PAR Technology Corporation $PAR Stock Holdings Boosted by Rovida Advisors Inc.

Rovida Advisors Inc. raised its holdings in PAR Technology Corporation (NYSE:PAR) by 50.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 750,000 shares of the software maker’s stock after purchasing an additional 252,156 shares during the period. PAR Technology comprises 25.6% of Rovida Advisors Inc.’s holdings, making the stock its largest position. Rovida Advisors Inc. owned about 1.85% of PAR Technology worth $29,678,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Huntington National Bank lifted 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 buying an additional 174 shares in the last quarter. Advisors Asset Management Inc. raised its position 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 acquiring an additional 229 shares during the period. Aster Capital Management DIFC Ltd purchased a new position in PAR Technology during the third quarter valued at $28,000. Manning & Napier Advisors LLC purchased a new position in PAR Technology in the 3rd quarter valued at about $36,000. Finally, Tower Research Capital LLC TRC boosted its holdings in PAR Technology by 278.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,115 shares of the software maker’s stock worth $216,000 after buying an additional 2,291 shares during the last quarter.

Key Headlines Impacting PAR Technology

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

• Positive Sentiment: Voss Capital publicly urged PAR’s board to “immediately explore a full range of strategic alternatives,” arguing PAR’s platform is attractive to private equity and strategic buyers — an activist campaign that can spark takeover interest or other value-unlocking events. Voss Capital Issues Open Letter to the Board of PAR Technology
• Positive Sentiment: Voss Capital has been actively accumulating shares in recent weeks (multiple buys totaling millions of dollars), increasing its beneficial ownership to roughly 13.2% — continued insider/major-holder buying signals conviction and can support the stock. SEC filing of these purchases is available. SEC filing with Voss purchases and reporting of the $14.6M buys: Voss Capital buys PAR Technology shares worth $14.6 million
• Positive Sentiment: Unusually large call-option activity (6,188 calls, a ~525% increase vs. typical) points to bullish speculator interest and short-term directional bets that can amplify upward moves. (No external article link provided in the feed.)
• Neutral Sentiment: Context: PAR’s recent fundamentals show revenue growth but negative net margin and negative ROE; 50-day and 200-day moving averages are well above current levels — technicals and fundamentals remain mixed and could limit upside absent a deal or operational improvement.
• Negative Sentiment: Multiple insiders (CEO Savneet Singh, CFO Bryan Menar, CAO Michael Steenberge, and director Cathy A. King) sold shares in early March — including sizable percentage reductions by the CEO and CFO — which can signal near-term insider liquidity-taking and adds selling pressure. Representative filings: CEO forms CEO Form 4, CFO form CFO Form 4, and Cathy King sale Cathy King Form 4

Insider Buying and Selling at PAR Technology

In other news, CEO Savneet Singh sold 14,310 shares of the business’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 $261,443.70. Following the sale, the chief executive officer directly owned 238,227 shares of the company’s stock, valued at approximately $4,352,407.29. The trade was a 5.67% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Voss Capital, Lp acquired 65,100 shares of the stock in a transaction that occurred on Wednesday, February 4th. The shares were bought at an average cost of $22.44 per share, with a total value of $1,460,844.00. Following the transaction, the insider directly owned 4,140,100 shares in the company, valued at $92,903,844. This trade represents a 1.60% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders acquired 722,237 shares of company stock valued at $21,772,998 and sold 97,189 shares valued at $1,831,171. Insiders own 3.70% of the company’s stock.

PAR Technology Price Performance

NYSE:PAR opened at $19.48 on Friday. PAR Technology Corporation has a 52 week low of $15.44 and a 52 week high of $72.15. The stock’s fifty day moving average is $28.13 and its two-hundred day moving average is $35.65. The company has a market capitalization of $801.60 million, a P/E ratio of -9.37 and a beta of 1.36. 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) last issued its quarterly earnings data on Thursday, February 26th. The software maker reported $0.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.16. PAR Technology had a negative return on equity of 2.32% and a negative net margin of 18.54%.The firm had revenue of $120.10 million during the quarter, compared to the consensus estimate of $116.39 million. The firm’s revenue was up 14.4% compared to the same quarter last year. Equities analysts expect that PAR Technology Corporation will post -1.47 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on PAR shares. Benchmark lowered their price target on PAR Technology from $77.00 to $42.00 and set a “buy” rating on the stock in a research note on Thursday. 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. BTIG Research decreased their target price on shares of PAR Technology from $60.00 to $45.00 and set a “buy” rating on the stock in a research note on Friday, February 27th. Finally, The Goldman Sachs Group dropped their price target on PAR Technology from $40.00 to $18.00 and set a “neutral” rating for the company in a research report on Tuesday. Five 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 data from MarketBeat.com, PAR Technology presently has a consensus rating of “Moderate Buy” and a consensus price target of $36.00.

PAR Technology 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.