Rep. Gilbert Ray Cisneros, Jr. Sells Off Shares of EPAM Systems, Inc. (NYSE:EPAM)

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of EPAM Systems, Inc. (NYSE:EPAM). In a filing disclosed on May 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in EPAM Systems stock on April 14th. 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):

• Purchased $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 5/1/2026.
• Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 5/1/2026.
• Sold $1,001 – $15,000 in shares of SS&C Technologies (NASDAQ:SSNC) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Wayfair (NYSE:W) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of STERIS (NYSE:STE) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Sensata Technologies (NYSE:ST) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 5/1/2026.

EPAM Systems Stock Up 3.6%

NYSE:EPAM traded up $3.22 on Friday, reaching $92.91. The stock had a trading volume of 2,209,357 shares, compared to its average volume of 1,701,674. The company has a current ratio of 2.67, a quick ratio of 2.67 and a debt-to-equity ratio of 0.05. The company has a 50-day moving average of $125.86 and a 200 day moving average of $166.34. The stock has a market cap of $4.85 billion, a P/E ratio of 13.33, a price-to-earnings-growth ratio of 0.85 and a beta of 1.45. EPAM Systems, Inc. has a 12-month low of $89.25 and a 12-month high of $222.53.

EPAM Systems (NYSE:EPAM) last posted its quarterly earnings data on Thursday, May 7th. The information technology services provider reported $2.86 earnings per share for the quarter, beating analysts’ consensus estimates of $2.75 by $0.11. The company had revenue of $1.40 billion during the quarter, compared to analysts’ expectations of $1.39 billion. EPAM Systems had a net margin of 6.96% and a return on equity of 14.71%. The firm’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same period in the prior year, the company posted $2.41 EPS. EPAM Systems has set its Q2 2026 guidance at 3.100-3.180 EPS. On average, research analysts predict that EPAM Systems, Inc. will post 10.08 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. The Goldman Sachs Group cut shares of EPAM Systems from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $215.00 to $110.00 in a research report on Friday, May 8th. Mizuho upped their price objective on shares of EPAM Systems from $199.00 to $200.00 and gave the company an “outperform” rating in a research report on Monday, March 16th. Guggenheim decreased their price objective on shares of EPAM Systems from $225.00 to $200.00 and set a “buy” rating for the company in a research report on Monday, May 4th. Susquehanna cut their target price on shares of EPAM Systems from $199.00 to $167.00 and set a “positive” rating on the stock in a research note on Monday, May 4th. Finally, Weiss Ratings lowered EPAM Systems from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, May 7th. Seven analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $155.50.

Institutional Trading of EPAM Systems

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Boston Partners acquired a new stake in EPAM Systems during the fourth quarter worth about $349,428,000. Capital World Investors raised its stake in EPAM Systems by 59.4% during the fourth quarter. Capital World Investors now owns 3,679,590 shares of the information technology services provider’s stock worth $753,874,000 after acquiring an additional 1,371,557 shares during the period. Norges Bank acquired a new stake in EPAM Systems during the fourth quarter worth about $147,870,000. Price T Rowe Associates Inc. MD raised its stake in EPAM Systems by 849.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 784,101 shares of the information technology services provider’s stock worth $160,649,000 after acquiring an additional 701,500 shares during the period. Finally, Ameriprise Financial Inc. raised its stake in EPAM Systems by 28.9% during the third quarter. Ameriprise Financial Inc. now owns 2,662,843 shares of the information technology services provider’s stock worth $401,532,000 after acquiring an additional 596,760 shares during the period. 91.58% of the stock is owned by institutional investors.

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.