GW&K Investment Management LLC Has $12.21 Million Holdings in PAR Technology Corporation $PAR

GW&K Investment Management LLC lowered its holdings in shares of PAR Technology Corporation (NYSE:PAR) by 22.9% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 308,569 shares of the software maker’s stock after selling 91,404 shares during the period. GW&K Investment Management LLC owned about 0.76% of PAR Technology worth $12,213,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. Aster Capital Management DIFC Ltd bought a new stake in shares of PAR Technology during the third quarter worth $28,000. Huntington National Bank raised its stake in shares of PAR Technology by 66.2% during the second quarter. Huntington National Bank now owns 437 shares of the software maker’s stock valued at $30,000 after acquiring an additional 174 shares during the last quarter. Manning & Napier Advisors LLC acquired a new position in shares of PAR Technology during the third quarter worth $36,000. Advisors Asset Management Inc. grew its stake in shares of PAR Technology by 68.6% in 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. Finally, Allspring Global Investments Holdings LLC acquired a new stake in shares of PAR Technology in the third quarter valued at about $204,000.

Trending Headlines about PAR Technology

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

• Positive Sentiment: Major institutional accumulation — Voss Capital disclosed purchases across Jan–Feb that added roughly $14.6M of stock and raised its position to ~4.14M shares, signaling strong insider institutional conviction that can support the share price. Voss Capital buys PAR Technology (PAR) shares worth $14.6 million
• Positive Sentiment: Options flows show elevated call activity — short‑term bullish positioning and dealer hedging can create upward price pressure in the near term (may support intraday rebounds).
• Neutral Sentiment: Recent fundamentals: PAR beat Q4 estimates (revenue +14.4% y/y; EPS beat) — underlying business momentum is positive but may already be priced in after the prior run‑up.
• Neutral Sentiment: Large passive/active holders remain significant — firms like T. Rowe, Vanguard and Capital Research hold large stakes; their positioning provides steadiness but limits volatility-driven upside unless they increase exposure.
• Negative Sentiment: Heavy insider selling — CEO Savneet Singh (large blocks on Mar 3–4), CFO Bryan Menar, CAO Michael Steenberge and director Cathy King sold multiple tranches around $17–$18. Executive sales at these levels are likely the primary driver of today’s negative sentiment and share weakness. See the insider summary and filings. Insider trades summary CEO filings
• Negative Sentiment: Analyst target cuts — several firms trimmed price targets and one cut to a neutral rating (Goldman Sachs to $18), which reduces near‑term upside expectations and may exacerbate selling pressure from momentum traders.

Insider Activity at PAR Technology

In other PAR Technology news, insider Cathy A. King sold 1,517 shares of the firm’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $18.27, for a total value of $27,715.59. Following the completion of the sale, the insider directly owned 56,626 shares of the company’s stock, valued at $1,034,557.02. This trade represents a 2.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, major shareholder Voss Capital, Lp acquired 65,100 shares of the company’s stock in a transaction on Wednesday, February 4th. The shares were acquired at an average cost of $22.44 per share, for a total transaction of $1,460,844.00. Following the completion of the acquisition, the insider owned 4,140,100 shares of the company’s stock, valued at approximately $92,903,844. The trade was a 1.60% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders have bought 722,237 shares of company stock worth $21,772,998 and have sold 97,189 shares worth $1,831,171. 3.70% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on PAR. Weiss Ratings reissued a “sell (d-)” rating on shares of PAR Technology in a research report on Monday, December 29th. Needham & Company LLC lowered 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 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. Stephens cut their target price on shares of PAR Technology from $60.00 to $45.00 and set an “overweight” rating on the stock in a research note on Friday, February 27th. Finally, The Goldman Sachs Group reduced their price target on shares of PAR Technology from $40.00 to $18.00 and set a “neutral” rating for the company in a report on Tuesday. Five investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $36.00.

PAR Technology Stock Performance

Shares of PAR opened at $19.17 on Friday. The firm has a market capitalization of $788.85 million, a P/E ratio of -9.22 and a beta of 1.36. PAR Technology Corporation has a 52 week low of $15.44 and a 52 week high of $72.15. The stock has a 50 day moving average price of $27.76 and a two-hundred day moving average price of $35.42. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.46 and a current ratio of 1.66.

PAR Technology (NYSE:PAR) last released its quarterly earnings results on Thursday, February 26th. The software maker reported $0.06 earnings per share for the quarter, beating 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 company 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. Equities analysts forecast that PAR Technology Corporation will post -1.47 earnings per share for the current fiscal year.

About PAR Technology

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.