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Toast, Inc. (TOST)

USD29.96 +0.64 (+2.18%)
US NYSE Technology Software - Infrastructure
Address 401 Park Drive 2215
Boston, MA, US
CEO Aman Narang
IPO 2021-09-22
CIK 1650164 ISIN US8887871080

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Description

Toast, Inc. delivers a comprehensive cloud-based digital technology platform tailored specifically for the restaurant sector, serving businesses across the United States and Ireland. Its extensive product suite features an array of hardware solutions, including the foundational Toast Point of Sale (POS) system. Toast Flex offers versatile functionality, adaptable as an on-counter order and payment terminal, a server workstation, a guest kiosk, a kitchen display system, or an order fulfillment hub. For enhanced tableside service and expedited table turnover, the company provides Toast Go, a handheld POS device facilitating ordering and payment acceptance directly at the table, alongside Toast Tap, a compact card reader. Beyond hardware, Toast supplies robust software solutions. Toast Order & Pay empowers guests to place orders and settle bills conveniently from their mobile devices. The platform integrates specialized kitchen display system software, streamlining communication between front-of-house staff and the kitchen team. For larger operations, multi-location management software enables customers to centralize operational control, standardize procedures, and efficiently configure menus. Back-office administrative tasks are supported by xtraCHEF tools. Furthermore, Toast Flex for Kitchen provides a larger, mountable hardware solution designed specifically as a kitchen screen. Regarding customer engagement and logistics, Toast offers the Toast Online Ordering & Toast TakeOut app, a software platform enabling restaurants to accept off-premises orders directly through their branded websites. For delivery, they provide First-Party Delivery services, allowing restaurants to manage their own driver fleets and customize delivery parameters such as hours, zones, fees, and minimum order values. Additionally, Toast Delivery Services connects restaurants with a network of third-party delivery drivers, complemented by broader Toast Delivery Partners services. The company's offerings extend to comprehensive business support services. These encompass loyalty programs and gift card management, payroll and team administration tools, tailored business owner policy insurance with restaurant-specific enhancements, and efficient payment processing solutions. Toast also facilitates financial support through loans advanced to restaurants and purchase financing options. Detailed reporting and analytics solutions provide valuable insights. For broader integration, Toast Partner Connect allows users to discover, select, and seamlessly integrate with various third-party partners via bi-directional APIs. Established in 2011, Toast, Inc. maintains its headquarters in Boston, Massachusetts.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
USD29.96 +0.64 (+2.18%)
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Volume Profile
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Liquidity & share structure
Average Volume
12M
Beta
1.74
Float Shares
482.94M
Free Float %
83.3%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-3.82% -7.70% -14.33% -14.89% -36.64% -34.50% -47.09% +19.71% -62.79% -62.79% -62.79%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (30 ratings, all time) Buy
Price Targets & DCF
Current price
29.96
Low 28.00 -6.5%
Consensus 36.56 +22.0%
Median 36.00 +20.2%
High 45.00 +50.2%
DCF (Unlevered) 32.22 +7.6%
DCF (Levered) 32.87 +9.7%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 66% Bullish
Rating 2026-05 Change
Strong Buy 4 0
Buy 15 0
Hold 10 0
Sell 0 0
Strong Sell 0 0
Price Target Summary
Period # Analysts Avg Target
Last Month 1
35.00
+16.8%
Last Quarter 12
38.42
+28.2%
Last Year 30
45.20
+50.9%
All Time 67
36.37
+21.4%
Quality scores
Altman Z-Score
9.90
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
6 / 10
Developing
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
4 / 5
High
P/E Score
2 / 5
Medium
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Software - Infrastructure: +13.7%
    +24.1% Q1'26: +21.9% (vs Q1'25)
  • EPS growth Software - Infrastructure: +28.7%
    +1,639.1% Q1'26: +127.5% (vs Q1'25)
  • FCF margin FCF growth · Software - Infrastructure: +32.2%
    +2.0% Q1'26: +7.1% (vs Q1'25)
  • EBIT margin Software - Infrastructure: +8.8%
    +5.0% Q1'26: +6.7% (vs Q1'25)
  • ROIC Software - Infrastructure: +6.6%
    +174.3% Q1'26: +178.6% (vs Q1'25)
  • Share dilution Software - Infrastructure: +0.0%
    +2.7% Q1'26: -0.2% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Software - Infrastructure: -1.06×
    0.11× Q1'26: 0.04× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.82) × ERP
WACC = 100% × Ke + 0% × Kd (4.0%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 32.06 Current price: 29.96
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
20 Rev. Ana.
11 EPS Ana.
Dec 2027
19 Rev. Ana.
10 EPS Ana.
Dec 2028
9 Rev. Ana.
7 EPS Ana.
Dec 2029
4 Rev. Ana.
2 EPS Ana.
Revenue
1.71B
est: 1.68B (+1.7%)
2.73B
est: 2.71B (+0.6%)
3.87B
est: 4.39B (-11.9%)
4.96B
est: 4.94B (+0.4%)
6.15B
est: 6.14B (+0.3%)
7.40B
7.27B – 7.49B
+20.6% YoY
8.74B
8.62B – 8.86B
+18.1% YoY
10.25B
10.20B – 10.29B
+17.3% YoY
12.36B
11.98B – 12.64B
+20.6% YoY
EBITDA
-207.00M
est: -184.93M (-11.9%)
-360.00M
est: -299.39M (-20.2%)
-255.00M
est: 1.18B (-121.7%)
108.00M
est: 1.32B (-91.8%)
372.00M
est: 1.65B (-77.4%)
1.98B
1.95B – 2.01B
+20.6% YoY
2.34B
2.31B – 2.38B
+18.1% YoY
2.75B
2.74B – 2.76B
+17.3% YoY
3.31B
3.21B – 3.39B
+20.6% YoY
EBIT
-228.00M
est: -208.90M (-9.1%)
-384.00M
est: -338.20M (-13.5%)
-287.00M
est: 1.13B (-125.3%)
62.00M
est: 1.28B (-95.1%)
305.00M
est: 1.59B (-80.8%)
1.91B
1.88B – 1.94B
+20.6% YoY
2.26B
2.23B – 2.29B
+18.1% YoY
2.65B
2.64B – 2.66B
+17.3% YoY
3.20B
3.10B – 3.27B
+20.6% YoY
Net Income
-487.00M
est: -929.05M (+47.6%)
-275.00M
est: -80.28M (-242.6%)
-246.00M
est: -150.82M (-63.1%)
19.00M
est: 224.00M (-91.5%)
342.00M
est: 620.48M (-44.9%)
773.36M
761.46M – 785.26M
+24.6% YoY
973.37M
919.13M – 1.03B
+25.9% YoY
955.00M
808.49M – 1.93B
-1.9% YoY
1.52B
1.46B – 1.57B
+59.3% YoY
SGA
379.00M
est: 370.88M (+2.2%)
613.00M
est: 600.44M (+2.1%)
763.00M
est: 832.92M (-8.4%)
777.00M
est: 937.90M (-17.2%)
915.00M
est: 1.17B (-21.5%)
1.40B
1.38B – 1.42B
+20.6% YoY
1.66B
1.64B – 1.68B
+18.1% YoY
1.95B
1.94B – 1.95B
+17.3% YoY
2.35B
2.28B – 2.40B
+20.6% YoY
EPS
-0.97
est: -1.57 (+38.3%)
-0.72
est: -0.14 (-425.5%)
-0.47
est: -0.25 (-88.2%)
0.03
est: 0.61 (-94.4%)
0.59
est: 1.03 (-42.6%)
1.27
1.25 – 1.29
+24.0% YoY
1.61
1.51 – 1.69
+26.2% YoY
2.15
1.33 – 3.18
+33.4% YoY
2.51
2.41 – 2.58
+16.8% YoY
Recent Grade Changes (3M)
Date Firm Previous New Grade Action
2026-05-05 DA Davidson Neutral Neutral Maintain
2026-04-22 BMO Capital Outperform Outperform Maintain
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-07 A- 4/5 4/5 4/5 5/5 4/5 2/5 1/5
2026-05-06 A- 4/5 4/5 4/5 5/5 4/5 2/5 1/5
2026-05-05 A- 4/5 4/5 4/5 5/5 4/5 2/5 1/5
2026-05-04 A- 4/5 4/5 4/5 5/5 4/5 2/5 1/5
2026-05-01 B+ 3/5 4/5 4/5 5/5 3/5 1/5 1/5
2026-04-30 B+ 3/5 4/5 4/5 5/5 3/5 1/5 1/5
2026-04-29 B+ 3/5 4/5 4/5 5/5 3/5 1/5 1/5
2026-04-28 B+ 3/5 4/5 4/5 5/5 3/5 1/5 1/5
2026-04-27 B+ 3/5 4/5 4/5 5/5 3/5 1/5 1/5
2026-04-24 B+ 3/5 4/5 4/5 5/5 3/5 1/5 1/5
2026-04-23 B+ 3/5 4/5 4/5 5/5 3/5 1/5 1/5
2026-04-22 B+ 3/5 4/5 4/5 5/5 3/5 1/5 1/5
2026-04-21 B+ 3/5 4/5 4/5 5/5 3/5 1/5 1/5
2026-04-20 B+ 3/5 4/5 4/5 5/5 3/5 1/5 1/5
2026-04-17 B 3/5 3/5 4/5 5/5 3/5 1/5 1/5
2026-04-16 B+ 3/5 4/5 4/5 5/5 3/5 1/5 1/5
2026-04-15 B+ 3/5 4/5 4/5 5/5 3/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
693.70M
OE per share TTM
1.14
Owner's Yield
4.02%
Maintenance CapEx ratio
5.95%
Maint CapEx / Avg PPE
3.2%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
281
Total invested
1.11B
Insider transactions (90d)
0
Beneficial owners (>5%)
36
Beneficial owners (>5%)
# Reporting person Amount owned % of class Sole voting Shared voting Sole dispositive Shared dispositive Type Citizenship Filing date SEC filing
1 Bessemer Venture Partners IX Institutional, L.P. 50.73M 40.80% 22.57M 22.57M PN 2022-02-15
2 Bessemer Venture Partners IX, L.P. 50.73M 40.80% 28.17M 28.17M PN 2022-02-15
3 Deer IX & Co. L.P. 50.73M 40.80% 50.73M 50.73M PN 2022-02-15
4 52-0556948 28.32M 6.10% 27.30M IA Maryland 2024-11-14
5 14.30% 27.72M 14.30% 27.72M 27.72M IN 2022-02-14
6 Crossover Management X, Ltd. 26.68M 26.70% 26.68M 26.68M OO Islands 2022-02-14
7 13.29% 25.30M 13.29% 25.30M IN 2022-02-14
8 Abigail P. Johnson 25.20M 5.47% 25.20M IN Delaware 2024-11-12
9 FMR LLC 25.20M 5.47% 25.15M 25.20M HC Delaware 2024-11-12
10 (1) BlackRock, Inc. 24.31M 5.30% 22.41M 24.31M HC Delaware 2024-11-08
11 L.P. 19.72M 21.20% 19.72M 19.72M PN Islands 2022-02-14
12 HMI Capital Fund GP, LLC 11.05M 15.00% 11.05M HC Delaware 2022-02-14
13 HMI Capital Management, L.P. 11.05M 15.00% 11.05M IA Delaware 2022-02-14
14 Justin C. Nyweide 11.05M 15.00% 11.05M IN United States 2022-02-14
15 Marco W. Hellman 11.05M 15.00% 11.05M IN United States 2022-02-14
16 Members GP, LLC 11.05M 15.00% 11.05M HC Delaware 2022-02-14
17 Radhakrishnan Raman Mahendran 11.05M 15.00% 11.05M IN United States 2022-02-14
18 Sean M. Barrett 11.05M 15.00% 11.05M IN United States 2022-02-14
19 HMI Capital Partners, L.P. 10.47M 14.20% 10.47M PN Delaware 2022-02-14
20 13G 9.50M 11.41% 9.50M 13.00 CO Delaware 2022-02-11
21 Daniel Sundheim 6.39M 8.70% 3.0K 6.38M 3.0K HC, IN United States of America 2022-02-14
22 D1 Capital Partners L.P. 6.38M 8.70% 6.38M IA, PN Delaware 2022-02-14
23 WILLIAM C. MARTIN 4.47M 5.70% 4.2K 4.46M HC 2022-02-14
24 RAGING CAPITAL MANAGEMENT, LLC 4.46M 5.70% 4.46M IA 2022-02-14
25 Deer X & Co. L.P. 4.40M 5.60% 4.40M 4.40M PN 2022-02-15
26 (A), L.P. 4.39M 5.60% 4.39M 4.39M PN Islands 2022-02-14
27 Gilder, Gagnon, Howe & Co. LLC 3.84M 5.20% 3.84M BD New York 2022-02-14
28 Bessemer Venture Partners Century Fund Institutional L.P. 3.80M 4.90% 3.80M 3.80M PN 2022-02-15
29 Member Fund, L.P. 1.10M 1.50% 1.10M 1.10M PN Islands 2022-02-14
30 (B), L.P. 961.7K 1.30% 961.7K 961.7K PN Islands 2022-02-14
31 Bessemer Venture Partners Century Fund L.P. 602.0K 0.80% 602.0K 602.0K PN 2022-02-15
32 (A) Blocker, L.P. 504.3K 0.70% 504.3K 504.3K PN Islands 2022-02-14
33 Coatue Management, L.L.C. 341.9K 0.50% 341.9K 341.9K IA, OO 2022-02-14
34 Philippe Laffont 341.9K 0.50% 341.9K 341.9K HC, IN 2022-02-14
35 Coatue Offshore Master Fund LP 238.3K 0.30% 238.3K 238.3K PN 2022-02-14
36 95-1411037 13.00 7.20% 30.20M 30.42M IA Delaware 2024-02-09

