EPAM Systems, Inc. $EPAM Shares Bought by SG Americas Securities LLC

SG Americas Securities LLC raised its stake in EPAM Systems, Inc. (NYSE:EPAM) by 1,577.4% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 21,689 shares of the information technology services provider’s stock after purchasing an additional 20,396 shares during the period. SG Americas Securities LLC’s holdings in EPAM Systems were worth $3,270,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. CYBER HORNET ETFs LLC bought a new stake in EPAM Systems in the second quarter valued at about $27,000. Sound Income Strategies LLC bought a new position in shares of EPAM Systems in the 2nd quarter worth about $29,000. True Wealth Design LLC lifted its position in shares of EPAM Systems by 1,870.0% in the 3rd quarter. True Wealth Design LLC now owns 197 shares of the information technology services provider’s stock worth $30,000 after buying an additional 187 shares during the last quarter. MUFG Securities EMEA plc acquired a new position in shares of EPAM Systems in the 2nd quarter valued at about $30,000. Finally, Elevation Point Wealth Partners LLC bought a new stake in shares of EPAM Systems during the 2nd quarter valued at about $49,000. Institutional investors own 91.58% of the company’s stock.

EPAM Systems Stock Performance

Shares of NYSE EPAM opened at $211.62 on Tuesday. EPAM Systems, Inc. has a 12-month low of $138.15 and a 12-month high of $269.00. The company has a market cap of $11.69 billion, a PE ratio of 32.31, a P/E/G ratio of 2.64 and a beta of 1.73. The stock has a 50 day simple moving average of $196.42 and a 200-day simple moving average of $174.03. The company has a current ratio of 3.02, a quick ratio of 3.02 and a debt-to-equity ratio of 0.01.

EPAM Systems (NYSE:EPAM) last announced its earnings results 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 return on equity of 13.16% and a net margin of 7.01%.The firm had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.39 billion. During the same quarter in the previous year, the business earned $3.12 EPS. The firm’s revenue for the quarter was up 19.4% on a year-over-year basis. EPAM Systems has set its FY 2025 guidance at 11.360-11.440 EPS and its Q4 2025 guidance at 3.100-3.18 EPS. On average, equities research analysts forecast that EPAM Systems, Inc. will post 8.9 EPS for the current year.

EPAM Systems announced that its board has authorized a share repurchase program 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 purchase up to 12.4% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board of directors believes its stock is undervalued.

Analyst Upgrades and Downgrades

EPAM has been the topic of a number of recent research reports. JPMorgan Chase & Co. raised their target price on shares of EPAM Systems from $201.00 to $215.00 and gave the stock an “overweight” rating in a report on Friday, November 7th. Truist Financial assumed coverage on EPAM Systems in a research report on Tuesday, January 6th. They set a “hold” rating and a $220.00 price target on the stock. TD Cowen boosted their price objective on EPAM Systems from $212.00 to $243.00 and gave the company a “buy” rating in a research report on Friday. Mizuho increased their target price on EPAM Systems from $225.00 to $228.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 11th. Finally, Wells Fargo & Company upgraded EPAM Systems to a “strong-buy” rating in a research note on Wednesday, October 22nd. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $211.50.

Insider Activity at EPAM Systems

In other EPAM Systems news, SVP Viktar Dvorkin sold 2,500 shares of the business’s stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of $181.80, for a total transaction of $454,500.00. Following the sale, the senior vice president directly owned 38,124 shares in the company, valued at approximately $6,930,943.20. The trade was a 6.15% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Boris Shnayder sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $207.00, for a total transaction of $1,035,000.00. Following the completion of the sale, the senior vice president directly owned 15,645 shares of the company’s stock, valued at approximately $3,238,515. This represents a 24.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 9,611 shares of company stock valued at $1,824,132 in the last ninety days. Company insiders own 4.30% of the company’s stock.

EPAM Systems Company Profile

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.