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During the third quarter, Riverbridge Partners LLC purchased 1,315,914 shares of Toast, Inc stock, totaling about $24.6 million. Several other hedge funds also made changes to their positions in the company. Toast, Inc. operates a cloud-based digital technology platform for the restaurant industry in the United States and Ireland, and its stock opened at $18.14 on Friday. The company’s shares had a 1 year low of $13.77 and a 1 year high of $27.00. During its latest earnings report, Toast reported a revenue of $1.03 billion for the quarter. Several ratings from equities analysts have been issued for the company, including “buy,” “neutral,” and “underweight.” Major shareholder Bessemer Venture Partners Ix L has recently sold a significant amount of Toast stock. Insiders have sold 543,755 shares of company stock worth $9,234,256 in the last ninety days.



Original: Riverbridge Partners LLC Acquires Shares of 1,315,914 Toast, Inc. (NYSE:TOST)