Rep. Gilbert Ray Cisneros, Jr. Buys EPAM Systems, Inc. (NYSE:EPAM) Stock

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of EPAM Systems, Inc. (NYSE:EPAM). In a filing disclosed on April 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in EPAM Systems stock on March 13th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of MACOM Technology Solutions (NASDAQ:MTSI) on 3/27/2026.
• Purchased $1,001 – $15,000 in shares of StandardAero (NYSE:SARO) on 3/27/2026.
• Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 3/27/2026.
• Sold $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 3/27/2026.
• Sold $1,001 – $15,000 in shares of Advanced Energy Industries (NASDAQ:AEIS) on 3/27/2026.
• Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 3/27/2026.
• Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 3/27/2026.
• Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 3/27/2026.
• Sold $1,001 – $15,000 in shares of Viavi Solutions (NASDAQ:VIAV) on 3/27/2026.
• Purchased $15,001 – $50,000 in shares of Fabrinet (NYSE:FN) on 3/27/2026.

EPAM Systems Price Performance

EPAM opened at $123.50 on Friday. The company has a market capitalization of $6.48 billion, a price-to-earnings ratio of 18.35, a PEG ratio of 1.26 and a beta of 1.73. The company has a quick ratio of 2.59, a current ratio of 2.59 and a debt-to-equity ratio of 0.01. The firm has a 50-day moving average price of $149.18 and a 200-day moving average price of $172.39. EPAM Systems, Inc. has a twelve month low of $122.70 and a twelve month high of $222.53.

EPAM Systems (NYSE:EPAM) last announced its quarterly earnings results on Thursday, February 19th. The information technology services provider reported $3.26 EPS for the quarter, beating analysts’ consensus estimates of $3.16 by $0.10. EPAM Systems had a net margin of 6.92% and a return on equity of 13.57%. The company had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.39 billion. During the same period in the prior year, the company posted $2.84 EPS. EPAM Systems’s revenue was up 12.8% compared to the same quarter last year. EPAM Systems has set its FY 2026 guidance at 12.600-12.900 EPS and its Q1 2026 guidance at 2.700-2.780 EPS. Equities analysts expect that EPAM Systems, Inc. will post 8.9 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Sunbelt Securities Inc. raised its position in shares of EPAM Systems by 4,233.3% in the fourth quarter. Sunbelt Securities Inc. now owns 130 shares of the information technology services provider’s stock worth $27,000 after buying an additional 127 shares in the last quarter. Sound Income Strategies LLC grew its position in EPAM Systems by 279.5% during the fourth quarter. Sound Income Strategies LLC now owns 148 shares of the information technology services provider’s stock worth $31,000 after buying an additional 109 shares in the last quarter. CYBER HORNET ETFs LLC bought a new position in EPAM Systems in the 2nd quarter worth about $27,000. 1248 Management LLC bought a new position in EPAM Systems in the 4th quarter worth about $32,000. Finally, Rothschild Investment LLC raised its holdings in shares of EPAM Systems by 51.4% in the 4th quarter. Rothschild Investment LLC now owns 159 shares of the information technology services provider’s stock valued at $33,000 after acquiring an additional 54 shares in the last quarter. 91.58% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Needham & Company LLC restated a “buy” rating and set a $175.00 target price on shares of EPAM Systems in a research report on Monday, March 16th. TD Cowen decreased their price objective on EPAM Systems from $220.00 to $213.00 and set a “buy” rating on the stock in a research note on Monday. Truist Financial dropped their price objective on EPAM Systems from $220.00 to $146.00 and set a “hold” rating on the stock in a report on Friday, February 20th. Wells Fargo & Company cut their target price on EPAM Systems from $247.00 to $195.00 and set an “overweight” rating for the company in a research note on Friday, February 20th. Finally, Zacks Research lowered EPAM Systems from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 28th. Eleven research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $193.56.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About EPAM Systems

EPAM Systems, Inc is a global provider of digital platform engineering and software development services. The company partners with clients across industries—such as financial services, healthcare, retail, and technology—to design, develop, and maintain complex software applications and digital experiences. EPAM’s offerings include custom software development, application management, infrastructure management, quality assurance, and testing services, enabling organizations to accelerate digital transformation and enhance operational efficiency.

In addition to its core engineering capabilities, EPAM delivers a range of specialized services, including product design and consulting, data and analytics, cloud computing, DevOps, and cybersecurity.