PAR Technology (NYSE:PAR) CFO Sells $115,224.12 in Stock

PAR Technology Corporation (NYSE:PARGet Free Report) CFO Bryan Menar sold 6,588 shares of the company’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $17.49, for a total transaction of $115,224.12. Following the sale, the chief financial officer owned 64,893 shares in the company, valued at $1,134,978.57. This represents a 9.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

PAR Technology Trading Up 4.3%

Shares of PAR Technology stock traded up $0.81 on Thursday, reaching $19.48. The company had a trading volume of 1,065,916 shares, compared to its average volume of 1,523,789. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.66 and a quick ratio of 1.46. The firm’s 50-day moving average price is $28.13 and its two-hundred day moving average price is $35.65. The firm has a market cap of $801.60 million, a price-to-earnings ratio of -9.37 and a beta of 1.36. PAR Technology Corporation has a 1 year low of $15.44 and a 1 year high of $72.15.

PAR Technology (NYSE:PARGet Free Report) last released its earnings results on Thursday, February 26th. The software maker reported $0.06 earnings per share (EPS) 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 firm had revenue of $120.10 million during the quarter, compared to analyst estimates of $116.39 million. The company’s revenue for the quarter was up 14.4% compared to the same quarter last year. As a group, research analysts predict that PAR Technology Corporation will post -1.47 earnings per share for the current fiscal year.

Key PAR Technology News

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

  • Positive Sentiment: Voss Capital pushed for a strategic review and urged the board to explore all alternatives, increasing expectations of a potential sale or other value‑unlocking transaction; activist involvement often lifts share prices on takeover/recapitalization hopes. Voss Capital Issues Open Letter to the Board of PAR Technology
  • Positive Sentiment: Voss Capital has been buying shares across January–February (multiple SEC filings) and now owns ~13.2% of PAR; continued buying by a large shareholder reinforces the activist thesis and signals conviction. Voss Capital SEC Filing
  • Neutral Sentiment: Unusual options flow: investors bought ~6,188 call contracts in a single session (≈525% above average), indicating short‑term speculative bullish interest that can amplify intraday moves. (No external article)
  • Neutral Sentiment: Product update: PAR launched “PAR Retail Drive™ AI” — a product/technology release that supports long‑term revenue potential but is unlikely to change near‑term fundamentals by itself. PAR Technology Launches PAR Retail Drive™ AI
  • Negative Sentiment: Large insider selling: CEO Savneet Singh sold 57,605 shares (Mar 3) and 14,310 shares (Mar 4), and the CFO/CAO also sold multiple tranches — sizable insider exits can raise governance/valuation concerns and weigh on sentiment. CEO Insider Sale SEC Filing
  • Negative Sentiment: Analyst downgrade drove the stock to a 12‑month low recently, highlighting near‑term skepticism about the company’s outlook despite activist attention. PAR Technology Hits New 12-Month Low on Analyst Downgrade

Analyst Ratings Changes

PAR has been the subject of a number of analyst reports. Benchmark lowered 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. Needham & Company LLC decreased their price objective on shares of PAR Technology from $55.00 to $30.00 and set a “buy” rating for the company in a research note on Friday, February 27th. Stephens decreased their price target on PAR Technology from $60.00 to $45.00 and set an “overweight” rating for the company in a report on Friday, February 27th. BTIG Research cut their price objective on PAR Technology from $60.00 to $45.00 and set a “buy” rating for the company in a research report on Friday, February 27th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of PAR Technology in a research note on Monday, December 29th. Five equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $36.00.

Get Our Latest Research Report on PAR

Hedge Funds Weigh In On PAR Technology

Several institutional investors have recently bought and sold shares of PAR. Greenstone Partners & Co. LLC acquired a new position in shares of PAR Technology in the fourth quarter valued at approximately $36,981,000. Long Focus Capital Management LLC lifted its stake in PAR Technology by 4,210.9% during the third quarter. Long Focus Capital Management LLC now owns 877,575 shares of the software maker’s stock worth $34,734,000 after purchasing an additional 857,218 shares during the last quarter. SG Americas Securities LLC purchased a new stake in shares of PAR Technology during the 4th quarter worth approximately $27,274,000. Capital Research Global Investors boosted 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 acquiring an additional 476,839 shares in the last quarter. Finally, Reinhart Partners LLC. boosted its position in shares of PAR Technology by 45.6% in the 4th quarter. Reinhart Partners LLC. now owns 1,309,860 shares of the software maker’s stock valued at $47,522,000 after purchasing an additional 410,183 shares during the period.

About PAR Technology

(Get Free Report)

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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Insider Buying and Selling by Quarter for PAR Technology (NYSE:PAR)

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