Insider Selling: PAR Technology (NYSE:PAR) CAO Sells $10,633.14 in Stock

PAR Technology Corporation (NYSE:PAR) CAO Michael Anthony Steenberge sold 582 shares of PAR Technology stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $18.27, for a total value of $10,633.14. Following the sale, the chief accounting officer directly owned 25,587 shares in the company, valued at approximately $467,474.49. This trade represents a 2.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Michael Anthony Steenberge also recently made the following trade(s):

• On Tuesday, March 3rd, Michael Anthony Steenberge sold 2,342 shares of PAR Technology stock. The stock was sold at an average price of $17.49, for a total value of $40,961.58.

PAR Technology Price Performance

Shares of NYSE:PAR opened at $19.17 on Friday. The business’s 50 day moving average is $27.76 and its 200-day moving average is $35.31. 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 firm has a market capitalization of $788.85 million, a PE 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.

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

Trending Headlines about PAR Technology

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.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on PAR. Stephens dropped their price target 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 lowered their price objective on PAR Technology from $55.00 to $30.00 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 for the company in a report on Thursday. Weiss Ratings restated a “sell (d-)” rating on shares of PAR Technology in a research report on Monday, December 29th. Finally, BTIG Research lowered their price target on PAR Technology from $60.00 to $45.00 and set a “buy” rating on the stock in a research report on Friday, February 27th. Five analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $36.00.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of PAR. FNY Investment Advisers LLC acquired a new position in shares of PAR Technology in the 3rd quarter worth approximately $26,000. Aster Capital Management DIFC Ltd bought a new position in PAR Technology in the 3rd quarter valued at $28,000. Huntington National Bank raised its position in PAR Technology by 66.2% in the 2nd quarter. Huntington National Bank now owns 437 shares of the software maker’s stock valued at $30,000 after purchasing an additional 174 shares during the last quarter. State of Wyoming acquired a new position in PAR Technology in the fourth quarter worth $34,000. Finally, Kestra Advisory Services LLC acquired a new position in PAR Technology in the fourth quarter worth $35,000.

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.