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2026 Q1
Investors holding
281
-554 vs prev Q
New positions
37
Closed positions
558
Increased
151
Reduced
72
Put/Call ratio
0.07
Calls held
151.7K
Puts held
10.9K
Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 MACQUARIE MANAGEMENT HOLDINGS, INC. 1.80M +1.8M (+100.0%) 64.06B +64.1B (+100.0%) 0.31% +0.310 pp 0.10% +0.097 pp USD35.51 +0.0% 1 qtrs NEW
2 CAPITAL INTERNATIONAL INVESTORS 45.39M -3.0M (-6.3%) 1.61B -156.2M (-8.8%) 7.76% -0.590 pp 0.25% -0.033 pp USD24.67 +43.9% 18 qtrs
3 VANGUARD GROUP INC 44.69M -71.8K (-0.2%) 1.59B -47.3M (-2.9%) 7.68% -0.039 pp 0.02% -0.002 pp USD20.41 +74.0% 18 qtrs
4 FMR LLC 29.81M +2.5M (+9.0%) 1.06B +59.9M (+6.0%) 5.12% +0.406 pp 0.05% +0.002 pp USD26.31 +35.0% 18 qtrs
5 BLACKROCK, INC. 26.90M +422.7K (+1.6%) 955.22M -11.5M (-1.2%) 4.62% +0.057 pp 0.02% -0.001 pp USD29.02 +22.4% 6 qtrs
6 JENNISON ASSOCIATES LLC 15.16M +157.4K (+1.0%) 538.26M -9.4M (-1.7%) 2.59% +0.005 pp 0.32% +0.004 pp USD39.53 -10.2% 5 qtrs
7 MORGAN STANLEY 10.37M +653.5K (+6.7%) 368.33M +13.5M (+3.8%) 1.78% +0.107 pp 0.02% +0.001 pp USD35.84 -0.9% 18 qtrs
8 STATE STREET CORP 9.82M +282.3K (+3.0%) 348.73M +485.5K (+0.1%) 1.69% +0.043 pp 0.01% 0.000 pp USD21.44 +65.6% 17 qtrs
9 JPMORGAN CHASE & CO 9.38M -535.8K (-5.4%) 333.04M -28.9M (-8.0%) 1.60% -0.106 pp 0.02% -0.001 pp USD28.74 +23.6% 18 qtrs
10 ALLIANCEBERNSTEIN L.P. 9.33M +1.1M (+13.6%) 331.35M +31.4M (+10.5%) 1.60% +0.187 pp 0.10% +0.010 pp USD36.19 -1.9% 18 qtrs
11 XN LP 8.99M +3.0M (+50.8%) 319.18M +101.6M (+46.7%) 1.54% +0.517 pp 8.94% +2.547 pp USD27.99 +26.9% 9 qtrs
12 GEODE CAPITAL MANAGEMENT, LLC 8.68M +169.2K (+2.0%) 307.21M -2.5M (-0.8%) 1.49% +0.024 pp 0.02% -0.001 pp USD23.15 +53.4% 17 qtrs
13 VALUEACT HOLDINGS, L.P. 8.02M +4.6M (+135.9%) 284.62M +160.6M (+129.5%) 1.38% +0.792 pp 4.05% +1.960 pp USD35.93 -1.2% 6 qtrs
14 T. ROWE PRICE INVESTMENT MANAGEMENT, INC. 7.17M -3.5M (-32.9%) 254.53M -135.7M (-34.8%) 1.23% -0.611 pp 0.16% -0.078 pp USD25.30 +40.4% 14 qtrs
15 SUMITOMO MITSUI TRUST HOLDINGS, INC. 7.03M -484.3K (-6.4%) 249.74M -24.7M (-9.0%) 1.20% -0.094 pp 0.15% -0.011 pp USD22.31 +59.2% 17 qtrs
16 GOLDMAN SACHS GROUP INC 5.91M +289.0K (+5.1%) 209.81M +4.6M (+2.3%) 1.01% +0.041 pp 0.03% +0.001 pp USD34.84 +1.9% 6 qtrs
17 PRINCIPAL FINANCIAL GROUP INC 5.87M -42.9K (-0.7%) 208.31M -7.4M (-3.4%) 1.00% -0.016 pp 0.11% -0.003 pp USD33.72 +5.3% 15 qtrs
18 NORGES BANK 5.71M +5.7M (+100.0%) 202.81M +202.8M (+100.0%) 0.98% +0.976 pp 0.02% +0.022 pp USD35.51 +0.0% 1 qtrs NEW
19 MARSHALL WACE, LLP 5.29M +198.8K (+3.9%) 187.94M +2.0M (+1.1%) 0.91% +0.031 pp 0.17% -0.018 pp USD35.70 -0.5% 16 qtrs
20 JANE STREET GROUP, LLC 5.27M +1.4M (+36.8%) 187.02M +46.5M (+33.1%) 0.90% +0.237 pp 0.03% +0.007 pp USD33.49 +6.0% 6 qtrs
21 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 4.58M +235.6K (+5.4%) 162.60M +4.0M (+2.5%) 0.79% +0.038 pp 0.10% -0.005 pp USD37.20 -4.5% 5 qtrs
22 BANK OF AMERICA CORP /DE/ 4.40M -1.5M (-25.7%) 156.29M -60.1M (-27.8%) 0.76% -0.266 pp 0.01% -0.003 pp USD31.50 +12.7% 17 qtrs
23 GILDER GAGNON HOWE & CO LLC 4.39M -195.2K (-4.3%) 155.91M -11.5M (-6.9%) 0.75% -0.036 pp 1.65% -0.060 pp USD37.20 -4.5% 18 qtrs
24 BNP PARIBAS ASSET MANAGEMENT HOLDING S.A. 4.37M +328.5K (+8.1%) 155.30M +7.6M (+5.2%) 0.75% +0.054 pp 0.18% -0.204 pp USD36.39 -2.4% 5 qtrs
25 HMI CAPITAL MANAGEMENT, L.P. 4.30M +961.1K (+28.8%) 152.82M +30.8M (+25.2%) 0.74% +0.163 pp 12.54% +5.498 pp USD30.96 +14.7% 18 qtrs
26 UBS GROUP AG 4.21M -284.3K (-6.3%) 149.51M -14.6M (-8.9%) 0.72% -0.052 pp 0.02% -0.002 pp USD31.27 +13.6% 18 qtrs
27 1832 ASSET MANAGEMENT L.P. 4.06M +4.1M (+100.0%) 144.32M +144.3M (+100.0%) 0.70% +0.698 pp 0.11% +0.110 pp USD35.51 +0.0% 14 qtrs
28 BALYASNY ASSET MANAGEMENT L.P. 4.03M +4.0M (+41,115.5%) 143.17M +142.8M (+39,986.6%) 0.69% +0.691 pp 0.18% +0.181 pp USD35.50 +0.0% 8 qtrs
29 NIKKO ASSET MANAGEMENT AMERICAS, INC. 3.80M -477.2K (-11.2%) 134.99M -21.1M (-13.5%) 0.65% -0.088 pp 1.56% +0.047 pp USD21.57 +64.6% 17 qtrs
30 QUBE RESEARCH & TECHNOLOGIES LTD 3.66M -2.9M (-43.8%) 130.08M -107.9M (-45.4%) 0.63% -0.495 pp 0.13% -0.114 pp USD40.57 -12.5% 6 qtrs
