PAR Technology (NYSE:PAR) CFO Bryan Menar Sells 1,636 Shares

by · The Cerbat Gem

PAR Technology Corporation (NYSE:PARGet Free Report) CFO Bryan Menar sold 1,636 shares of the firm’s stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $18.27, for a total value of $29,889.72. Following the completion of the transaction, the chief financial officer directly owned 63,257 shares of the company’s stock, valued at $1,155,705.39. The trade was a 2.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

PAR Technology Price Performance

PAR Technology stock traded up $0.81 during trading hours on Thursday, hitting $19.48. The stock had a trading volume of 1,065,916 shares, compared to its average volume of 1,523,789. PAR Technology Corporation has a 1-year low of $15.44 and a 1-year high of $72.15. The stock has a market capitalization of $801.60 million, a price-to-earnings ratio of -9.37 and a beta of 1.36. The stock’s fifty day moving average is $28.13 and its two-hundred 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:PARGet Free Report) last released its quarterly earnings data on Thursday, February 26th. The software maker reported $0.06 EPS for the quarter, topping the consensus estimate of ($0.10) by $0.16. PAR Technology had a negative net margin of 18.54% and a negative return on equity of 2.32%. The business had revenue of $120.10 million for the quarter, compared to analyst estimates of $116.39 million. PAR Technology’s quarterly revenue was up 14.4% compared to the same quarter last year. As a group, analysts predict that PAR Technology Corporation will post -1.47 earnings per share for the current fiscal year.

Institutional Investors Weigh In On PAR Technology

Hedge funds and other institutional investors have recently made changes to their positions in the business. Stephens Investment Management Group LLC lifted its position in PAR Technology by 54.4% during the third quarter. Stephens Investment Management Group LLC now owns 158,959 shares of the software maker’s stock worth $6,292,000 after buying an additional 56,036 shares during the period. Geode Capital Management LLC increased its stake in shares of PAR Technology by 13.2% during the 2nd quarter. Geode Capital Management LLC now owns 942,503 shares of the software maker’s stock valued at $65,389,000 after acquiring an additional 110,160 shares during the last quarter. Invesco Ltd. lifted its holdings in shares of PAR Technology by 24.1% during the 2nd quarter. Invesco Ltd. now owns 1,877,239 shares of the software maker’s stock worth $130,224,000 after acquiring an additional 364,892 shares during the period. AXA S.A. lifted its holdings in shares of PAR Technology by 360.1% during the 2nd quarter. AXA S.A. now owns 298,985 shares of the software maker’s stock worth $20,741,000 after acquiring an additional 234,009 shares during the period. Finally, Bamco Inc. NY boosted its position in shares of PAR Technology by 8.5% in the second quarter. Bamco Inc. NY now owns 1,751,387 shares of the software maker’s stock worth $121,494,000 after acquiring an additional 137,434 shares during the last quarter.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the company. Needham & Company LLC cut their price objective 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. BTIG Research dropped their price target on PAR Technology from $60.00 to $45.00 and set a “buy” rating for the company in a research report on Friday, February 27th. The Goldman Sachs Group cut their price target on PAR Technology from $40.00 to $18.00 and set a “neutral” rating for the company in a report on Tuesday. Weiss Ratings restated a “sell (d-)” rating on shares of PAR Technology in a research report on Monday, December 29th. Finally, Benchmark dropped their price objective on PAR Technology from $77.00 to $42.00 and set a “buy” rating for the company in a research report on Thursday. Five research 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. According to MarketBeat, PAR Technology presently has an average rating of “Moderate Buy” and an average target price of $36.00.

View Our Latest Research Report on PAR

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

About PAR Technology

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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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