Alkeon Capital Management Adds $2M in Toast, Inc. ($TOST)
Key Points
- Alkeon Capital Management changed its Toast, Inc. ($TOST) stake by 7.7% last quarter, boosting to 1,238,096 shares worth $30.58 million.
- Wall Street's consensus rating on $TOST is Buy and an average price target of $33.88.
- $TOST last traded around $24.70.
Alkeon Capital Management increased its position in Toast, Inc. ($TOST) by 7.7% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,238,096 shares of Toast, Inc. after buying 88,096 shares during the quarter. Alkeon Capital Management's holdings in Toast, Inc. were worth $30.58 million as of its most recent filing.
Toast, Inc. ($TOST) Stock
Toast, Inc. Earnings
Analysts Set New Price Targets
About Toast, Inc.
Toast, Inc. operates a cloud-based digital technology platform for the restaurant industry in the United States, Ireland, India, and internationally. It offers a platform of software-as-a-service for restaurant operations and point of sale, such as Toast POS; Toast IQ, a conversational artificial intelligence; vendor management; multi-location management; kitchen display system; online ordering and delivery. It offers payroll and team management; inventory and supply chain tools; xtraCHEF by toast, a set of back-office tools for restaurants, including accounts payable automation, inventory management, ingredient price tracking, and recipe costing; financial technology solutions, including integrated payment processing, and restaurant-grade hardware. The company was formerly known as Opti Systems, Inc. and changed its name to Toast, Inc. in May 2012. Toast, Inc. was incorporated in 2011 and is headquartered in Boston, Massachusetts.
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