PAR Technology (NYSE:PAR) CEO Sells $261,443.70 in Stock

by · The Markets Daily

PAR Technology Corporation (NYSE:PARGet Free Report) CEO Savneet Singh sold 14,310 shares of PAR Technology stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $18.27, for a total value of $261,443.70. Following the completion of the transaction, the chief executive officer owned 238,227 shares of the company’s stock, valued at approximately $4,352,407.29. This trade represents a 5.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Savneet Singh also recently made the following trade(s):

  • On Tuesday, March 3rd, Savneet Singh sold 57,605 shares of PAR Technology stock. The stock was sold at an average price of $17.49, for a total value of $1,007,511.45.

PAR Technology Stock Up 4.3%

PAR stock traded up $0.81 during mid-day trading on Thursday, reaching $19.48. The company had a trading volume of 1,065,916 shares, compared to its average volume of 1,523,789. The firm has a fifty day simple moving average of $28.13 and a 200 day simple moving average of $35.65. 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 company has a market capitalization of $801.60 million, a price-to-earnings ratio of -9.37 and a beta of 1.36. PAR Technology Corporation has a fifty-two week low of $15.44 and a fifty-two week high of $72.15.

PAR Technology (NYSE:PARGet Free Report) last released its earnings results on Thursday, February 26th. The software maker reported $0.06 earnings per share for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $120.10 million for the quarter, compared to analyst estimates of $116.39 million. The firm’s revenue was up 14.4% compared to the same quarter last year. Analysts forecast that PAR Technology Corporation will post -1.47 earnings per share for the current fiscal year.

PAR Technology News Summary

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

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on PAR shares. The Goldman Sachs Group lowered their price objective on PAR Technology from $40.00 to $18.00 and set a “neutral” rating for the company in a research report on Tuesday. Benchmark dropped their price target on shares of PAR Technology from $77.00 to $42.00 and set a “buy” rating on the stock in a research note on Thursday. Needham & Company LLC reduced their price objective on shares of PAR Technology from $55.00 to $30.00 and set a “buy” rating for the company in a research report on Friday, February 27th. Stephens lowered their target price 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. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of PAR Technology in a research note on Monday, December 29th. Five research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $36.00.

Read Our Latest Report on PAR Technology

Institutional Trading of PAR Technology

Large investors have recently bought and sold shares of the business. MidFirst Bank purchased a new position in PAR Technology during the 4th quarter worth $113,000. T. Rowe Price Investment Management Inc. boosted its stake in shares of PAR Technology by 3.5% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 5,916,459 shares of the software maker’s stock worth $214,650,000 after buying an additional 201,782 shares during the period. Invesco Ltd. boosted its stake in shares of PAR Technology by 17.3% during the fourth quarter. Invesco Ltd. now owns 44,255 shares of the software maker’s stock worth $1,606,000 after buying an additional 6,519 shares during the period. Corient Private Wealth LLC grew its holdings in shares of PAR Technology by 78.3% during the fourth quarter. Corient Private Wealth LLC now owns 76,097 shares of the software maker’s stock worth $2,761,000 after buying an additional 33,407 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV acquired a new position in PAR Technology in the 4th quarter valued at about $235,000.

PAR Technology Company Profile

(Get Free Report)

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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