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 April 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in PAR Technology stock on March 13th. 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):

• Purchased $15,001 - $50,000 in shares of PTC NASDAQ: PTC on 4/1/2025.
• Sold $1,001 - $15,000 in shares of W. R. Berkley NYSE: WRB on 4/1/2025.
• Sold $15,001 - $50,000 in shares of GoDaddy NYSE: GDDY on 4/1/2025.
• Purchased $1,001 - $15,000 in shares of Ford Motor NYSE: F on 3/31/2025.
• Sold $15,001 - $50,000 in shares of Microsoft NASDAQ: MSFT on 3/31/2025.
• Sold $15,001 - $50,000 in shares of Pfizer NYSE: PFE on 3/31/2025.
• Purchased $1,001 - $15,000 in shares of Boeing NYSE: BA on 3/31/2025.
• Sold $1,001 - $15,000 in shares of Hologic NASDAQ: HOLX on 3/31/2025.
• Sold $15,001 - $50,000 in shares of Merck & Co., Inc. NYSE: MRK on 3/31/2025.
• Sold $1,001 - $15,000 in shares of Tesla NASDAQ: TSLA on 3/31/2025.

PAR Technology Trading Up 1.9 %

Shares of PAR Technology stock traded up $1.04 on Monday, hitting $56.16. 22,702 shares of the company traded hands, compared to its average volume of 427,525. The stock's 50 day moving average price is $62.45 and its 200-day moving average price is $66.81. The company has a market cap of $2.26 billion, a PE ratio of -224.63 and a beta of 1.95. PAR Technology Co. has a 52 week low of $37.74 and a 52 week high of $82.24. The company has a current ratio of 2.13, a quick ratio of 1.91 and a debt-to-equity ratio of 0.67.

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

Hedge Funds Weigh In On PAR Technology

Several institutional investors and hedge funds have recently modified their holdings of PAR. Invesco Ltd. lifted its holdings in PAR Technology by 100.9% in the fourth quarter. Invesco Ltd. now owns 1,283,978 shares of the software maker's stock valued at $93,307,000 after acquiring an additional 644,920 shares during the period. Loomis Sayles & Co. L P acquired a new position in shares of PAR Technology in the 4th quarter valued at $33,011,000. Hood River Capital Management LLC purchased a new stake in PAR Technology during the fourth quarter worth $30,392,000. Nuveen Asset Management LLC increased its holdings in PAR Technology by 194.2% in the fourth quarter. Nuveen Asset Management LLC now owns 400,251 shares of the software maker's stock valued at $29,086,000 after buying an additional 264,188 shares in the last quarter. Finally, Granahan Investment Management LLC raised its position in shares of PAR Technology by 115.5% in the fourth quarter. Granahan Investment Management LLC now owns 347,916 shares of the software maker's stock worth $25,283,000 after acquiring an additional 186,490 shares during the period.

Analysts Set New Price Targets

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

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.

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.