Shares of PAR Technology Corporation (NYSE:PAR – Get Free Report) have been given an average recommendation of “Moderate Buy” by the seven ratings firms that are currently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $36.00.
Several equities analysts recently issued reports on the stock. Stephens dropped their target price on shares of PAR Technology from $60.00 to $45.00 and set an “overweight” rating on the stock in a report on Friday, February 27th. The Goldman Sachs Group lowered their price objective on PAR Technology from $40.00 to $18.00 and set a “neutral” rating for the company in a research report on Tuesday. BTIG Research dropped their price objective on PAR Technology from $60.00 to $45.00 and set a “buy” rating on the stock in a research note on Friday, February 27th. Weiss Ratings restated a “sell (d-)” rating on shares of PAR Technology in a research report on Monday, December 29th. Finally, Benchmark lowered their target price on PAR Technology from $77.00 to $42.00 and set a “buy” rating for the company in a report on Thursday.
Check Out Our Latest Stock Report on PAR Technology
Key Headlines Impacting PAR Technology
- Positive Sentiment: Major institutional accumulation — Voss Capital disclosed purchases across Jan–Feb that added roughly $14.6M of stock and raised its position to ~4.14M shares, signaling strong insider institutional conviction that can support the share price. Voss Capital buys PAR Technology (PAR) shares worth $14.6 million
- Positive Sentiment: Options flows show elevated call activity — short‑term bullish positioning and dealer hedging can create upward price pressure in the near term (may support intraday rebounds).
- Neutral Sentiment: Recent fundamentals: PAR beat Q4 estimates (revenue +14.4% y/y; EPS beat) — underlying business momentum is positive but may already be priced in after the prior run‑up.
- Neutral Sentiment: Large passive/active holders remain significant — firms like T. Rowe, Vanguard and Capital Research hold large stakes; their positioning provides steadiness but limits volatility-driven upside unless they increase exposure.
- Negative Sentiment: Heavy insider selling — CEO Savneet Singh (large blocks on Mar 3–4), CFO Bryan Menar, CAO Michael Steenberge and director Cathy King sold multiple tranches around $17–$18. Executive sales at these levels are likely the primary driver of today’s negative sentiment and share weakness. See the insider summary and filings. Insider trades summary CEO filings
- Negative Sentiment: Analyst target cuts — several firms trimmed price targets and one cut to a neutral rating (Goldman Sachs to $18), which reduces near‑term upside expectations and may exacerbate selling pressure from momentum traders.
Insider Buying and Selling
In related news, CEO Savneet Singh sold 57,605 shares of the stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $17.49, for a total transaction of $1,007,511.45. Following the transaction, the chief executive officer directly owned 252,537 shares of the company’s stock, valued at $4,416,872.13. This represents a 18.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Voss Capital, Lp purchased 182,862 shares of PAR Technology stock in a transaction on Tuesday, February 3rd. The stock was bought at an average price of $22.89 per share, with a total value of $4,185,711.18. Following the completion of the acquisition, the insider directly owned 4,075,000 shares of the company’s stock, valued at approximately $93,276,750. This trade represents a 4.70% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders have acquired 722,237 shares of company stock worth $21,772,998 and have sold 97,189 shares worth $1,831,171. 3.70% of the stock is currently owned by corporate insiders.
Institutional Trading of PAR Technology
Several large investors have recently made changes to their positions in PAR. Huntington National Bank increased its holdings in PAR Technology by 66.2% during the 2nd quarter. Huntington National Bank now owns 437 shares of the software maker’s stock worth $30,000 after purchasing an additional 174 shares in the last quarter. Advisors Asset Management Inc. raised its position in PAR Technology by 68.6% in the 2nd quarter. Advisors Asset Management Inc. now owns 563 shares of the software maker’s stock valued at $39,000 after buying an additional 229 shares during the last quarter. FNY Investment Advisers LLC bought a new position in PAR Technology during the 3rd quarter valued at $26,000. Aster Capital Management DIFC Ltd bought a new position in PAR Technology during the 3rd quarter valued at $28,000. Finally, Manning & Napier Advisors LLC bought a new stake in shares of PAR Technology in the 3rd quarter worth $36,000.
PAR Technology Trading Down 1.8%
Shares of NYSE PAR opened at $19.17 on Monday. The firm has a 50 day moving average price of $27.76 and a two-hundred day moving average price of $35.42. The stock has a market cap of $788.85 million, a P/E ratio of -9.22 and a beta of 1.36. PAR Technology has a 52-week low of $15.44 and a 52-week high of $72.15. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.46 and a current ratio of 1.66.
PAR Technology (NYSE:PAR – Get Free Report) last issued its quarterly earnings results on Thursday, February 26th. The software maker reported $0.06 EPS for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.16. PAR Technology had a negative net margin of 18.54% and a negative return on equity of 2.32%. The company had revenue of $120.10 million for the quarter, compared to analyst estimates of $116.39 million. The business’s revenue for the quarter was up 14.4% on a year-over-year basis. As a group, equities analysts forecast that PAR Technology will post -1.47 EPS for the current year.
PAR Technology Company Profile
PAR Technology Corp is a provider of enterprise software and hardware solutions for the hospitality, foodservice and retail industries. The company’s platforms are designed to streamline front- and back-of-house operations, covering point-of-sale (POS) systems, kitchen display and dispatch, inventory and labor management, and reporting tools. PAR’s integrated approach enables operators of full-service restaurants, quick-service chains, bars, hotels, casinos and retail outlets to centralize data and automate workflows across multiple sites.
Key offerings include PAR Brink, a cloud-native POS application that supports touchscreen, mobile and tablet devices; PAR Cloud Services, which delivers software updates, reporting and analytics through a subscription model; and hardware solutions such as payment terminals, handheld devices and self-service kiosks.
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