31 RENAISSANCE TECHNOLOGIES LLC 3.45M +993.1K (+40.4%) 122.65M +32.8M (+36.5%) 0.59% +0.169 pp 0.19% +0.072 pp USD37.18 -4.5% 17 qtrs
32 PRICE T ROWE ASSOCIATES INC /MD/ 3.41M -1.8M (-34.6%) 121.23M -69.4M (-36.4%) 0.59% -0.314 pp 0.01% -0.007 pp USD27.66 +28.4% 18 qtrs
33 SUSQUEHANNA INTERNATIONAL GROUP, LLP 3.33M -508.8K (-13.2%) 118.40M -21.9M (-15.6%) 0.57% -0.090 pp 0.01% -0.002 pp USD26.87 +32.2% 18 qtrs
34 FEDERATED HERMES, INC. 3.27M -257.6K (-7.3%) 116.08M -12.7M (-9.8%) 0.56% -0.049 pp 0.19% -0.033 pp USD34.43 +3.1% 13 qtrs
35 NORTHERN TRUST CORP 3.24M +118.3K (+3.8%) 114.93M +1.1M (+1.0%) 0.56% +0.019 pp 0.01% +0.000 pp USD24.39 +45.6% 17 qtrs
36 WORLDQUANT MILLENNIUM ADVISORS LLC 2.94M -430.9K (-12.8%) 104.40M -18.7M (-15.2%) 0.51% -0.076 pp 0.41% -0.127 pp USD39.08 -9.1% 13 qtrs
37 CHAMPLAIN INVESTMENT PARTNERS, LLC 2.91M +469.0K (+19.2%) 103.18M +14.2M (+16.0%) 0.50% +0.079 pp 1.04% +0.374 pp USD21.38 +66.1% 14 qtrs
38 AMUNDI 2.67M +330.0K (+14.1%) 94.94M +8.3M (+9.6%) 0.46% +0.055 pp 0.03% -0.002 pp USD36.25 -2.0% 13 qtrs
39 EVENTIDE ASSET MANAGEMENT, LLC 2.49M +4.5K (+0.2%) 88.31M -2.3M (-2.6%) 0.43% -0.001 pp 1.38% -0.111 pp USD20.44 +73.7% 11 qtrs
40 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 2.48M +139.6K (+6.0%) 88.06M +2.6M (+3.1%) 0.43% +0.023 pp 0.01% +0.000 pp USD23.39 +51.8% 17 qtrs
41 DURABLE CAPITAL PARTNERS LP 2.30M -4.1M (-63.9%) 81.64M -150.6M (-64.8%) 0.40% -0.702 pp 0.77% -0.948 pp USD19.41 +82.9% 18 qtrs
42 MILLENNIUM MANAGEMENT LLC 2.26M +74.0K (+3.4%) 80.35M +438.6K (+0.5%) 0.39% +0.011 pp 0.03% 0.000 pp USD32.48 +9.3% 18 qtrs
43 WALLEYE TRADING LLC 2.04M +83.2K (+4.3%) 72.32M +1.0M (+1.4%) 0.35% +0.013 pp 0.10% -0.005 pp USD36.96 -3.9% 17 qtrs
44 ARK INVESTMENT MANAGEMENT LLC 1.97M -97.1K (-4.7%) 69.83M -5.5M (-7.3%) 0.34% -0.020 pp 0.46% +0.015 pp USD24.96 +42.3% 18 qtrs
45 GREENVALE CAPITAL LLP 1.90M +1.9M (+100.0%) 67.47M +67.5M (+100.0%) 0.33% +0.327 pp 6.14% +6.139 pp USD35.51 +0.0% 1 qtrs NEW
46 UBS ASSET MANAGEMENT AMERICAS INC 1.89M -5.4K (-0.3%) 67.10M -2.1M (-3.0%) 0.32% -0.004 pp 0.01% -0.001 pp USD28.08 +26.5% 14 qtrs
47 CITADEL ADVISORS LLC 1.87M +449.7K (+31.7%) 66.28M +14.6M (+28.1%) 0.32% +0.076 pp 0.01% +0.002 pp USD30.98 +14.6% 18 qtrs
48 GREENHOUSE FUNDS LLLP 1.86M +1.9M (+100.0%) 66.05M +66.1M (+100.0%) 0.32% +0.320 pp 2.39% +2.386 pp USD35.51 +0.0% 1 qtrs NEW
49 ZEVENBERGEN CAPITAL INVESTMENTS LLC 1.85M -262.3K (-12.4%) 65.87M -11.4M (-14.8%) 0.32% -0.048 pp 1.46% -0.038 pp USD21.88 +62.3% 11 qtrs
50 12 WEST CAPITAL MANAGEMENT LP 1.85M +65.0K (+3.6%) 65.62M +525.3K (+0.8%) 0.32% +0.010 pp 7.81% +1.063 pp USD21.33 +66.5% 17 qtrs
51 BNP PARIBAS ARBITRAGE, SNC 1.82M +276.6K (+17.9%) 64.79M +8.3M (+14.6%) 0.31% +0.047 pp 0.03% -0.001 pp USD36.34 -2.3% 5 qtrs
52 STEPHENS INVESTMENT MANAGEMENT GROUP LLC 1.75M +8.2K (+0.5%) 62.12M -1.4M (-2.3%) 0.30% -0.001 pp 0.81% -0.015 pp USD24.65 +44.1% 18 qtrs
53 BLAIR WILLIAM & CO/IL 1.66M +42.4K (+2.6%) 58.89M -110.0K (-0.2%) 0.29% +0.006 pp 0.16% +0.001 pp USD23.94 +48.3% 17 qtrs
54 VONTOBEL HOLDING LTD. 1.57M +465.9K (+42.3%) 55.62M +15.4M (+38.4%) 0.27% +0.078 pp 0.18% +0.054 pp USD36.14 -1.7% 7 qtrs
55 AMERICAN CENTURY COMPANIES INC 1.54M +51.1K (+3.4%) 54.57M +328.9K (+0.6%) 0.26% +0.008 pp 0.03% 0.000 pp USD37.90 -6.3% 13 qtrs
56 BANK OF NEW YORK MELLON CORP 1.51M -49.2K (-3.2%) 53.48M -3.3M (-5.8%) 0.26% -0.011 pp 0.01% -0.002 pp USD18.79 +89.0% 17 qtrs
57 DIMENSIONAL FUND ADVISORS LP 1.46M +133.6K (+10.1%) 51.89M +3.4M (+7.1%) 0.25% +0.021 pp 0.01% +0.001 pp USD22.68 +56.6% 13 qtrs
58 NUVEEN, LLC 1.41M +148.9K (+11.8%) 50.14M +4.0M (+8.7%) 0.24% +0.025 pp 0.01% +0.001 pp USD33.42 +6.3% 4 qtrs
59 CAPITAL IMPACT ADVISORS, LLC 1.41M +1.2M (+492.4%) 50.06M +41.4M (+476.2%) 0.24% +0.201 pp 3.92% +1.974 pp USD35.18 +0.9% 4 qtrs
60 FIERA CAPITAL CORP 1.35M +335.5K (+33.1%) 47.90M +10.9M (+29.5%) 0.23% +0.056 pp 0.15% +0.032 pp USD42.11 -15.7% 3 qtrs
61 D. E. SHAW & CO., INC. 1.33M +93.3K (+7.6%) 47.16M +2.1M (+4.6%) 0.23% +0.015 pp 0.03% +0.000 pp USD40.92 -13.2% 5 qtrs
62 NORDEA INVESTMENT MANAGEMENT AB 1.31M +1.2M (+843.0%) 46.89M +41.9M (+840.1%) 0.22% +0.200 pp 0.04% +0.036 pp USD35.34 +0.5% 13 qtrs
