Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Toast Inc shares valued at $25,878 were sold by Elworthy Brian R on Feb 04 ’25. At $39.63 per share, Elworthy Brian R sold 653 shares. The insider’s holdings dropped to 209,206 shares worth approximately $7.85 million following the completion of this transaction.
Also, Fredette Stephen sold 1,068 shares, netting a total of over 42,324 in proceeds. Following the sale of shares at $39.63 each, the insider now holds 1,644,656 shares.
Before that, Gomez Elena had sold 2,052 shares from its account. In a trade valued at $81,319, the Chief Financial Officer traded Toast Inc shares for $39.63 each. Upon closing the transaction, the insider’s holdings decreased to 2,052 shares, worth approximately $6.02 million.
As published in their initiating research note from Oppenheimer on January 24, 2025, Toast Inc [TOST] has been an Outperform and the price target has been revised to $46. Analysts at BMO Capital Markets started covering the stock with ‘”an Outperform”‘ outlook in a report released in early January. As of December 05, 2024, DA Davidson has decreased its “Buy” rating to a “Neutral” for TOST. Earlier on December 02, 2024, Goldman downgraded its rating. Their new recommendation was “a Neutral” for TOST stock which previously was a “a Buy”.
Analyzing TOST Stock Performance
During the last five days, there has been a drop of approximately -6.78%. Over the course of the year, Toast Inc shares have jumped approximately 2.96%. Shares of the company reached a 52-week high of $43.01 on 02/18/25 and a 52-week low of $34.55 on 01/13/25. A 50-day SMA is recorded $38.52, while a 200-day SMA reached $30.95. Nevertheless, trading volume fell to 7.73 million shares from 8.4 million shares the previous day.
Support And Resistance Levels for Toast Inc (TOST)
According to the 24-hour chart, there is a support level at 36.96, which, if violated, would cause prices to drop to 36.39. In the upper region, resistance lies at 38.60. The next price resistance is at 39.67. RSI (Relative Strength Index) is 43.69 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.27, which suggests the price will decrease in the coming days. Percent R is at 70.44%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
