John W. Sammon, Jr. Sells 500 Shares of PAR Technology Co. (NYSE:PAR) Stock
PAR Technology Co. (NYSE:PAR) Director John W. Sammon, Jr. sold 500 shares of the stock in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of $23.27, for a total transaction of $11,635.00. Following the completion of the sale, the director now owns 2,502,614 shares in the company, valued at $58,235,827.78. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.
Shares of NYSE:PAR traded down $0.25 during mid-day trading on Friday, reaching $22.73. The stock had a trading volume of 301,443 shares, compared to its average volume of 219,026. The firm has a market cap of $375.56 million, a PE ratio of -73.32 and a beta of -0.20. The firm has a 50 day simple moving average of $23.93 and a two-hundred day simple moving average of $25.25. The company has a current ratio of 3.76, a quick ratio of 3.09 and a debt-to-equity ratio of 1.10. PAR Technology Co. has a twelve month low of $15.22 and a twelve month high of $29.77.
PAR Technology (NYSE:PAR) last announced its quarterly earnings results on Tuesday, August 6th. The software maker reported ($0.18) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.06). The firm had revenue of $44.25 million during the quarter, compared to analyst estimates of $48.05 million. PAR Technology had a negative net margin of 14.68% and a negative return on equity of 19.16%. On average, equities analysts anticipate that PAR Technology Co. will post -0.72 EPS for the current fiscal year.
A number of hedge funds have recently made changes to their positions in the business. Northern Trust Corp raised its holdings in PAR Technology by 0.5% during the 2nd quarter. Northern Trust Corp now owns 146,739 shares of the software maker’s stock worth $4,138,000 after buying an additional 761 shares during the period. Bank of Montreal Can acquired a new stake in PAR Technology during the 2nd quarter worth approximately $28,000. Charles Schwab Investment Management Inc. raised its holdings in PAR Technology by 4.2% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 27,178 shares of the software maker’s stock worth $767,000 after buying an additional 1,099 shares during the period. Steward Partners Investment Advisory LLC acquired a new stake in PAR Technology during the 2nd quarter worth approximately $47,000. Finally, Royal Bank of Canada acquired a new stake in PAR Technology during the 2nd quarter worth approximately $56,000. Hedge funds and other institutional investors own 51.63% of the company’s stock.
PAR Technology Company Profile
PAR Technology Corporation, together with its subsidiaries, provides management technology solutions worldwide. The company operates through two segments, Restaurant/Retail and Government. The Restaurant/Retail segment offers point-of-sale (POS) technology solutions, including cloud-based, software-as-a-service Brink and on-premise POS PixelPoint solutions, and its POS hardware platforms, as well as installation, technical, and maintenance support services.
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