EPAM Systems, Inc. (NYSE:EPAM) CEO Arkadiy Dobkin sold 10,000 shares of the company’s stock in a transaction on Monday, October 2nd. The shares were sold at an average price of $87.47, for a total transaction of $874,700.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

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

  • On Monday, September 25th, Arkadiy Dobkin sold 5,000 shares of EPAM Systems stock. The shares were 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 shares were 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 shares were 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 shares were sold at an average price of $85.56, for a total transaction of $1,750,129.80.
  • On Monday, September 11th, Arkadiy Dobkin sold 56,945 shares of EPAM Systems stock. The shares were sold at an average price of $84.79, for a total transaction of $4,828,366.55.
  • On Tuesday, September 5th, Arkadiy Dobkin sold 30,000 shares of EPAM Systems stock. The shares were sold at an average price of $82.15, for a total transaction of $2,464,500.00.
  • On Thursday, August 31st, Arkadiy Dobkin sold 25,000 shares of EPAM Systems stock. The shares were sold at an average price of $80.57, for a total transaction of $2,014,250.00.
  • On Monday, August 28th, Arkadiy Dobkin sold 5,000 shares of EPAM Systems stock. The shares were sold at an average price of $78.86, for a total transaction of $394,300.00.
  • On Tuesday, August 22nd, Arkadiy Dobkin sold 30,000 shares of EPAM Systems stock. The shares were sold at an average price of $80.14, for a total transaction of $2,404,200.00.
  • On Monday, August 14th, Arkadiy Dobkin sold 25,100 shares of EPAM Systems stock. The shares were sold at an average price of $80.49, for a total transaction of $2,020,299.00.

EPAM Systems, Inc. (EPAM) traded up 0.17% during trading on Wednesday, hitting $89.48. 362,413 shares of the stock were exchanged. The stock has a market cap of $4.70 billion, a P/E ratio of 43.21 and a beta of 0.99. EPAM Systems, Inc. has a 52 week low of $54.53 and a 52 week high of $89.79. The stock has a 50 day moving average of $83.11 and a 200-day moving average of $81.41.

EPAM Systems (NYSE:EPAM) last posted its quarterly earnings data on Thursday, August 3rd. The information technology services provider reported $0.80 EPS for the quarter, topping the consensus estimate of $0.62 by $0.18. EPAM Systems had a net margin of 8.71% and a return on equity of 15.12%. The business had revenue of $348.98 million for the quarter, compared to analyst estimates of $342.00 million. During the same quarter in the previous year, the firm posted $0.71 earnings per share. EPAM Systems’s quarterly revenue was up 23.0% on a year-over-year basis. Equities analysts expect that EPAM Systems, Inc. will post $3.30 EPS for the current fiscal year.

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A number of large investors have recently bought and sold shares of EPAM. First Trust Advisors LP boosted its stake in EPAM Systems by 44.5% during the first quarter. First Trust Advisors LP now owns 13,526 shares of the information technology services provider’s stock worth $1,021,000 after acquiring an additional 4,165 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in EPAM Systems by 3.4% during the first quarter. Bank of New York Mellon Corp now owns 215,088 shares of the information technology services provider’s stock worth $16,244,000 after acquiring an additional 7,042 shares in the last quarter. UBS Asset Management Americas Inc. boosted its stake in EPAM Systems by 19.2% during the first quarter. UBS Asset Management Americas Inc. now owns 22,495 shares of the information technology services provider’s stock worth $1,699,000 after acquiring an additional 3,616 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in EPAM Systems by 5.0% during the first quarter. Envestnet Asset Management Inc. now owns 17,983 shares of the information technology services provider’s stock worth $1,358,000 after acquiring an additional 859 shares in the last quarter. Finally, Prudential Financial Inc. boosted its stake in EPAM Systems by 24.7% during the first quarter. Prudential Financial Inc. now owns 6,710 shares of the information technology services provider’s stock worth $507,000 after acquiring an additional 1,330 shares in the last quarter. 87.88% of the stock is currently owned by institutional investors and hedge funds.

A number of analysts have commented on EPAM shares. Berenberg Bank set a $95.00 price target on shares of EPAM Systems and gave the company a “buy” rating in a research report on Sunday, August 6th. UBS AG upped their price target on shares of EPAM Systems from $89.00 to $96.00 and gave the company a “buy” rating in a research report on Friday, August 4th. Cowen and Company reaffirmed a “buy” rating and set a $95.00 price target on shares of EPAM Systems in a research report on Friday, September 1st. Jefferies Group LLC set a $95.00 price objective on shares of EPAM Systems and gave the stock a “buy” rating in a research report on Thursday, August 17th. Finally, Bank of America Corporation assumed coverage on shares of EPAM Systems in a research report on Tuesday, September 12th. They set a “buy” rating and a $95.00 price objective on the stock. Fourteen investment analysts have rated the stock with a buy rating, The company has a consensus rating of “Buy” and a consensus target price of $92.23.

About EPAM Systems

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)

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