PAR Technology Corporation (NYSE:PAR – Get Free Report) CFO Bryan Menar sold 6,588 shares of the firm’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $17.49, for a total transaction of $115,224.12. Following the completion of the transaction, the chief financial officer directly owned 64,893 shares in the company, valued at approximately $1,134,978.57. The trade was a 9.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
PAR Technology Price Performance
PAR opened at $19.17 on Friday. The company has a fifty day moving average price of $27.76 and a two-hundred day moving average price of $35.42. The firm has a market capitalization of $788.85 million, a PE ratio of -9.22 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 quick ratio of 1.46 and a current ratio of 1.66.
PAR Technology (NYSE:PAR – Get Free Report) last posted its quarterly earnings results on Thursday, February 26th. The software maker reported $0.06 earnings per share 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 for the quarter, compared to the consensus estimate of $116.39 million. The business’s revenue for the quarter was up 14.4% on a year-over-year basis. As a group, analysts anticipate that PAR Technology Corporation will post -1.47 earnings per share for the current year.
Institutional Inflows and Outflows
Key Headlines Impacting 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.
Wall Street Analysts Forecast Growth
A number of brokerages have issued reports on PAR. Stephens reduced their target price on PAR Technology from $60.00 to $45.00 and set an “overweight” rating on the stock in a report on Friday, February 27th. The Goldman Sachs Group lowered their price target on PAR Technology from $40.00 to $18.00 and set a “neutral” rating for the company in a research note on Tuesday. Needham & Company LLC cut their price target on shares of PAR Technology from $55.00 to $30.00 and set a “buy” rating on the stock in a research report on Friday, February 27th. BTIG Research decreased their price objective on shares of PAR Technology from $60.00 to $45.00 and set a “buy” rating for the company in a report on Friday, February 27th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of PAR Technology in a research note on Monday, December 29th. Five investment 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. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $36.00.
Get Our Latest Research Report on PAR Technology
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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