3,931 Shares in PAR Technology Co. (NYSE:PAR) Bought by Mount Yale Investment Advisors LLC

Mount Yale Investment Advisors LLC bought a new position in PAR Technology Co. (NYSE:PAR - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 3,931 shares of the software maker's stock, valued at approximately $286,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Amalgamated Bank increased its position in shares of PAR Technology by 25.5% during the 2nd quarter. Amalgamated Bank now owns 1,166 shares of the software maker's stock valued at $55,000 after purchasing an additional 237 shares during the last quarter. nVerses Capital LLC purchased a new stake in PAR Technology during the third quarter worth about $125,000. KBC Group NV boosted its stake in PAR Technology by 30.4% in the fourth quarter. KBC Group NV now owns 1,717 shares of the software maker's stock valued at $125,000 after acquiring an additional 400 shares during the last quarter. Victory Capital Management Inc. grew its position in shares of PAR Technology by 5.1% during the 3rd quarter. Victory Capital Management Inc. now owns 4,524 shares of the software maker's stock valued at $236,000 after acquiring an additional 219 shares during the period. Finally, RiverPark Advisors LLC raised its position in shares of PAR Technology by 21.3% in the third quarter. RiverPark Advisors LLC now owns 4,929 shares of the software maker's stock valued at $257,000 after purchasing an additional 865 shares during the period.

Analysts Set New Price Targets

Several analysts have recently weighed in on PAR shares. Lake Street Capital raised their price objective on shares of PAR Technology from $57.00 to $77.00 and gave the company a "buy" rating in a research report on Monday, November 11th. Needham & Company LLC reaffirmed a "buy" rating and set a $90.00 price target on shares of PAR Technology in a report on Friday, January 3rd. Craig Hallum increased their target price on shares of PAR Technology from $65.00 to $85.00 and gave the stock a "buy" rating in a report on Monday, November 11th. Benchmark boosted their target price on shares of PAR Technology from $69.00 to $92.00 and gave the stock a "buy" rating in a report on Tuesday, November 12th. Finally, StockNews.com raised shares of PAR Technology to a "sell" rating in a report on Thursday, January 23rd. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $79.25.

PAR Technology Trading Up 0.9 %

NYSE PAR traded up $0.64 on Thursday, reaching $73.06. 339,433 shares of the company were exchanged, compared to its average volume of 599,623. PAR Technology Co. has a fifty-two week low of $37.74 and a fifty-two week high of $82.24. The stock has a market capitalization of $2.83 billion, a P/E ratio of -292.24 and a beta of 2.21. The business's fifty day moving average price is $74.75 and its 200 day moving average price is $62.94. The company has a current ratio of 2.13, a quick ratio of 1.91 and a debt-to-equity ratio of 0.67.

PAR Technology (NYSE:PAR - Get Free Report) last posted its earnings results on Friday, November 8th. The software maker reported ($0.09) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.10) by $0.01. PAR Technology had a negative return on equity of 8.99% and a negative net margin of 0.66%. The firm had revenue of $96.80 million for the quarter, compared to analyst estimates of $91.01 million. During the same quarter in the prior year, the company earned ($0.35) EPS. PAR Technology's revenue was down 9.6% on a year-over-year basis. Analysts forecast that PAR Technology Co. will post -1.47 earnings per share for the current year.

About PAR Technology

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.