PAR Technology Shares Soar 2.44% to 2025 High

PAR Technology (PAR) shares rose 0.65% today, reaching their highest level since February 2025 with an intraday gain of 2.44%.

The strategy of buying PAR shares after they reached a recent high and holding for 1 week yielded moderate returns over the past 5 years. The annualized return was 8.46%, with a maximum drawdown of 10.47% during the period. This suggests that while the strategy provided some growth, it was not without risk, as indicated by the drawdown during market downturns.

One of the key factors influencing PAR Technology's stock price is its intrinsic value. Analysts suggest that the intrinsic value of PAR Technology Corporation is potentially 30% above its current share price, indicating that the stock might be undervalued. This perception of undervaluation could attract investors looking for potential gains, thereby driving up the stock price.

Another significant factor is the investment by Greenstone Partners & Co., LLC. As of March 31, 2025, Greenstone Partners held a substantial position in PAR Technology Corp, with 563,073 shares valued at $34.54 million, constituting 9.17% of their stock portfolio. This significant holding, coupled with a historical gain of $18.36 million (64.69%), suggests confidence in the company's future performance. Such confidence from a major investor can positively impact the stock price, as it signals to the market that the company has strong potential for growth and profitability.