AlphAIAlphAI — Financial news for AI agents
SEC EDGAR$TOST

Narang Aman sold $414K of TOST

Narang Aman (CEO) sold 14,365 shares of Toast, Inc. (TOST) at $28.85 ($0.41M total) on 2026-07-02.

Original reporting
SEC EDGAR · Narang Aman
Published Jul 6, 2026, 8:42 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Jul 6, 2026, 9:04 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
About AlphAI AI DeskScoring methodologyReport an issue
AlphAI market briefInsider activity
Primary signal
$TOST
Neutral
high confidence
Mentioned
$TOST
Relevance
4/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$TOSTNeutralLow
01

Why it matters

The newest fact is the specific sale size, price ($28.8490/share), and post-transaction holdings (70,451 shares). The text does not include any operational, financial, or regulatory catalyst for Toast.

02

Market read

Traders may monitor for insider-selling trends, but this single disclosed sale (≈$414K) is unlikely to materially change Toast’s fundamentals based on the provided text.

03

What to watch

Insider sales can be driven by diversification, taxes, or pre-existing personal liquidity needs; the filing provides no stated reason or linkage to performance.

Relevance 4/10Novelty 3/10Timing: Filed 2026-07-06 after-hours; reflects sale executed 2026-07-02.

Background

This is an SEC Form 4 insider transaction disclosure for Toast, Inc. (TOST) by CEO Narang Aman.

Company-level read

Ticker impact

$TOSTNeutralHigh confidence
Context

CEO Narang Aman filed a Form 4 open-market sale of 14,365 Toast shares for about $414K, disclosed via SEC EDGAR.

Expected impact

Likely minimal near-term impact; any effect would be sentiment-driven and short-lived.

Evidence & confidence

The filing is a standard Form 4 open-market sale with no 10b5-1 plan stated and no accompanying fundamental company news in the text.

Market effects

Sector

No sector-level read-through provided; this is company-specific insider transaction disclosure.

Regional

None indicated.

Global

None indicated.

Counterpoint

What could challenge this read

The absence of a stated 10b5-1 plan could be interpreted as discretionary selling, but without follow-on context it’s still not strong enough to imply deterioration.

Key entities

  • issuer
    Toast, Inc.

    Company whose CEO insider sale is disclosed on Form 4.

  • insider
    Narang Aman

    Toast CEO and reporting person who sold 14,365 shares.

Read at source← All news

Full insider trading history

This story covers one filing. See everything behind it: every insider buy and sell on record, 10b5-1 plans, late filings, and which officers and directors are trading.

TOST insider trading history →

Related articles

$TOSTMed

Truist raises Toast stock price target to $40 on location growth

Truist raised its Toast Inc. (NYSE:TOST) price target to $40 from $38, citing location growth and higher recurring gross profit estimates. The stock is currently trading at $34.77, with analysts noting potential upside. Toast reported mixed Q3 2026 results, with revenue of $1.98B beating estimates but earnings missing. The company raised its full-year guidance. Other analysts have also commented on Toast's performance and growth prospects.

investing.com
$TOSTHighAI 8/10

Piper Sandler reiterates Toast stock rating on Q3 beat

Piper Sandler maintained an Overweight rating and $39 price target for Toast (TOST) after its Q3 results. Toast reported $642M in subscription and fintech gross profit, up 28.3% YoY, and added 8,500 net live locations. The company raised its 2026 guidance to 26% growth. CFO Elena Gomez will be replaced by Michael Senno. Toast's market cap is $19.4B, and it trades at a PEG ratio of 0.36. Other analysts also commented on Toast's performance and adjusted price targets.

investing.com
$TOSTHigh

Morgan Stanley cuts Toast stock price target to $42 on valuation

Morgan Stanley reduced its price target on Toast (TOST) to $42 from $45, citing valuation concerns, while maintaining an Overweight rating. The stock trades at $33.53, below its Fair Value estimate. Toast reported Q3 2026 revenue of $1.98B, beating estimates, but EPS missed at $0.29 vs. $0.37. The company raised full-year guidance, and Mizuho reiterated an Outperform rating with a $38 target.

investing.com
$TOSTHighAI 8/10

Toast Inc (TOST) (Q3 2026) Earnings Call Highlights: Recurring Gross Profit Jumps 27%

Toast Inc (TOST) reported Q3 2026 earnings with recurring gross profit up 27%. Hardware and services gross profit was negative 12%. Free cash flow conversion was 75% of adjusted EBITDA. The company faces an FTC lawsuit and expects Q4 adjusted EBITDA of $200-$210 million. Toast IQ adoption is strong, with Grow on track for $10M ARR. Operating expenses grew 16% YoY, and Q4 guidance reflects seasonality.

finance.yahoo.com
$TOSTMed

Mizuho reiterates Toast stock rating citing strong market position

Mizuho reiterated an Outperform rating and $38 price target for Toast (TOST), citing its strong market position and improving financial metrics. The company reported $6.8B revenue over the last year with 23% growth and a 16.3% return on assets. Q3 2026 revenue beat estimates at $1.98B, but earnings missed at $0.29 per share. Management provided cautious 2027 margin guidance.

investing.com