Keith Pascal Increases Stake in PAR Technology

Keith Pascal bought 13,000 shares of PAR Technology, enhancing his investment in the company.

Key Points

  • Keith Pascal bought 13,000 shares of PAR Technology on June 12, 2026, at an average price of $15.16, totaling $197,080.
  • PAR Technology, trading at $14.90, has a market cap of $605.9 million and a forward P/E ratio of 13.25.
  • Institutional investors like VOSS Capital and BlackRock also adjusted their positions in PAR Technology recently.

Keith Pascal, an insider at PAR Technology Corporation, bought 13,000 shares of the company on June 12, 2026. The purchase was made at an average price of $15.16 per share, totaling $197,080. This move was not part of a pre-planned trading program.

Other Institutional Activity in PAR Technology

Several institutional investors have also been active in PAR Technology recently. VOSS Capital, LP increased its holdings by 540,100 shares, ending with 4,880,100 shares valued at about $65.1 million. BlackRock, Inc. added 215,407 shares, bringing its total to 3,480,144 shares worth approximately $46.4 million. Newtyn Management, LLC significantly boosted its stake by 2,307,767 shares, reaching a total of 2,732,696 shares valued at $36.4 million. Meanwhile, T. Rowe Price Investment Management, Inc. reduced its holdings by 3,304,035 shares, leaving it with 2,612,424 shares worth $34.8 million.

PAR Technology Stock Snapshot

Shares of NYSE:PAR traded near $14.90. PAR Technology has a market cap of $605.9 million and a forward P/E ratio of 13.25. The stock has experienced a 52-week low of $11.59 and a high of $72.15. Its 50-day moving average is $14.16, while the 200-day moving average stands at $27.51. The company's beta is 1.341, indicating higher volatility compared to the market.

Recent Earnings

PAR Technology reported revenue of $475.7 million, with a growth rate of 19.4%. However, the company recorded a net margin of -16.0% and a return on equity of -9.1%. The next earnings announcement is expected on August 7, 2026.

Insider Buying and Selling at PAR Technology Corporation

In addition to Keith Pascal's purchase, VOSS Capital, LP acquired 156,249 shares on June 12, 2026, at an average price of $14.85. Earlier, on June 8, 2026, Keith Pascal bought 11,490 shares, alongside other insiders like Cynthia Russo and Douglas Gregory Rauch, who also purchased 11,490 shares each.

Analysts Set New Price Targets

On June 9, 2026, JP Morgan upgraded PAR Technology to a 'hold' rating with a price target of $16. Previously, on May 29, 2026, JP Morgan initiated coverage with a 'sell' rating and a $12 target. Needham maintained its 'buy' rating, setting a $25 target on April 9, 2026. The consensus recommendation is 'buy', with an average target price of $26.38 based on 8 analyst opinions.

About PAR Technology Corporation

PAR Technology Corporation, headquartered in New Hartford, New York, offers software and hardware solutions primarily for the restaurant and retail sectors. The company provides cloud-based products like Punchh for customer loyalty, PAR Ordering for digital orders, and PLEXURE for international engagement. PAR also offers POS systems, payment services, and technical support. Founded in 1968, it employs about 1,800 people and is led by CEO Savneet Singh.

Bottom Line

Keith Pascal's recent purchase of PAR Technology shares suggests a continued belief in the company's potential. While insiders' trades can indicate confidence, it's essential to remember that these transactions don't always predict future stock performance. Investors often watch such moves for insights, but it's crucial to consider the broader market context and company fundamentals.

See Also

This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.