PAR Technology (NYSE:PAR) CEO Savneet Singh Sells 14,310 Shares of Stock

PAR Technology Corporation (NYSE:PAR) CEO Savneet Singh sold 14,310 shares of the firm’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $18.27, for a total value of $261,443.70. Following the transaction, the chief executive officer owned 238,227 shares in the company, valued at approximately $4,352,407.29. This trade represents a 5.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Tuesday, March 3rd, Savneet Singh sold 57,605 shares of PAR Technology stock. The shares were sold at an average price of $17.49, for a total transaction of $1,007,511.45.

PAR Technology Stock Performance

Shares of NYSE PAR traded down $0.50 during trading hours on Friday, hitting $19.02. 389,763 shares of the stock were exchanged, compared to its average volume of 1,375,863. The firm has a market capitalization of $782.67 million, a P/E ratio of -9.14 and a beta of 1.36. The company’s 50 day moving average is $28.13 and its 200 day moving average is $35.65. PAR Technology Corporation has a one year low of $15.44 and a one year high of $72.15. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.66 and a quick ratio of 1.46.

PAR Technology (NYSE:PAR) last issued its 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 analyst estimates of $116.39 million. PAR Technology’s revenue for the quarter was up 14.4% on a year-over-year basis. On average, research analysts expect that PAR Technology Corporation will post -1.47 EPS for the current year.

More PAR Technology News

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

• Positive Sentiment: Voss Capital bought a material stake (multiple disclosed purchases totaling roughly $14.6M recently), increasing its position to ~4.14M shares — a strong signal of institutional conviction that can support the stock. Voss Capital buys PAR Technology (PAR) shares worth $14.6 million
• Positive Sentiment: Unusually large call‑option flow was reported (a multi‑hundred percent spike in call volume), indicating short‑term speculative bullish positioning and potential dealer hedging flows that can lift the share price in the near term.
• Neutral Sentiment: SEC disclosures show Voss’s purchases occurred across several dates and price levels (from mid‑$30s down into the low‑$20s), bringing context to the scale and average price of the stake but not guaranteeing future buys. Voss Capital SEC filing
• Neutral Sentiment: Fundamentals: PAR reported an EPS beat and +14.4% y/y revenue growth for the most recent quarter — supportive for medium‑term valuations but possibly already priced in. (Company earnings released Feb. 26.)
• Neutral Sentiment: Analyst landscape is mixed: several firms lowered targets (some steep cuts) while consensus remains a “Moderate Buy” with a ~$36 target — implies differing views on upside vs. risk.
• Negative Sentiment: Significant insider selling: CEO Savneet Singh (sold 57,605 shares on Mar 3 and additional shares Mar 4), CFO Bryan Menar, CAO Michael Steenberge and director Cathy King sold multiple blocks around $17–$18. Executive selling at these levels is pressuring sentiment and likely the primary driver of today’s pullback. Relevant SEC filings: CEO filings CFO filings CAO filings Director filings

Institutional Investors Weigh In On PAR Technology

A number of hedge funds have recently made changes to their positions in PAR. 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 position in shares of PAR Technology in the 3rd quarter worth approximately $28,000. Huntington National Bank increased its position in shares of PAR Technology by 66.2% during the second quarter. Huntington National Bank now owns 437 shares of the software maker’s stock worth $30,000 after buying an additional 174 shares during the period. State of Wyoming acquired a new position in PAR Technology in the fourth quarter valued at $34,000. Finally, Kestra Advisory Services LLC bought a new stake in PAR Technology during the fourth quarter valued at $35,000.

Wall Street Analysts Forecast Growth

Several brokerages have commented on PAR. Weiss Ratings restated a “sell (d-)” rating on shares of PAR Technology in a report on Monday, December 29th. BTIG Research lowered their target price on PAR Technology from $60.00 to $45.00 and set a “buy” rating for the company in a report on Friday, February 27th. The Goldman Sachs Group cut their price target on PAR Technology from $40.00 to $18.00 and set a “neutral” rating on the stock in a report on Tuesday. Stephens dropped their target price on PAR Technology from $60.00 to $45.00 and set an “overweight” rating on the stock in a research report on Friday, February 27th. Finally, Benchmark reduced their price target on PAR Technology from $77.00 to $42.00 and set a “buy” rating for the company in a research report on Thursday. Five equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, PAR Technology has an average rating of “Moderate Buy” and a consensus price target of $36.00.

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.