10 Stocks Insiders Sold in April After Trump’s Tariff Rollout

2. Toast, Inc. (NYSE:TOST)

Toast provides a cloud-based platform offering software solutions for restaurant operations, including point of sale, team management, and supply chain tools. Headquartered in Boston, Massachusetts, the company serves the U.S., Ireland, India, and beyond, with products for inventory, payroll, financial management, and more.

In April, five insiders, including the CEO, CFO, and CRO, sold approximately $2.21 million worth of Toast shares at an average price of $35.08 per share. While the stock lost 18.55% this year, over the past 12 months, its shares returned 25.27%. Currently, the stock trades at $29.69, meaning insiders sold it before further drop.

Gross payment volume for the full year 2024 increased 26% year-over-year to $159.1 billion. GAAP subscription services and financial technology solutions gross profit improved 34% from the previous year, reaching $1.4 billion. GAAP net income amounted to $19 million, compared to GAAP net loss of $(246) million in 2023. Adjusted EBITDA was $373 million, which compares to Adjusted EBITDA of $61 million in full year 2023.

Out of twenty-three analysts, 13 rate it as ‘Hold,’ nine as ‘Buy,’ and one analyst rates it ‘Sell.’ This makes the consensus rating ‘Hold” with the average price target of $39.86 per share, suggesting an upside of 34.22%.

Toast is also one of the top 10 stocks to buy according to 12 West Capital Management.