PAR Technology Corporation (NYSE:PAR – Get Free Report) insider Cathy King sold 1,517 shares of the firm’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $18.27, for a total value of $27,715.59. Following the completion of the sale, the insider directly owned 56,626 shares in the company, valued at $1,034,557.02. The trade was a 2.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
PAR Technology Stock Down 1.8%
Shares of NYSE:PAR opened at $19.17 on Friday. The stock’s 50-day moving average is $27.76 and its 200 day moving average is $35.31. The company has a market cap of $788.85 million, a PE ratio of -9.22 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. PAR Technology Corporation has a 1 year low of $15.44 and a 1 year high of $72.15.
PAR Technology (NYSE:PAR – Get Free Report) last released its quarterly earnings data on Thursday, February 26th. The software maker reported $0.06 earnings per share for the quarter, topping the consensus estimate of ($0.10) by $0.16. The business had revenue of $120.10 million during the quarter, compared to analysts’ expectations 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 revenue for the quarter was up 14.4% on a year-over-year basis. Sell-side analysts anticipate that PAR Technology Corporation will post -1.47 EPS for the current year.
Key PAR Technology News
- 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 analysts recently weighed in on the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of PAR Technology in a report on Monday, December 29th. Needham & Company LLC decreased their price objective on shares of PAR Technology from $55.00 to $30.00 and set a “buy” rating for the company in a report on Friday, February 27th. Stephens dropped their target price 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. Benchmark cut their target price on shares of PAR Technology from $77.00 to $42.00 and set a “buy” rating on the stock in a research note on Thursday. Finally, The Goldman Sachs Group decreased their price target on shares of PAR Technology from $40.00 to $18.00 and set a “neutral” rating for the company in a research note on Tuesday, March 3rd. Five equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $36.00.
View Our Latest Research Report on PAR Technology
Institutional Investors Weigh In On PAR Technology
Several hedge funds and other institutional investors have recently added to or reduced their stakes in PAR. FNY Investment Advisers LLC bought a new position in PAR Technology in the third quarter worth $26,000. Aster Capital Management DIFC Ltd bought a new stake in shares of PAR Technology during the 3rd quarter valued at $28,000. Huntington National Bank boosted its holdings in shares of PAR Technology by 66.2% during the 2nd 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 purchased a new stake in shares of PAR Technology in the 4th quarter worth about $34,000. Finally, Kestra Advisory Services LLC purchased a new stake in shares of PAR Technology in the 4th quarter worth 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.
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