Insider Selling: PAR Technology (NYSE:PAR) CEO Sells $1,007,511.45 in Stock

PAR Technology Corporation (NYSE:PAR) CEO Savneet Singh sold 57,605 shares of PAR Technology stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $17.49, for a total value of $1,007,511.45. Following the completion of the sale, the chief executive officer owned 252,537 shares in the company, valued at $4,416,872.13. This represents a 18.57% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Savneet Singh also recently made the following trade(s):

• On Wednesday, March 4th, Savneet Singh sold 14,310 shares of PAR Technology stock. The stock was sold at an average price of $18.27, for a total value of $261,443.70.

PAR Technology Stock Down 1.8%

Shares of NYSE:PAR opened at $19.17 on Friday. The business has a 50-day moving average price of $27.76 and a 200 day moving average price of $35.31. 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 capitalization of $788.85 million, a price-to-earnings ratio of -9.22 and a beta of 1.36. PAR Technology Corporation has a 12-month low of $15.44 and a 12-month high of $72.15.

PAR Technology (NYSE:PAR) last issued its quarterly earnings data 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. The firm had revenue of $120.10 million for the quarter, compared to analyst estimates of $116.39 million. PAR Technology had a negative net margin of 18.54% and a negative return on equity of 2.32%. The firm’s revenue for the quarter was up 14.4% on a year-over-year basis. Sell-side analysts expect that PAR Technology Corporation will post -1.47 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts have recently commented on PAR shares. Stephens decreased their price objective on shares of PAR Technology from $60.00 to $45.00 and set an “overweight” rating on the stock in a report on Friday, February 27th. The Goldman Sachs Group dropped their target price on PAR Technology from $40.00 to $18.00 and set a “neutral” rating for the company in a research report on Tuesday, March 3rd. Benchmark cut 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. BTIG Research decreased their price target on shares of PAR Technology from $60.00 to $45.00 and set a “buy” rating for the company in a research note on Friday, February 27th. Finally, 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. Five investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $36.00.

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.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. T. Rowe Price Investment Management Inc. raised its position in shares of PAR Technology by 3.5% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 5,916,459 shares of the software maker’s stock worth $214,650,000 after acquiring an additional 201,782 shares in the last quarter. Vanguard Group Inc. boosted its holdings in PAR Technology by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 3,304,052 shares of the software maker’s stock valued at $119,871,000 after purchasing an additional 12,250 shares in the last quarter. Capital Research Global Investors increased its stake in PAR Technology by 17.3% in the third quarter. Capital Research Global Investors now owns 3,237,004 shares of the software maker’s stock valued at $128,121,000 after purchasing an additional 476,839 shares during the last quarter. Progeny 3 Inc. raised its holdings in PAR Technology by 18.7% during the fourth quarter. Progeny 3 Inc. now owns 2,056,308 shares of the software maker’s stock worth $74,603,000 after purchasing an additional 323,990 shares in the last quarter. Finally, Invesco Ltd. lifted its position in shares of PAR Technology by 24.1% during the 2nd 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 during the last quarter.

About PAR Technology

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.