PAR Technology Corporation (NYSE:PAR – Get Free Report) insider Cathy King sold 6,109 shares of the firm’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $17.49, for a total transaction of $106,846.41. Following the completion of the sale, the insider owned 58,143 shares in the company, valued at approximately $1,016,921.07. The trade was a 9.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
PAR Technology Price Performance
NYSE:PAR traded up $0.81 on Thursday, hitting $19.48. The company had a trading volume of 1,065,916 shares, compared to its average volume of 1,523,789. The firm has a 50 day moving average of $28.13 and a two-hundred day moving average of $35.65. The company has a current ratio of 1.66, a quick ratio of 1.46 and a debt-to-equity ratio of 0.45. PAR Technology Corporation has a 52 week low of $15.44 and a 52 week high of $72.15. The stock has a market capitalization of $801.60 million, a price-to-earnings ratio of -9.37 and a beta of 1.36.
PAR Technology (NYSE:PAR – Get Free Report) last posted its quarterly earnings data on Thursday, February 26th. The software maker reported $0.06 earnings per share for the quarter, beating 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 business had revenue of $120.10 million during the quarter, compared to the consensus estimate of $116.39 million. PAR Technology’s revenue was up 14.4% compared to the same quarter last year. On average, research analysts anticipate that PAR Technology Corporation will post -1.47 earnings per share for the current year.
PAR Technology News Roundup
- 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
Hedge Funds Weigh In On PAR Technology
Large investors have recently made changes to their positions in the business. FNY Investment Advisers LLC bought a new stake in shares of PAR Technology in the 3rd quarter worth $26,000. Aster Capital Management DIFC Ltd bought a new stake in shares of PAR Technology during the 3rd quarter valued at about $28,000. Huntington National Bank lifted its position in PAR Technology by 66.2% during the second quarter. Huntington National Bank now owns 437 shares of the software maker’s stock valued at $30,000 after purchasing an additional 174 shares in the last quarter. State of Wyoming purchased a new position in shares of PAR Technology in the fourth quarter valued at about $34,000. Finally, Kestra Advisory Services LLC bought a new position in shares of PAR Technology in the fourth quarter worth about $35,000.
Wall Street Analysts Forecast Growth
Several brokerages have recently issued reports on PAR. BTIG Research decreased their price target on shares of PAR Technology from $60.00 to $45.00 and set a “buy” rating for the company in a research note 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. The Goldman Sachs Group decreased their price target on shares of PAR Technology from $40.00 to $18.00 and set a “neutral” rating on the stock in a report on Tuesday. Benchmark reduced their target price on PAR Technology from $77.00 to $42.00 and set a “buy” rating for the company in a research report on Thursday. Finally, Stephens lowered their price target on PAR Technology from $60.00 to $45.00 and set an “overweight” rating on the stock in a report on Friday, February 27th. Five 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 stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $36.00.
Check Out Our Latest Stock Report on PAR Technology
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.
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