PAR Technology (NYSE:PAR) Major Shareholder Voss Capital, Lp Buys 182,862 Shares

PAR Technology Corporation (NYSE:PARGet Free Report) major shareholder Voss Capital, Lp acquired 182,862 shares of the company’s stock in a transaction dated Tuesday, February 3rd. The stock was acquired at an average cost of $22.89 per share, for a total transaction of $4,185,711.18. Following the completion of the purchase, the insider directly owned 4,075,000 shares in the company, valued at $93,276,750. This trade represents a 4.70% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Large 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 Wednesday, February 4th, Voss Capital, Lp bought 65,100 shares of PAR Technology stock. The stock was acquired at an average price of $22.44 per share, with a total value of $1,460,844.00.
  • On Friday, January 30th, Voss Capital, Lp purchased 2,138 shares of PAR Technology stock. The shares were acquired at an average price of $26.21 per share, for a total transaction of $56,036.98.
  • On Tuesday, January 27th, Voss Capital, Lp bought 175,000 shares of PAR Technology stock. The shares were bought at an average price of $29.12 per share, for a total transaction 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 price of $31.71 per share, for a total transaction of $317,100.00.
  • On Thursday, January 15th, Voss Capital, Lp acquired 50,068 shares of PAR Technology stock. The shares were bought 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 price of $39.10 per share, with a total value of $1,604,429.40.
  • On Tuesday, January 6th, Voss Capital, Lp purchased 25,000 shares of PAR Technology stock. The shares were purchased at an average cost 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 purchased at an average cost of $35.82 per share, for a total transaction 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, 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 purchased at an average cost of $36.51 per share, with a total value of $5,359,266.39.

PAR Technology Stock Up 4.3%

Shares of NYSE:PAR traded up $0.81 during trading on Thursday, reaching $19.48. 1,065,916 shares of the stock were exchanged, compared to its average volume of 1,523,789. PAR Technology Corporation has a 1-year low of $15.44 and a 1-year high of $72.15. The stock has a fifty day moving average of $28.13 and a two-hundred day moving average of $35.65. 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 has a market cap of $801.60 million, a price-to-earnings ratio of -9.37 and a beta of 1.36.

PAR Technology (NYSE:PARGet Free Report) last announced its quarterly earnings results on Thursday, February 26th. The software maker reported $0.06 earnings per share for the quarter, beating 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 business had revenue of $120.10 million for the quarter, compared to analysts’ expectations of $116.39 million. The company’s revenue was up 14.4% on a year-over-year basis. Research analysts anticipate that PAR Technology Corporation will post -1.47 earnings per share for the current fiscal year.

Institutional Investors Weigh In On PAR Technology

Institutional investors have recently added to or reduced their stakes in the company. Huntington National Bank lifted its stake in shares of 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 during the period. Advisors Asset Management Inc. raised its holdings in PAR Technology by 68.6% in the second quarter. Advisors Asset Management Inc. now owns 563 shares of the software maker’s stock worth $39,000 after purchasing an additional 229 shares in the last quarter. ProShare Advisors LLC raised its holdings in PAR Technology by 6.9% in the fourth quarter. ProShare Advisors LLC now owns 7,330 shares of the software maker’s stock worth $266,000 after purchasing an additional 471 shares in the last quarter. SkyView Investment Advisors LLC lifted its position in PAR Technology by 3.3% during the second quarter. SkyView Investment Advisors LLC now owns 16,915 shares of the software maker’s stock valued at $1,153,000 after buying an additional 548 shares during the period. Finally, Ameritas Investment Partners Inc. boosted its holdings in shares of PAR Technology by 16.4% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 4,095 shares of the software maker’s stock valued at $284,000 after buying an additional 577 shares in the last quarter.

Wall Street Analysts Forecast Growth

PAR has been the topic of a number of research analyst reports. The Goldman Sachs Group cut their price target on shares of PAR Technology from $40.00 to $18.00 and set a “neutral” rating on the stock in a report on Tuesday. Benchmark dropped their price objective on shares of PAR Technology from $77.00 to $42.00 and set a “buy” rating on the stock in a report on Thursday. Stephens reduced their target price on shares of PAR Technology from $60.00 to $45.00 and set an “overweight” rating for the company in a research note on Friday, February 27th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of PAR Technology in a report on Monday, December 29th. Finally, Needham & Company LLC lowered their target price on shares of PAR Technology from $55.00 to $30.00 and set a “buy” rating on the stock in a report on Friday, February 27th. Five analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, PAR Technology currently has an average rating of “Moderate Buy” and a consensus price target of $36.00.

Read Our Latest Research Report on PAR Technology

Key Headlines Impacting PAR Technology

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

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.

See Also

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

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