PAR Technology (NYSE:PAR) Major Shareholder Purchases $56,036.98 in Stock

Key Points

• Voss Capital now owns ~13.2% of PAR after multiple purchases in January–February (most recently 2,138 shares at $26.21), bringing its holding to about 3,892,138 shares valued near $102M and prompting an activist push for a strategic review that raises takeover/recapitalization expectations.
• Significant insider selling (CEO sold 57,605 and 14,310 shares on Mar 3–4, with additional CFO sales) could weigh on sentiment despite the activist buying.
• PAR beat quarterly EPS and revenue estimates with revenue up 14.4%, but remains unprofitable with negative net margins and analysts have cut price targets even as the consensus rating is a "Moderate Buy" (average target ~$36).

PAR Technology Corporation (NYSE:PAR - Get Free Report) major shareholder Voss Capital, Lp bought 2,138 shares of PAR Technology stock in a transaction on Friday, January 30th. The stock was acquired at an average price of $26.21 per share, for a total transaction of $56,036.98. Following the purchase, the insider owned 3,892,138 shares of the company's stock, valued at approximately $102,012,936.98. This trade represents a 0.05% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible 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 purchased 65,100 shares of PAR Technology stock. The stock was bought at an average price of $22.44 per share, for a total transaction of $1,460,844.00.
• On Tuesday, February 3rd, Voss Capital, Lp acquired 182,862 shares of PAR Technology stock. The stock was acquired at an average cost of $22.89 per share, with a total value of $4,185,711.18.
• On Tuesday, January 27th, Voss Capital, Lp bought 175,000 shares of PAR Technology stock. The shares were bought at an average cost of $29.12 per share, for a total transaction of $5,096,000.00.
• On Friday, January 23rd, Voss Capital, Lp purchased 10,000 shares of PAR Technology stock. The stock was bought at an average price of $31.71 per share, for a total transaction of $317,100.00.
• On Thursday, January 15th, Voss Capital, Lp purchased 50,068 shares of PAR Technology stock. The stock was bought 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 shares were bought at an average price of $39.10 per share, with a total value of $1,604,429.40.
• On Tuesday, January 6th, Voss Capital, Lp bought 25,000 shares of PAR Technology stock. The stock was 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 acquired 8,898 shares of PAR Technology stock. The stock was purchased at an average cost of $35.82 per share, for a total transaction of $318,726.36.
• On Wednesday, December 31st, Voss Capital, Lp acquired 15,348 shares of PAR Technology stock. The stock was acquired at an average cost of $36.60 per share, for a total transaction of $561,736.80.
• On Tuesday, December 30th, Voss Capital, Lp acquired 146,789 shares of PAR Technology stock. The shares were bought at an average cost of $36.51 per share, for a total transaction of $5,359,266.39.

PAR Technology Price Performance

Shares of 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. PAR Technology Corporation has a 12-month low of $15.44 and a 12-month 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 company has a debt-to-equity ratio of 0.45, a quick ratio of 1.46 and a current ratio of 1.66. The business's 50 day simple moving average is $28.13 and its 200 day simple moving average is $35.65.

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 (EPS) for the quarter, beating analysts' consensus estimates of ($0.10) by $0.16. The business had revenue of $120.10 million during the quarter, compared to analyst estimates of $116.39 million. PAR Technology had a negative return on equity of 2.32% and a negative net margin of 18.54%.The firm's revenue for the quarter was up 14.4% compared to the same quarter last year. On average, analysts forecast that PAR Technology Corporation will post -1.47 EPS for the current year.

Institutional Trading of PAR Technology

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

More PAR Technology News

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

Analyst Upgrades and Downgrades

A number of research firms have commented on PAR. Stephens decreased their price target on PAR Technology from $60.00 to $45.00 and set an "overweight" rating on the stock in a research note on Friday, February 27th. BTIG Research cut their target price on PAR Technology from $60.00 to $45.00 and set a "buy" rating on the stock in a research report on Friday, February 27th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of PAR Technology in a research report on Monday, December 29th. Needham & Company LLC decreased their target price on PAR Technology from $55.00 to $30.00 and set a "buy" rating for the company in a research report on Friday, February 27th. Finally, Benchmark reduced their price target on shares of PAR Technology from $77.00 to $42.00 and set a "buy" rating for the company in a research report on Thursday. Five investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, PAR Technology has an average 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.

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