PAR Technology Corporation (NYSE:PAR – Get Free Report) major shareholder Voss Capital, Lp acquired 50,068 shares of PAR Technology stock in a transaction dated Thursday, January 15th. The stock was purchased at an average cost of $38.93 per share, with a total value of $1,949,147.24. Following the completion of the purchase, the insider owned 3,705,000 shares of the company’s stock, valued at approximately $144,235,650. This represents a 1.37% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
Voss Capital, Lp also recently made the following trade(s):
- On Wednesday, February 4th, Voss Capital, Lp bought 65,100 shares of PAR Technology stock. The shares were purchased 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 cost of $22.89 per share, with a total value of $4,185,711.18.
- On Friday, January 30th, Voss Capital, Lp purchased 2,138 shares of PAR Technology stock. The stock was acquired at an average price of $26.21 per share, with a total value of $56,036.98.
- On Tuesday, January 27th, Voss Capital, Lp acquired 175,000 shares of PAR Technology stock. The stock was acquired 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 bought 10,000 shares of PAR Technology stock. The shares were acquired 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 shares were bought at an average price of $39.10 per share, for a total transaction of $1,604,429.40.
- On Tuesday, January 6th, Voss Capital, Lp bought 25,000 shares of PAR Technology stock. The stock was bought 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 shares were bought at an average price of $35.82 per share, with a total value of $318,726.36.
- On Wednesday, December 31st, Voss Capital, Lp purchased 15,348 shares of PAR Technology stock. The stock was bought at an average price of $36.60 per share, for a total transaction of $561,736.80.
- On Tuesday, December 30th, Voss Capital, Lp purchased 146,789 shares of PAR Technology stock. The stock was bought at an average price of $36.51 per share, for a total transaction of $5,359,266.39.
PAR Technology Stock Down 1.8%
PAR opened at $19.17 on Friday. The company has a market capitalization of $788.85 million, a PE ratio of -9.22 and a beta of 1.36. The firm has a 50-day simple moving average of $27.76 and a two-hundred day simple moving average of $35.42. The company has a quick ratio of 1.46, a current ratio of 1.66 and a debt-to-equity ratio of 0.45. PAR Technology Corporation has a 52 week low of $15.44 and a 52 week high of $72.15.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the company. Huntington National Bank lifted its holdings in shares of PAR Technology by 66.2% in the 2nd quarter. Huntington National Bank now owns 437 shares of the software maker’s stock worth $30,000 after acquiring an additional 174 shares during the last quarter. Advisors Asset Management Inc. grew its holdings in PAR Technology by 68.6% during the 2nd quarter. Advisors Asset Management Inc. now owns 563 shares of the software maker’s stock valued at $39,000 after purchasing an additional 229 shares during the last quarter. ProShare Advisors LLC raised its position in PAR Technology by 6.9% in the 4th quarter. ProShare Advisors LLC now owns 7,330 shares of the software maker’s stock worth $266,000 after purchasing an additional 471 shares during the period. SkyView Investment Advisors LLC raised its position in PAR Technology by 3.3% in the 2nd quarter. SkyView Investment Advisors LLC now owns 16,915 shares of the software maker’s stock worth $1,153,000 after purchasing an additional 548 shares during the period. Finally, Ameritas Investment Partners Inc. lifted its stake in PAR Technology by 16.4% in the second quarter. Ameritas Investment Partners Inc. now owns 4,095 shares of the software maker’s stock worth $284,000 after purchasing an additional 577 shares during the last quarter.
Analyst Upgrades and Downgrades
PAR has been the subject of a number of recent research reports. Needham & Company LLC cut their target price 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. BTIG Research lowered their price objective on shares of PAR Technology from $60.00 to $45.00 and set a “buy” rating for the company in a research report on Friday, February 27th. Stephens dropped their price objective on shares of PAR Technology from $60.00 to $45.00 and set an “overweight” rating for the company in a research note on Friday, February 27th. Benchmark decreased 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 report on Thursday. Finally, The Goldman Sachs Group lowered their price target on shares of PAR Technology from $40.00 to $18.00 and set a “neutral” rating for the company in a report on Tuesday. Five equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, PAR Technology has an average rating of “Moderate Buy” and an average target price of $36.00.
Get Our Latest Report on PAR Technology
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.
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.
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