Values First Advisors Inc. Has $1.01 Million Stake in Toast, Inc. (NYSE:TOST)

Values First Advisors Inc. lessened its holdings in shares of Toast, Inc. (NYSE:TOST) by 17.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 27,700 shares of the company’s stock after selling 5,806 shares during the period. Values First Advisors Inc.’s holdings in Toast were worth $1,010,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Blue Trust Inc. grew its stake in Toast by 120.4% during the fourth quarter. Blue Trust Inc. now owns 692 shares of the company’s stock worth $25,000 after buying an additional 378 shares in the last quarter. Piscataqua Savings Bank bought a new stake in shares of Toast during the 4th quarter worth approximately $26,000. Toth Financial Advisory Corp bought a new stake in shares of Toast during the 3rd quarter worth approximately $28,000. Stonebridge Financial Group LLC acquired a new stake in shares of Toast during the 4th quarter worth approximately $34,000. Finally, Wingate Wealth Advisors Inc. bought a new position in Toast in the fourth quarter valued at approximately $40,000. 82.91% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, Director Richard Kent Bennett sold 22,885 shares of Toast stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $41.96, for a total value of $960,254.60. Following the completion of the sale, the director now owns 395,706 shares in the company, valued at $16,603,823.76. The trade was a 5.47 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, General Counsel Brian R. Elworthy sold 653 shares of the business’s stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $39.63, for a total transaction of $25,878.39. Following the transaction, the general counsel now owns 209,206 shares in the company, valued at $8,290,833.78. The trade was a 0.31 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 362,449 shares of company stock worth $14,538,099. 13.32% of the stock is currently owned by insiders.

Toast Price Performance

Shares of TOST stock opened at $40.12 on Wednesday. The stock has a 50-day moving average of $38.32 and a 200-day moving average of $32.72. Toast, Inc. has a 1-year low of $18.47 and a 1-year high of $44.12.

Analyst Ratings Changes

TOST has been the subject of a number of research analyst reports. Compass Point began coverage on Toast in a report on Wednesday, November 20th. They set a “buy” rating and a $49.00 price target for the company. Oppenheimer initiated coverage on Toast in a research note on Friday, January 24th. They set an “outperform” rating and a $46.00 target price for the company. Deutsche Bank Aktiengesellschaft raised their price target on shares of Toast from $24.00 to $30.00 and gave the company a “hold” rating in a research note on Monday, November 4th. BNP Paribas lowered shares of Toast from an “outperform” rating to a “neutral” rating and set a $37.00 price target on the stock. in a report on Wednesday, November 20th. Finally, Stephens increased their price objective on shares of Toast from $28.00 to $30.00 and gave the company an “equal weight” rating in a research note on Friday, October 18th. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $36.09.

About Toast

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.