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Insider Sale: CFO Elena Gomez Sells 12,500 Shares of Toast Inc (TOST)

Toast Inc (NYSE:TOST), a company specializing in cloud-based technology for the restaurant industry, recently saw a significant transaction from its Chief Financial Officer, Elena Gomez. On May 8, 2024, the insider sold 12,500 shares of the company at a price of $26.39 per share. The transaction was documented in an SEC Filing.This sale is part of a broader trend observed over the past year, where the insider has sold a total of 77,250 shares. It is important to note that during this period, the insider has not made any share purchases.The transaction comes at a time when Toast Inc holds a market cap of approximately $14.89 billion. The company's valuation metrics, such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, are essential for investors tracking stock performance.The insider transaction history for Toast Inc shows a pattern of more sales than purchases among insiders, with 92 sales and only 1 buy over the past year. This could be an indicator of insider sentiment towards the stock's future performance.

Insider Sale: CFO Elena Gomez Sells 12,500 Shares of Toast Inc (TOST)
Insider Sale: CFO Elena Gomez Sells 12,500 Shares of Toast Inc (TOST)

For more detailed valuation, investors might consider looking at the GF Value of the stock to assess its potential fair value and future return prospects.This recent insider activity provides critical data for investors and market watchers tracking the movements of high-level executives within Toast Inc.

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.

This article first appeared on GuruFocus.