Par Technology Director James A. Simms Unloads 2,061 Shares (PAR)
Par Technology (NYSE:PAR) Director James A. Simms sold 2,061 shares of the company’s stock on the open market in a transaction that occurred on Friday, June 13th. The shares were sold at an average price of $4.21, for a total value of $8,676.81. Following the completion of the transaction, the director now directly owns 38,439 shares in the company, valued at approximately $161,828. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Separately, analysts at TheStreet downgraded shares of Par Technology from a “hold” rating to a “sell” rating in a research note on Tuesday, June 3rd.
Shares of Par Technology (NYSE:PAR) opened at 4.34 on Wednesday. Par Technology has a 52-week low of $3.93 and a 52-week high of $5.92. The stock has a 50-day moving average of $4.5 and a 200-day moving average of $5.00. The company’s market cap is $67.3 million.
Par Technology (NYSE:PAR) last issued its quarterly earnings data on Thursday, May 1st. The company reported ($0.06) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.02 by $0.08.
PAR Technology Corporation (NYSE:PAR) conducts business in two business segments: Hospitality and Government.
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