PAR Technology (NYSE:PAR) Insider Cathy King Sells 6,109 Shares

PAR Technology Corporation (NYSE:PAR) insider Cathy King sold 6,109 shares of the stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $17.49, for a total transaction of $106,846.41. Following the transaction, the insider owned 58,143 shares in the company, valued at $1,016,921.07. This trade represents a 9.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

PAR Technology Stock Performance

Shares of NYSE PAR traded up $0.81 during midday trading on Thursday, reaching $19.48. 1,065,916 shares of the company traded hands, compared to its average volume of 1,523,789. The stock has a 50-day moving average price of $28.13 and a 200 day moving average price of $35.65. The company has a market cap of $801.60 million, a price-to-earnings ratio of -9.37 and a beta of 1.36. PAR Technology Corporation has a 52 week low of $15.44 and a 52 week high of $72.15. 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 (NYSE:PAR) last issued its quarterly earnings results on Thursday, February 26th. The software maker reported $0.06 EPS for the quarter, topping the consensus estimate of ($0.10) by $0.16. The firm had revenue of $120.10 million for the quarter, compared to analysts’ expectations of $116.39 million. PAR Technology had a negative net margin of 18.54% and a negative return on equity of 2.32%. PAR Technology’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 earnings per share for the current fiscal year.

Trending Headlines about PAR Technology

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 Inflows and Outflows

Hedge funds have recently modified their holdings of the company. MidFirst Bank acquired a new position in shares of PAR Technology during the 4th quarter worth about $113,000. T. Rowe Price Investment Management Inc. increased its position in PAR Technology by 3.5% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 5,916,459 shares of the software maker’s stock worth $214,650,000 after buying an additional 201,782 shares during the last quarter. Invesco Ltd. raised its stake in PAR Technology by 17.3% in the fourth quarter. Invesco Ltd. now owns 44,255 shares of the software maker’s stock valued at $1,606,000 after buying an additional 6,519 shares during the period. Corient Private Wealth LLC boosted its holdings in shares of PAR Technology by 78.3% in the 4th quarter. Corient Private Wealth LLC now owns 76,097 shares of the software maker’s stock valued at $2,761,000 after purchasing an additional 33,407 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV bought a new position in shares of PAR Technology in the 4th quarter valued at $235,000.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. Benchmark reduced their price target on PAR Technology from $77.00 to $42.00 and set a “buy” rating for the company in a research report on Thursday. The Goldman Sachs Group dropped their price objective on PAR Technology from $40.00 to $18.00 and set a “neutral” rating on the stock in a research note on Tuesday. Needham & Company LLC decreased their price objective on PAR Technology from $55.00 to $30.00 and set a “buy” rating on the stock in a report on Friday, February 27th. Weiss Ratings restated a “sell (d-)” rating on shares of PAR Technology in a research report on Monday, December 29th. Finally, Stephens reduced their price target on shares of PAR Technology from $60.00 to $45.00 and set an “overweight” rating on the stock in a research report on Friday, February 27th. Five analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $36.00.

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.