Narang Aman, an insider at Toast Inc (TOST), sold 319,939 shares of the company's stock on November 3, 2025, at a price of $35.54 per share, resulting in a total transaction value of $11.37 million. Following this sale, Aman retains 319,939 shares in Toast Inc.
This transaction highlights the complexities surrounding insider trading. While insider selling can be driven by various factors such as diversification, tax planning, or personal financial needs, it does not inherently reflect negative sentiment toward the company. Investors are encouraged to consider insider transactions within a broader context, examining patterns over time and across multiple insiders rather than focusing on isolated events.
Toast Inc operates in the financial services sector, providing a comprehensive software-as-a-service (SaaS) platform tailored for the restaurant industry. The company, headquartered in Boston, Massachusetts, employs approximately 5,700 individuals and went public on September 22, 2021. Its offerings include integrated payment processing and a suite of tools designed to enhance restaurant operations, including point-of-sale systems and marketing solutions.
As of November 20, 2025, Toast Inc boasts a market capitalization of $19.2 billion, with a price-to-earnings (P/E) ratio of 70.22 and earnings per share (EPS) of 0.44. The company is set to report its upcoming earnings on August 3, 2026, with an estimated EPS of $0.21 and expected revenue of $1.9 billion.