PAR Technology Corporation (NYSE:PAR – Get Free Report) major shareholder Voss Capital, Lp purchased 182,862 shares of the firm’s stock in a transaction on Tuesday, February 3rd. The stock was bought at an average cost of $22.89 per share, with a total value of $4,185,711.18. Following the completion of the acquisition, the insider directly owned 4,075,000 shares of the company’s stock, valued at $93,276,750. This trade represents a 4.70% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Voss Capital, Lp also recently made the following trade(s):
- On Wednesday, February 4th, Voss Capital, Lp acquired 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 Friday, January 30th, Voss Capital, Lp acquired 2,138 shares of PAR Technology stock. The stock was purchased at an average price of $26.21 per share, with a total value of $56,036.98.
- On Tuesday, January 27th, Voss Capital, Lp acquired 175,000 shares of PAR Technology stock. The stock was acquired at an average price of $29.12 per share, with a total value of $5,096,000.00.
- On Friday, January 23rd, Voss Capital, Lp acquired 10,000 shares of PAR Technology stock. The shares were bought 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 shares were purchased at an average cost of $39.10 per share, with a total value 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 price of $34.56 per share, for a total transaction of $864,000.00.
- On Monday, January 5th, Voss Capital, Lp bought 8,898 shares of PAR Technology stock. The shares were acquired at an average cost 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 stock was bought at an average price 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 shares were bought at an average cost of $36.51 per share, for a total transaction of $5,359,266.39.
PAR Technology Stock Down 1.8%
Shares of NYSE:PAR opened at $19.17 on Friday. PAR Technology Corporation has a 52-week low of $15.44 and a 52-week high of $72.15. The stock has a market cap of $788.85 million, a P/E ratio of -9.22 and a beta of 1.36. The business has a fifty day moving average of $27.76 and a two-hundred day moving average of $35.42. The company has a quick ratio of 1.46, a current ratio of 1.66 and a debt-to-equity ratio of 0.45.
Key Headlines 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.
Hedge Funds Weigh In On PAR Technology
A number of large investors have recently made changes to their positions in the stock. Stephens Investment Management Group LLC grew its holdings in PAR Technology by 54.4% in the third quarter. Stephens Investment Management Group LLC now owns 158,959 shares of the software maker’s stock valued at $6,292,000 after purchasing an additional 56,036 shares during the last quarter. Geode Capital Management LLC grew its holdings in PAR Technology by 13.2% during the 2nd quarter. Geode Capital Management LLC now owns 942,503 shares of the software maker’s stock valued at $65,389,000 after buying an additional 110,160 shares during the last quarter. Invesco Ltd. increased its position in PAR Technology by 24.1% during the second quarter. Invesco Ltd. now owns 1,877,239 shares of the software maker’s stock worth $130,224,000 after buying an additional 364,892 shares in the last quarter. AXA S.A. increased its position in PAR Technology by 360.1% during the second quarter. AXA S.A. now owns 298,985 shares of the software maker’s stock worth $20,741,000 after buying an additional 234,009 shares in the last quarter. Finally, Bamco Inc. NY raised its holdings in shares of PAR Technology by 8.5% in the second quarter. Bamco Inc. NY now owns 1,751,387 shares of the software maker’s stock worth $121,494,000 after acquiring an additional 137,434 shares during the last quarter.
Analyst Ratings Changes
Several research analysts have weighed in on PAR shares. Stephens lowered their target price on shares of PAR Technology from $60.00 to $45.00 and set an “overweight” rating for the company in a research note on Friday, February 27th. The Goldman Sachs Group decreased their price target on shares of PAR Technology from $40.00 to $18.00 and set a “neutral” rating for the company in a research report on Tuesday. Needham & Company LLC lowered their price target on shares of PAR Technology from $55.00 to $30.00 and set a “buy” rating for the company in a report on Friday, February 27th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of PAR Technology in a report on Monday, December 29th. Finally, Benchmark reduced their target price on PAR Technology from $77.00 to $42.00 and set a “buy” rating for the company in a report on Thursday. Five equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $36.00.
Read Our Latest Stock Analysis on PAR
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.
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