PAR Technology (NYSE:PAR) Major Shareholder Acquires $1,949,147.24 in Stock

PAR Technology Corporation (NYSE:PAR) major shareholder Voss Capital, Lp purchased 50,068 shares of the company’s stock in a transaction that occurred on Thursday, January 15th. The stock was bought at an average cost of $38.93 per share, for a total transaction of $1,949,147.24. Following the purchase, the insider directly owned 3,705,000 shares in the company, valued at $144,235,650. This represents a 1.37% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions 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 shares were bought at an average price of $22.44 per share, for a total transaction of $1,460,844.00.
• On Tuesday, February 3rd, Voss Capital, Lp bought 182,862 shares of PAR Technology stock. The stock was purchased at an average price of $22.89 per share, with a total value of $4,185,711.18.
• On Friday, January 30th, Voss Capital, Lp bought 2,138 shares of PAR Technology stock. The stock was purchased at an average cost of $26.21 per share, for a total transaction of $56,036.98.
• On Tuesday, January 27th, Voss Capital, Lp purchased 175,000 shares of PAR Technology stock. The shares were purchased at an average price of $29.12 per share, for a total transaction of $5,096,000.00.
• On Friday, January 23rd, Voss Capital, Lp purchased 10,000 shares of PAR Technology stock. The stock was purchased at an average price of $31.71 per share, with a total value of $317,100.00.
• On Wednesday, January 14th, Voss Capital, Lp acquired 41,034 shares of PAR Technology stock. The stock was 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 bought 25,000 shares of PAR Technology stock. The shares were purchased at an average cost of $34.56 per share, for a total transaction of $864,000.00.
• On Monday, January 5th, Voss Capital, Lp bought 8,898 shares of PAR Technology stock. The stock was acquired at an average price of $35.82 per share, with a total value of $318,726.36.
• On Wednesday, December 31st, Voss Capital, Lp bought 15,348 shares of PAR Technology stock. The stock was acquired at an average cost 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 shares were acquired at an average cost of $36.51 per share, for a total transaction of $5,359,266.39.

PAR Technology Stock Up 4.3%

PAR Technology stock traded up $0.81 during mid-day trading on Thursday, hitting $19.48. The company’s stock had a trading volume of 1,065,916 shares, compared to its average volume of 1,523,789. PAR Technology Corporation has a 52-week low of $15.44 and a 52-week high of $72.15. The company has a market cap of $801.60 million, a PE ratio of -9.37 and a beta of 1.36. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.66 and a quick ratio of 1.46. The firm’s 50 day moving average is $28.13 and its 200 day moving average is $35.65.

PAR Technology (NYSE:PAR) last issued its earnings results 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. The company had revenue of $120.10 million for the quarter, compared to the consensus estimate of $116.39 million. PAR Technology had a negative return on equity of 2.32% and a negative net margin of 18.54%.The business’s quarterly revenue was up 14.4% compared to the same quarter last year. On average, analysts anticipate that PAR Technology Corporation will post -1.47 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on PAR shares. BTIG Research dropped their price target on shares of 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 dropped their target price on PAR Technology from $77.00 to $42.00 and set a “buy” rating on the stock in a research report on Thursday. Weiss Ratings reiterated a “sell (d-)” rating on shares of PAR Technology in a report on Monday, December 29th. Stephens lowered their price target 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, The Goldman Sachs Group cut their price objective on shares of PAR Technology from $40.00 to $18.00 and set a “neutral” rating on the stock in a research report on Tuesday. Five 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 MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $36.00.

Key PAR Technology News

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

Institutional Trading of PAR Technology

Several hedge funds have recently added to or reduced their stakes in the business. T. Rowe Price Investment Management Inc. boosted its stake in PAR Technology by 3.5% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 5,916,459 shares of the software maker’s stock valued at $214,650,000 after purchasing an additional 201,782 shares during the period. Vanguard Group Inc. increased its position in PAR Technology by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 3,304,052 shares of the software maker’s stock worth $119,871,000 after buying an additional 12,250 shares during the period. Capital Research Global Investors lifted its holdings in shares of PAR Technology by 17.3% during the third quarter. Capital Research Global Investors now owns 3,237,004 shares of the software maker’s stock worth $128,121,000 after buying an additional 476,839 shares during the last quarter. Progeny 3 Inc. boosted its position in shares of PAR Technology by 18.7% in the fourth quarter. Progeny 3 Inc. now owns 2,056,308 shares of the software maker’s stock valued at $74,603,000 after acquiring an additional 323,990 shares during the period. Finally, Invesco Ltd. boosted its position in shares of PAR Technology by 24.1% in the second quarter. Invesco Ltd. now owns 1,877,239 shares of the software maker’s stock valued at $130,224,000 after acquiring an additional 364,892 shares during the period.

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.