In a filing, Par Technology Corp revealed its Director Rauch Douglas Gregory unloaded Company’s shares for reported $0.16 million on Aug 28 ’24. In the deal valued at $53.61 per share,3,000 shares were sold. As a result of this transaction, Rauch Douglas Gregory now holds 14,760 shares worth roughly $1.06 million.
Then, DOUGLAS RAUCH bought 3,000 shares, generating $160,830 in total proceeds.
Before that, MENAR BRYAN A sold 803 shares. Par Technology Corp shares valued at $35,163 were divested by the Chief Financial Officer at a price of $43.79 per share. As a result of the transaction, MENAR BRYAN A now holds 54,601 shares, worth roughly $3.92 million.
Jefferies upgraded its Par Technology Corp [PAR] rating to a Buy from a a Hold in a research note published on August 12, 2024; the price target was increased to $60 from $45. A number of analysts have revised their coverage, including Stephens’s analysts, who increased its forecast for the stock in mid June from “an Equal-weight” to “an Overweight”. The Benchmark Company also remained covering PAR and has increased its forecast on May 22, 2024 with a “Buy” recommendation from previously “Hold” rating. Sidoti revised its rating on March 12, 2024. It rated PAR as “a Buy” which previously was an “a Neutral”.
Price Performance Review of PAR
On Tuesday, Par Technology Corp [NYSE:PAR] saw its stock jump 6.31% to $71.79. Over the last five days, the stock has lost -2.59%. Par Technology Corp shares have fallen nearly -1.21% since the year began. Nevertheless, the stocks have risen 79.47% over the past one year. While a 52-week high of $82.24 was reached on 01/06/25, a 52-week low of $37.74 was recorded on 01/10/25. SMA at 50 days reached $73.68, while 200 days put it at $55.50.
Levels Of Support And Resistance For PAR Stock
The 24-hour chart illustrates a support level at 69.04, which if violated will result in even more drops to 66.30. On the upside, there is a resistance level at 73.25. A further resistance level may holdings at 74.71. The Relative Strength Index (RSI) on the 14-day chart is 47.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.87, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 45.94%. Stochastics %K at 30.66% indicates the stock is a holding.
How much short interest is there in Par Technology Corp?
A steep rise in short interest was recorded in Par Technology Corp stocks on 2024-12-31, dropping by -0.85 million shares to a total of 4.2 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 5.05 million shares. There was a decline of -20.14%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on February 13, 2024 when The Benchmark Company began covering the stock and recommended ‘”a Hold”‘ rating .
