On October 18, 2024, Elena Gomez, Chief Financial Officer of Toast Inc (TOST, Financial), executed a sale of 31,248 shares of the company, according to the SEC Filing. Following this transaction, the insider now owns 157,620 shares of Toast Inc.
Toast Inc operates as a cloud-based, end-to-end technology platform purpose-built for the entire restaurant community. The company provides a suite of software as a service (SaaS) products and financial technology solutions that include point of sale, payment processing, and other services to help restaurateurs build successful businesses and elevate the guest experience.
Over the past year, the insider has sold a total of 139,832 shares and has not made any purchases. This recent transaction is part of a broader trend observed within the company, where there have been 84 insider sells and no insider buys over the past year.
Shares of Toast Inc were trading at $30.37 on the day of the transaction. The company currently holds a market cap of approximately $16.51 billion.
According to GF Value, the intrinsic value of Toast Inc is estimated at $28.10 per share, making the stock Fairly Valued with a price-to-GF-Value ratio of 1.08. The GF Value is calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and estimated future business outcomes.
This sale by the insider may be of interest to current and potential investors, providing insight into insider confidence and stock valuation based on recent market activities and the company's financial technology solutions within the restaurant industry.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
