Delta Global Management LP Has $24.89 Million Stock Holdings in Toast, Inc. $TOST

Posted by George Bondi on Jul 26th, 2026

Delta Global Management LP decreased its position in shares of Toast, Inc. (NYSE:TOST – Free Report) by 17.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 938,753 shares of the company’s stock after selling 203,119 shares during the period. Toast makes up 2.0% of Delta Global Management LP’s holdings, making the stock its 15th biggest position. Delta Global Management LP’s holdings in Toast were worth $24,886,000 at the end of the most recent quarter.

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

Insider Activity

In other Toast news, President Stephen Fredette sold 9,146 shares of the company’s stock in a transaction on Thursday, July 2nd. The stock was sold at an average price of $28.85, for a total transaction of $263,862.10. Following the completion of the sale, the president directly owned 931,449 shares in the company, valued at $26,872,303.65. This represents a 0.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Elena Gomez sold 11,605 shares of the firm’s stock in a transaction on Thursday, July 2nd. The shares were sold at an average price of $28.85, for a total value of $334,804.25. Following the completion of the sale, the chief financial officer directly owned 185,150 shares in the company, valued at approximately $5,341,577.50. This represents a 5.90% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders sold 159,265 shares of company stock valued at $4,278,832. Corporate insiders own 10.03% of the company’s stock.

Toast Trading Up 2.3%

Shares of NYSE:TOST opened at $29.07 on Friday. The firm has a 50 day moving average of $26.56 and a 200-day moving average of $28.05. Toast, Inc. has a 12 month low of $22.26 and a 12 month high of $49.66. The stock has a market capitalization of $15.00 billion, a PE ratio of 44.72 and a beta of 1.74.

Toast (NYSE:TOST – Get Free Report) last posted its quarterly 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). The firm had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.63 billion. Toast had a return on equity of 20.86% and a net margin of 6.39%.The business’s revenue was up 21.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.09 EPS. On average, research analysts predict that Toast, Inc. will post 0.97 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on TOST shares. DA Davidson lowered their target price on shares of Toast from $33.00 to $28.00 and set a “neutral” rating on the stock in a report on Tuesday, May 12th. Oppenheimer reiterated an “outperform” rating and issued a $36.00 price target on shares of Toast in a research note on Friday, May 8th. Zacks Research downgraded Toast from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 7th. Loop Capital began coverage on Toast in a research note on Tuesday, March 31st. They set a “hold” rating and a $26.00 price objective on the stock. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Toast in a report on Wednesday, May 20th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Toast presently has a consensus rating of “Moderate Buy” and an average target price of $37.08.

Check Out Our Latest Research Report on TOST

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.