Insider Selling: PAR Technology (NYSE:PAR) CEO Sells $261,443.70 in 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 stock was sold at an average price of $18.27, for a total value of $261,443.70. Following the completion of 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 document filed with the Securities & Exchange Commission, which is available at this link.

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 value of $1,007,511.45.

PAR Technology Stock Down 1.8%

Shares of NYSE:PAR opened at $19.17 on Friday. The stock has a 50-day simple moving average of $27.76 and a 200-day simple moving average of $35.31. The stock has a market capitalization of $788.85 million, a P/E ratio of -9.22 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. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.46 and a current ratio of 1.66.

PAR Technology (NYSE:PAR) last posted its quarterly earnings results on Thursday, February 26th. The software maker reported $0.06 EPS for the quarter, beating the consensus estimate of ($0.10) by $0.16. The firm had revenue of $120.10 million for the quarter, compared to analyst estimates of $116.39 million. PAR Technology had a negative net margin of 18.54% and a negative return on equity of 2.32%. The company’s revenue was up 14.4% compared to the same quarter last year. Equities analysts forecast that PAR Technology Corporation will post -1.47 earnings per share for the current year.

PAR Technology News Summary

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

• Positive Sentiment: Major institutional accumulation — Voss Capital disclosed purchases across Jan–Feb that added roughly $14.6M of stock and raised its position to ~4.14M shares, signaling strong insider institutional conviction that can support the share price. Voss Capital buys PAR Technology (PAR) shares worth $14.6 million
• Positive Sentiment: Options flows show elevated call activity — short‑term bullish positioning and dealer hedging can create upward price pressure in the near term (may support intraday rebounds).
• Neutral Sentiment: Recent fundamentals: PAR beat Q4 estimates (revenue +14.4% y/y; EPS beat) — underlying business momentum is positive but may already be priced in after the prior run‑up.
• Neutral Sentiment: Large passive/active holders remain significant — firms like T. Rowe, Vanguard and Capital Research hold large stakes; their positioning provides steadiness but limits volatility-driven upside unless they increase exposure.
• Negative Sentiment: Heavy insider selling — CEO Savneet Singh (large blocks on Mar 3–4), CFO Bryan Menar, CAO Michael Steenberge and director Cathy King sold multiple tranches around $17–$18. Executive sales at these levels are likely the primary driver of today’s negative sentiment and share weakness. See the insider summary and filings. Insider trades summary CEO filings
• Negative Sentiment: Analyst target cuts — several firms trimmed price targets and one cut to a neutral rating (Goldman Sachs to $18), which reduces near‑term upside expectations and may exacerbate selling pressure from momentum traders.

Institutional Trading of PAR Technology

Several large investors have recently modified their holdings of PAR. Royal Bank of Canada increased its position in shares of PAR Technology by 8.0% during the first quarter. Royal Bank of Canada now owns 20,446 shares of the software maker’s stock worth $1,255,000 after acquiring an additional 1,515 shares during the last quarter. AQR Capital Management LLC purchased a new position in PAR Technology in the first quarter valued at about $309,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in PAR Technology by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,012 shares of the software maker’s stock valued at $1,228,000 after purchasing an additional 874 shares in the last quarter. Jones Financial Companies Lllp grew its stake in PAR Technology by 186,466.7% during the 1st quarter. Jones Financial Companies Lllp now owns 5,597 shares of the software maker’s stock valued at $343,000 after purchasing an additional 5,594 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in PAR Technology by 28.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 231,494 shares of the software maker’s stock worth $14,200,000 after purchasing an additional 51,316 shares during the last quarter.

Wall Street Analysts Forecast Growth

PAR has been the subject of a number of research reports. Needham & Company LLC decreased their price target on shares of PAR Technology from $55.00 to $30.00 and set a “buy” rating for the company in a research report on Friday, February 27th. Benchmark cut their price objective on PAR Technology from $77.00 to $42.00 and set a “buy” rating on the stock in a research report on Thursday. BTIG Research reduced their price objective on PAR Technology from $60.00 to $45.00 and set a “buy” rating on the stock in a research note on Friday, February 27th. Stephens decreased their target price on PAR Technology from $60.00 to $45.00 and set an “overweight” 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 research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $36.00.

PAR Technology Company 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.