PAR Technology (PAR)

• Market cap: $2.65B
• 1 day: -1.74%
• 5 days: 7.88%
• 1 month: 29.09%
• 3 months: 40.87%
• 6 months: 69.45%
• Year to date: 71.00%
• 1 year: 101.43%
• 5 years: 138.72%
• 10 years: 1,337.01%
• Sector: Information Technology
• Industry: Calculating & Accounting Machines, Except Electronic Computers

About: PAR Technology Corp together with its subsidiaries provides management technology solutions including software, hardware, and related services, integral to the point-of-sale infrastructure and task management, information gathering, assimilation, and communication services. It has two segments. The restaurant/ Retail segment provides point-of-sale and management technology solutions such as hardware, software, and integrated technical solutions to the restaurant and retail industries. The government segment provides intelligence, surveillance, and reconnaissance solutions and mission systems support. The company derives the majority of its revenues from the Restaurant/ Retail segment.

Employees: 1,841

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

202% more call options, than puts

Call options by funds: $73.9M | Put options by funds: $24.5M

124% more repeat investments, than reductions

Existing positions increased: 83 | Existing positions reduced: 37

30% more funds holding in top 10

Funds holding in top 10: 10 [Q1] → 13 (+3) [Q2]

10% more capital invested

Capital invested by funds: $1.62B [Q1] → $1.78B (+$158M) [Q2]

1% more funds holding

Funds holding: 169 [Q1] → 171 (+2) [Q2]

7% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 28

17.56% less ownership

Funds ownership: 128.42% [Q1] → 110.86% (-17.56%) [Q2]

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $59 19% downside
• Avg. target: $77 5% upside
• High target: $92 26% upside

9 analyst ratings

• positive: 7 78%
• neutral: 2 22%
• negative: 0 0%

Goldman Sachs Will Nance 95% 1-year accuracy 18 / 19 met price target	3% downside $71	Neutral Maintained	12 Nov 2024
Benchmark Mark Palmer 88% 1-year accuracy 64 / 73 met price target	26% upside $92	Buy Maintained	12 Nov 2024
Lake Street Eric Martinuzzi 56% 1-year accuracy 5 / 9 met price target	5% upside $77	Buy Maintained	11 Nov 2024
Craig-Hallum George Sutton 84% 1-year accuracy 16 / 19 met price target	16% upside $85	Buy Maintained	11 Nov 2024
Needham Mayank Tandon 75% 1-year accuracy 74 / 99 met price target	23% upside $90	Buy Maintained	11 Nov 2024