PAR Technology (NYSE:PAR) Shares Gap Down on Analyst Downgrade

PAR Technology Corporation (NYSE:PAR)’s share price gapped down prior to trading on Friday after Stephens lowered their price target on the stock from $60.00 to $45.00. The stock had previously closed at $22.46, but opened at $19.76. Stephens currently has an overweight rating on the stock. PAR Technology shares last traded at $16.6550, with a volume of 1,705,153 shares traded.

Other equities research analysts also recently issued reports about the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of PAR Technology in a report on Monday, December 29th. BTIG Research reduced their price target on PAR Technology from $60.00 to $45.00 and set a “buy” rating on the stock in a research note on Friday. Finally, Needham & Company LLC lowered their price objective on PAR Technology from $55.00 to $30.00 and set a “buy” rating for the company in a research report on Friday. Five equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $47.00.

Insiders Place Their Bets

In related news, CFO Bryan A. Menar sold 6,500 shares of the stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $35.53, for a total value of $230,945.00. Following the transaction, the chief financial officer directly owned 71,481 shares of the company’s stock, valued at approximately $2,539,719.93. This trade represents a 8.34% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, major shareholder Voss Capital, Lp bought 25,000 shares of PAR Technology stock in a transaction that occurred on Tuesday, January 6th. The stock was purchased at an average price of $34.56 per share, for a total transaction of $864,000.00. Following the acquisition, the insider directly owned 3,613,898 shares of the company’s stock, valued at $124,896,314.88. The trade was a 0.70% increase in their position. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders have bought 196,035 shares of company stock valued at $7,103,730. Insiders own 3.70% of the company’s stock.

Key PAR Technology News

Here are the key news stories impacting PAR Technology this week:

• Positive Sentiment: Revenue and ARR momentum — PAR reported quarterly revenue above consensus and management said it closed the second half of the year with “incredible momentum,” noting meaningful ARR additions. Business Wire: PAR Q4 and FY2025 Results
• Positive Sentiment: Earnings revenue beat confirmation — third‑party reports and the company release show revenue growth (~14% YoY) that topped estimates, supporting the growth story even as profits lag. QuiverQuant: Q4 results summary
• Neutral Sentiment: Full Q4 earnings materials and call transcript available for deeper review — useful for investors who want line-by-line detail on guidance, ARR composition and product commentary. Q4 Press Release / Slide Deck Seeking Alpha: Q4 2025 Call Transcript
• Neutral Sentiment: Media snapshots summarize results and market reaction — useful for quick context on headlines versus the report. Stamford Advocate: Q4 Snapshot MSN: Strong Q4 but stock drops
• Negative Sentiment: Profitability and cash concerns — reports flag operating loss, continuing net loss dynamics and a year‑over‑year decline in cash from operations, which raise near‑term earnings/cash‑flow risk despite revenue growth. QuiverQuant: Profitability & cash flow details
• Negative Sentiment: Analyst price target cuts this morning — Stephens and BTIG trimmed targets to $45 (maintaining overweight/buy) and Needham cut to $30 while keeping a buy stance; lowered targets can sap momentum even though ratings stayed positive. Benzinga: Analyst target changes TickerReport: BTIG note
• Negative Sentiment: Technical/volume pressure — shares are trading heavily (well above average volume) and remain far below recent moving averages and prior price targets, increasing the likelihood of additional downside in the short term for traders and momentum‑based funds.

Institutional Trading of PAR Technology

A number of institutional investors and hedge funds have recently bought and sold shares of PAR. Greenstone Partners & Co. LLC acquired a new position in PAR Technology during the fourth quarter valued at approximately $36,981,000. Long Focus Capital Management LLC increased its position in shares of PAR Technology by 4,210.9% in the third quarter. Long Focus Capital Management LLC now owns 877,575 shares of the software maker’s stock worth $34,734,000 after acquiring an additional 857,218 shares in the last quarter. SG Americas Securities LLC purchased a new position in shares of PAR Technology in the 4th quarter valued at $27,274,000. Capital Research Global Investors lifted its holdings in shares of PAR Technology by 17.3% during the 3rd quarter. Capital Research Global Investors now owns 3,237,004 shares of the software maker’s stock valued at $128,121,000 after acquiring an additional 476,839 shares in the last quarter. Finally, Reinhart Partners LLC. lifted its holdings in shares of PAR Technology by 45.6% during the 4th quarter. Reinhart Partners LLC. now owns 1,309,860 shares of the software maker’s stock valued at $47,522,000 after acquiring an additional 410,183 shares in the last quarter.

PAR Technology Trading Down 26.8%

The stock has a market capitalization of $667.42 million, a PE ratio of -7.91 and a beta of 1.35. The company has a current ratio of 1.70, a quick ratio of 1.51 and a debt-to-equity ratio of 0.45. The business’s 50-day moving average is $29.66 and its two-hundred day moving average is $36.57.

PAR Technology (NYSE:PAR) last released its quarterly earnings data on Thursday, February 26th. The software maker reported $0.06 EPS for the quarter, beating the consensus estimate of ($0.10) by $0.16. PAR Technology had a negative return on equity of 2.30% and a negative net margin of 18.54%.The company had revenue of $120.10 million for the quarter, compared to analyst estimates of $116.39 million. PAR Technology’s revenue for the quarter was up 14.4% compared to the same quarter last year. On average, analysts predict that PAR Technology Corporation will post -1.47 earnings per share 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.