Bamco Inc. NY Decreases Stock Holdings in PAR Technology Corporation $PAR

Bamco Inc. NY lowered its position in shares of PAR Technology Corporation (NYSE:PAR) by 2.3% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,711,465 shares of the software maker’s stock after selling 39,922 shares during the period. Bamco Inc. NY owned about 4.22% of PAR Technology worth $67,740,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in PAR. Capital Research Global Investors raised its stake in shares of PAR Technology by 17.3% during 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 during the last quarter. Invesco Ltd. boosted its holdings in shares of PAR Technology by 24.1% during the second quarter. Invesco Ltd. now owns 1,877,239 shares of the software maker’s stock worth $130,224,000 after purchasing an additional 364,892 shares during the period. Segall Bryant & Hamill LLC bought a new stake in shares of PAR Technology in the third quarter worth about $12,510,000. Marshall Wace LLP grew its stake in shares of PAR Technology by 3,057.2% in the third quarter. Marshall Wace LLP now owns 271,930 shares of the software maker’s stock worth $10,763,000 after purchasing an additional 263,317 shares during the last quarter. Finally, Rovida Advisors Inc. increased its holdings in PAR Technology by 50.6% during the 3rd quarter. Rovida Advisors Inc. now owns 750,000 shares of the software maker’s stock valued at $29,678,000 after purchasing an additional 252,156 shares during the period.

Insider Activity at PAR Technology

In other PAR Technology news, CEO Savneet Singh sold 14,310 shares of the firm’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $18.27, for a total transaction of $261,443.70. Following the completion of the transaction, the chief executive officer owned 238,227 shares of the company’s stock, valued at approximately $4,352,407.29. This trade represents a 5.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Bryan A. Menar sold 1,636 shares of the business’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $18.27, for a total transaction of $29,889.72. Following the sale, the chief financial officer owned 63,257 shares in the company, valued at approximately $1,155,705.39. This trade represents a 2.52% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders purchased 722,237 shares of company stock valued at $21,772,998 and sold 90,689 shares valued at $1,600,226. Company insiders own 3.70% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on PAR. BTIG Research lowered their price target 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. Needham & Company LLC cut their price objective on PAR Technology from $55.00 to $30.00 and set a “buy” rating on the stock in a research report on Friday, February 27th. William Blair reissued an “outperform” rating on shares of PAR Technology in a research note on Friday. The Goldman Sachs Group decreased their target price on PAR Technology from $40.00 to $18.00 and set a “neutral” rating for the company in a report on Tuesday, March 3rd. Finally, Benchmark dropped their price target on PAR Technology from $77.00 to $42.00 and set a “buy” rating for the company in a research note on Thursday, March 5th. Five analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, PAR Technology has an average rating of “Moderate Buy” and a consensus target price of $36.00.

PAR Technology News Roundup

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%

PAR Technology Stock Performance

Shares of PAR opened at $14.73 on Friday. The company has a 50-day simple moving average of $25.76 and a two-hundred day simple moving average of $34.06. 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 capitalization of $606.06 million, a PE ratio of -7.08 and a beta of 1.36. PAR Technology Corporation has a one year low of $12.48 and a one year high of $72.15.

PAR Technology (NYSE:PAR) last posted its earnings results on Thursday, February 26th. The software maker reported $0.06 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.16. PAR Technology had a negative return on equity of 2.32% and a negative net margin of 18.54%.The firm had revenue of $120.10 million for the quarter, compared to the consensus estimate of $116.39 million. The company’s revenue for the quarter was up 14.4% compared to the same quarter last year. On average, 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.