 shares of the company’s stock worth $34,524,000 after purchasing an additional 57,512 shares during the period. Lecap Asset Management Ltd. grew its holdings in Toast by 206.7% in the fourth quarter. Lecap Asset Management Ltd. now owns 59,123 shares of the company’s stock worth $2,099,000 after purchasing an additional 39,847 shares during the period. Finally, Campbell Capital Management Inc. bought a new position in shares of Toast during the fourth quarter valued at approximately $9,812,000. Hedge funds and other institutional investors own 82.91% of the company’s stock.

Insider Buying and Selling

In other Toast news, CRO Jonathan Vassil sold 6,647 shares of Toast stock in a transaction on Thursday, July 2nd. The stock was sold at an average price of $28.85, for a total value of $191,765.95. Following the completion of the sale, the executive owned 69,966 shares of the company’s stock, valued at approximately $2,018,519.10. This trade represents a 8.68% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, General Counsel Brian R. Elworthy sold 108,000 shares of the business’s stock in a transaction on Friday, May 29th. The stock was sold at an average price of $25.89, for a total value of $2,796,120.00. Following the completion of the transaction, the general counsel owned 189,642 shares of the company’s stock, valued at $4,909,831.38. This represents a 36.29% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 159,265 shares of company stock worth $4,278,832 over the last 90 days. 10.03% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. UBS Group lowered their target price on shares of Toast from $40.00 to $34.00 and set a “buy” rating for the company in a report on Friday, May 8th. Truist Financial upped their price target on Toast from $30.00 to $33.00 and gave the stock a “buy” rating in a research note on Friday. Oppenheimer reaffirmed an “outperform” rating and set a $36.00 price objective on shares of Toast in a research report on Friday, May 8th. Citigroup lowered their price objective on Toast from $42.00 to $36.00 and set a “buy” rating for the company in a research note on Friday, May 8th. Finally, Wall Street Zen downgraded Toast from a “buy” rating to a “hold” rating in a report on Saturday, July 4th. Two analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $37.08.

Read Our Latest Report on Toast

Toast Stock Performance

Shares of Toast stock opened at $29.07 on Friday. The stock has a market capitalization of $15.00 billion, a PE ratio of 44.72 and a beta of 1.74. Toast, Inc. has a 52-week low of $22.26 and a 52-week high of $49.66. The company has a 50-day simple moving average of $26.56 and a two-hundred day simple moving average of $28.05.

Toast (NYSE:TOST – Get Free Report) last issued its earnings results on Thursday, May 7th. The company reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.28 by ($0.08). Toast had a return on equity of 20.86% and a net margin of 6.39%.The firm had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.63 billion. During the same quarter in the prior year, the company posted $0.09 EPS. The company’s quarterly revenue was up 21.9% on a year-over-year basis. As a group, equities research analysts forecast that Toast, Inc. will post 0.97 EPS for the current fiscal year.

About Toast

(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.

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.

Renaissance Technologies LLC Boosts Stake in Toast, Inc. $TOST

Insider Buying and Selling

Analyst Ratings Changes

Toast Stock Performance

About Toast

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