Kampmann Melissa S. Boosts Stake in Toast, Inc. (NYSE:TOST)

Kampmann Melissa S. lifted its holdings in shares of Toast, Inc. (NYSE:TOST) by 28.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 56,120 shares of the company’s stock after buying an additional 12,590 shares during the period. Kampmann Melissa S.’s holdings in Toast were worth $1,589,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. West Branch Capital LLC purchased a new stake in shares of Toast during the 2nd quarter valued at about $26,000. LRI Investments LLC bought a new position in Toast during the first quarter valued at approximately $27,000. Toth Financial Advisory Corp purchased a new stake in Toast in the third quarter worth approximately $28,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Toast in the 2nd quarter worth approximately $33,000. Finally, 1620 Investment Advisors Inc. purchased a new stake in Toast during the 2nd quarter valued at $34,000. 82.91% of the stock is currently owned by institutional investors.

Toast Stock Up 14.7 %

NYSE TOST opened at $37.48 on Friday. Toast, Inc. has a twelve month low of $13.77 and a twelve month high of $38.40. The business has a 50-day moving average price of $28.19 and a 200-day moving average price of $25.99.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. Wedbush raised their price target on Toast from $35.00 to $45.00 and gave the stock an “outperform” rating in a research note on Friday. JPMorgan Chase & Co. increased their target price on Toast from $28.00 to $36.00 and gave the company a “neutral” rating in a report on Friday. Stephens boosted their price target on Toast from $28.00 to $30.00 and gave the company an “equal weight” rating in a research note on Friday, October 18th. Morgan Stanley increased their price objective on shares of Toast from $30.00 to $33.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 22nd. Finally, DA Davidson boosted their target price on shares of Toast from $32.00 to $35.00 and gave the company a “buy” rating in a research report on Tuesday, October 29th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $31.80.

Insiders Place Their Bets

In other news, CRO Jonathan Vassil sold 1,367 shares of Toast stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $31.08, for a total transaction of $42,486.36. Following the sale, the executive now owns 39,834 shares in the company, valued at $1,238,040.72. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In related news, CEO Aman Narang sold 10,106 shares of the stock in a transaction that occurred on Wednesday, October 2nd. The stock was sold at an average price of $27.77, for a total transaction of $280,643.62. Following the completion of the transaction, the chief executive officer now directly owns 968,095 shares of the company’s stock, valued at approximately $26,883,998.15. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CRO Jonathan Vassil sold 1,367 shares of the firm’s stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $31.08, for a total value of $42,486.36. Following the transaction, the executive now owns 39,834 shares of the company’s stock, valued at $1,238,040.72. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 1,375,651 shares of company stock worth $38,150,212 in the last three months. 13.32% of the stock is owned by company insiders.

Toast Profile

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.