2,022 Shares in EPAM Systems, Inc. $EPAM Bought by Stevens Capital Management LP

Stevens Capital Management LP bought a new stake in EPAM Systems, Inc. (NYSE:EPAM) in the 2nd quarter, Holdings Channel reports. The institutional investor bought 2,022 shares of the information technology services provider’s stock, valued at approximately $358,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in EPAM. Invesco Ltd. increased its stake in shares of EPAM Systems by 37.1% in the first quarter. Invesco Ltd. now owns 3,569,498 shares of the information technology services provider’s stock valued at $602,674,000 after buying an additional 965,089 shares during the period. Alyeska Investment Group L.P. grew its holdings in EPAM Systems by 2,332.9% during the 1st quarter. Alyeska Investment Group L.P. now owns 729,877 shares of the information technology services provider’s stock worth $123,232,000 after acquiring an additional 699,877 shares during the last quarter. ARGA Investment Management LP acquired a new position in EPAM Systems in the 2nd quarter valued at approximately $84,456,000. Fiera Capital Corp bought a new position in shares of EPAM Systems during the first quarter valued at $31,332,000. Finally, Senvest Management LLC lifted its holdings in shares of EPAM Systems by 63.1% during the second quarter. Senvest Management LLC now owns 443,606 shares of the information technology services provider’s stock worth $78,438,000 after purchasing an additional 171,645 shares during the period. 91.58% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on EPAM. Cowen upgraded EPAM Systems from a “hold” rating to a “buy” rating in a report on Monday, August 18th. Wall Street Zen cut EPAM Systems from a “buy” rating to a “hold” rating in a research note on Saturday, September 13th. JPMorgan Chase & Co. raised their price objective on EPAM Systems from $201.00 to $215.00 and gave the stock an “overweight” rating in a research report on Friday, November 7th. TD Cowen upgraded EPAM Systems from a “hold” rating to a “buy” rating and set a $205.00 target price on the stock in a report on Monday, August 18th. Finally, Citigroup upgraded shares of EPAM Systems to a “hold” rating in a report on Thursday, October 23rd. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $213.81.

Insider Activity

In other news, VP Gary C. Abrahams sold 600 shares of the stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $179.29, for a total transaction of $107,574.00. Following the transaction, the vice president owned 2,720 shares of the company’s stock, valued at $487,668.80. This represents a 18.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Viktar Dvorkin sold 2,500 shares of the firm’s stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of $181.80, for a total value of $454,500.00. Following the completion of the sale, the senior vice president owned 38,124 shares of the company’s stock, valued at approximately $6,930,943.20. This represents a 6.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 4,611 shares of company stock worth $789,132. Company insiders own 4.30% of the company’s stock.

EPAM Systems Price Performance

EPAM Systems stock opened at $180.88 on Friday. The stock has a market capitalization of $9.99 billion, a price-to-earnings ratio of 25.80, a PEG ratio of 2.36 and a beta of 1.67. EPAM Systems, Inc. has a 52-week low of $138.15 and a 52-week high of $269.00. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.17 and a current ratio of 3.17. The stock’s 50 day moving average price is $159.66 and its two-hundred day moving average price is $166.83.

EPAM Systems (NYSE:EPAM) last released its quarterly earnings data on Thursday, November 6th. The information technology services provider reported $3.08 earnings per share for the quarter, beating the consensus estimate of $3.02 by $0.06. EPAM Systems had a net margin of 7.91% and a return on equity of 14.00%. The company had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.39 billion. During the same quarter in the previous year, the business posted $3.12 EPS. EPAM Systems’s revenue for the quarter was up 19.4% compared to the same quarter last year. EPAM Systems has set its FY 2025 guidance at 11.360-11.440 EPS. Q4 2025 guidance at 3.100-3.18 EPS. On average, equities analysts predict that EPAM Systems, Inc. will post 8.9 earnings per share for the current year.

EPAM Systems announced that its Board of Directors has approved a share buyback plan on Tuesday, October 21st that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the information technology services provider to buy up to 12.4% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s board believes its stock is undervalued.

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.