63 NZS CAPITAL, LLC 1.30M +10.2K (+0.8%) 46.04M -922.9K (-2.0%) 0.22% 0.000 pp 1.41% -0.026 pp USD21.66 +63.9% 14 qtrs
64 WESTFIELD CAPITAL MANAGEMENT CO LP 1.27M +234.0K (+22.6%) 45.04M +7.3M (+19.3%) 0.22% +0.039 pp 0.19% +0.029 pp USD41.37 -14.2% 4 qtrs
65 SWISS NATIONAL BANK 1.26M -34.2K (-2.6%) 44.66M -2.5M (-5.3%) 0.22% -0.008 pp 0.03% -0.001 pp USD23.67 +50.0% 13 qtrs
66 BANK OF NOVA SCOTIA 1.25M +1.2M (+18,198.4%) 44.28M +44.0M (+17,697.2%) 0.21% +0.213 pp 0.07% +0.065 pp USD35.55 -0.1% 9 qtrs
67 CITIGROUP INC 1.23M +191.8K (+18.4%) 43.82M +5.8M (+15.2%) 0.21% +0.032 pp 0.02% +0.002 pp USD34.57 +2.7% 16 qtrs
68 TWO SIGMA INVESTMENTS, LP 1.23M -682.9K (-35.6%) 43.79M -26.2M (-37.4%) 0.21% -0.119 pp 0.06% -0.042 pp USD41.05 -13.5% 11 qtrs
69 FIRST TRUST ADVISORS LP 1.22M -420.7K (-25.6%) 43.31M -16.6M (-27.7%) 0.21% -0.073 pp 0.03% -0.013 pp USD24.27 +46.3% 16 qtrs
70 WELLS FARGO & COMPANY/MN 1.15M +131.4K (+12.9%) 40.89M +3.6M (+9.8%) 0.20% +0.022 pp 0.01% +0.000 pp USD34.39 +3.3% 18 qtrs
71 ALKEON CAPITAL MANAGEMENT LLC 1.15M +250.0K (+27.8%) 40.84M +8.0M (+24.3%) 0.20% +0.042 pp 0.06% +0.016 pp USD33.70 +5.4% 8 qtrs
72 DELTA GLOBAL MANAGEMENT LP 1.14M +96.1K (+9.2%) 40.55M +2.4M (+6.2%) 0.20% +0.016 pp 1.85% -0.951 pp USD41.91 -15.3% 4 qtrs
73 BRIDGEWATER ASSOCIATES, LP 1.13M +737.7K (+189.5%) 40.02M +25.8M (+181.5%) 0.19% +0.127 pp 0.15% +0.090 pp USD35.15 +1.0% 7 qtrs
74 EMPLOYEES RETIREMENT SYSTEM OF TEXAS 1.11M +1.1M (+23,078.2%) 39.57M +39.4M (+22,384.7%) 0.19% +0.190 pp 0.32% +0.321 pp USD35.54 -0.1% 3 qtrs
75 KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 1.10M +256.5K (+30.3%) 39.19M +8.3M (+26.7%) 0.19% +0.044 pp 0.11% +0.030 pp USD23.29 +52.5% 13 qtrs
76 FREESTONE GROVE PARTNERS LP 1.10M +1.1M (+100.0%) 39.15M +39.2M (+100.0%) 0.19% +0.190 pp 0.28% +0.283 pp USD35.51 +0.0% 1 qtrs NEW
77 DEUTSCHE BANK AG\ 1.10M +326.0 (+0.0%) 39.03M -1.1M (-2.7%) 0.19% -0.002 pp 0.01% -0.001 pp USD27.59 +28.7% 15 qtrs
78 MACKENZIE FINANCIAL CORP 1.06M +483.8K (+83.8%) 38.42M +17.4M (+82.4%) 0.18% +0.083 pp 0.05% +0.020 pp USD35.14 +1.1% 6 qtrs
79 GRANAHAN INVESTMENT MANAGEMENT, LLC 1.04M -200.5K (-16.2%) 36.83M -8.4M (-18.5%) 0.18% -0.035 pp 1.58% -0.273 pp USD17.98 +97.5% 15 qtrs
80 LEGAL & GENERAL GROUP PLC 1.03M -46.8K (-4.3%) 36.65M -2.7M (-7.0%) 0.18% -0.010 pp 0.01% -0.001 pp USD24.87 +42.8% 15 qtrs
81 CAISSE DE DEPOT ET PLACEMENT DU QUEBEC 1.02M -213.5K (-17.3%) 36.33M -8.8M (-19.5%) 0.18% -0.037 pp 0.06% -0.020 pp USD36.41 -2.5% 10 qtrs
82 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 985.7K +937.0K (+1,925.3%) 35.00M +33.2M (+1,869.9%) 0.17% +0.160 pp 0.02% +0.021 pp USD35.10 +1.2% 14 qtrs
83 FRANKLIN RESOURCES INC 983.4K -1.3M (-57.4%) 34.92M -49.3M (-58.5%) 0.17% -0.230 pp 0.01% -0.012 pp USD34.89 +1.8% 5 qtrs
84 ROBECO INSTITUTIONAL ASSET MANAGEMENT B.V. 972.2K +57.5K (+6.3%) 34.52M +1.1M (+3.4%) 0.17% +0.009 pp 0.05% +0.001 pp USD36.58 -2.9% 10 qtrs
85 TREXQUANT INVESTMENT LP 969.2K +145.2K (+17.6%) 34.42M +4.3M (+14.4%) 0.17% +0.025 pp 0.31% -0.003 pp USD29.68 +19.6% 16 qtrs
86 MANE GLOBAL CAPITAL MANAGEMENT LP 934.5K +927.5K (+13,174.7%) 33.19M +32.9M (+12,811.1%) 0.16% +0.159 pp 1.78% +1.771 pp USD35.49 +0.1% 6 qtrs
87 COMMERCE BANK 849.9K -150.5K (-15.0%) 30.18M -6.3M (-17.4%) 0.15% -0.027 pp 0.17% -0.037 pp USD36.11 -1.7% 5 qtrs
88 CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM 848.9K -38.9K (-4.4%) 30.15M -2.3M (-7.0%) 0.15% -0.008 pp 0.02% -0.002 pp USD23.88 +48.7% 14 qtrs
89 AUSTRALIANSUPER PTY LTD 846.5K -253.7K (-23.1%) 30.06M -10.1M (-25.2%) 0.14% -0.045 pp 0.14% -0.045 pp USD43.59 -18.5% 3 qtrs
90 SCHONFELD STRATEGIC ADVISORS LLC 809.3K +809.3K (+100.0%) 28.74M +28.7M (+100.0%) 0.14% +0.139 pp 0.13% +0.127 pp USD35.51 +0.0% 5 qtrs
91 RAYMOND JAMES FINANCIAL INC 807.3K +61.8K (+8.3%) 28.67M +1.4M (+5.3%) 0.14% +0.010 pp 0.01% +0.000 pp USD39.58 -10.3% 5 qtrs
92 JUMP FINANCIAL, LLC 798.6K +327.3K (+69.4%) 28.36M +11.1M (+64.8%) 0.14% +0.056 pp 0.35% +0.143 pp USD36.10 -1.6% 14 qtrs
93 SEI INVESTMENTS CO 779.1K -379.0K (-32.7%) 27.67M -14.6M (-34.6%) 0.13% -0.066 pp 0.03% -0.018 pp USD28.05 +26.6% 14 qtrs
Ownership breakdown by holder

