Cathie Wood’s ARK Invest sold 406,020 shares of Toast, Inc. (NYSE: TOST) on October 14, 2026. The shares came from its ARKW and ARKF exchange-traded funds and were worth approximately $12.5 million.
The sale continues ARK’s recent reduction of its Toast holdings. A sale of this size by a prominent investor may affect market perceptions and add selling pressure to the stock.
Toast provides restaurants with tools for point-of-sale, online ordering and payment processing.