PAR Technology (NYSE:PAR) Major Shareholder Acquires $1,949,147.24 in Stock

PAR Technology Corporation (NYSE:PAR) major shareholder Voss Capital, Lp purchased 50,068 shares of the business’s stock in a transaction that occurred on Thursday, January 15th. The shares were purchased at an average cost of $38.93 per share, with a total value of $1,949,147.24. Following the completion of the acquisition, the insider directly owned 3,705,000 shares in the company, valued at $144,235,650. The trade was a 1.37% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Major 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 purchased 65,100 shares of PAR Technology stock. The stock was purchased at an average price of $22.44 per share, for a total transaction of $1,460,844.00.
• On Tuesday, February 3rd, Voss Capital, Lp acquired 182,862 shares of PAR Technology stock. The shares were purchased at an average cost 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 shares were purchased at an average cost of $26.21 per share, with a total value of $56,036.98.
• On Tuesday, January 27th, Voss Capital, Lp bought 175,000 shares of PAR Technology stock. The stock was purchased 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 bought 10,000 shares of PAR Technology stock. The stock was purchased at an average price of $31.71 per share, with a total value of $317,100.00.
• On Wednesday, January 14th, Voss Capital, Lp bought 41,034 shares of PAR Technology stock. The stock was acquired 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 purchased 25,000 shares of PAR Technology stock. The shares were acquired at an average price 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 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 acquired 15,348 shares of PAR Technology stock. The stock was acquired 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 stock was acquired at an average cost of $36.51 per share, for a total transaction of $5,359,266.39.

PAR Technology Price Performance

PAR Technology stock opened at $19.17 on Friday. The business’s fifty day moving average is $27.76 and its two-hundred day moving average is $35.31. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.46 and a current ratio of 1.66. The firm has a market cap of $788.85 million, a P/E ratio of -9.22 and a beta of 1.36. PAR Technology Corporation has a 52 week low of $15.44 and a 52 week 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 for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.16. PAR Technology had a negative return on equity of 2.32% and a negative net margin of 18.54%.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% on a year-over-year basis. Equities research analysts forecast that PAR Technology Corporation will post -1.47 earnings per share for the current fiscal year.

PAR Technology News Summary

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.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. MidFirst Bank acquired a new stake in shares of PAR Technology during the 4th quarter worth approximately $113,000. T. Rowe Price Investment Management Inc. lifted its holdings in PAR Technology by 3.5% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 5,916,459 shares of the software maker’s stock valued at $214,650,000 after buying an additional 201,782 shares during the period. Invesco Ltd. lifted its holdings in PAR Technology by 17.3% in the fourth quarter. Invesco Ltd. now owns 44,255 shares of the software maker’s stock valued at $1,606,000 after buying an additional 6,519 shares during the period. Corient Private Wealth LLC boosted its stake in PAR Technology by 78.3% in the fourth quarter. Corient Private Wealth LLC now owns 76,097 shares of the software maker’s stock valued at $2,761,000 after acquiring an additional 33,407 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV acquired a new stake in PAR Technology during the 4th quarter worth $235,000.

Analysts Set New Price Targets

A number of equities analysts have weighed in on PAR shares. The Goldman Sachs Group dropped their target price on shares of PAR Technology from $40.00 to $18.00 and set a “neutral” rating for the company in a research note on Tuesday, March 3rd. BTIG Research decreased their price target on shares of PAR Technology from $60.00 to $45.00 and set a “buy” rating on the stock in a research note on Friday, February 27th. Benchmark lowered their price target on shares of PAR Technology from $77.00 to $42.00 and set a “buy” rating for the company in a report on Thursday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of PAR Technology in a report on Monday, December 29th. Finally, Needham & Company LLC decreased their price objective on PAR Technology from $55.00 to $30.00 and set a “buy” rating on the stock in a research report on Friday, February 27th. Five 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. According to MarketBeat.com, PAR Technology currently has a consensus rating of “Moderate Buy” and a consensus price target of $36.00.

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.