Dimensional Fund Advisors LP Decreases Stock Holdings in PAR Technology Corporation $PAR

Key Points

• Dimensional Fund Advisors cut its PAR Technology stake by 17.3% in the first quarter, selling 140,050 shares and retaining 670,172 shares worth approximately $8.93 million, or 1.62% of the company.
• Institutional sentiment was mixed: Goldman Sachs, RBC, and other investors increased their holdings, while PAR insider Cathy A. King sold shares; major shareholder Voss Capital purchased 156,249 shares.
• PAR has a Moderate Buy consensus rating with a $24.61 average price target, but the company remains unprofitable, posting a negative net margin and negative return on equity despite recent earnings and revenue beats.

Dimensional Fund Advisors LP reduced its position in shares of PAR Technology Corporation (NYSE:PAR - Free Report) by 17.3% in the first quarter, according to its most recent filing with the SEC. The fund owned 670,172 shares of the software maker's stock after selling 140,050 shares during the quarter. Dimensional Fund Advisors LP owned about 1.62% of PAR Technology worth $8,932,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Royal Bank of Canada lifted its position in PAR Technology by 8.0% during the first quarter. Royal Bank of Canada now owns 20,446 shares of the software maker's stock valued at $1,255,000 after purchasing an additional 1,515 shares during the last quarter. AQR Capital Management LLC bought a new stake in shares of PAR Technology in the 1st quarter worth about $309,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of PAR Technology by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,012 shares of the software maker's stock worth $1,228,000 after buying an additional 874 shares during the last quarter. Jones Financial Companies Lllp raised its position in shares of PAR Technology by 186,466.7% during the 1st quarter. Jones Financial Companies Lllp now owns 5,597 shares of the software maker's stock valued at $343,000 after buying an additional 5,594 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its position in shares of PAR Technology by 28.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 231,494 shares of the software maker's stock valued at $14,200,000 after buying an additional 51,316 shares in the last quarter.

Key PAR Technology News

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

• Positive Sentiment: Q2 earnings beat expectations: PAR reported adjusted earnings of $0.18 per share, versus the $0.11 consensus estimate and $0.03 a year earlier. Revenue rose 18.7% year over year to $133.41 million, exceeding estimates of $124.66 million. PAR Technology Q2 earnings report
• Positive Sentiment: Full-year outlook topped analyst expectations: PAR projected 2026 revenue of $516 million to $523 million, above the $509.5 million consensus estimate, and forecast adjusted EBITDA of $50 million to $53 million. Management is also targeting 50,000 live PAR Intelligence sites, suggesting continued expansion of its restaurant-technology platform. PAR 2026 revenue and EBITDA outlook
• Positive Sentiment: Near-term revenue guidance was broadly favorable: Third-quarter revenue guidance of $128 million to $132 million brackets the $128.4 million consensus estimate, while the company’s full-year forecast indicates confidence in sustained growth.
• Neutral Sentiment: JPMorgan raised its price target from $17 to $18 but maintained a Neutral rating, implying limited upside from the recently quoted trading level. The target increase reflects improved expectations but does not represent a bullish rating change. JPMorgan price-target update
• Negative Sentiment: PAR remains unprofitable on a reported basis, with a negative net margin and negative return on equity. These losses could temper enthusiasm despite the quarterly earnings beat and stronger outlook.

PAR Technology Stock Performance

PAR Technology stock opened at $17.74 on Monday. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.10 and a quick ratio of 1.83. PAR Technology Corporation has a 1-year low of $11.59 and a 1-year high of $58.85. The firm has a market capitalization of $731.79 million, a P/E ratio of -10.08 and a beta of 1.33. The company's 50-day moving average is $16.19 and its 200 day moving average is $17.11.

PAR Technology (NYSE:PAR - Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The software maker reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.03. The business had revenue of $123.97 million during the quarter, compared to the consensus estimate of $116.88 million. PAR Technology had a negative net margin of 14.52% and a negative return on equity of 1.61%. The firm's quarterly revenue was up 19.4% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.01) earnings per share. Research analysts forecast that PAR Technology Corporation will post -0.16 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently commented on PAR shares. BTIG Research lowered their price target on shares of PAR Technology from $45.00 to $30.00 and set a "buy" rating for the company in a report on Friday. Royal Bank Of Canada set a $16.00 price objective on PAR Technology in a research note on Tuesday, June 9th. JPMorgan Chase & Co. upped their price objective on PAR Technology from $17.00 to $18.00 and gave the company a "neutral" rating in a research report on Friday. UBS Group set a $16.00 price objective on PAR Technology in a research note on Tuesday, June 9th. Finally, Jefferies Financial Group set a $18.00 target price on PAR Technology in a report on Saturday, May 9th. Five investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $24.61.

Insider Buying and Selling

In other PAR Technology news, insider Cathy A. King sold 20,000 shares of the stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $15.38, for a total value of $307,600.00. Following the sale, the insider owned 122,919 shares in the company, valued at $1,890,494.22. This trade represents a 13.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Voss Capital, Lp bought 156,249 shares of PAR Technology stock in a transaction on Friday, June 12th. The stock was acquired at an average price of $14.85 per share, for a total transaction of $2,320,297.65. Following the purchase, the insider owned 5,125,000 shares of the company's stock, valued at approximately $76,106,250. This trade represents a 3.14% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have purchased a total of 1,069,900 shares of company stock valued at $15,568,965 over the last three months. 2.30% of the stock is owned by corporate insiders.

About PAR Technology

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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