EPAM Systems, Inc. (NYSE:EPAM) CEO Arkadiy Dobkin sold 10,000 shares of EPAM Systems stock in a transaction that occurred on Thursday, November 2nd. The stock was sold at an average price of $95.00, for a total transaction of $950,000.00. Following the transaction, the chief executive officer now directly owns 1,985,851 shares in the company, valued at approximately $188,655,845. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Arkadiy Dobkin also recently made the following trade(s):

  • On Monday, November 6th, Arkadiy Dobkin sold 74,293 shares of EPAM Systems stock. The stock was sold at an average price of $99.16, for a total transaction of $7,366,893.88.
  • On Monday, October 30th, Arkadiy Dobkin sold 15,000 shares of EPAM Systems stock. The stock was sold at an average price of $90.81, for a total transaction of $1,362,150.00.
  • On Monday, October 23rd, Arkadiy Dobkin sold 15,000 shares of EPAM Systems stock. The stock was sold at an average price of $91.09, for a total transaction of $1,366,350.00.
  • On Monday, October 16th, Arkadiy Dobkin sold 15,000 shares of EPAM Systems stock. The stock was sold at an average price of $90.92, for a total transaction of $1,363,800.00.
  • On Monday, October 9th, Arkadiy Dobkin sold 20,000 shares of EPAM Systems stock. The stock was sold at an average price of $89.88, for a total transaction of $1,797,600.00.
  • On Monday, October 2nd, Arkadiy Dobkin sold 10,000 shares of EPAM Systems stock. The stock was sold at an average price of $87.47, for a total transaction of $874,700.00.
  • On Monday, September 25th, Arkadiy Dobkin sold 5,000 shares of EPAM Systems stock. The stock was sold at an average price of $83.04, for a total transaction of $415,200.00.
  • On Wednesday, September 27th, Arkadiy Dobkin sold 10,000 shares of EPAM Systems stock. The stock was sold at an average price of $84.02, for a total transaction of $840,200.00.
  • On Monday, September 18th, Arkadiy Dobkin sold 5,000 shares of EPAM Systems stock. The stock was sold at an average price of $82.66, for a total transaction of $413,300.00.
  • On Tuesday, September 12th, Arkadiy Dobkin sold 20,455 shares of EPAM Systems stock. The stock was sold at an average price of $85.56, for a total transaction of $1,750,129.80.

EPAM Systems, Inc. (EPAM) opened at $99.95 on Tuesday. EPAM Systems, Inc. has a one year low of $54.53 and a one year high of $100.30. The firm has a market cap of $5,255.43, a P/E ratio of 39.40, a P/E/G ratio of 2.12 and a beta of 0.95. The company has a quick ratio of 6.05, a current ratio of 6.05 and a debt-to-equity ratio of 0.03.

EPAM Systems (NYSE:EPAM) last released its quarterly earnings data on Thursday, November 2nd. The information technology services provider reported $0.92 earnings per share for the quarter, beating analysts’ consensus estimates of $0.85 by $0.07. EPAM Systems had a net margin of 9.41% and a return on equity of 16.35%. The business had revenue of $377.50 million during the quarter, compared to analyst estimates of $368.22 million. During the same period in the previous year, the business earned $0.76 EPS. EPAM Systems’s revenue was up 26.6% compared to the same quarter last year. equities analysts predict that EPAM Systems, Inc. will post 2.55 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: This piece of content was first reported by Watch List News and is owned by of Watch List News. If you are viewing this piece of content on another website, it was illegally copied and reposted in violation of United States & international trademark & copyright law. The legal version of this piece of content can be accessed at https://www.watchlistnews.com/epam-systems-inc-epam-ceo-arkadiy-dobkin-sells-10000-shares-of-stock/1684521.html.

Institutional investors have recently added to or reduced their stakes in the stock. Acrospire Investment Management LLC purchased a new position in EPAM Systems in the 2nd quarter valued at approximately $101,000. Jacobi Capital Management LLC purchased a new position in EPAM Systems in the 2nd quarter valued at approximately $119,000. PNC Financial Services Group Inc. grew its stake in EPAM Systems by 34.9% in the 2nd quarter. PNC Financial Services Group Inc. now owns 1,462 shares of the information technology services provider’s stock valued at $123,000 after buying an additional 378 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in EPAM Systems by 11.6% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,591 shares of the information technology services provider’s stock valued at $134,000 after buying an additional 166 shares in the last quarter. Finally, US Bancorp DE grew its stake in EPAM Systems by 1,762.5% in the 2nd quarter. US Bancorp DE now owns 2,086 shares of the information technology services provider’s stock valued at $175,000 after buying an additional 1,974 shares in the last quarter. Institutional investors and hedge funds own 88.60% of the company’s stock.

A number of equities research analysts recently commented on the stock. Bank of America Corporation lifted their price target on shares of EPAM Systems from $95.00 to $110.00 and gave the stock a “buy” rating in a report on Monday. Citigroup Inc. lifted their price target on shares of EPAM Systems from $105.00 to $110.00 and gave the stock a “buy” rating in a report on Friday. Needham & Company LLC reaffirmed a “buy” rating and issued a $110.00 price target (up previously from $90.00) on shares of EPAM Systems in a report on Friday. UBS AG reaffirmed a “buy” rating and issued a $105.00 price target (up previously from $96.00) on shares of EPAM Systems in a report on Friday. Finally, Cantor Fitzgerald reaffirmed a “buy” rating and issued a $92.00 price target on shares of EPAM Systems in a report on Thursday, November 2nd. Fifteen investment analysts have rated the stock with a buy rating, The stock has a consensus rating of “Buy” and a consensus target price of $98.29.

EPAM Systems Company Profile

EPAM Systems, Inc is a g provider of software product development and digital platform engineering services to clients located primarily in North America, Europe, Asia and Australia. The Company’s service offerings cover the full software product development lifecycle from digital strategy and customer experience design to enterprise application platforms implementation and program management services and from complex software development services to maintenance, support, custom application development, application testing, and infrastructure management.

Insider Buying and Selling by Quarter for EPAM Systems (NYSE:EPAM)

Receive News & Ratings for EPAM Systems Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EPAM Systems Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.