PAR Technology Corporation $PAR Shares Sold by ADW Capital Management LLC

ADW Capital Management LLC cut its holdings in shares of PAR Technology Corporation (NYSE:PAR) by 77.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 597,229 shares of the software maker’s stock after selling 2,000,000 shares during the quarter. PAR Technology makes up 13.5% of ADW Capital Management LLC’s portfolio, making the stock its 5th largest position. ADW Capital Management LLC owned about 1.47% of PAR Technology worth $23,638,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of PAR. Royal Bank of Canada raised its stake in shares of PAR Technology by 8.0% during the 1st quarter. Royal Bank of Canada now owns 20,446 shares of the software maker’s stock worth $1,255,000 after purchasing an additional 1,515 shares in the last quarter. AQR Capital Management LLC bought a new position in shares of PAR Technology in the first quarter valued at $309,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of PAR Technology by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,012 shares of the software maker’s stock valued at $1,228,000 after buying an additional 874 shares in the last quarter. Jones Financial Companies Lllp increased its holdings in PAR Technology by 186,466.7% during the first quarter. Jones Financial Companies Lllp now owns 5,597 shares of the software maker’s stock worth $343,000 after buying an additional 5,594 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in PAR Technology by 28.5% during the first quarter. Goldman Sachs Group Inc. now owns 231,494 shares of the software maker’s stock worth $14,200,000 after buying an additional 51,316 shares during the last quarter.

More PAR Technology News

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

• Positive Sentiment: An investor has urged PAR to explore strategic alternatives, a development that can act as a corporate‑action catalyst (sale, breakup or other value‑realization moves) and could unlock shareholder value. Investor urges restaurant tech firm PAR to explore strategic alternatives
• Neutral Sentiment: PAR management presented at the Wolfe Research FinTech Forum — useful for hearing management’s latest messaging on strategy, product roadmap and financial outlook; monitor the transcript for any guidance or nuance that could change sentiment. PAR Technology Corporation (PAR) Presents at Wolfe Research FinTech Forum Transcript
• Neutral Sentiment: A day earlier PAR announced a proposed offering of $225M of convertible senior notes (initial filing), signaling management’s intent to raise capital subject to market conditions — watch sizing, pricing and use of proceeds for implications. PAR Technology Corporation Announces Proposed Offering of $225.0 Million of Convertible Senior Notes
• Negative Sentiment: PAR priced an up‑sized private offering of $250.0M aggregate principal amount of 4.00% Convertible Senior Notes due 2031, which sparked the move lower as investors weighed dilution and leverage; details on conversion terms and any initial purchaser options will determine the ultimate dilution impact. PAR Technology Corporation Announces Pricing of $250.0 Million of Convertible Senior Notes
• Negative Sentiment: Market coverage highlights the immediate market reaction — outlets note shares slid after the $250M convertible debt pricing, amplifying investor concerns about near‑term dilution and the capital structure change. PAR Technology Shares Slide on $250 Million Notes Offering
• Negative Sentiment: An investor analysis piece outlines why PAR’s stock fell (reports the ~14.7% drop), reiterating that the convertible offering and dilution/valuation concerns are the primary near‑term drivers; read for detail on how the move affects per‑share metrics. Why PAR Technology Corporation’s (PAR) Stock Is Down 14.70%

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on PAR. Weiss Ratings reissued a “sell (d-)” rating on shares of PAR Technology in a research report on Monday, December 29th. Stephens cut their price objective on PAR Technology from $60.00 to $45.00 and set an “overweight” rating for the company in a research report on Friday, February 27th. William Blair reiterated an “outperform” rating on shares of PAR Technology in a research note on Friday. BTIG Research decreased their target price on PAR Technology from $60.00 to $45.00 and set a “buy” rating on the stock in a report on Friday, February 27th. Finally, Needham & Company LLC dropped their price target on PAR Technology from $55.00 to $30.00 and set a “buy” rating on the stock in a research note on Friday, February 27th. Five investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $36.00.

Insider Transactions at PAR Technology

In other news, CEO Savneet Singh sold 14,310 shares of the stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $18.27, for a total value of $261,443.70. Following the completion of the transaction, the chief executive officer directly owned 238,227 shares in the company, valued at approximately $4,352,407.29. This represents a 5.67% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Voss Capital, Lp acquired 65,100 shares of the business’s stock in a transaction that occurred on Wednesday, February 4th. The shares were purchased at an average cost of $22.44 per share, for a total transaction of $1,460,844.00. Following the acquisition, the insider 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. Additional details regarding this purchase are available in the official SEC disclosure. Over the last three months, insiders have acquired 722,237 shares of company stock valued at $21,772,998 and have sold 90,689 shares valued at $1,600,226. Corporate insiders own 3.70% of the company’s stock.

PAR Technology Stock Down 7.1%

PAR stock opened at $14.73 on Friday. The stock has a market capitalization of $606.06 million, a P/E ratio of -7.08 and a beta of 1.36. The company has a current ratio of 1.66, a quick ratio of 1.46 and a debt-to-equity ratio of 0.45. PAR Technology Corporation has a 12 month low of $12.48 and a 12 month high of $72.15. The firm has a 50-day moving average price of $25.76 and a 200-day moving average price of $34.06.

PAR Technology (NYSE:PAR) last announced its quarterly 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. The company 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%. PAR Technology’s revenue for the quarter was up 14.4% compared to the same quarter last year. As a group, equities research analysts anticipate that PAR Technology Corporation will post -1.47 EPS for the current fiscal year.

PAR Technology 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.