Insider Activity

Insider Activity — Latest Quarter
Ratio by transactions
0.75
Neutral
Ratio by volume
0.68
Neutral
Buys
15
Sells
20
Shares acquired
83.3K
Shares disposed
123.1K
Cash buys
Cash sales
5.00
Net activity
-39,783
Insider buys vs sells (history) From To
Recent insider transactions From To
Date Person Role Transaction A/D Security Shares Price Value Owned after D/I Filing
2026-04-02 Vassil Jonathan Officer S-Sale D Class A Common Stock 6,438 26.19 168.6K 146,618 D
2026-04-02 Narang Aman Director / Officer S-Sale D Class A Common Stock 13,463 26.19 352.6K 54,013 D
2026-04-02 Gomez Elena Officer S-Sale D Class A Common Stock 8,929 26.19 233.8K 173,064 D
2026-04-02 Fredette Stephen Director / Officer S-Sale D Class A Common Stock 7,289 26.19 190.9K 920,985 D
2026-04-02 Elworthy Brian R Officer S-Sale D Class A Common Stock 3,664 26.19 95.9K 243,642 D
2026-04-01 Vassil Jonathan Officer M-Exempt A Class A Common Stock 3,429 0.00 153,056 D
2026-04-01 Narang Aman Director / Officer M-Exempt D Restricted Stock Units 8,575 0.00 102,892 D
2026-04-01 Gomez Elena Officer M-Exempt A Class A Common Stock 4,716 0.00 181,993 D
2026-04-01 Fredette Stephen Director / Officer M-Exempt D Restricted Stock Units 5,698 0.00 22,790 D
2026-04-01 Elworthy Brian R Officer M-Exempt A Class A Common Stock 2,573 0.00 247,306 D
2026-03-13 Narang Aman Director / Officer G-Gift D Class A Common Stock 200,000 0.00 140,723 D
2026-03-12 Chapman-Hughes Susan Director S-Sale D Class A Common Stock 8,500 28.97 246.2K 14,530 D
2026-03-11 Narang Aman Director / Officer C-Conversion A Class A Common Stock 300,000 0.00 640,723 D
2026-03-10 Vassil Jonathan Officer A-Award A Restricted Stock Units 17,613 0.00 17,613 D
2026-03-10 Niola Rossana Officer A-Award A Restricted Stock Units 52,839 0.00 52,839 D
2026-03-10 Narang Aman Director / Officer A-Award A Stock Option (Right to Buy) 261,600 28.90 7.56M 261,600 D
2026-03-10 Gomez Elena Officer A-Award A Restricted Stock Units 101,275 0.00 101,275 D
2026-03-10 Fredette Stephen Director / Officer A-Award A Restricted Stock Units 70,452 0.00 70,452 D
2026-03-10 Elworthy Brian R Officer A-Award A Restricted Stock Units 57,242 0.00 57,242 D
2026-03-02 Niola Rossana Officer 0 0.00 0
2026-02-03 Vassil Jonathan Officer S-Sale D Class A Common Stock 1,454 30.35 44.1K 139,893 D
2026-02-03 Narang Aman Director / Officer S-Sale D Class A Common Stock 1,648 30.35 50.0K 340,723 D
2026-02-03 Gomez Elena Officer S-Sale D Class A Common Stock 1,437 30.35 43.6K 164,629 D
2026-02-03 Fredette Stephen Director / Officer S-Sale D Class A Common Stock 1,060 30.35 32.2K 913,067 D
2026-02-03 Elworthy Brian R Officer S-Sale D Class A Common Stock 648 30.35 19.7K 237,261 D
2026-02-01 Vassil Jonathan Officer M-Exempt D Restricted Stock Units 2,935 0.00 0 D
2026-02-01 Narang Aman Director / Officer M-Exempt D Restricted Stock Units 3,521 0.00 0 D
2026-02-01 Gomez Elena Officer M-Exempt D Restricted Stock Units 3,913 0.00 0 D
2026-02-01 Fredette Stephen Director / Officer M-Exempt D Restricted Stock Units 3,521 0.00 0 D
2026-02-01 Elworthy Brian R Officer M-Exempt A Class A Common Stock 2,152 0.00 237,909 D
2026-01-05 Vassil Jonathan Officer S-Sale D Class A Common Stock 4,787 34.38 164.6K 79,802 D
2026-01-05 Narang Aman Director / Officer S-Sale D Class A Common Stock 8,591 34.38 295.3K 338,850 D
2026-01-05 Gomez Elena Officer S-Sale D Class A Common Stock 6,672 34.38 229.4K 162,153 D
2026-01-05 Fredette Stephen Director / Officer S-Sale D Class A Common Stock 4,866 34.38 167.3K 910,606 D
2026-01-05 Elworthy Brian R Officer S-Sale D Class A Common Stock 3,303 34.38 113.5K 235,757 D
2026-01-02 Vassil Jonathan Officer M-Exempt A Class A Common Stock 66,390 2.21 146.7K 150,979 D
2026-01-01 Vassil Jonathan Officer M-Exempt A Class A Common Stock 3,430 0.00 84,589 D
2026-01-01 Narang Aman Director / Officer M-Exempt A Class A Common Stock 8,574 0.00 347,441 D
2026-01-01 Gomez Elena Officer M-Exempt A Class A Common Stock 4,716 0.00 168,825 D
2026-01-01 Fredette Stephen Director / Officer M-Exempt D Restricted Stock Units 5,652 0.00 50,862 D
2026-01-01 Elworthy Brian R Officer M-Exempt A Class A Common Stock 3,989 0.00 236,488 D
2025-11-04 Vassil Jonathan Officer S-Sale D Class A Common Stock 1,442 35.54 51.2K 71,424 D
2025-11-04 Narang Aman Director / Officer S-Sale D Class A Common Stock 1,732 35.54 61.6K 319,939 D
2025-11-04 Gomez Elena Officer S-Sale D Class A Common Stock 2,021 35.54 71.8K 151,463 D
2025-11-04 Fredette Stephen Director / Officer S-Sale D Class A Common Stock 1,732 35.54 61.6K 900,264 D
2025-11-04 Elworthy Brian R Officer S-Sale D Class A Common Stock 1,059 35.54 37.6K 229,017 D
2025-11-01 Vassil Jonathan Officer M-Exempt D Restricted Stock Units 2,934 0.00 2,935 D
2025-11-01 Narang Aman Director / Officer M-Exempt D Restricted Stock Units 3,521 0.00 3,521 D
2025-11-01 Gomez Elena Officer M-Exempt D Restricted Stock Units 3,912 0.00 3,913 D
2025-11-01 Fredette Stephen Director / Officer M-Exempt D Restricted Stock Units 3,521 0.00 3,521 D
2025-11-01 Elworthy Brian R Officer M-Exempt D Restricted Stock Units 2,152 0.00 2,152 D
2025-10-24 BHARADWAJ ANUTTHARA Director A-Award A Restricted Stock Units 10,699 0.00 10,699 D
2025-10-02 Vassil Jonathan Officer S-Sale D Class A Common Stock 6,530 35.56 232.2K 69,932 D
2025-10-02 Narang Aman Director / Officer S-Sale D Class A Common Stock 13,652 35.56 485.5K 318,150 D
2025-10-02 Gomez Elena Officer S-Sale D Class A Common Stock 9,054 35.56 322.0K 149,572 D
2025-10-02 Fredette Stephen Director / Officer S-Sale D Class A Common Stock 7,550 35.56 268.5K 898,475 D
2025-10-02 Elworthy Brian R Officer S-Sale D Class A Common Stock 4,987 35.56 177.4K 227,924 D
2025-10-01 Vassil Jonathan Officer M-Exempt A Class A Common Stock 4,986 0.00 73,032 D
2025-10-01 Narang Aman Director / Officer M-Exempt A Class A Common Stock 8,574 0.00 331,802 D
2025-10-01 Gomez Elena Officer M-Exempt A Class A Common Stock 6,331 0.00 147,594 D
2025-10-01 Fredette Stephen Director / Officer M-Exempt D Restricted Stock Units 5,651 0.00 56,514 D
2025-10-01 Elworthy Brian R Officer M-Exempt A Class A Common Stock 2,572 0.00 232,911 D
2025-08-21 BELL PAUL D Director S-Sale D Class A Common Stock 12,500 42.38 529.8K 226,892 D
2025-08-18 Narang Aman Director / Officer J-Other A Variable Prepaid Forward (obligation to sell) 500,000 0.00 500,000 D
