Voss Capital, Lp Buys 175,000 Shares of PAR Technology (NYSE:PAR) Stock

PAR Technology Corporation (NYSE:PAR) major shareholder Voss Capital, Lp bought 175,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 27th. The stock was bought at an average price of $29.12 per share, for a total transaction of $5,096,000.00. Following the acquisition, the insider directly owned 3,890,000 shares of the company’s stock, valued at $113,276,800. The trade was a 4.71% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Voss Capital, Lp also recently made the following trade(s):

• On Wednesday, February 4th, Voss Capital, Lp purchased 65,100 shares of PAR Technology stock. The shares were purchased at an average cost of $22.44 per share, for a total transaction of $1,460,844.00.
• On Tuesday, February 3rd, Voss Capital, Lp purchased 182,862 shares of PAR Technology stock. The stock was purchased at an average price of $22.89 per share, for a total transaction of $4,185,711.18.
• On Friday, January 30th, Voss Capital, Lp acquired 2,138 shares of PAR Technology stock. The stock was purchased at an average cost of $26.21 per share, with a total value of $56,036.98.
• On Friday, January 23rd, Voss Capital, Lp acquired 10,000 shares of PAR Technology stock. The shares were purchased at an average price of $31.71 per share, with a total value of $317,100.00.
• On Thursday, January 15th, Voss Capital, Lp acquired 50,068 shares of PAR Technology stock. The shares were purchased at an average price of $38.93 per share, with a total value of $1,949,147.24.
• On Wednesday, January 14th, Voss Capital, Lp bought 41,034 shares of PAR Technology stock. The stock was purchased at an average cost of $39.10 per share, for a total transaction of $1,604,429.40.
• On Tuesday, January 6th, Voss Capital, Lp bought 25,000 shares of PAR Technology stock. The stock was purchased at an average cost of $34.56 per share, for a total transaction of $864,000.00.
• On Monday, January 5th, Voss Capital, Lp purchased 8,898 shares of PAR Technology stock. The shares were purchased at an average price of $35.82 per share, with a total value of $318,726.36.
• On Wednesday, December 31st, Voss Capital, Lp purchased 15,348 shares of PAR Technology stock. The shares were acquired at an average cost of $36.60 per share, with a total value of $561,736.80.
• On Tuesday, December 30th, Voss Capital, Lp acquired 146,789 shares of PAR Technology stock. The stock was acquired at an average price of $36.51 per share, for a total transaction of $5,359,266.39.

PAR Technology Stock Performance

PAR opened at $19.17 on Friday. The company has a current ratio of 1.66, a quick ratio of 1.46 and a debt-to-equity ratio of 0.45. The company has a market cap of $788.85 million, a price-to-earnings ratio of -9.22 and a beta of 1.36. The company’s 50 day moving average is $27.76 and its 200 day moving average is $35.42. PAR Technology Corporation has a 12-month low of $15.44 and a 12-month high of $72.15.

PAR Technology (NYSE:PAR) last announced its earnings results on Thursday, February 26th. The software maker reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.10) by $0.16. PAR Technology had a negative net margin of 18.54% and a negative return on equity of 2.32%. The company had revenue of $120.10 million during the quarter, compared to analyst estimates of $116.39 million. The firm’s revenue for the quarter was up 14.4% compared to the same quarter last year. On average, equities research analysts predict that PAR Technology Corporation will post -1.47 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on PAR. The Goldman Sachs Group decreased their target price on PAR Technology from $40.00 to $18.00 and set a “neutral” rating on the stock in a report on Tuesday. Stephens cut their price target on PAR Technology from $60.00 to $45.00 and set an “overweight” rating for the company in a report on Friday, February 27th. BTIG Research reduced their price target on PAR Technology from $60.00 to $45.00 and set a “buy” rating for the company in a research report on Friday, February 27th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of PAR Technology in a research note on Monday, December 29th. Finally, Benchmark lowered their price objective on PAR Technology from $77.00 to $42.00 and set a “buy” rating on the stock in a research report on Thursday. Five equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $36.00.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in PAR. FNY Investment Advisers LLC purchased a new stake in PAR Technology during the 3rd quarter valued at approximately $26,000. Aster Capital Management DIFC Ltd purchased a new position in shares of PAR Technology in the third quarter worth $28,000. Huntington National Bank boosted its position in shares of PAR Technology by 66.2% during the second quarter. Huntington National Bank now owns 437 shares of the software maker’s stock worth $30,000 after acquiring an additional 174 shares during the last quarter. State of Wyoming bought a new position in shares of PAR Technology during the fourth quarter worth $34,000. Finally, Kestra Advisory Services LLC purchased a new position in PAR Technology during the fourth quarter valued at $35,000.

Key Stories Impacting PAR Technology

Here are the key news stories impacting PAR Technology this week:

• Positive Sentiment: Major institutional accumulation — Voss Capital disclosed purchases across Jan–Feb that added roughly $14.6M of stock and raised its position to ~4.14M shares, signaling strong insider institutional conviction that can support the share price. Voss Capital buys PAR Technology (PAR) shares worth $14.6 million
• Positive Sentiment: Options flows show elevated call activity — short‑term bullish positioning and dealer hedging can create upward price pressure in the near term (may support intraday rebounds).
• Neutral Sentiment: Recent fundamentals: PAR beat Q4 estimates (revenue +14.4% y/y; EPS beat) — underlying business momentum is positive but may already be priced in after the prior run‑up.
• Neutral Sentiment: Large passive/active holders remain significant — firms like T. Rowe, Vanguard and Capital Research hold large stakes; their positioning provides steadiness but limits volatility-driven upside unless they increase exposure.
• Negative Sentiment: Heavy insider selling — CEO Savneet Singh (large blocks on Mar 3–4), CFO Bryan Menar, CAO Michael Steenberge and director Cathy King sold multiple tranches around $17–$18. Executive sales at these levels are likely the primary driver of today’s negative sentiment and share weakness. See the insider summary and filings. Insider trades summary CEO filings
• Negative Sentiment: Analyst target cuts — several firms trimmed price targets and one cut to a neutral rating (Goldman Sachs to $18), which reduces near‑term upside expectations and may exacerbate selling pressure from momentum traders.

PAR Technology Company Profile

PAR Technology Corp is a provider of enterprise software and hardware solutions for the hospitality, foodservice and retail industries. The company’s platforms are designed to streamline front- and back-of-house operations, covering point-of-sale (POS) systems, kitchen display and dispatch, inventory and labor management, and reporting tools. PAR’s integrated approach enables operators of full-service restaurants, quick-service chains, bars, hotels, casinos and retail outlets to centralize data and automate workflows across multiple sites.

Key offerings include PAR Brink, a cloud-native POS application that supports touchscreen, mobile and tablet devices; PAR Cloud Services, which delivers software updates, reporting and analytics through a subscription model; and hardware solutions such as payment terminals, handheld devices and self-service kiosks.