PAR Technology (NYSE:PAR) Major Shareholder Purchases 175,000 Shares

Key Points

• Voss Capital purchased 175,000 PAR shares on Jan. 27 at $29.12, increasing its direct stake to 3,890,000 shares—roughly 13.2% of the company—after multiple buys across January–February.
• Voss Capital has urged the board to undertake a strategic review, raising expectations of a potential sale or other value‑unlocking transaction and signaling activist pressure on management.
• PAR posted an earnings beat (EPS $0.06) with revenue up 14.4% year‑over‑year, but analyst price‑target cuts and recent insider sales by the CEO/CFO have created mixed sentiment around the stock.

PAR Technology Corporation (NYSE:PAR - Get Free Report) major shareholder Voss Capital, Lp bought 175,000 shares of the business's stock in a transaction dated Tuesday, January 27th. The stock was purchased at an average price of $29.12 per share, for a total transaction of $5,096,000.00. Following the acquisition, the insider directly owned 3,890,000 shares of the company's stock, valued at approximately $113,276,800. The trade was a 4.71% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Large shareholders that own more than 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 acquired 65,100 shares of PAR Technology stock. The shares were bought at an average price of $22.44 per share, with a total value of $1,460,844.00.
• On Tuesday, February 3rd, Voss Capital, Lp purchased 182,862 shares of PAR Technology stock. The stock was bought 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 acquired 2,138 shares of PAR Technology stock. The stock was purchased at an average price of $26.21 per share, with a total value of $56,036.98.
• On Friday, January 23rd, Voss Capital, Lp purchased 10,000 shares of PAR Technology stock. The shares were purchased at an average cost of $31.71 per share, for a total transaction of $317,100.00.
• On Thursday, January 15th, Voss Capital, Lp bought 50,068 shares of PAR Technology stock. The stock was purchased at an average cost of $38.93 per share, with a total value of $1,949,147.24.
• On Wednesday, January 14th, Voss Capital, Lp acquired 41,034 shares of PAR Technology stock. The stock was acquired at an average cost of $39.10 per share, with a total value of $1,604,429.40.
• On Tuesday, January 6th, Voss Capital, Lp acquired 25,000 shares of PAR Technology stock. The shares were bought at an average price of $34.56 per share, for a total transaction of $864,000.00.
• On Monday, January 5th, Voss Capital, Lp purchased 8,898 shares of PAR Technology stock. The shares were bought at an average price of $35.82 per share, for a total transaction of $318,726.36.
• On Wednesday, December 31st, Voss Capital, Lp bought 15,348 shares of PAR Technology stock. The stock was purchased at an average price of $36.60 per share, with a total value of $561,736.80.
• On Tuesday, December 30th, Voss Capital, Lp acquired 146,789 shares of PAR Technology stock. The stock was purchased at an average cost of $36.51 per share, with a total value of $5,359,266.39.

PAR Technology Trading Up 4.3%

PAR traded up $0.81 on Thursday, reaching $19.48. 1,065,916 shares of the company traded hands, compared to its average volume of 1,523,789. PAR Technology Corporation has a one year low of $15.44 and a one year high of $72.15. The company has a market cap of $801.60 million, a P/E ratio of -9.37 and a beta of 1.36. The firm has a fifty day simple moving average of $28.13 and a two-hundred day simple moving average of $35.65. 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 (NYSE:PAR - Get Free Report) last issued its earnings results on Thursday, February 26th. The software maker reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.10) by $0.16. The company 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 was up 14.4% on a year-over-year basis. As a group, equities research analysts expect that PAR Technology Corporation will post -1.47 earnings per share for the current year.

Analysts Set New Price Targets

PAR has been the topic of a number of research reports. 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. Stephens cut their price objective on shares of PAR Technology from $60.00 to $45.00 and set an "overweight" rating for the company in a report on Friday, February 27th. Benchmark lowered their price objective on PAR Technology from $77.00 to $42.00 and set a "buy" rating on the stock in a research note on Thursday. Finally, The Goldman Sachs Group lowered their target price on shares of PAR Technology from $40.00 to $18.00 and set a "neutral" rating for the company in a research note on Tuesday. Five analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, PAR Technology presently has a consensus rating of "Moderate Buy" and an average price target of $36.00.

Key Headlines Impacting 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

Hedge Funds Weigh In On PAR Technology

A number of large investors have recently made changes to their positions in PAR. Huntington National Bank grew its holdings in PAR Technology by 66.2% in the second 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. Advisors Asset Management Inc. grew its holdings in shares of PAR Technology by 68.6% during the 2nd quarter. Advisors Asset Management Inc. now owns 563 shares of the software maker's stock worth $39,000 after purchasing an additional 229 shares during the period. ProShare Advisors LLC boosted its stake in shares of PAR Technology by 6.9% in the fourth quarter. ProShare Advisors LLC now owns 7,330 shares of the software maker's stock valued at $266,000 after purchasing an additional 471 shares during the period. SkyView Investment Advisors LLC grew its stake in PAR Technology by 3.3% during the 2nd quarter. SkyView Investment Advisors LLC now owns 16,915 shares of the software maker's stock valued at $1,153,000 after purchasing an additional 548 shares in the last quarter. Finally, Ameritas Investment Partners Inc. lifted its holdings in PAR Technology by 16.4% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 4,095 shares of the software maker's stock worth $284,000 after buying an additional 577 shares during the last quarter.

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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