Toast Inc’s recently made public that its Chief Revenue Officer Vassil Jonathan unloaded Company’s shares for reported $0.11 million on Jan 03 ’25. In the deal valued at $37.11 per share,3,009 shares were sold. As a result of this transaction, Vassil Jonathan now holds 46,560 shares worth roughly $1.91 million.
Then, Narang Aman sold 6,133 shares, generating $227,577 in total proceeds. Upon selling the shares at $37.11, the CEO now owns 273,433 shares.
Before that, Gomez Elena sold 14,143 shares. Toast Inc shares valued at $524,804 were divested by the Chief Financial Officer at a price of $37.11 per share. As a result of the transaction, Gomez Elena now holds 158,637 shares, worth roughly $6.49 million.
Oppenheimer initiated its Toast Inc [TOST] rating to an Outperform in a research note published on January 24, 2025; the price target was $46. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who began to cover the stock in early January with a ‘”an Outperform”‘ rating. DA Davidson also remained covering TOST and has decreased its forecast on December 05, 2024 with a “Neutral” recommendation from previously “Buy” rating. Goldman revised its rating on December 02, 2024. It rated TOST as “a Neutral” which previously was an “a Buy”.
Price Performance Review of TOST
On Friday, Toast Inc [NYSE:TOST] saw its stock jump 1.51% to $40.92. Over the last five days, the stock has gained 4.04%. Toast Inc shares have risen nearly 12.26% since the year began. Nevertheless, the stocks have risen 121.91% over the past one year. While a 52-week high of $44.12 was reached on 01/31/25, a 52-week low of $17.65 was recorded on 01/13/25. SMA at 50 days reached $38.98, while 200 days put it at $29.49.
Levels Of Support And Resistance For TOST Stock
The 24-hour chart illustrates a support level at 40.26, which if violated will result in even more drops to 39.60. On the upside, there is a resistance level at 42.04. A further resistance level may holdings at 43.16. The Relative Strength Index (RSI) on the 14-day chart is 62.98, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.91, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 19.87%. Stochastics %K at 80.67% 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 2025-01-15, growing by 0.25 million shares to a total of 32.29 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 32.04 million shares. There was a rise of 0.78%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on November 20, 2024 when Compass Point began covering the stock and recommended ‘”a Buy”‘ rating along with a $49 price target.
