Toast Inc’s filing revealed that its Officer Narang Aman acquired Company’s shares for reported $0.23 million on Jan 03 ’25. In the deal valued at $37.11 per share,6,133 shares were bought.
Then, Elworthy Brian R bought 2,741 shares, generating $101,710 in total proceeds.
Before that, Gomez Elena bought 14,143 shares. Toast Inc shares valued at $524,801 were divested by the Officer at a price of $37.11 per share.
DA Davidson downgraded its Toast Inc [TOST] rating to a Neutral from a a Buy in a research note published on December 05, 2024; the price target was decreased to $38 from $44. A number of analysts have revised their coverage, including Goldman’s analysts, who decreased its forecast for the stock in early December from “a Buy” to “a Neutral”. Compass Point began covering TOST with “Buy” recommendation on November 20, 2024. Exane BNP Paribas revised its rating on November 20, 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 3.35% to $37.60. Over the last five days, the stock has lost -1.52%. Toast Inc shares have risen nearly 3.16% since the year began. Nevertheless, the stocks have risen 118.10% over the past one year. While a 52-week high of $44.12 was reached on 01/03/25, a 52-week low of $16.13 was recorded on 01/02/25. SMA at 50 days reached $37.25, while 200 days put it at $28.19.
Levels Of Support And Resistance For TOST Stock
The 24-hour chart illustrates a support level at 36.88, which if violated will result in even more drops to 36.16. On the upside, there is a resistance level at 37.97. A further resistance level may holdings at 38.34. The Relative Strength Index (RSI) on the 14-day chart is 49.36, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.58, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 51.49%. Stochastics %K at 29.33% indicates the stock is a holding.
How much short interest is there in Toast Inc?
A steep rise in short interest was recorded in Toast Inc stocks on 2024-12-13, growing by 3.3 million shares to a total of 32.04 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 28.74 million shares. There was a rise of 10.29%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on September 27, 2024 when Cleveland Research began covering the stock and recommended ‘”a Buy”‘ rating along with a $33 price target.
