Toast, Inc. (NYSE:TOST – Get Rating) CEO Christopher P. Comparato sold 33,333 shares of the stock in a transaction dated Monday, November 21st. The stock was sold at an average price of $18.05, for a total transaction of $601,660.65. Following the completion of the sale, the chief executive officer now directly owns 229,933 shares in the company, valued at $4,150,290.65. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
Toast Price Performance
NYSE TOST traded up $0.41 on Thursday, hitting $18.63. The company had a trading volume of 2,384,013 shares, compared to its average volume of 7,434,190. The company’s fifty day moving average price is $19.02 and its 200-day moving average price is $17.10. The company has a market capitalization of $9.54 billion, a PE ratio of -25.52 and a beta of 1.96. Toast, Inc. has a 12-month low of $11.91 and a 12-month high of $44.34.
Wall Street Analyst Weigh In
Several brokerages have commented on TOST. The Goldman Sachs Group upped their price objective on Toast to $23.00 in a research report on Monday, August 15th. Mizuho upgraded Toast from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $22.00 to $24.00 in a report on Monday, October 10th. Needham & Company LLC boosted their price target on shares of Toast from $27.00 to $32.00 and gave the company a “buy” rating in a report on Friday, November 11th. Robert W. Baird raised their price objective on Toast from $25.00 to $26.00 in a research report on Friday, November 11th. Finally, Credit Suisse Group lifted their price target on shares of Toast to $21.50 in a report on Wednesday, November 16th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat, Toast presently has a consensus rating of “Hold” and a consensus target price of $24.61.
Institutional Investors Weigh In On Toast
Toast Company Profile
Toast, Inc operates a cloud-based and digital technology platform for the restaurant industry in the United States and Ireland. The company offers Toast Point of Sale (POS), a hardware product; Toast Order & Pay, which allows guests to order and pay from their mobile devices; Toast Flex that is used for on-counter order and pay, as well as used as a server station, guest kiosk, kitchen display system, or order fulfillment station; Toast Go, a handheld POS device that enhances the table turn times through tableside ordering and payment acceptance; and Toast Tap, a card reader.
- Get a free copy of the StockNews.com research report on Toast (TOST)
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