PAR TechnologyPAR
Market Cap: $1.91B
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
122% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 37
30% more funds holding in top 10
Funds holding in top 10: 10 [Q1] → 13 (+3) [Q2]
11% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 28
9% more capital invested
Capital invested by funds: $1.61B [Q1] → $1.76B (+$149M) [Q2]
2% more funds holding
Funds holding: 168 [Q1] → 171 (+3) [Q2]
17.73% less ownership
Funds ownership: 127.79% [Q1] → 110.06% (-17.73%) [Q2]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Jefferies Samad Samana 0% 1-year accuracy 0 / 2 met price target | 14%upside $60 | Buy Upgraded | 12 Aug 2024 |
Benchmark Mark Palmer 62% 1-year accuracy 34 / 55 met price target | 31%upside $69 | Buy Reiterated | 9 Aug 2024 |
Needham Mayank Tandon 71% 1-year accuracy 50 / 70 met price target | 14%upside $60 | Buy Maintained | 9 Aug 2024 |
Benchmark Mark Palmer 62% 1-year accuracy 34 / 55 met price target | 31%upside $69 | Buy Maintained | 25 Jul 2024 |
Goldman Sachs Will Nance 63% 1-year accuracy 26 / 41 met price target | 3%downside $51 | Neutral Maintained | 22 Jul 2024 |