KD Logo

Checking in on Toast Inc (TOST) after recent insiders movement

Toast Inc’s recently made public that its Director Comparato Christopher P unloaded Company’s shares for reported $1.94 million on Jun 18 ’24. In the deal valued at $24.23 per share,80,000 shares were sold. As a result of this transaction, Comparato Christopher P now holds 97,762 shares worth roughly $2.54 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, Vassil Jonathan sold 50,000 shares, generating $1,289,440 in total proceeds. Upon selling the shares at $25.79, the Chief Revenue Officer now owns 26,897 shares.

Before that, Matlock James Michael sold 700 shares. Toast Inc shares valued at $19,349 were divested by the Principal Accounting Officer at a price of $27.64 per share. As a result of the transaction, Matlock James Michael now holds 45,810 shares, worth roughly $1.19 million.

Wedbush initiated its Toast Inc [TOST] rating to an Outperform in a research note published on May 24, 2024; the price target was $30. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who decreased its forecast for the stock in late May from “an Outperform” to “a Neutral”. Keefe Bruyette began covering TOST with “Mkt perform” recommendation on April 09, 2024. Exane BNP Paribas revised its rating on March 07, 2024. It rated TOST as “an Outperform” which previously was an “a Neutral”.

Price Performance Review of TOST

On Tuesday, Toast Inc [NYSE:TOST] saw its stock jump 2.08% to $25.99. Over the last five days, the stock has gained 0.78%. Toast Inc shares have risen nearly 42.33% since the year began. Nevertheless, the stocks have risen 15.15% over the past one year. While a 52-week high of $27.90 was reached on 05/16/24, a 52-week low of $13.77 was recorded on 01/25/24. SMA at 50 days reached $24.55, while 200 days put it at $20.40. A total of 3.17 million shares were traded, compared to the trading of 11.07 million shares in the previous session.

Levels Of Support And Resistance For TOST Stock

The 24-hour chart illustrates a support level at 25.51, which if violated will result in even more drops to 25.04. On the upside, there is a resistance level at 26.23. A further resistance level may holdings at 26.48. The Relative Strength Index (RSI) on the 14-day chart is 63.31, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.04, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 3.91%. Stochastics%K at 90.95% indicates the stock is a selling.

The most recent change occurred on March 04, 2024 when Evercore ISI began covering the stock and recommended ‘”an Outperform”‘ rating along with a $32 price target.

Most Popular