The Goldman Sachs Group Cuts PAR Technology (NYSE:PAR) Price Target to $18.00

PAR Technology (NYSE:PAR) had its price target cut by The Goldman Sachs Group from $40.00 to $18.00 in a report published on Tuesday,Benzinga reports. They currently have a neutral rating on the software maker’s stock.

Other equities research analysts have also issued research reports about the company. BTIG Research cut their target price on PAR Technology from $60.00 to $45.00 and set a “buy” rating on the stock in a research report on Friday, February 27th. Stephens dropped their price target on shares of PAR Technology from $60.00 to $45.00 and set an “overweight” rating on the stock in a research note on Friday, February 27th. Needham & Company LLC cut their price objective on shares of PAR Technology from $55.00 to $30.00 and set a “buy” rating on the stock in a report on Friday, February 27th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of PAR Technology in a research report on Monday, December 29th. Five equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, PAR Technology has an average rating of “Moderate Buy” and a consensus target price of $36.00.

PAR Technology Price Performance

Shares of PAR opened at $19.48 on Tuesday. The firm has a market capitalization of $801.60 million, a price-to-earnings ratio of -9.37 and a beta of 1.36. The firm’s fifty day simple moving average is $28.13 and its 200-day simple moving average is $35.65. PAR Technology has a twelve month low of $15.44 and a twelve month high of $72.15. The company has a current ratio of 1.66, a quick ratio of 1.46 and a debt-to-equity ratio of 0.45.

PAR Technology (NYSE:PAR) last posted its earnings results 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 2.32% and a negative net margin of 18.54%.The firm had revenue of $120.10 million for the quarter, compared to analyst estimates of $116.39 million. The company’s revenue for the quarter was up 14.4% compared to the same quarter last year. Equities analysts forecast that PAR Technology will post -1.47 EPS for the current fiscal year.

Insider Activity at PAR Technology

In other news, major shareholder Voss Capital, Lp acquired 182,862 shares of the firm’s stock in a transaction dated Tuesday, February 3rd. The stock was acquired at an average cost of $22.89 per share, with a total value of $4,185,711.18. Following the completion of the acquisition, the insider owned 4,075,000 shares of the company’s stock, valued at $93,276,750. The trade was a 4.70% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Savneet Singh sold 57,605 shares of the firm’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $17.49, for a total transaction of $1,007,511.45. Following the transaction, the chief executive officer owned 252,537 shares in the company, valued at approximately $4,416,872.13. This trade represents a 18.57% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have acquired 722,237 shares of company stock worth $21,772,998 and have sold 97,189 shares worth $1,831,171. Insiders own 3.70% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. FNY Investment Advisers LLC purchased a new stake in shares of PAR Technology in the third quarter valued at about $26,000. Aster Capital Management DIFC Ltd acquired a new position in PAR Technology in the 3rd quarter valued at about $28,000. Huntington National Bank raised its stake in PAR Technology by 66.2% during the 2nd quarter. Huntington National Bank now owns 437 shares of the software maker’s stock valued at $30,000 after acquiring an additional 174 shares during the last quarter. State of Wyoming acquired a new stake in PAR Technology during the 4th quarter worth approximately $34,000. Finally, Kestra Advisory Services LLC acquired a new stake in PAR Technology during the 4th quarter worth approximately $35,000.

PAR Technology News Roundup

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

• Positive Sentiment: Voss Capital pushed for a strategic review and urged the board to explore all alternatives, increasing expectations of a potential sale or other value‑unlocking transaction; activist involvement often lifts share prices on takeover/recapitalization hopes. Voss Capital Issues Open Letter to the Board of PAR Technology
• Positive Sentiment: Voss Capital has been buying shares across January–February (multiple SEC filings) and now owns ~13.2% of PAR; continued buying by a large shareholder reinforces the activist thesis and signals conviction. Voss Capital SEC Filing
• Neutral Sentiment: Unusual options flow: investors bought ~6,188 call contracts in a single session (≈525% above average), indicating short‑term speculative bullish interest that can amplify intraday moves. (No external article)
• Neutral Sentiment: Product update: PAR launched “PAR Retail Drive™ AI” — a product/technology release that supports long‑term revenue potential but is unlikely to change near‑term fundamentals by itself. PAR Technology Launches PAR Retail Drive™ AI
• Negative Sentiment: Large insider selling: CEO Savneet Singh sold 57,605 shares (Mar 3) and 14,310 shares (Mar 4), and the CFO/CAO also sold multiple tranches — sizable insider exits can raise governance/valuation concerns and weigh on sentiment. CEO Insider Sale SEC Filing
• Negative Sentiment: Analyst downgrade drove the stock to a 12‑month low recently, highlighting near‑term skepticism about the company’s outlook despite activist attention. PAR Technology Hits New 12-Month Low on Analyst Downgrade

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.