2025-08-04 Vassil Jonathan Officer S-Sale D Class A Common Stock 1,427 48.38 69.0K 63,298 D
2025-08-04 Narang Aman Director / Officer S-Sale D Class A Common Stock 1,719 48.38 83.2K 304,300 D
2025-08-04 Gomez Elena Officer S-Sale D Class A Common Stock 2,006 48.38 97.0K 141,263 D
2025-08-04 Fredette Stephen Director / Officer S-Sale D Class A Common Stock 1,720 48.38 83.2K 890,818 D
2025-08-04 Elworthy Brian R Officer S-Sale D Class A Common Stock 1,051 48.38 50.8K 222,868 D
2025-08-01 Vassil Jonathan Officer M-Exempt A Class A Common Stock 2,934 0.00 64,725 D
2025-08-01 Narang Aman Director / Officer M-Exempt D Restricted Stock Units 3,521 0.00 7,042 D
2025-08-01 Gomez Elena Officer M-Exempt A Class A Common Stock 3,912 0.00 143,269 D
2025-08-01 Fredette Stephen Director / Officer M-Exempt D Restricted Stock Units 3,521 0.00 7,042 D
2025-08-01 Elworthy Brian R Officer M-Exempt D Restricted Stock Units 2,152 0.00 4,304 D
2025-07-02 Vassil Jonathan Officer S-Sale D Class A Common Stock 6,592 42.59 280.8K 61,791 D
2025-07-02 Narang Aman Director / Officer S-Sale D Class A Common Stock 13,829 42.59 589.0K 302,498 D
2025-07-02 Gomez Elena Officer S-Sale D Class A Common Stock 21,607 42.47 917.6K 151,920 D
2025-07-02 Fredette Stephen Director / Officer S-Sale D Class A Common Stock 7,647 42.59 325.7K 889,017 D
2025-07-02 Elworthy Brian R Officer S-Sale D Class A Common Stock 5,681 42.59 242.0K 221,767 D
2025-07-01 Vassil Jonathan Officer M-Exempt A Class A Common Stock 3,429 0.00 68,383 D
2025-07-01 Narang Aman Director / Officer M-Exempt D Restricted Stock Units 6,330 0.00 44,314 D
2025-07-01 Gomez Elena Officer M-Exempt D Restricted Stock Units 4,715 0.00 70,739 D
2025-07-01 Fredette Stephen Director / Officer M-Exempt A Class A Common Stock 5,651 0.00 892,806 D
2025-07-01 Elworthy Brian R Officer M-Exempt D Restricted Stock Units 3,481 0.00 24,373 D
2025-06-13 PATRICK DEVAL L Director A-Award A Restricted Stock Units 5,256 0.00 5,256 D
2025-06-13 Koplow Hilarie A. Director A-Award A Restricted Stock Units 5,256 0.00 5,256 D
2025-06-13 Hawkins Mark J Director A-Award A Restricted Stock Units 5,256 0.00 5,256 D
2025-06-13 Chapman-Hughes Susan Director A-Award A Restricted Stock Units 5,256 0.00 5,256 D
2025-06-13 Bennett Richard Kent Director A-Award A Restricted Stock Units 5,256 0.00 5,256 I
2025-06-13 BELL PAUL D Director A-Award A Restricted Stock Units 5,256 0.00 5,256 D
2025-06-10 Bennett Richard Kent Director S-Sale D Class A Common Stock 9,712 43.14 419.0K 534,167 D
2025-06-06 Yuan David Director M-Exempt D Restricted Stock Units 9,712 0.00 0 D
2025-06-06 PATRICK DEVAL L Director M-Exempt D Restricted Stock Units 9,712 0.00 0 D
2025-06-06 Koplow Hilarie A. Director M-Exempt D Restricted Stock Units 9,712 0.00 0 D
2025-06-06 Hawkins Mark J Director M-Exempt A Class A Common Stock 9,712 0.00 96,604 D
2025-06-06 Comparato Christopher P Director M-Exempt A Deferred Stock Units 9,712 0.00 9,712 D
2025-06-06 Chapman-Hughes Susan Director M-Exempt D Restricted Stock Units 9,712 0.00 0 D
2025-06-06 Bennett Richard Kent Director S-Sale D Class A Common Stock 0 0.00 0 I
2025-06-06 BELL PAUL D Director M-Exempt D Restricted Stock Units 9,712 0.00 0 D
2025-06-02 Vassil Jonathan Officer M-Exempt D Stock Option (Right to Buy) 98,996 2.07 204.9K 0 D
2025-06-02 Elworthy Brian R Officer M-Exempt A Class A Common Stock 225,000 2.21 497.3K 516,156 D
2025-05-20 Bennett Richard Kent Director C-Conversion A Class A Common Stock 0 0.00 0 I
2025-05-15 BELL PAUL D Director S-Sale D Class A Common Stock 11,000 45.13 496.5K 229,680 D
2025-05-14 Comparato Christopher P Director M-Exempt D Stock Option (Right to Buy) 70,000 1.52 106.4K 425,000 D
2025-05-13 Fredette Stephen Director / Officer G-Gift D Class A Common Stock 65,314 0.00 881,458 D
2025-05-12 Fredette Stephen Director / Officer S-Sale D Class A Common Stock 118,360 42.52 5.03M 1,718,029 I
2025-05-09 Vassil Jonathan Officer S-Sale D Class A Common Stock 25,848 41.62 1.08M 58,523 D
2025-05-09 Fredette Stephen Director / Officer S-Sale D Class A Common Stock 35,270 40.72 1.44M 324,057 I
2025-05-02 Vassil Jonathan Officer S-Sale D Class A Common Stock 1,393 36.09 50.3K 55,220 D
2025-05-02 Narang Aman Director / Officer S-Sale D Class A Common Stock 1,680 36.09 60.6K 288,826 D
2025-05-02 Gomez Elena Officer S-Sale D Class A Common Stock 1,960 36.09 70.7K 156,166 D
2025-05-02 Fredette Stephen Director / Officer S-Sale D Class A Common Stock 1,666 36.09 60.1K 1,413,108 D
2025-05-02 Elworthy Brian R Officer S-Sale D Class A Common Stock 1,027 36.09 37.1K 216,156 D
2025-05-01 Vassil Jonathan Officer M-Exempt A Class A Common Stock 2,934 0.00 56,613 D
2025-05-01 Narang Aman Director / Officer M-Exempt D Restricted Stock Units 3,521 0.00 10,563 D
2025-05-01 Gomez Elena Officer M-Exempt D Restricted Stock Units 3,912 0.00 11,737 D
2025-05-01 Fredette Stephen Director / Officer M-Exempt D Restricted Stock Units 3,521 0.00 10,563 D
2025-05-01 Elworthy Brian R Officer M-Exempt D Restricted Stock Units 2,151 0.00 6,456 D
2025-05-01 Comparato Christopher P Director M-Exempt D Restricted Stock Units 7,824 0.00 23,474 D
2025-04-17 Comparato Christopher P Director S-Sale D Class A Common Stock 700 34.63 24.2K 179,316 D
2025-04-02 Vassil Jonathan Officer S-Sale D Class A Common Stock 4,443 35.00 155.5K 53,679 D
2025-04-02 Narang Aman Director / Officer S-Sale D Class A Common Stock 9,395 35.00 328.8K 286,985 D
2025-04-02 Gomez Elena Officer S-Sale D Class A Common Stock 17,371 35.00 608.0K 154,214 D
2025-04-02 Fredette Stephen Director / Officer S-Sale D Class A Common Stock 3,793 35.00 132.7K 1,411,253 D
2025-04-02 Elworthy Brian R Officer S-Sale D Class A Common Stock 2,895 35.00 101.3K 215,032 D
2025-04-01 Vassil Jonathan Officer M-Exempt A Class A Common Stock 4,748 0.00 53,136 D
2025-04-01 Narang Aman Director / Officer M-Exempt D Restricted Stock Units 6,331 0.00 50,644 D
2025-04-01 Gomez Elena Officer M-Exempt A Class A Common Stock 6,316 0.00 196,585 D
2025-04-01 Fredette Stephen Director / Officer M-Exempt A Class A Common Stock 5,652 0.00 1,415,046 D
2025-04-01 Elworthy Brian R Officer M-Exempt D Restricted Stock Units 3,482 0.00 27,854 D
2025-04-01 Comparato Christopher P Director M-Exempt A Class A Common Stock 11,395 0.00 179,316 D
2025-03-20 Fredette Stephen Director / Officer G-Gift D Class A Common Stock 45,585 0.00 1,402,132 D
