PAR Technology (NYSE:PAR) Insider Cathy King Sells 6,109 Shares

PAR Technology Corporation (NYSE:PAR) insider Cathy King sold 6,109 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $17.49, for a total value of $106,846.41. Following the completion of the sale, the insider directly owned 58,143 shares of the company’s stock, valued at approximately $1,016,921.07. This represents a 9.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

PAR Technology Stock Down 3.9%

NYSE PAR traded down $0.76 on Friday, hitting $18.76. 490,642 shares of the stock traded hands, compared to its average volume of 1,378,240. The company has a current ratio of 1.66, a quick ratio of 1.46 and a debt-to-equity ratio of 0.45. The stock has a 50-day moving average of $28.13 and a 200 day moving average of $35.65. PAR Technology Corporation has a twelve month low of $15.44 and a twelve month high of $72.15. The company has a market capitalization of $771.97 million, a P/E ratio of -9.02 and a beta of 1.36.

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

Wall Street Analyst Weigh In

A number of brokerages have issued reports on PAR. Needham & Company LLC cut their target price on shares of PAR Technology from $55.00 to $30.00 and set a “buy” rating on the stock in a report on Friday, February 27th. Weiss Ratings reiterated a “sell (d-)” rating on shares of PAR Technology in a research report on Monday, December 29th. The Goldman Sachs Group reduced their price objective on PAR Technology from $40.00 to $18.00 and set a “neutral” rating for the company in a research report on Tuesday. Stephens lowered their price objective on PAR Technology from $60.00 to $45.00 and set an “overweight” rating for the company in a research note on Friday, February 27th. Finally, 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. 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. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $36.00.

Key Headlines Impacting PAR Technology

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

• Positive Sentiment: Voss Capital bought a material stake (multiple disclosed purchases totaling roughly $14.6M recently), increasing its position to ~4.14M shares — a strong signal of institutional conviction that can support the stock. Voss Capital buys PAR Technology (PAR) shares worth $14.6 million
• Positive Sentiment: Unusually large call‑option flow was reported (a multi‑hundred percent spike in call volume), indicating short‑term speculative bullish positioning and potential dealer hedging flows that can lift the share price in the near term.
• Neutral Sentiment: SEC disclosures show Voss’s purchases occurred across several dates and price levels (from mid‑$30s down into the low‑$20s), bringing context to the scale and average price of the stake but not guaranteeing future buys. Voss Capital SEC filing
• Neutral Sentiment: Fundamentals: PAR reported an EPS beat and +14.4% y/y revenue growth for the most recent quarter — supportive for medium‑term valuations but possibly already priced in. (Company earnings released Feb. 26.)
• Neutral Sentiment: Analyst landscape is mixed: several firms lowered targets (some steep cuts) while consensus remains a “Moderate Buy” with a ~$36 target — implies differing views on upside vs. risk.
• Negative Sentiment: Significant insider selling: CEO Savneet Singh (sold 57,605 shares on Mar 3 and additional shares Mar 4), CFO Bryan Menar, CAO Michael Steenberge and director Cathy King sold multiple blocks around $17–$18. Executive selling at these levels is pressuring sentiment and likely the primary driver of today’s pullback. Relevant SEC filings: CEO filings CFO filings CAO filings Director filings

Institutional Trading of PAR Technology

Large investors have recently added to or reduced their stakes in the business. FNY Investment Advisers LLC acquired a new position in PAR Technology during the 3rd quarter worth $26,000. Aster Capital Management DIFC Ltd bought a new stake in shares of PAR Technology during the third quarter valued at about $28,000. Huntington National Bank raised its stake in shares of 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 acquired a new stake in PAR Technology in the fourth quarter worth about $34,000. Finally, Kestra Advisory Services LLC bought a new position in PAR Technology in the 4th 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.