Rep. Josh Gottheimer Purchases Shares of PAR Technology Co. (NYSE:PAR)

Representative Josh Gottheimer (D-New Jersey) recently bought shares of PAR Technology Co. (NYSE:PAR). In a filing disclosed on February 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in PAR Technology stock on January 17th. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.

Representative Josh Gottheimer also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 1/31/2025.
• Sold $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Tesla (NASDAQ:TSLA) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Twilio (NYSE:TWLO) on 1/31/2025.
• Sold $1,001 – $15,000 in shares of ICF International (NASDAQ:ICFI) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Mastercard (NYSE:MA) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 1/30/2025.
• Purchased $1,001 – $15,000 in shares of 3M (NYSE:MMM) on 1/30/2025.

PAR Technology Price Performance

Shares of PAR Technology stock opened at $69.34 on Wednesday. The stock has a 50-day simple moving average of $73.63 and a 200-day simple moving average of $64.08. 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.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on PAR shares. Needham & Company LLC restated a “buy” rating and set a $90.00 target price on shares of PAR Technology in a research note on Friday, January 3rd. Craig Hallum lifted their target price on PAR Technology from $65.00 to $85.00 and gave the stock a “buy” rating in a research report on Monday, November 11th. Benchmark raised their target price on PAR Technology from $69.00 to $92.00 and gave the stock a “buy” rating in a research report on Tuesday, November 12th. Stephens increased their price objective on shares of PAR Technology from $83.00 to $90.00 and gave the company an “overweight” rating in a research note on Tuesday, November 26th. Finally, StockNews.com upgraded shares of PAR Technology to a “sell” rating in a research report on Thursday, January 23rd. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, PAR Technology has an average rating of “Moderate Buy” and a consensus target price of $79.25.

Institutional Trading of PAR Technology

A number of hedge funds have recently modified their holdings of PAR. The Manufacturers Life Insurance Company raised its holdings in PAR Technology by 25.1% in the second quarter. The Manufacturers Life Insurance Company now owns 16,161 shares of the software maker’s stock worth $761,000 after purchasing an additional 3,241 shares during the period. SG Americas Securities LLC lifted its holdings in shares of PAR Technology by 32.9% during the 3rd quarter. SG Americas Securities LLC now owns 8,865 shares of the software maker’s stock valued at $462,000 after purchasing an additional 2,195 shares in the last quarter. Inspire Investing LLC grew its position in shares of PAR Technology by 6.1% in the 3rd quarter. Inspire Investing LLC now owns 7,935 shares of the software maker’s stock valued at $413,000 after purchasing an additional 454 shares during the period. Creative Planning bought a new stake in PAR Technology during the 3rd quarter worth approximately $316,000. Finally, nVerses Capital LLC acquired a new stake in PAR Technology during the 3rd quarter worth approximately $125,000.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.

Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.

Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.

Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

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.