Jump Financial LLC Acquires Shares of 45,246 PAR Technology Co. (NYSE:PAR)

Jump Financial LLC bought a new stake in PAR Technology Co. (NYSE:PAR - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 45,246 shares of the software maker's stock, valued at approximately $3,288,000. Jump Financial LLC owned approximately 0.12% of PAR Technology at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Aster Capital Management DIFC Ltd acquired a new stake in PAR Technology during the 4th quarter worth $28,000. Mountain Hill Investment Partners Corp. acquired a new position in PAR Technology during the fourth quarter worth about $29,000. Signaturefd LLC grew its stake in PAR Technology by 85.6% during the 4th quarter. Signaturefd LLC now owns 605 shares of the software maker's stock valued at $44,000 after acquiring an additional 279 shares in the last quarter. US Bancorp DE raised its holdings in PAR Technology by 104.3% in the 4th quarter. US Bancorp DE now owns 668 shares of the software maker's stock valued at $49,000 after acquiring an additional 341 shares during the last quarter. Finally, Arcadia Investment Management Corp MI purchased a new position in PAR Technology in the 4th quarter worth approximately $113,000.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Needham & Company LLC reaffirmed a "buy" rating and issued a $90.00 price target on shares of PAR Technology in a report on Friday, February 28th. Stephens reiterated an "overweight" rating and set a $90.00 price target on shares of PAR Technology in a report on Friday, February 28th. Craig Hallum reissued a "buy" rating on shares of PAR Technology in a report on Friday, February 28th. StockNews.com raised shares of PAR Technology to a "sell" rating in a research note on Monday, March 3rd. Finally, Benchmark reissued a "buy" rating on shares of PAR Technology in a research note on Friday, February 28th. One analyst has rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $81.86.

PAR Technology Trading Up 4.1 %

Shares of NYSE:PAR traded up $2.28 during mid-day trading on Wednesday, reaching $58.12. 58,343 shares of the company were exchanged, compared to its average volume of 454,761. The company has a debt-to-equity ratio of 0.67, a current ratio of 2.13 and a quick ratio of 1.91. The firm's 50-day simple moving average is $60.45 and its 200 day simple moving average is $66.92. PAR Technology Co. has a 1 year low of $37.74 and a 1 year high of $82.24. The firm has a market cap of $2.34 billion, a price-to-earnings ratio of -232.47 and a beta of 1.95.

PAR Technology (NYSE:PAR - Get Free Report) last issued its quarterly earnings results on Friday, February 28th. The software maker reported ($0.21) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.04) by ($0.17). PAR Technology had a negative return on equity of 8.99% and a negative net margin of 0.66%. The business had revenue of $105.01 million for the quarter, compared to analysts' expectations of $99.10 million. During the same quarter last year, the company earned ($0.33) earnings per share. The firm's revenue for the quarter was up 50.2% on a year-over-year basis. Equities research analysts forecast that PAR Technology Co. will post -1.47 EPS for the current year.

PAR Technology Profile

PAR Technology Corporation, together with its subsidiaries, provides omnichannel cloud-based hardware and software solutions to the restaurant and retail industries worldwide. The Restaurant/Retail segment offers PUNCHH, an enterprise-grade customer loyalty and engagement solution; MENU, an eCommerce platform for restaurant brands; BRINK POS, an open cloud, point-of-sale solution; PAR PAYMENT SERVICES, a merchant services business that enables electronic payment and processing services for businesses; and DATA CENTRAL, a back-office solution that leverages business intelligence and automation technologies.