In a filing, Par Technology Corp. revealed its Chief Financial Officer MENAR BRYAN A unloaded Company’s shares for reported $35163.0 on Apr 08 ’24. In the deal valued at $43.79 per share,803 shares were sold. As a result of this transaction, MENAR BRYAN A now holds 54,601 shares worth roughly $2.45 million.
Then, Rauch Douglas Gregory sold 4,500 shares, generating $189,180 in total proceeds. Upon selling the shares at $42.04, the Director now owns 14,365 shares.
Before that, MENAR BRYAN A sold 6,069 shares. Par Technology Corp. shares valued at $254,461 were divested by the Chief Financial Officer at a price of $41.93 per share. As a result of the transaction, MENAR BRYAN A now holds 47,456 shares, worth roughly $2.13 million.
Sidoti upgraded its Par Technology Corp. [PAR] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including The Benchmark Company’s analysts, who began to cover the stock in mid February with a ‘”a Hold”‘ rating. Sidoti also remained covering PAR and has decreased its forecast on January 29, 2024 with a “Neutral” recommendation from previously “Buy” rating. Stephens started covering the stock on October 17, 2023. It rated PAR as “an Equal-weight”.
Price Performance Review of PAR
On Tuesday, Par Technology Corp. [NYSE:PAR] saw its stock unchanged to $44.90. Over the last five days, the stock has gained 6.20%. Par Technology Corp. shares have risen nearly 3.12% since the year began. Nevertheless, the stocks have risen 53.03% over the past one year. While a 52-week high of $49.84 was reached on 01/26/24, a 52-week low of $24.76 was recorded on 01/11/24. SMA at 50 days reached $42.86, while 200 days put it at $40.70. A total of 0.24 million shares were traded, compared to the trading of 0.22 million shares in the previous session.
Levels Of Support And Resistance For PAR Stock
The 24-hour chart illustrates a support level at 44.61, which if violated will result in even more drops to 44.31. On the upside, there is a resistance level at 45.22. A further resistance level may holdings at 45.53. The Relative Strength Index (RSI) on the 14-day chart is 58.31, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.16, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 5.81%. Stochastics %K at 93.52% indicates the stock is a selling.
The most recent change occurred on July 26, 2023 when Lake Street began covering the stock and recommended ‘”a Buy”‘ rating along with a $39 price target.
