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PAR Technology (NYSE:PAR) CEO Sells $261,443.70 in Stock
PAR Technology’s CEO, Savneet Singh, sold 14,310 shares worth $261,443.70 on March 4th, reducing his stake by 5.67%, following another significant sale on March 3rd. These insider sales, alongside those by other senior executives, have raised governance and valuation concerns. Despite the company beating Q4 revenue expectations, analysts have a “Moderate Buy” consensus with a $36 target, but several have recently lowered their price objectives due to skepticism about the company’s outlook.