EPAM Systems (NYSE:EPAM) SVP Sergey Yezhkov Sells 1,511 Shares

EPAM Systems, Inc. (NYSE:EPAM) SVP Sergey Yezhkov sold 1,511 shares of the stock in a transaction on Tuesday, October 21st. The stock was sold at an average price of $150.27, for a total value of $227,057.97. Following the completion of the sale, the senior vice president owned 146 shares in the company, valued at approximately $21,939.42. The trade was a 91.19% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

EPAM Systems Stock Performance

EPAM stock opened at $156.53 on Thursday. The company has a quick ratio of 3.17, a current ratio of 3.17 and a debt-to-equity ratio of 0.01. The business’s fifty day simple moving average is $158.35 and its two-hundred day simple moving average is $163.93. EPAM Systems, Inc. has a twelve month low of $138.15 and a twelve month high of $269.00. The firm has a market cap of $8.72 billion, a price-to-earnings ratio of 22.33, a PEG ratio of 2.25 and a beta of 1.65.

EPAM Systems (NYSE:EPAM) last announced its quarterly earnings results on Thursday, August 7th. The information technology services provider reported $2.77 EPS for the quarter, beating the consensus estimate of $2.61 by $0.16. The firm had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.33 billion. EPAM Systems had a return on equity of 14.00% and a net margin of 7.91%.The business’s revenue for the quarter was up 18.0% on a year-over-year basis. During the same quarter last year, the firm posted $2.45 earnings per share. EPAM Systems has set its FY 2025 guidance at 10.960-11.120 EPS. Q3 2025 guidance at 2.980-3.060 EPS. Analysts predict that EPAM Systems, Inc. will post 8.9 earnings per share for the current year.

EPAM Systems declared that its Board of Directors has approved a stock repurchase plan on Tuesday, October 21st that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the information technology services provider to reacquire up to 12.4% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s management believes its stock is undervalued.

Institutional Investors Weigh In On EPAM Systems

Institutional investors have recently added to or reduced their stakes in the stock. IFP Advisors Inc lifted its holdings in shares of EPAM Systems by 8.8% during the second quarter. IFP Advisors Inc now owns 854 shares of the information technology services provider’s stock worth $152,000 after purchasing an additional 69 shares during the period. CWM LLC lifted its holdings in shares of EPAM Systems by 1.1% during the third quarter. CWM LLC now owns 6,546 shares of the information technology services provider’s stock worth $987,000 after purchasing an additional 71 shares during the period. Main Management ETF Advisors LLC lifted its holdings in shares of EPAM Systems by 1.7% during the second quarter. Main Management ETF Advisors LLC now owns 4,398 shares of the information technology services provider’s stock worth $778,000 after purchasing an additional 72 shares during the period. IFM Investors Pty Ltd lifted its holdings in shares of EPAM Systems by 0.7% during the first quarter. IFM Investors Pty Ltd now owns 11,326 shares of the information technology services provider’s stock worth $1,912,000 after purchasing an additional 76 shares during the period. Finally, DekaBank Deutsche Girozentrale lifted its holdings in shares of EPAM Systems by 0.7% during the second quarter. DekaBank Deutsche Girozentrale now owns 10,549 shares of the information technology services provider’s stock worth $1,866,000 after purchasing an additional 76 shares during the period. Institutional investors own 91.58% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on EPAM shares. Morgan Stanley cut their price target on EPAM Systems from $210.00 to $175.00 and set an “equal weight” rating on the stock in a research note on Tuesday, September 9th. Wall Street Zen lowered EPAM Systems from a “buy” rating to a “hold” rating in a research note on Saturday, September 13th. Deutsche Bank Aktiengesellschaft began coverage on EPAM Systems in a research note on Thursday, July 17th. They set a “hold” rating and a $171.00 price target on the stock. Cowen raised EPAM Systems from a “hold” rating to a “buy” rating in a research report on Monday, August 18th. Finally, JPMorgan Chase & Co. dropped their price objective on EPAM Systems from $205.00 to $201.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 20th. Fourteen equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $219.41.

EPAM Systems Company Profile

EPAM Systems, Inc provides digital platform engineering and software development services worldwide. The company offers engineering services, including requirements analysis and platform selection, customization, cross-platform migration, implementation, and integration; infrastructure management services, such as software development, testing, performance tuning, deployment, maintenance, and support services.