PAR Technology (NYSE:PAR) CAO Michael Anthony Steenberge Sells 582 Shares

PAR Technology Corporation (NYSE:PAR) CAO Michael Anthony Steenberge sold 582 shares of the business’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $18.27, for a total value of $10,633.14. Following the sale, the chief accounting officer owned 25,587 shares in the company, valued at approximately $467,474.49. The trade was a 2.22% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

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 Stock Performance

NYSE:PAR traded up $0.81 during midday trading on Thursday, hitting $19.48. The company’s stock had a trading volume of 1,065,916 shares, compared to its average volume of 1,523,789. The firm has a market cap of $801.60 million, a P/E ratio of -9.37 and a beta of 1.36. PAR Technology Corporation has a fifty-two week low of $15.44 and a fifty-two week high of $72.15. The firm’s 50 day moving average is $28.13 and its 200-day moving average is $35.65. 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 announced its quarterly earnings results on Thursday, February 26th. The software maker reported $0.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.16. PAR Technology had a negative return on equity of 2.32% and a negative net margin of 18.54%.The company had revenue of $120.10 million during the quarter, compared to the consensus estimate of $116.39 million. The firm’s revenue was up 14.4% compared to the same quarter last year. Equities analysts anticipate that PAR Technology Corporation will post -1.47 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have issued reports on PAR shares. Needham & Company LLC decreased their price objective on shares of 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 reaffirmed a “sell (d-)” rating on shares of PAR Technology in a research note on Monday, December 29th. BTIG Research cut their price objective on PAR Technology from $60.00 to $45.00 and set a “buy” rating for the company in a research note on Friday, February 27th. The Goldman Sachs Group reduced their target price on PAR Technology from $40.00 to $18.00 and set a “neutral” rating for the company in a report on Tuesday. Finally, Benchmark lowered their price target on PAR Technology from $77.00 to $42.00 and set a “buy” rating on the stock in a research note on Thursday. Five investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $36.00.

PAR Technology News Summary

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

Hedge Funds Weigh In On PAR Technology

Institutional investors have recently added to or reduced their stakes in the stock. FNY Investment Advisers LLC acquired a new position in shares of PAR Technology during the 3rd quarter valued at about $26,000. Aster Capital Management DIFC Ltd purchased a new position in PAR Technology during the third quarter worth about $28,000. Huntington National Bank boosted its holdings 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 purchased a new stake in shares of PAR Technology in the 4th quarter valued at approximately $34,000. Finally, Kestra Advisory Services LLC purchased a new stake in shares of PAR Technology in the 4th quarter valued at approximately $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.