Insider Buying: PAR Technology (NYSE:PAR) Major Shareholder Purchases $1,460,844.00 in Stock

PAR Technology Corporation (NYSE:PAR) major shareholder Voss Capital, Lp bought 65,100 shares of the stock in a transaction that occurred on Wednesday, February 4th. The stock was bought at an average price of $22.44 per share, with a total value of $1,460,844.00. Following the completion of the purchase, the insider directly owned 4,140,100 shares in the company, valued at $92,903,844. This represents a 1.60% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Major 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 Tuesday, February 3rd, Voss Capital, Lp purchased 182,862 shares of PAR Technology stock. The shares were bought 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 purchased 2,138 shares of PAR Technology stock. The stock was bought at an average cost 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 shares were bought 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 cost of $31.71 per share, for a total transaction of $317,100.00.
• On Thursday, January 15th, Voss Capital, Lp bought 50,068 shares of PAR Technology stock. The stock was purchased at an average cost of $38.93 per share, for a total transaction 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 price of $34.56 per share, with a total value 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 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 purchased at an average cost of $36.60 per share, for a total transaction of $561,736.80.
• On Tuesday, December 30th, Voss Capital, Lp acquired 146,789 shares of PAR Technology stock. The stock was purchased at an average price of $36.51 per share, with a total value of $5,359,266.39.

PAR Technology Trading Down 1.8%

PAR Technology stock opened at $19.17 on Friday. The company has a quick ratio of 1.46, a current ratio of 1.66 and a debt-to-equity ratio of 0.45. PAR Technology Corporation has a 52 week low of $15.44 and a 52 week high of $72.15. The company has a market capitalization of $788.85 million, a price-to-earnings ratio of -9.22 and a beta of 1.36. The stock has a 50-day moving average price of $27.76 and a 200 day moving average price of $35.31.

PAR Technology (NYSE:PAR) last issued its quarterly earnings results on Thursday, February 26th. The software maker reported $0.06 earnings per share for the quarter, topping 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 for the quarter, compared to the consensus estimate of $116.39 million. The company’s revenue for the quarter was up 14.4% on a year-over-year basis. Sell-side analysts anticipate that PAR Technology Corporation will post -1.47 EPS for the current year.

Wall Street Analyst Weigh In

PAR has been the subject of several recent research reports. The Goldman Sachs Group reduced their target price on shares of PAR Technology from $40.00 to $18.00 and set a “neutral” rating for the company in a report on Tuesday, March 3rd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of PAR Technology in a research report on Monday, December 29th. Needham & Company LLC reduced their price objective on PAR Technology from $55.00 to $30.00 and set a “buy” rating for the company in a research note on Friday, February 27th. BTIG Research decreased their price objective on PAR Technology from $60.00 to $45.00 and set a “buy” rating for the company in a report on Friday, February 27th. Finally, Stephens dropped their target price on PAR Technology from $60.00 to $45.00 and set an “overweight” rating on the stock in a 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 given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $36.00.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in PAR. Huntington National Bank lifted its holdings in PAR Technology by 66.2% in the 2nd quarter. Huntington National Bank now owns 437 shares of the software maker’s stock valued at $30,000 after purchasing an additional 174 shares in the last quarter. Advisors Asset Management Inc. grew its holdings in shares of PAR Technology by 68.6% during the second quarter. Advisors Asset Management Inc. now owns 563 shares of the software maker’s stock worth $39,000 after buying an additional 229 shares in the last quarter. FNY Investment Advisers LLC acquired a new stake in shares of PAR Technology in the third quarter valued at about $26,000. Aster Capital Management DIFC Ltd acquired a new stake in shares of PAR Technology in the third quarter valued at about $28,000. Finally, Manning & Napier Advisors LLC purchased a new position in shares of PAR Technology in the third quarter worth about $36,000.

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.

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.