Moody National Bank Trust Division Purchases 17,087 Shares of Toast, Inc. $TOST

Moody National Bank Trust Division lifted its position in shares of Toast, Inc. (NYSE:TOST) by 65.9% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 43,000 shares of the company’s stock after buying an additional 17,087 shares during the quarter. Moody National Bank Trust Division’s holdings in Toast were worth $1,196,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Bayban purchased a new position in shares of Toast in the fourth quarter valued at about $25,000. SHP Wealth Management purchased a new stake in shares of Toast during the fourth quarter worth about $29,000. Strive Financial Group LLC bought a new stake in Toast during the 4th quarter valued at approximately $29,000. Silicon Valley Capital Partners purchased a new position in Toast in the 4th quarter worth approximately $36,000. Finally, Quadrant Capital Group LLC lifted its holdings in Toast by 2,083.3% in the 4th quarter. Quadrant Capital Group LLC now owns 1,048 shares of the company’s stock worth $37,000 after purchasing an additional 1,000 shares in the last quarter. Hedge funds and other institutional investors own 82.91% of the company’s stock.

Analyst Ratings Changes

TOST has been the topic of several recent analyst reports. Evercore reiterated an “outperform” rating on shares of Toast in a research report on Wednesday. Wall Street Zen cut shares of Toast from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. Rothschild & Co Redburn reiterated a “neutral” rating and issued a $35.00 price target on shares of Toast in a report on Tuesday, May 12th. Jefferies Financial Group set a $40.00 price target on shares of Toast in a research note on Wednesday. Finally, Royal Bank Of Canada increased their price objective on shares of Toast from $31.00 to $36.00 and gave the company a “sector perform” rating in a report on Wednesday. Seventeen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $38.38.

Key Headlines Impacting Toast

Here are the key news stories impacting Toast this week:

• Positive Sentiment: Analysts raised their expectations. Needham lifted its price target from $35 to $45 and upgraded Toast to “buy.” BMO raised its target from $35 to $40 with an “outperform” rating, while Piper Sandler increased its target to $39 and assigned an “overweight” rating. These revisions indicate greater confidence in Toast’s growth and profitability prospects. Analyst price-target actions
• Positive Sentiment: Q2 revenue and operating trends were strong. Toast reported $1.91 billion in quarterly revenue, exceeding the $1.87 billion consensus estimate and increasing 23.1% year over year. Recurring gross profit streams grew 28%, GAAP operating-income margins expanded to 26%, and the company added a record 9,500 net locations. Toast second-quarter 2026 results
• Positive Sentiment: Management is reinvesting in AI and expansion. Toast plans to use its recent momentum to accelerate artificial-intelligence initiatives and broaden its restaurant-technology platform. The company also raised its 2026 outlook, reinforcing the bullish reaction to the earnings call. Toast Q2 earnings call and AI reinvestment
• Neutral Sentiment: Options activity points to heightened speculative interest. Investors purchased 20,735 call options, 34% above typical call volume. This may reflect bullish positioning, but options activity alone does not confirm sustained buying or a change in fundamentals.
• Negative Sentiment: Profitability results were mixed. One earnings report cited adjusted EPS of $0.26, below the $0.32 consensus, despite year-over-year improvement; a separate Zacks summary reported EPS of $0.34 and a beat. The conflicting figures create some uncertainty, while any confirmed earnings miss could temper upside after the recent rally.
• Negative Sentiment: The chief revenue officer sold shares. Jonathan Vassil sold 14,280 shares worth approximately $469,700, reducing his holdings by 16.95%. Because the sale occurred under a pre-arranged Rule 10b5-1 plan, it is a limited bearish signal. SEC insider-trading filing

Insider Transactions at Toast

In related news, President Stephen Fredette sold 9,146 shares of Toast stock in a transaction dated Thursday, July 2nd. The stock was sold at an average price of $28.85, for a total value of $263,862.10. Following the completion of the transaction, the president owned 931,449 shares in the company, valued at approximately $26,872,303.65. This trade represents a 0.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Aman Narang sold 14,365 shares of the business’s stock in a transaction that occurred on Thursday, July 2nd. The stock was sold at an average price of $28.85, for a total value of $414,430.25. Following the sale, the chief executive officer directly owned 70,451 shares in the company, valued at $2,032,511.35. The trade was a 16.94% decrease in their ownership of the stock. 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. Insiders have sold 173,545 shares of company stock worth $4,748,501 in the last quarter. Company insiders own 10.03% of the company’s stock.

Toast Stock Performance

Shares of TOST opened at $34.95 on Thursday. The stock has a market capitalization of $18.03 billion, a PE ratio of 44.80 and a beta of 1.72. The company’s fifty day moving average is $28.08 and its 200 day moving average is $27.84. Toast, Inc. has a fifty-two week low of $22.26 and a fifty-two week high of $46.81.

Toast (NYSE:TOST) last released its quarterly earnings data on Tuesday, August 4th. The company reported $0.26 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.06). Toast had a net margin of 7.14% and a return on equity of 23.91%. The business had revenue of $1.91 billion for the quarter, compared to the consensus estimate of $1.87 billion. During the same quarter last year, the business earned $0.13 EPS. Toast’s revenue for the quarter was up 23.1% compared to the same quarter last year. As a group, research analysts forecast that Toast, Inc. will post 0.97 earnings per share for the current year.

Toast Profile

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.