Voss Capital, LP

Voss Capital, LP has filed 95 Form 4 transactions across five companies, with a clear buying bias. Total open-market purchases reached $41.7 million against $10.3 million in open-market sales, plus $1 million in acquired shares. The most recent activity, however, shows a shift toward selling. Over the past several months, Voss recorded 17 open-market sales and only six purchases. The dominant recent ticker is FLYW, the payments software firm Flywire. Between August 18 and August 28, 2026, Voss filed 17 separate sale transactions in FLYW, ranging from roughly $10,500 to $3.25 million per trade. The combined value of those sales was about $10.1 million. The largest single sale, $3,249,465.16, occurred on August 25. Smaller sales of $145,806.99 and $695,039.01 followed on August 28. Two transactions on September 18, 2026, show a $1 million acquisition in FLYW with a code of X, though the value of one of those trades is listed at zero. Before the FLYW selling, Voss made open-market purchases in PAR, PAR Technology, on June 12, 2026. Six separate P transactions totaled roughly $1.33 million, with the largest at $953,838.51 and the smallest at $2,081.75. The pattern across the filings is straightforward: Voss accumulated PAR in June, then sold FLYW heavily through August. The September FLYW acquisition is small relative to the August sell-off.