We recently published a list of 10 Stocks Insiders Sold in April After Trump’s Tariff Rollout. In this article, we are going to take a look at where Toast, Inc. (NYSE:TOST) stands against other stocks that insiders sold in April after Trump’s tariff rollout.
Last week, President Donald Trump signed an executive order imposing a minimum 10% tariff on all U.S. imports, with certain exceptions. A 104% tariff on Chinese imports took effect, and Beijing said Wednesday it would raise levies on U.S. imports to 84% from 34%.
Treasury Secretary Scott Bessent told bankers that the economy is “in pretty good shape” while somewhat earlier JPMorgan chief Jamie Dimon expressed a more pessimistic view, warning that a recession could be on the horizon, according to the Wall Street Journal.
The Bank of England warned that US tariff announcements contribute to a “material increase in risks to global growth” and inflation levels, reports The Guardian.
Then, in an unexpected turn of events, the President announced Wednesday a complete three-month pause on all the “reciprocal” tariffs that went into effect with the exception of China.
Some insiders used this time in April to buy the dip while others thought it was time to sell some of their holdings. At times like these, it is worth analyzing insider trading activity. When executives buy stock, it can suggest confidence in the company’s future. On the other hand, insider sales don’t have to be a negative sign for the company, because they can reflect personal decisions or investment diversification. This means that insider trading should be considered alongside the company’s financial health and broader market conditions.
Our Methodology
Today, we’re focusing on stocks that insiders have been heavily selling in April. Using Insider Monkey’s insider trading screener, we identified companies where at least five insiders sold shares from April 2 to April 8. From this list, we ranked the top 10 stocks with the highest value of insider sales.
Our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds, focusing on insider trading and stock picks from hedge fund investor newsletters and conferences. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
An aerial shot of a computer server station, highlighting the company’s focus on cloud-based technology.
Toast, Inc. (NYSE:TOST)
Toast, Inc. (NYSE:TOST) 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 (NYSE:TOST) 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 (NYSE:TOST) is also one of the top 10 stocks to buy according to 12 West Capital Management.
Overall, TOST ranks 2nd on our list of stocks that insiders sold in April after Trump’s tariff rollout. While we acknowledge the potential of TOST, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than TOST but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
