Deval Patrick Sells Shares of Toast, Inc.

Deval Patrick sold 5,256 shares of Toast, Inc. on June 12, 2026.

Key Points

  • Deval Patrick sold 5,256 shares of Toast, Inc. on June 12, 2026, with the stock trading near $25.05.
  • Toast, Inc. has a market cap of $14.53 billion and a P/E ratio of 37.39, with its stock moving between $22.26 and $49.66 over the past year.
  • Analysts are generally positive with Piper Sandler assuming a 'buy' rating and a $32 target on June 11, 2026.

Deval Patrick recently sold 5,256 shares of Toast, Inc. (NYSE: TOST) on June 12, 2026. This insider transaction was not part of a pre-planned trading scheme. The stock was trading around $25.05 at the time of the sale.

Insider Buying and Selling at Toast, Inc.

The insider activity at Toast, Inc. on June 12, 2026, included several transactions. Deval Patrick sold 5,256 shares, while also purchasing 8,888 shares earlier the same day. Other insiders like Paul Bell and Anutthara Bharadwaj were also active, with both buying and selling shares, each transaction involving 5,256 and 8,888 shares respectively.

Other Institutional Activity in Toast, Inc.

Several major funds have been active in Toast, Inc. FMR LLC added 1,926,185 shares, bringing its total to over 31.7 million shares valued at about $841.2 million. Capital International Investors reduced its holdings by 14,788,186 shares, resulting in a total of 30.6 million shares worth approximately $811.2 million. BlackRock, Inc. increased its position slightly by 264,761 shares, ending with 27.2 million shares valued at $720.1 million. Meanwhile, Vanguard Capital Management LLC and Vanguard Portfolio Management LLC both reported positions of over 20 million shares, with no prior holdings disclosed.

Toast, Inc. Stock Snapshot

Shares of Toast, Inc. (NYSE: TOST) are trading near $25.05. The company has a market cap of approximately $14.53 billion and a P/E ratio of 37.39. Its forward P/E is 14.76, indicating expectations of earnings growth. With a beta of 1.76, the stock has shown higher volatility compared to the market. Over the past 52 weeks, the stock has ranged from $22.26 to $49.66, with a 50-day moving average of $26.13 and a 200-day moving average of $32.06.

Recent Earnings

Toast, Inc. reported revenue of $6.45 billion, reflecting a growth rate of 21.9%. The company has a net margin of 6.39% and a return on equity (ROE) of 22.5%. The next earnings report is scheduled for August 4, 2026.

Analysts Set New Price Targets

On June 11, 2026, Piper Sandler assumed coverage of Toast, Inc. with a 'buy' rating and a price target of $32. Other recent analyst actions include DA Davidson maintaining a 'hold' rating with a $28 target, and Truist Securities maintaining a 'buy' rating with a $30 target. The consensus among analysts is a 'buy' recommendation, with a mean target price of $33.88 based on 25 opinions.

About Toast, Inc.

Toast, Inc. is a technology company that provides a cloud-based platform for restaurant operations. Based in Boston, Massachusetts, and led by CEO Aman Narang, the company offers a comprehensive suite of software-as-a-service solutions, including point of sale systems, inventory management, and integrated payment processing. Toast serves customers in the United States and internationally, employing around 6,500 people.

Bottom Line

The recent insider activity at Toast, Inc. reflects ongoing interest and movement within the company. With a robust market position and analyst confidence, Toast remains a company to watch. However, as with all 13F filings and insider transactions, these reports are backward-looking and may not represent current positions.

See Also

This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.