Toast, Inc. (NYSE:TOST – Get Free Report) General Counsel Brian R. Elworthy sold 300,000 shares of the business’s stock in a transaction dated Friday, October 18th. The stock was sold at an average price of $30.39, for a total value of $9,117,000.00. Following the sale, the general counsel now directly owns 177,836 shares of the company’s stock, valued at $5,404,436.04. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Toast Price Performance
Shares of NYSE:TOST opened at $30.03 on Friday. The company has a market capitalization of $13.84 billion, a PE ratio of -103.55 and a beta of 1.76. The business has a fifty day moving average price of $26.66 and a two-hundred day moving average price of $25.33. Toast, Inc. has a 1 year low of $13.77 and a 1 year high of $30.70.
Toast (NYSE:TOST – Get Free Report) last announced its quarterly earnings data on Tuesday, August 6th. The company reported $0.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.04. Toast had a negative return on equity of 11.27% and a negative net margin of 3.10%. The firm had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.22 billion. During the same quarter in the prior year, the company earned ($0.19) EPS. The business’s revenue for the quarter was up 27.0% on a year-over-year basis. Sell-side analysts anticipate that Toast, Inc. will post -0.1 earnings per share for the current year.
Analyst Ratings Changes
Get Our Latest Stock Report on Toast
Institutional Trading of Toast
Institutional investors have recently added to or reduced their stakes in the stock. West Branch Capital LLC purchased a new stake in Toast during the 2nd quarter worth about $26,000. LRI Investments LLC bought a new position in Toast in the 1st quarter worth about $27,000. Toth Financial Advisory Corp bought a new position in Toast in the 3rd quarter worth about $28,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in Toast in the 2nd quarter worth about $33,000. Finally, 1620 Investment Advisors Inc. bought a new position in Toast in the 2nd quarter worth about $34,000. Hedge funds and other institutional investors own 82.91% of the company’s stock.
Toast Company 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.
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