Menar, Par Technology CFO, sells $299k in shares

Bryan A. Menar, Chief Financial Officer of PAR Technology Corp (NYSE:PAR), sold 6,500 shares of common stock on September 10, 2025, at a weighted average price of $46.06, totaling $299,390. The prices for the sales ranged from $45.31 to $47.56. The transaction comes as PAR’s stock trades near its 52-week low of $45.25, having declined 27% over the past six months. According to InvestingPro analysis, the stock is currently fairly valued.

On the same day, Menar exercised options to acquire 6,500 shares of PAR Technology common stock at an exercise price of $8.82, for a total value of $57,330.

Following these transactions, Menar directly owns 71,481 shares of PAR Technology.

The sale was executed automatically pursuant to a Rule 10b5-1 trading plan adopted by Menar on March 10, 2025.

In other recent news, PAR Technology Corporation reported its second-quarter 2025 earnings, surpassing analyst expectations with an earnings per share (EPS) of $0.03, compared to the forecasted $0.02. Revenue also exceeded projections, reaching $112.4 million against a forecast of $110.82 million. Despite these positive results, the company’s stock experienced a decline. Additionally, Taco Bueno, a Tex-Mex quick-service restaurant chain, has selected PAR Technology as its unified tech partner. This partnership involves implementing point-of-sale and hardware solutions across Taco Bueno’s 140 locations to enhance operational consistency and reliability.

Benchmark has lowered its price target on PAR Technology to $77.00 from $92.00, while maintaining a Buy rating on the company’s shares. This adjustment follows concerns regarding PAR Technology’s organic annual recurring revenue (ARR) growth potentially not meeting its 20%+ target this year. These developments highlight the ongoing strategic and financial changes within PAR Technology.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.