Friedberg Investment Management Takes Position in PAR Technology Corporation (PAR)
Friedberg Investment Management purchased a new stake in shares of PAR Technology Corporation (NYSE:PAR) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 95,130 shares of the software maker’s stock, valued at approximately $810,000. Friedberg Investment Management owned approximately 0.60% of PAR Technology Corporation at the end of the most recent reporting period.
Other large investors also recently modified their holdings of the company. Eagle Global Advisors LLC bought a new position in shares of PAR Technology Corporation during the second quarter valued at $142,000. EAM Investors LLC bought a new position in shares of PAR Technology Corporation during the second quarter valued at $565,000. Algert Global LLC increased its holdings in shares of PAR Technology Corporation by 57.7% during the second quarter. Algert Global LLC now owns 80,864 shares of the software maker’s stock valued at $688,000 after acquiring an additional 29,602 shares in the last quarter. Granite Investment Partners LLC bought a new position in shares of PAR Technology Corporation during the second quarter valued at $1,451,000. Finally, Dimensional Fund Advisors LP increased its holdings in shares of PAR Technology Corporation by 5.0% during the second quarter. Dimensional Fund Advisors LP now owns 830,566 shares of the software maker’s stock valued at $7,085,000 after acquiring an additional 39,345 shares in the last quarter. Hedge funds and other institutional investors own 22.05% of the company’s stock.
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Shares of PAR Technology Corporation (PAR) traded down 0.20% during trading on Friday, hitting $10.14. The stock had a trading volume of 16,212 shares. The stock has a 50-day moving average price of $10.35 and a 200 day moving average price of $8.91. PAR Technology Corporation has a 12 month low of $4.69 and a 12 month high of $11.09. The company has a market cap of $161.41 million, a P/E ratio of 31.89 and a beta of -0.03.
PAR Technology Corporation (NYSE:PAR) last issued its quarterly earnings data on Tuesday, August 15th. The software maker reported $0.16 earnings per share for the quarter. The firm had revenue of $62.26 million during the quarter. PAR Technology Corporation had a return on equity of 11.87% and a net margin of 2.29%. Equities analysts expect that PAR Technology Corporation will post ($0.02) EPS for the current fiscal year.
PAR Technology Corporation Company Profile
PAR Technology Corporation (PAR) is a provider of systems and service solutions for the hospitality industry. The Company operates through two segments: Hospitality and Government. The solutions for the restaurant industry integrate software applications, hardware platforms, software delivery, and installation and lifecycle support services.
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