EPAM Systems, Inc. $EPAM Stake Lifted by Baillie Gifford & Co.

Baillie Gifford & Co. raised its stake in EPAM Systems, Inc. (NYSE:EPAM) by 20.7% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 1,293,857 shares of the information technology services provider’s stock after buying an additional 221,544 shares during the quarter. Baillie Gifford & Co.’s holdings in EPAM Systems were worth $195,101,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. UniSuper Management Pty Ltd raised its holdings in shares of EPAM Systems by 5.2% during the third quarter. UniSuper Management Pty Ltd now owns 18,564 shares of the information technology services provider’s stock valued at $2,799,000 after buying an additional 914 shares during the last quarter. Gibbs Wealth Management raised its stake in EPAM Systems by 13.7% during the 3rd quarter. Gibbs Wealth Management now owns 5,950 shares of the information technology services provider’s stock valued at $897,000 after acquiring an additional 716 shares in the last quarter. Teacher Retirement System of Texas boosted its position in EPAM Systems by 22.2% during the 3rd quarter. Teacher Retirement System of Texas now owns 18,341 shares of the information technology services provider’s stock worth $2,766,000 after acquiring an additional 3,336 shares during the period. Covestor Ltd grew its stake in shares of EPAM Systems by 30.0% in the third quarter. Covestor Ltd now owns 1,127 shares of the information technology services provider’s stock worth $170,000 after purchasing an additional 260 shares in the last quarter. Finally, CVA Family Office LLC increased its holdings in shares of EPAM Systems by 4,840.0% during the third quarter. CVA Family Office LLC now owns 247 shares of the information technology services provider’s stock valued at $37,000 after purchasing an additional 242 shares during the period. Institutional investors and hedge funds own 91.58% of the company’s stock.

EPAM Systems Trading Down 0.3%

Shares of NYSE:EPAM opened at $218.35 on Friday. The company has a quick ratio of 3.02, a current ratio of 3.02 and a debt-to-equity ratio of 0.01. EPAM Systems, Inc. has a 12-month low of $138.15 and a 12-month high of $269.00. The firm has a fifty day moving average of $203.78 and a two-hundred day moving average of $176.31. The firm has a market capitalization of $12.06 billion, a P/E ratio of 33.34, a price-to-earnings-growth ratio of 2.73 and a beta of 1.73.

EPAM Systems (NYSE:EPAM) last released its quarterly earnings results on Thursday, November 6th. The information technology services provider reported $3.08 earnings per share for the quarter, beating analysts’ consensus estimates of $3.02 by $0.06. The business had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.39 billion. EPAM Systems had a net margin of 7.01% and a return on equity of 13.16%. EPAM Systems’s revenue for the quarter was up 19.4% on a year-over-year basis. During the same quarter last year, the firm earned $3.12 EPS. 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 analysts expect that EPAM Systems, Inc. will post 8.9 EPS for the current fiscal year.

EPAM Systems declared that its Board of Directors has authorized a stock buyback plan on Tuesday, October 21st that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the information technology services provider to purchase up to 12.4% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.

Insider Activity at EPAM Systems

In other EPAM Systems news, VP Gary C. Abrahams sold 600 shares of the company’s stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $179.29, for a total transaction of $107,574.00. Following the completion of the sale, 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Viktar Dvorkin sold 2,500 shares of the firm’s stock in a transaction that occurred on 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 directly owned 38,124 shares in the company, valued at $6,930,943.20. This trade represents a 6.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 8,100 shares of company stock valued at $1,597,074. Corporate insiders own 4.30% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on EPAM shares. Truist Financial began coverage on shares of EPAM Systems in a research report on Tuesday, January 6th. They issued a “hold” rating and a $220.00 target price for the company. Citigroup raised shares of EPAM Systems to a “hold” rating in a research note on Thursday, October 23rd. JPMorgan Chase & Co. raised their price objective on shares of EPAM Systems from $201.00 to $215.00 and gave the company an “overweight” rating in a research note on Friday, November 7th. Mizuho boosted their price objective on EPAM Systems from $225.00 to $228.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 11th. Finally, TD Cowen reissued a “buy” rating on shares of EPAM Systems in a report on Friday, January 9th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $210.53.

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.