Toast (NYSE:TOST) CRO Jonathan Vassil Sells 6,647 Shares

Posted by George Bondi on Jul 6th, 2026

Toast, Inc. (NYSE:TOST – Get Free Report) CRO Jonathan Vassil sold 6,647 shares of the stock in a transaction on Thursday, July 2nd. The shares were sold at an average price of $28.85, for a total value of $191,765.95. Following the transaction, the executive directly owned 69,966 shares of the company’s stock, valued at approximately $2,018,519.10. The trade was a 8.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Toast Stock Performance

Shares of NYSE:TOST traded up $0.72 during mid-day trading on Monday, hitting $29.54. The stock had a trading volume of 9,912,000 shares, compared to its average volume of 12,091,836. The company’s 50 day moving average is $25.64 and its 200-day moving average is $28.66. Toast, Inc. has a 12-month low of $22.26 and a 12-month high of $49.66. The company has a market cap of $15.24 billion, a PE ratio of 45.45 and a beta of 1.74.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of TOST. NewEdge Advisors LLC increased its position in Toast by 1,555.5% in the first quarter. NewEdge Advisors LLC now owns 17,432 shares of the company’s stock worth $578,000 after purchasing an additional 16,379 shares during the period. Cerity Partners LLC lifted its holdings in Toast by 24.0% in the second quarter. Cerity Partners LLC now owns 81,574 shares of the company’s stock valued at $3,613,000 after buying an additional 15,774 shares during the period. State Street Corp boosted its stake in Toast by 2.7% in the second quarter. State Street Corp now owns 9,212,889 shares of the company’s stock valued at $408,039,000 after acquiring an additional 245,276 shares during the last quarter. Frontier Capital Management Co. LLC acquired a new stake in Toast during the 2nd quarter worth $4,479,000. Finally, Sei Investments Co. grew its stake in shares of Toast by 24.6% during the second quarter. Sei Investments Co. now owns 1,030,007 shares of the company’s stock worth $45,619,000 after purchasing an additional 203,404 shares during the period. 82.91% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

TOST has been the subject of several analyst reports. Rothschild & Co Redburn restated a “neutral” rating and issued a $35.00 target price on shares of Toast in a report on Tuesday, May 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of Toast in a research note on Wednesday, May 20th. Zacks Research raised Toast from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 26th. Citigroup reduced their target price on shares of Toast from $42.00 to $36.00 and set a “buy” rating for the company in a research note on Friday, May 8th. Finally, Truist Financial reduced their price objective on Toast from $36.00 to $30.00 and set a “buy” rating for the company in a research report on Tuesday, May 12th. Two analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $37.62.

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Toast Company Profile

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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.