PAR Technology (NYSE:PAR) Major Shareholder Voss Capital, Lp Buys 175,000 Shares

PAR Technology Corporation (NYSE:PAR) major shareholder Voss Capital, Lp bought 175,000 shares of the company’s stock in a transaction on Tuesday, January 27th. The shares were acquired at an average cost of $29.12 per share, for a total transaction of $5,096,000.00. Following the completion of the acquisition, the insider directly owned 3,890,000 shares of the company’s stock, valued at $113,276,800. This trade represents a 4.71% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Voss Capital, Lp also recently made the following trade(s):

• On Wednesday, February 4th, Voss Capital, Lp acquired 65,100 shares of PAR Technology stock. The stock was acquired at an average cost of $22.44 per share, with a total value of $1,460,844.00.
• On Tuesday, February 3rd, Voss Capital, Lp acquired 182,862 shares of PAR Technology stock. The shares were bought at an average price of $22.89 per share, for a total transaction of $4,185,711.18.
• On Friday, January 30th, Voss Capital, Lp purchased 2,138 shares of PAR Technology stock. The shares were bought at an average price of $26.21 per share, for a total transaction of $56,036.98.
• On Friday, January 23rd, Voss Capital, Lp bought 10,000 shares of PAR Technology stock. The shares were purchased at an average cost of $31.71 per share, for a total transaction of $317,100.00.
• On Thursday, January 15th, Voss Capital, Lp purchased 50,068 shares of PAR Technology stock. The shares were bought at an average price of $38.93 per share, with a total value of $1,949,147.24.
• On Wednesday, January 14th, Voss Capital, Lp acquired 41,034 shares of PAR Technology stock. The shares were purchased at an average cost 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 stock was acquired at an average cost of $34.56 per share, for a total transaction of $864,000.00.
• On Monday, January 5th, Voss Capital, Lp acquired 8,898 shares of PAR Technology stock. The stock was bought at an average price of $35.82 per share, for a total transaction of $318,726.36.
• On Wednesday, December 31st, Voss Capital, Lp bought 15,348 shares of PAR Technology stock. The shares were bought at an average price of $36.60 per share, with a total value of $561,736.80.
• On Tuesday, December 30th, Voss Capital, Lp purchased 146,789 shares of PAR Technology stock. The stock was bought at an average cost of $36.51 per share, for a total transaction of $5,359,266.39.

PAR Technology Price Performance

PAR Technology stock traded up $0.81 during mid-day trading on Thursday, hitting $19.48. 1,065,916 shares of the company were exchanged, compared to its average volume of 1,523,789. The company has a market capitalization of $801.60 million, a PE ratio of -9.37 and a beta of 1.36. The business has a fifty day moving average of $28.13 and a 200 day moving average of $35.65. PAR Technology Corporation has a 1-year low of $15.44 and a 1-year high of $72.15. The company has a quick ratio of 1.46, a current ratio of 1.66 and a debt-to-equity ratio of 0.45.

PAR Technology (NYSE:PAR) last announced its earnings results on Thursday, February 26th. The software maker reported $0.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $116.39 million. The company’s revenue for the quarter was up 14.4% compared to the same quarter last year. As a group, sell-side analysts expect that PAR Technology Corporation will post -1.47 earnings per share for the current year.

Key Stories 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

Wall Street Analyst Weigh In

PAR has been the topic of several research reports. BTIG Research cut their target price 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. Benchmark decreased their target price on shares of PAR Technology from $77.00 to $42.00 and set a “buy” rating for the company in a research note on Thursday. Stephens decreased their price objective on shares of PAR Technology from $60.00 to $45.00 and set an “overweight” rating for the company in a research report on Friday, February 27th. Needham & Company LLC cut their price objective 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. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of PAR Technology in a research note on Monday, December 29th. Five equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $36.00.

Hedge Funds Weigh In On PAR Technology

Hedge funds have recently bought and sold shares of the company. FNY Investment Advisers LLC bought a new stake in shares of PAR Technology during the third quarter valued at approximately $26,000. Aster Capital Management DIFC Ltd bought a new stake in PAR Technology during the 3rd quarter valued at $28,000. Huntington National Bank lifted its stake in shares of PAR Technology by 66.2% in the second quarter. Huntington National Bank now owns 437 shares of the software maker’s stock valued at $30,000 after buying an additional 174 shares in the last quarter. State of Wyoming acquired a new position in shares of PAR Technology during the fourth quarter valued at about $34,000. Finally, Kestra Advisory Services LLC purchased a new stake in shares of PAR Technology in the fourth quarter valued at about $35,000.

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.