Fredette Stephen sold $275K of TOST

Fredette Stephen (President) sold 9,368 shares of Toast, Inc. (TOST) at $29.35 ($0.27M total) on 2026-10-02.

Original reporting
SEC EDGAR · Fredette Stephen
Published Oct 5, 2026, 8:34 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Oct 5, 2026, 8:36 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.
AlphAI market briefInsider activity
Primary signal
$TOST
Bearish
medium confidence
Mentioned
$TOST
Relevance
4/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$TOSTBearishLow
01

Why it matters

The disclosed sale is modest and unlikely to move the stock significantly, but it provides a data point for monitoring insider activity.

02

Market read

A routine insider sale of under $300 K, providing a low‑impact data point for traders monitoring Toast, Inc.

03

What to watch

No material corporate event accompanies the sale; the transaction size is small relative to total shares outstanding.

Relevance 4/10Novelty 4/10Timing: today

Background

Form 4 filings disclose insider transactions and are used by traders to gauge potential sentiment shifts.

Company-level read

Ticker impact

$TOSTBearishMedium confidence
Context

President Stephen Fredette sold 9,368 shares for $274,988, reducing his stake to 941,692 shares.

Expected impact

potential slight downward pressure as market prices in the insider sell.

Evidence & confidence

The sale is a routine Form 4 filing of modest size; such transactions often cause limited short‑term price impact.

Market effects

Minimal; the sale does not affect the broader restaurant‑technology sector.

None; the filing is company‑specific.

None

Counterpoint

The insider may be diversifying without any negative outlook for the company.

Key entities

  • Toast, Inc.

    US‑listed restaurant‑technology platform (ticker TOST).

  • Stephen Fredette

    President of Toast, Inc. and reporting insider.

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.

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.

$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.

$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.

$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.

$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.