Andra AP fonden acquired a new position in shares of EPAM Systems, Inc. (NYSE:EPAM – Free Report) in the 3rd quarter, Holdings Channel.com reports. The fund acquired 13,133 shares of the information technology services provider’s stock, valued at approximately $1,980,000.
A number of other institutional investors have also made changes to their positions in EPAM. CYBER HORNET ETFs LLC acquired a new position in EPAM Systems during the second quarter valued at approximately $27,000. MUFG Securities EMEA plc acquired a new position in shares of EPAM Systems in the second quarter valued at $30,000. Manning & Napier Advisors LLC acquired a new position in EPAM Systems in the 3rd quarter valued at about $25,000. True Wealth Design LLC increased its stake in shares of EPAM Systems by 1,870.0% during the third quarter. True Wealth Design LLC now owns 197 shares of the information technology services provider’s stock worth $30,000 after purchasing an additional 187 shares during the period. Finally, CVA Family Office LLC lifted 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 worth $37,000 after buying an additional 242 shares in the last quarter. Institutional investors own 91.58% of the company’s stock.
Insider Buying and Selling at EPAM Systems
In other news, SVP Boris Shnayder sold 5,000 shares of EPAM Systems stock in a transaction on Wednesday, December 10th. The shares were 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. The trade was a 24.22% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 4.30% of the stock is currently owned by insiders.
EPAM Systems Price Performance
EPAM Systems (NYSE:EPAM – Get Free Report) last announced its quarterly earnings data on Thursday, February 19th. The information technology services provider reported $3.26 earnings per share for the quarter, topping the consensus estimate of $3.16 by $0.10. EPAM Systems had a return on equity of 13.57% and a net margin of 6.92%.The company had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.39 billion. During the same quarter last year, the firm posted $2.84 EPS. The firm’s revenue for the quarter was up 12.8% on a year-over-year basis. EPAM Systems has set its FY 2026 guidance at 12.600-12.900 EPS and its Q1 2026 guidance at 2.700-2.780 EPS. On average, research analysts expect that EPAM Systems, Inc. will post 8.9 EPS for the current year.
Analyst Ratings Changes
Several equities analysts have weighed in on the company. Zacks Research cut EPAM Systems from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 28th. The Goldman Sachs Group decreased their target price on shares of EPAM Systems from $250.00 to $235.00 and set a “buy” rating on the stock in a research note on Thursday, February 19th. TD Cowen reaffirmed a “buy” rating on shares of EPAM Systems in a research note on Monday, February 23rd. Truist Financial lowered their target price on EPAM Systems from $220.00 to $146.00 and set a “hold” rating for the company in a research report on Friday, February 20th. Finally, Morgan Stanley set a $160.00 target price on shares of EPAM Systems in a report on Friday, February 20th. Eleven analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $197.81.
Check Out Our Latest Stock Report on EPAM Systems
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.
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