ABN Amro Investment Solutions Increases Position in Toast, Inc. $TOST

ABN Amro Investment Solutions grew its position in shares of Toast, Inc. (NYSE:TOST) by 14.6% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 157,430 shares of the company’s stock after purchasing an additional 20,002 shares during the period. ABN Amro Investment Solutions’ holdings in Toast were worth $5,748,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. NewEdge Advisors LLC lifted its stake in Toast by 1,555.5% during the 1st quarter. NewEdge Advisors LLC now owns 17,432 shares of the company’s stock worth $578,000 after acquiring an additional 16,379 shares in the last quarter. Sequoia Financial Advisors LLC purchased a new stake in Toast during the second quarter worth about $250,000. Envestnet Portfolio Solutions Inc. increased its stake in Toast by 7.5% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 16,697 shares of the company’s stock worth $740,000 after purchasing an additional 1,164 shares during the period. Harbour Investments Inc. lifted its position in shares of Toast by 43.1% during the second quarter. Harbour Investments Inc. now owns 1,827 shares of the company’s stock worth $81,000 after purchasing an additional 550 shares in the last quarter. Finally, Ritholtz Wealth Management purchased a new position in shares of Toast in the second quarter valued at approximately $394,000. 82.91% of the stock is owned by institutional investors and hedge funds.

Toast Trading Up 4.2%

Shares of TOST stock opened at $27.24 on Monday. The company has a market cap of $16.01 billion, a P/E ratio of 50.44 and a beta of 1.93. The firm has a fifty day moving average price of $33.55 and a 200 day moving average price of $37.12. Toast, Inc. has a 12 month low of $25.91 and a 12 month high of $49.66.

Toast (NYSE:TOST) last posted its quarterly earnings results on Thursday, February 12th. The company reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.08). The business had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.62 billion. Toast had a net margin of 5.56% and a return on equity of 18.86%. The firm’s quarterly revenue was up 22.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.05 earnings per share. On average, equities analysts forecast that Toast, Inc. will post 0.39 EPS for the current year.

Toast announced that its Board of Directors has authorized a share repurchase plan on Thursday, February 12th that authorizes the company to repurchase $0.00 in shares. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company’s board of directors believes its shares are undervalued.

Insider Buying and Selling at Toast

In other Toast news, General Counsel Brian R. Elworthy sold 3,303 shares of the firm’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $34.38, for a total transaction of $113,557.14. Following the sale, the general counsel owned 235,757 shares of the company’s stock, valued at approximately $8,105,325.66. This trade represents a 1.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Elena Gomez sold 1,437 shares of the business’s stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $30.34, for a total transaction of $43,598.58. Following the sale, the chief financial officer owned 164,629 shares of the company’s stock, valued at $4,994,843.86. This represents a 0.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 100,856 shares of company stock worth $3,540,449. 12.14% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages recently weighed in on TOST. Sanford C. Bernstein upgraded shares of Toast from a “hold” rating to a “strong-buy” rating in a report on Friday. Morgan Stanley set a $51.00 price target on shares of Toast in a research note on Friday. UBS Group set a $40.00 price objective on Toast in a research report on Friday. Jefferies Financial Group set a $35.00 target price on Toast in a report on Friday. Finally, Stephens set a $42.00 target price on Toast in a research note on Friday, January 16th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $41.18.

Toast News Summary

Here are the key news stories impacting Toast this week:

• Positive Sentiment: Revenue and growth: Q4 revenue was $1.63B, up ~22% year-over-year and roughly in line with consensus, signaling sustained top-line momentum that supports longer‑term ARR expansion. Read More.
• Positive Sentiment: Analyst support remains: Major firms (Citigroup and Needham) kept “Buy” ratings even after trimming targets, which can limit downside from negative headlines and signals continued institutional conviction. Read More. Read More.
• Neutral Sentiment: Board authorizes buyback: The company announced a share-repurchase authorization; the report listed $0.00 in buyback dollars (no dollar amount disclosed), so the move signals intent but lacks immediate capital deployment details. Read More.
• Neutral Sentiment: Market commentary: Bullish analyst/guest pieces argue Toast’s ARR growth, margin expansion and industry position make it resilient amid sector pressures — helpful for sentiment but not new financial data. Read More.
• Negative Sentiment: EPS miss: Toast reported EPS below consensus ($0.16 reported vs. ~$0.24 expected per consensus), which is an earnings disappointment that likely pressured some short‑term investor sentiment. Read More.
• Negative Sentiment: Price target cuts: Citigroup cut its target from $51 to $42 and Needham trimmed theirs from $60 to $35 — reductions that reduce analyst-derived upside even though both maintained Buy ratings. Read More. Read More.

About Toast

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.