Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of PAR Technology Co. (NYSE:PAR)

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of PAR Technology Co. (NYSE:PAR). In a filing disclosed on February 11th, the Representative disclosed that they had bought between $1,001 and $15,000 in PAR Technology stock on January 22nd. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of ICF International NASDAQ: ICFI on 2/3/2025.
• Purchased $15,001 - $50,000 in shares of CACI International NYSE: CACI on 1/31/2025.
• Purchased $50,001 - $100,000 in shares of Hawaiian Electric Industries NYSE: HE on 1/31/2025.
• Sold $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 1/30/2025.
• Purchased $1,001 - $15,000 in shares of Intuitive Surgical NASDAQ: ISRG on 1/30/2025.
• Purchased $1,001 - $15,000 in shares of Agios Pharmaceuticals NASDAQ: AGIO on 1/29/2025.
• Purchased $1,001 - $15,000 in shares of SpringWorks Therapeutics NASDAQ: SWTX on 1/29/2025.
• Purchased $1,001 - $15,000 in shares of Paragon 28 NYSE: FNA on 1/29/2025.
• Purchased $1,001 - $15,000 in shares of U.S. Physical Therapy NYSE: USPH on 1/29/2025.
• Purchased $1,001 - $15,000 in shares of Crinetics Pharmaceuticals NASDAQ: CRNX on 1/29/2025.

PAR Technology Stock Down 0.4 %

PAR stock traded down $0.31 during trading on Friday, hitting $67.98. 226,745 shares of the company's stock traded hands, compared to its average volume of 556,782. The firm has a market capitalization of $2.63 billion, a P/E ratio of -271.92 and a beta of 2.22. The business has a fifty day simple moving average of $72.81 and a two-hundred day simple moving average of $64.54. The company has a quick ratio of 1.91, a current ratio of 2.13 and a debt-to-equity ratio of 0.67. PAR Technology Co. has a 1 year low of $37.74 and a 1 year high of $82.24.

Analysts Set New Price Targets

PAR has been the topic of several research reports. Stephens lifted their price objective on shares of PAR Technology from $83.00 to $90.00 and gave the company an "overweight" rating in a report on Tuesday, November 26th. Craig Hallum lifted their price objective on shares of PAR Technology from $65.00 to $85.00 and gave the company a "buy" rating in a report on Monday, November 11th. Lake Street Capital lifted their price target on shares of PAR Technology from $57.00 to $77.00 and gave the stock a "buy" rating in a report on Monday, November 11th. The Goldman Sachs Group lifted their price target on shares of PAR Technology from $71.00 to $79.00 and gave the stock a "neutral" rating in a report on Monday, December 2nd. Finally, StockNews.com raised shares of PAR Technology to a "sell" rating in a report on Thursday, January 23rd. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $79.25.

Institutional Investors Weigh In On PAR Technology

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Northern Trust Corp lifted its stake in shares of PAR Technology by 7.4% during the fourth quarter. Northern Trust Corp now owns 352,079 shares of the software maker's stock worth $25,586,000 after buying an additional 24,248 shares during the period. The Manufacturers Life Insurance Company lifted its stake in shares of PAR Technology by 1.0% during the fourth quarter. The Manufacturers Life Insurance Company now owns 17,303 shares of the software maker's stock worth $1,257,000 after buying an additional 168 shares during the period. RiverPark Advisors LLC lifted its stake in shares of PAR Technology by 169.9% during the fourth quarter. RiverPark Advisors LLC now owns 13,305 shares of the software maker's stock worth $967,000 after buying an additional 8,376 shares during the period. Hood River Capital Management LLC acquired a new position in PAR Technology during the fourth quarter valued at $30,392,000. Finally, Price T Rowe Associates Inc. MD lifted its position in PAR Technology by 3.1% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 28,375 shares of the software maker's stock valued at $2,063,000 after purchasing an additional 855 shares during the period.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

PAR Technology Company 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.