
American Century Companies Inc. increased its stake in shares of Toast, Inc. ( NYSE:TOST – Free Report ) by 330.
0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 335,965 shares of the company’s stock after purchasing an additional 257,831 shares during the period. American Century Companies Inc.
owned 0.07% of Toast worth $12,246,000 as of its most recent filing with the Securities & Exchange Commission. Several other institutional investors also recently bought and sold shares of the company.
Blue Trust Inc. lifted its position in shares of Toast by 120.4% in the fourth quarter.
Blue Trust Inc. now owns 692 shares of the company’s stock valued at $25,000 after acquiring an additional 378 shares in the last quarter. Piscataqua Savings Bank acquired a new position in Toast in the 4th quarter valued at $26,000.
Stonebridge Financial Group LLC purchased a new position in Toast in the 4th quarter valued at $34,000. SBI Securities Co. Ltd.
acquired a new stake in Toast during the 4th quarter worth $35,000. Finally, Wingate Wealth Advisors Inc. purchased a new stake in shares of Toast during the fourth quarter worth $40,000.
82.91% of the stock is currently owned by institutional investors and hedge funds. Wall Street Analysts Forecast Growth A number of equities analysts recently weighed in on the stock.
Morgan Stanley boosted their price target on shares of Toast from $46.00 to $50.00 and gave the stock an “overweight” rating in a research report on Thursday, February 20th.
DA Davidson restated a “neutral” rating and set a $38.00 target price (down from $44.00) on shares of Toast in a report on Thursday, December 5th.
BNP Paribas set a $37.00 price target on Toast and gave the company a “neutral” rating in a report on Wednesday, February 19th. Wells Fargo & Company boosted their price objective on Toast from $25.
00 to $30.00 and gave the stock an “underweight” rating in a research note on Thursday, January 16th. Finally, Oppenheimer began coverage on Toast in a research note on Friday, January 24th.
They issued an “outperform” rating and a $46.00 target price for the company. One research analyst has rated the stock with a sell rating, twelve have given a hold rating and nine have assigned a buy rating to the company’s stock.
According to data from MarketBeat, Toast currently has a consensus rating of “Hold” and an average target price of $40.48. Insider Buying and Selling at Toast In other news, President Stephen Fredette sold 1,068 shares of Toast stock in a transaction dated Tuesday, February 4th.
The stock was sold at an average price of $39.63, for a total value of $42,324.84.
Following the completion of the transaction, the president now owns 1,644,656 shares in the company, valued at approximately $65,177,717.28. This trade represents a 0.
06 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website . Also, Director Deval L.
Patrick sold 34,222 shares of the company’s stock in a transaction that occurred on Thursday, March 13th. The stock was sold at an average price of $33.01, for a total transaction of $1,129,668.
22. Following the sale, the director now owns 13,260 shares in the company, valued at $437,712.60.
The trade was a 72.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here .
Insiders sold 270,770 shares of company stock valued at $9,409,211 in the last 90 days. Company insiders own 13.32% of the company’s stock.
Toast Trading Up 3.2 % TOST stock opened at $34.25 on Wednesday.
The business’s fifty day moving average price is $37.63 and its 200 day moving average price is $35.60.
Toast, Inc. has a 12-month low of $21.32 and a 12-month high of $44.
12. The company has a market capitalization of $16.92 billion, a PE ratio of -3,421.
28, a P/E/G ratio of 2.16 and a beta of 1.99.
Toast ( NYSE:TOST – Get Free Report ) last issued its quarterly earnings results on Wednesday, February 19th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.
06 by ($0.01). The business had revenue of $1.
34 billion for the quarter, compared to analyst estimates of $1.32 billion. Toast had a return on equity of 1.
54% and a net margin of 0.40%. Research analysts predict that Toast, Inc.
will post 0.39 EPS for the current fiscal year. About Toast ( Free Report ) 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. Further Reading Five stocks we like better than Toast 5 Top Rated Dividend Stocks to Consider D-Wave: Multiple Use Cases Emerge Following Quantum Supremacy How to Evaluate a Stock Before Buying Amazon Falls Back to a Key Support Line: Here’s How to Play It How to start investing in penny stocks Buffett Trims Equities, But Still Keeps Buying This Stock Want to see what other hedge funds are holding TOST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Toast, Inc.
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