Toast Inc’s filing revealed that its Officer Gomez Elena acquired Company’s shares for reported $0.95 million on Oct 18 ’24. In the deal valued at $30.37 per share,31,248 shares were bought.
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 bought 50,000 shares, generating $1,519,263 in total proceeds.
Before that, Elworthy Brian R bought 300,000 shares. Toast Inc shares valued at $9,116,072 were divested by the Officer at a price of $30.39 per share.
Cleveland Research initiated its Toast Inc [TOST] rating to a Buy in a research note published on September 27, 2024; the price target was $33. A number of analysts have revised their coverage, including Mizuho’s analysts, who increased its forecast for the stock in mid July from “a Neutral” to “an Outperform”. Wedbush began covering TOST with “an Outperform” recommendation on May 24, 2024. Robert W. Baird revised its rating on May 21, 2024. It rated TOST as “a Neutral” which previously was an “an Outperform”.
Price Performance Review of TOST
On Friday, Toast Inc [NYSE:TOST] saw its stock jump 2.64% to $30.32. Over the last five days, the stock has gained 6.99%. Toast Inc shares have risen nearly 66.05% since the year began. Nevertheless, the stocks have risen 70.34% over the past one year. While a 52-week high of $29.92 was reached on 10/18/24, a 52-week low of $13.77 was recorded on 01/25/24. SMA at 50 days reached $26.24, while 200 days put it at $23.87.
Levels Of Support And Resistance For TOST Stock
The 24-hour chart illustrates a support level at 29.81, which if violated will result in even more drops to 29.31. On the upside, there is a resistance level at 30.76. A further resistance level may holdings at 31.21. The Relative Strength Index (RSI) on the 14-day chart is 68.96, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.94, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 10.03%. Stochastics %K at 85.70% indicates the stock is a selling.
How much short interest is there in Toast Inc?
A steep rise in short interest was recorded in Toast Inc stocks on 2024-09-30, dropping by -3.29 million shares to a total of 34.26 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 37.55 million shares. There was a decline of -9.61%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on April 09, 2024 when Keefe Bruyette began covering the stock and recommended ‘”a Mkt perform”‘ rating along with a $25 price target.
