PAR PAR TECHNOLOGY CORP Insider Trading

Voss Capital purchases 350,000 shares of PAR at $14.46 avg on 2026-06-11/12, raising stake to 5.12M shares; stock down 79.6% from 52-week high.

Voss Capital, a 10% owner, executed 18 separate purchases totaling 350,000 shares for $5,060,759.51 across two trading days at an average price of $14.46. This increased the firm's holdings from 4,775,000 shares to 5,125,000 shares, a net addition of +7.3% to their pre-transaction position. The stock is currently trading at $14.71, down 79.6% from its 52-week high of $72.15, and the company posted a net loss of $-16,169,000 in its most recent quarter despite annual revenue growth of +30.2%. The magnitude of capital deployed ($5.1M) and the multi-tranche execution pattern across two consecutive trading days suggest material conviction, though the company's unprofitable status and the stock's severe drawdown from peak levels underscore the execution risk inherent in the position.

Director Keith Pascal bought 13,000 shares ($197.1K) at $15.16; stock now $14.71, down -79.6% from $72.15 high.

Director Keith Pascal purchased 13,000 shares at $15.16, raising his stake by 45.2% to 41,749 shares post-transaction. The transaction occurs in a context of significant stock weakness: the current price of $14.71 is 79.6% below the 52-week high of $72.15, and the purchase price itself reflects a substantial decline from peak valuation. The company is generating strong revenue growth of 30.2% year-over-year on a $124.0M quarterly base, but remains unprofitable with a full-year net loss of $-16.2M. This director purchase on price weakness, combined with a meaningful portfolio commitment increase, deserves investor scrutiny given the disconnect between top-line expansion and continued losses.

Voss Capital (10% owner) purchases 719,900 shares for $10,504,711.63 across 22 transactions on 2026-05-14 and 2026-05-15.

Voss Capital, a 10% shareholder, executed 22 separate purchases totaling 719,900 shares for $10,504,711.63 at a blended average price of $14.59, increasing its holdings from 4,055,100 shares to 4,775,000 shares. The current stock price of $14.00 is -80.6% from the 52-week high of $72.15, and the stock has declined 32.4% over the past 90 days. At PAR, Voss Capital's 5 prior buys each saw 90-day declines ranging from -37.0% to -48.7%, with zero of those trades showing positive 90-day returns. The company generated revenue of $123,973,000.00 in its latest quarter but reported net income of -$16,169,000.00, reflecting ongoing unprofitability, while annual revenue growth reached +30.2% year-over-year. This large-scale accumulation occurs within a context of sustained operational losses and pronounced stock depreciation from recent highs.

10% owner Voss Capital buys 526,202 shares over 21 days for $14.7M; stock down 72.6% from 52-week high, now below all 10 purchase prices

Voss Capital executed 10 separate purchases totaling 526,202 shares for $14,669,702.64 between 2026-01-14 and 2026-02-04, with a blended average price of $27.88. The transactions occurred as PAR's stock has experienced a severe decline: the current price of $19.52 is -72.6% from the 52-week high of $71.23, and 30-day and 90-day returns were -14.2% and -43.1% respectively at time of filing, meaning all 10 purchases occurred at prices well above the current market level. The prior 4 buys at PAR in December 2025 and early January 2026 similarly resulted in negative returns within 30 days (-24.5% to -37.6%), indicating a pattern of purchases at descending prices without subsequent recovery. PAR remains unprofitable (full-year net income of $-18,177,000.00) despite positive annual revenue growth of +30.2%, creating fundamental uncertainty. This accumulation by a 10% owner during a steep drawdown, combined with the recurring pattern of purchases followed by further price declines and the company's ongoing losses, presents a material signal for investor attention regarding conviction-versus-capitulation dynamics and the sustainability of the underlying business.

10% owner Voss Capital bought 196,035 shares across 4 transactions for $7.1M at $36.24 blended average

Voss Capital, a 10% shareholder, executed 4 separate purchases totaling 196,035 shares for $7,103,701.99 between 2025-12-30 and 2026-01-05, raising its position from 3,417,863 to 3,613,898 shares. The blended average transaction price of $36.24 contrasts sharply with the current price of $34.76, placing these purchases at a 4.2% premium to today's market and -54.3% below the 52-week high of $76.00. The company is unprofitable (net income of -$18,177,000.00 in the latest quarter and negative full-year results), with revenue down -15.8% year-over-year, indicating structural business challenges. Voss's cross-ticker track record shows a 100.00% win rate on 90-day returns with an average 90d return of +7.8%, but this historical outperformance does not extend to same-ticker outcomes at PAR, and purchases during a period of deteriorating fundamentals and stock decline warrant investor scrutiny of the rationale and timing underlying this $7.1M capital commitment.