2025-03-20 Comparato Christopher P Director M-Exempt A Class A Common Stock 70,000 1.52 106.4K 234,796 D
2025-03-19 Fredette Stephen Director / Officer S-Sale D Class A Common Stock 15,792 35.14 555.0K 359,327 I
2025-03-17 Fredette Stephen Director / Officer S-Sale D Class A Common Stock 18,394 35.03 644.4K 375,119 I
2025-03-17 Comparato Christopher P Director G-Gift D Class A Common Stock 40,000 0.00 164,796 D
2025-03-13 PATRICK DEVAL L Director S-Sale D Class A Common Stock 34,222 33.01 1.13M 13,260 D
2025-03-12 Fredette Stephen Director / Officer S-Sale D Class A Common Stock 400 35.00 14.0K 2,223,909 I
2025-03-10 Vassil Jonathan Officer A-Award A Restricted Stock Units 54,875 0.00 54,875 D
2025-03-10 Narang Aman Director / Officer A-Award A Restricted Stock Units 137,189 0.00 137,189 D
2025-03-10 Miller Gail A Officer A-Award A Restricted Stock Units 90,544 0.00 90,544 D
2025-03-10 Gomez Elena Officer A-Award A Restricted Stock Units 75,454 0.00 75,454 D
2025-03-10 Fredette Stephen Director / Officer A-Award A Restricted Stock Units 61,735 0.00 61,735 D
2025-03-10 Elworthy Brian R Officer A-Award A Stock Option (Right to Buy) 75,674 33.49 2.53M 75,674 D
2025-03-07 Fredette Stephen Director / Officer S-Sale D Class A Common Stock 12,166 33.80 411.2K 402,769 I
2025-03-04 Vassil Jonathan Officer G-Gift D Class A Common Stock 100 0.00 48,388 D
2025-03-03 Miller Gail A Officer 0 0.00 0
2025-02-04 Vassil Jonathan Officer S-Sale D Class A Common Stock 1,006 39.63 39.9K 48,488 D
2025-02-04 Narang Aman Director / Officer S-Sale D Class A Common Stock 1,068 39.63 42.3K 275,886 D
2025-02-04 Gomez Elena Officer S-Sale D Class A Common Stock 2,052 39.63 81.3K 160,498 D
2025-02-04 Fredette Stephen Director / Officer S-Sale D Class A Common Stock 1,068 39.63 42.3K 1,644,656 D
2025-02-04 Elworthy Brian R Officer S-Sale D Class A Common Stock 653 39.63 25.9K 209,206 D
2025-02-01 Vassil Jonathan Officer M-Exempt D Restricted Stock Units 2,934 0.00 11,737 D
2025-02-01 Narang Aman Director / Officer M-Exempt A Class A Common Stock 3,521 0.00 276,954 D
2025-02-01 Gomez Elena Officer M-Exempt A Class A Common Stock 3,913 0.00 162,550 D
2025-02-01 Fredette Stephen Director / Officer M-Exempt A Class A Common Stock 3,521 0.00 1,645,724 D
2025-02-01 Elworthy Brian R Officer M-Exempt A Class A Common Stock 2,152 0.00 209,859 D
2025-02-01 Comparato Christopher P Director M-Exempt D Restricted Stock Units 7,825 0.00 31,298 D
2025-01-09 PATRICK DEVAL L Director S-Sale D Class A Common Stock 1,667 36.95 61.6K 45,815 D
2025-01-03 Vassil Jonathan Officer S-Sale D Class A Common Stock 3,009 37.11 111.7K 46,560 D
2025-01-03 Narang Aman Director / Officer S-Sale D Class A Common Stock 6,133 37.11 227.6K 273,433 D
2025-01-03 Gomez Elena Officer S-Sale D Class A Common Stock 14,143 37.11 524.8K 158,637 D
2025-01-03 Fredette Stephen Director / Officer S-Sale D Class A Common Stock 3,968 37.11 147.2K 1,642,203 D
2025-01-03 Elworthy Brian R Officer S-Sale D Class A Common Stock 2,741 37.11 101.7K 207,707 D
2025-01-02 Gomez Elena Officer S-Sale D Class A Common Stock 22,916 36.25 830.7K 172,780 D
2025-01-01 Vassil Jonathan Officer M-Exempt D Restricted Stock Units 4,987 0.00 64,824 D
2025-01-01 Narang Aman Director / Officer M-Exempt D Restricted Stock Units 12,597 0.00 163,766 D
2025-01-01 Gomez Elena Officer M-Exempt A Class A Common Stock 6,330 0.00 189,380 D
2025-01-01 Fredette Stephen Director / Officer M-Exempt A Class A Common Stock 5,651 0.00 1,646,171 D
2025-01-01 Elworthy Brian R Officer M-Exempt A Class A Common Stock 1,250 0.00 202,977 D
2025-01-01 Comparato Christopher P Director M-Exempt A Class A Common Stock 11,395 0.00 196,971 D
2024-12-31 Elworthy Brian R Officer M-Exempt A Class A Common Stock 22,745 2.21 50.3K 201,727 D
2024-12-19 Comparato Christopher P Director M-Exempt D Stock Option (Right to Buy) 145,000 1.52 220.4K 0 D
2024-12-13 Narang Aman Director / Officer S-Sale D Class A Common Stock 533,700 38.24 20.41M 186,300 I
2024-12-10 Comparato Christopher P Director G-Gift D Class B Common Stock 270,000 0.00 6,146,890 I
2024-11-30 Koplow Hilarie A. Director M-Exempt D Restricted Stock Units 3,432 0.00 0 D
2024-11-26 Yuan David Director S-Sale D Class A Common Stock 197,629 43.65 8.63M 1,200 I
2024-11-25 Yuan David Director S-Sale D Class A Common Stock 189,785 43.01 8.16M 198,829 I
2024-11-21 Comparato Christopher P Director M-Exempt D Stock Option (Right to Buy) 135,000 1.52 205.2K 145,000 D
2024-11-21 Bennett Richard Kent Director S-Sale D Class A Common Stock 0 0.00 0 I
2024-11-20 Chapman-Hughes Susan Director S-Sale D Class A Common Stock 15,285 42.11 643.7K 30,530 D
2024-11-20 Bennett Richard Kent Director C-Conversion A Class A Common Stock 0 0.00 0 I
2024-11-19 Bennett Richard Kent Director S-Sale D Class A Common Stock 0 0.00 0 I
2024-11-15 Bennett Richard Kent Director C-Conversion D Class B Common Stock 0 0.00 0 I
2024-11-13 Bennett Richard Kent Director S-Sale D Class A Common Stock 0 0.00 0 I
2024-11-12 Narang Aman Director / Officer G-Gift A Class A Common Stock 710,891 0.00 720,000 I
2024-11-12 Fredette Stephen Director / Officer G-Gift D Class A Common Stock 110,604 0.00 66,896 I
2024-11-12 Bennett Richard Kent Director S-Sale D Class A Common Stock 100,000 36.67 3.67M 418,591 D
2024-11-11 Bennett Richard Kent Director C-Conversion A Class A Common Stock 0 0.00 0 I
2024-11-08 Vassil Jonathan Officer S-Sale D Class A Common Stock 22,716 37.25 846.1K 39,834 D
2024-11-04 Vassil Jonathan Officer S-Sale D Class A Common Stock 1,367 31.08 42.5K 39,834 D
2024-11-04 Narang Aman Director / Officer S-Sale D Class A Common Stock 1,646 31.08 51.2K 969,970 D
2024-11-04 Gomez Elena Officer S-Sale D Class A Common Stock 1,917 31.08 59.6K 159,615 D
2024-11-04 Fredette Stephen Director / Officer S-Sale D Class A Common Stock 1,646 31.08 51.2K 1,633,262 D
2024-11-04 Elworthy Brian R Officer S-Sale D Class A Common Stock 1,006 31.08 31.3K 178,982 D
2024-11-01 Vassil Jonathan Officer M-Exempt D Restricted Stock Units 2,935 0.00 14,671 D
2024-11-01 Narang Aman Director / Officer M-Exempt A Class A Common Stock 3,521 0.00 971,616 D
2024-11-01 Gomez Elena Officer M-Exempt D Restricted Stock Units 3,912 0.00 19,562 D
2024-11-01 Fredette Stephen Director / Officer M-Exempt A Class A Common Stock 3,521 0.00 1,634,908 D
2024-11-01 Elworthy Brian R Officer M-Exempt D Restricted Stock Units 2,152 0.00 10,759 D

