PAR Technology (NYSE:PAR) Major Shareholder Voss Capital, Lp Purchases 25,000 Shares of Stock

PAR Technology Corporation (NYSE:PAR) major shareholder Voss Capital, Lp purchased 25,000 shares of PAR Technology stock in a transaction on Tuesday, January 6th. The shares were acquired at an average cost of $34.56 per share, for a total transaction of $864,000.00. Following the completion of the transaction, the insider owned 3,613,898 shares of the company’s stock, valued at $124,896,314.88. This represents a 0.70% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Voss Capital, Lp also recently made the following trade(s):

• On Monday, January 5th, Voss Capital, Lp acquired 8,898 shares of PAR Technology stock. The stock was acquired at an average cost of $35.82 per share, with a total value of $318,726.36.
• On Wednesday, December 31st, Voss Capital, Lp bought 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 price of $36.51 per share, for a total transaction of $5,359,266.39.

PAR Technology Stock Down 1.7%

NYSE PAR opened at $34.80 on Thursday. The company has a quick ratio of 1.51, a current ratio of 1.70 and a debt-to-equity ratio of 0.45. PAR Technology Corporation has a fifty-two week low of $31.65 and a fifty-two week high of $77.55. The business has a 50 day moving average price of $35.82 and a two-hundred day moving average price of $46.29. The stock has a market cap of $1.41 billion, a PE ratio of -16.26 and a beta of 1.35.

PAR Technology (NYSE:PAR) last posted its earnings results on Thursday, November 6th. The software maker reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.03). The firm had revenue of $119.18 million for the quarter, compared to analyst estimates of $112.23 million. PAR Technology had a negative return on equity of 2.56% and a negative net margin of 19.21%.The company’s revenue for the quarter was up 23.1% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.09) earnings per share. As a group, sell-side analysts predict that PAR Technology Corporation will post -1.47 EPS for the current fiscal year.

Analyst Ratings Changes

PAR has been the subject of several recent analyst reports. BTIG Research lowered their target price on PAR Technology from $65.00 to $60.00 and set a “buy” rating for the company in a research note on Friday, November 7th. The Goldman Sachs Group reduced their price target on PAR Technology from $50.00 to $38.00 and set a “neutral” rating for the company in a report on Monday, October 13th. William Blair restated an “outperform” rating on shares of PAR Technology in a report on Tuesday, October 14th. Needham & Company LLC reaffirmed a “buy” rating and issued a $55.00 target price on shares of PAR Technology in a research report on Thursday, November 13th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of PAR Technology in a research note on Monday, December 29th. Six analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $64.00.

Trending Headlines about PAR Technology

Here are the key news stories impacting PAR Technology this week:

• Positive Sentiment: Major shareholder Voss Capital materially increased its PAR stake through multiple purchases from Dec. 30 to Jan. 6 (including a 146,789-share buy on Dec. 30 and subsequent buys), adding roughly $7.1M in position value and lifting its ownership to about 3.61M shares — a signal of insider confidence that tends to support the share price. Voss Capital raises stake in Par Technology (PAR) by $7.1m SEC filing
• Neutral Sentiment: Management will present at the Needham Growth Conference (fireside chat Jan. 13). It gives management a platform to discuss strategy, ARR trends and margin targets — typically neutral-to-positive depending on commentary. PAR Technology Corporation to Participate at the 28th Annual Needham Growth Conference
• Neutral Sentiment: Third‑party financial comparisons and sector pieces (e.g., Sezzle vs. PAR) are circulating; these typically have limited immediate impact unless they change investor expectations for growth or margins. Financial Comparison: Sezzle (NASDAQ:SEZL) versus PAR Technology (NYSE:PAR)
• Negative Sentiment: An analyst/blog piece highlighted a drop in PAR’s annual recurring revenue and cited that as a reason the stock traded lower recently — a near‑term headwind that can weigh on multiples until ARR stabilization or guidance improvement is confirmed. PAR Technology (PAR) Traded Lower Due to a Drop in Annual Recurring Revenue

Institutional Trading of PAR Technology

Several institutional investors and hedge funds have recently bought and sold shares of the company. FNY Investment Advisers LLC bought a new position in PAR Technology during the 3rd quarter worth approximately $26,000. Aster Capital Management DIFC Ltd bought a new stake in shares of PAR Technology in the 3rd quarter valued at approximately $28,000. Huntington National Bank raised its position in shares of PAR Technology by 66.2% during the 2nd quarter. Huntington National Bank now owns 437 shares of the software maker’s stock valued at $30,000 after acquiring an additional 174 shares in the last quarter. Manning & Napier Advisors LLC bought a new position in PAR Technology during the third quarter worth $36,000. Finally, Advisors Asset Management Inc. lifted its stake in 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 purchasing an additional 229 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.