Executive team

Top executives
EBIT / Employee
53.5K
Shares Outstanding
579.70M

Executive compensation

Executive compensation (annual)
# Year Executive Salary Bonus Stock award Option award Incentive Other Total % Stock-
based
Filing
1 2025 Aman Narang CEO, Co-Founder 475.3K 4.59M 5.00M 612.2K 10.68M 89.82%
2 2025 Elena Gomez CFO, President 464.7K 2.53M 2.75M 448.9K 10.5K 6.20M 85.10%
3 2025 Stephen Fredette Co-Founder, President 344.0K 2.07M 2.25M 236.9K 4.90M 88.14%
4 2025 Jonathan Vassil Chief Revenue Officer 403.7K 1.84M 2.00M 542.6K 10.5K 4.79M 80.04%
5 2025 Brian Elworthy General Counsel 403.7K 1.38M 1.50M 318.8K 12.2K 3.61M 79.67%
6 2024 Aman Narang CEO, Co-Founder 400.0K 4.97M 5.40M 505.9K 11.27M 91.96%
7 2024 Elena Gomez President, CFO 450.3K 2.49M 2.71M 413.4K 10.4K 6.07M 85.61%
8 2024 Jonathan Vassil Chief Revenue Officer 391.2K 1.97M 2.14M 521.4K 10.1K 5.03M 81.64%
9 2024 Stephen Fredette President, Co-Founder 20.0K 2.23M 2.42M 4.67M 99.57%
10 2024 Brian Elworthy General Counsel, Corporate Secretary 391.2K 1.57M 1.71M 306.5K 9.9K 3.99M 82.27%
11 2023 Christopher P. Comparato CEO 20.0K 3.16M 5.40M 11.2K 8.59M 99.64%
12 2023 Elena Gomez CFO 432.8K 1.76M 3.00M 239.1K 19.0K 5.45M 87.31%
13 2023 Aman Narang Founder, COO, Co-President 20.0K 1.76M 3.00M 4.77M 99.58%
14 2023 Stephen Fredette Founder, Co-President 20.0K 1.58M 2.70M 4.30M 99.53%
15 2023 Brian Elworthy General Counsel 376.0K 965.4K 1.65M 139.3K 11.3K 3.14M 83.24%
16 2022 Christopher P. Comparato CEO 20.0K 2.18M 6.00M 10.0K 8.21M 99.63%
17 2022 Elena Gomez CFO 414.3K 1.09M 3.00M 335.2K 4.5K 4.84M 84.43%
18 2022 Aman Narang Founder, COO 20.0K 979.1K 2.70M 10.0K 3.71M 99.19%
19 2022 Stephen Fredette Founder, President 20.0K 979.1K 2.70M 10.0K 3.71M 99.19%
20 2022 Jonathan Grimm Founder, CTO, Toast.org 20.0K 979.1K 2.70M 10.0K 3.71M 99.19%
21 2022 Brian Elworthy General Counsel 359.6K 598.3K 1.65M 160.5K 9.1K 2.78M 80.95%
22 2021 Elena Gomez Chief Financial Officer 246.2K 150.0K 5.72M 17.18M 99.6K 3.1K 23.40M 97.87%
23 2021 Christopher P. Comparato Chief Executive Officer 196.9K 763.0K 1.37M 144.6K 8.2K 2.48M 85.92%
24 2021 Brian Elworthy General Counsel 319.2K 418.8K 749.6K 107.0K 8.3K 1.60M 72.89%
25 2021 Aman Narang Founder, Chief Operating Officer 196.9K 381.5K 685.8K 117.3K 1.38M 77.26%
26 2021 Stephen Fredette Founder, President 196.9K 381.5K 685.8K 108.4K 3.8K 1.38M 77.54%
27 2021 Jennifer DiRico SVP, Finance Interim Head of Finance 333.2K 104.2K 8.4K 445.9K 0.00%
CEO compensation breakdown

Proxy statements

Proxy statements (DEF 14A)
Filing date Form type Filing
2026-04-23 DEFA14A
2026-04-23 DEF 14A

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2026-05-07 8-K
2026-04-27 SC 13G/A
2026-04-23 DEFA14A
2026-04-23 DEF 14A
2026-04-23 ARS
2026-04-23 4
2026-04-03 4
2026-04-03 4
2026-04-03 4
2026-04-03 4

Executive team

NameTitleCompensationGender
Aman Narang Co-Founder, Chief Executive Officer & Director 1M male
Jonathan Vassil Chief Revenue Officer 956.8K male
Elena Gomez President & Chief Financial Officer 924.1K female
Brian R. Elworthy General Counsel & Corporate Secretary 734.7K male
Stephen Fredette President, Co-Founder & Director 580.9K male
Kelly Esten Chief Marketing Officer female
Lou Orfanos Senior Vice President & GM of Commerce male
Michael Senno Senior Vice President of Finance & Strategy, Treasury and Investor Relations male
Michel Rbeiz Senior Vice President & GM of FinTech male
Mike Gutner Chief People Officer male
Peter Sauerborn Chief Operating Officer male
Rossana Niola Chief Accounting Officer female
ESG Rating
B
SOFTWARE - INFRASTRUCTURE
2026
E (Environmental)
68.7 / 65.1
Company / Sector avg.
S (Social)
52.3 / 63.5
Company / Sector avg.
G (Governance)
68.4 / 65.6
Company / Sector avg.
ESG Total
63.1 / 64.7
Company / Sector avg.
ESG Score History SOFTWARE - INFRASTRUCTURE
Benchmark vs Sector
Political Trading Activity (25M)
Senate Trading Activity
Transaction Date Disclosed Senator State Owner Type Amount Link
2026-04-13 2026-05-01 Mark Warner VA Joint Purchase $1,001 - $15,000
House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend history

Earnings history

Earnings reports

Stock splits