Key Points
- SVP Viktar Dvorkin sold 2,500 shares on Nov. 13 at an average price of $181.80 for a total of $454,500, trimming his stake by 6.15% to 38,124 shares (≈$6.93M).
- EPAM beat quarterly EPS estimates ($3.08 vs. $3.02) with revenue of $1.39B (+19.4% YoY) and set FY2025 guidance of 11.360–11.440 EPS and Q4 guidance of 3.10–3.18 EPS.
- The board authorized a $1.00 billion buyback (up to 12.4% of shares); the stock traded near $178.94 (down ~0.8%), with analysts holding an average rating of “Moderate Buy” and a $213.81 target.
EPAM Systems, Inc. (NYSE:EPAM - Get Free Report) SVP Viktar Dvorkin sold 2,500 shares of the company's stock in a transaction on Thursday, November 13th. The stock was sold at an average price of $181.80, for a total value of $454,500.00. Following the sale, the senior vice president owned 38,124 shares of the company's stock, valued at approximately $6,930,943.20. The trade was a 6.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
EPAM Systems Trading Down 0.8%
EPAM Systems stock traded down $1.53 during midday trading on Friday, reaching $178.94. The stock had a trading volume of 131,498 shares, compared to its average volume of 770,844. The stock's 50-day simple moving average is $157.43 and its 200 day simple moving average is $165.92. The stock has a market capitalization of $9.97 billion, a PE ratio of 25.56, a price-to-earnings-growth ratio of 2.36 and a beta of 1.67. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.17 and a current ratio of 3.17. EPAM Systems, Inc. has a twelve month low of $138.15 and a twelve month high of $269.00.
EPAM Systems (NYSE:EPAM - Get Free Report) last released its quarterly earnings data on Thursday, November 6th. The information technology services provider reported $3.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.02 by $0.06. EPAM Systems had a net margin of 7.91% and a return on equity of 14.00%. The company had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.39 billion. During the same quarter in the prior year, the business earned $3.12 earnings per share. The business's quarterly revenue was up 19.4% compared to the same quarter last year. EPAM Systems has set its FY 2025 guidance at 11.360-11.440 EPS. Q4 2025 guidance at 3.100-3.18 EPS. Analysts expect that EPAM Systems, Inc. will post 8.9 EPS for the current year.
EPAM Systems announced that its board has initiated a stock repurchase program on Tuesday, October 21st that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the information technology services provider to repurchase up to 12.4% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's leadership believes its shares are undervalued.
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in the business. IFP Advisors Inc increased its holdings in shares of EPAM Systems by 8.8% during the second quarter. IFP Advisors Inc now owns 854 shares of the information technology services provider's stock valued at $152,000 after purchasing an additional 69 shares during the period. CWM LLC boosted its stake in EPAM Systems by 1.1% during the 3rd quarter. CWM LLC now owns 6,546 shares of the information technology services provider's stock valued at $987,000 after purchasing an additional 71 shares in the last quarter. Main Management ETF Advisors LLC raised its position in shares of EPAM Systems by 1.7% during the second quarter. Main Management ETF Advisors LLC now owns 4,398 shares of the information technology services provider's stock worth $778,000 after purchasing an additional 72 shares during the period. IFM Investors Pty Ltd increased its stake in EPAM Systems by 0.7% in the 1st quarter. IFM Investors Pty Ltd now owns 11,326 shares of the information technology services provider's stock worth $1,912,000 after purchasing an additional 76 shares in the last quarter. Finally, Wallace Advisory Group LLC lifted its stake in EPAM Systems by 3.1% during the second quarter. Wallace Advisory Group LLC now owns 2,522 shares of the information technology services provider's stock valued at $426,000 after buying an additional 76 shares in the last quarter. Institutional investors and hedge funds own 91.58% of the company's stock.
Wall Street Analyst Weigh In
EPAM has been the subject of a number of recent analyst reports. Mizuho raised their price target on shares of EPAM Systems from $225.00 to $228.00 and gave the stock an "outperform" rating in a research report on Tuesday. Wells Fargo & Company raised EPAM Systems to a "strong-buy" rating in a report on Wednesday, October 22nd. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of EPAM Systems in a report on Wednesday, October 8th. Deutsche Bank Aktiengesellschaft initiated coverage on EPAM Systems in a research report on Thursday, July 17th. They issued a "hold" rating and a $171.00 target price for the company. Finally, Citigroup upgraded shares of EPAM Systems to a "hold" rating in a research note on Thursday, October 23rd. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, EPAM Systems currently has an average rating of "Moderate Buy" and an average target price of $213.81.
View Our Latest Stock Analysis on EPAM
About EPAM Systems
(
Get Free Report)
EPAM Systems, Inc provides digital platform engineering and software development services worldwide. The company offers engineering services, including requirements analysis and platform selection, customization, cross-platform migration, implementation, and integration; infrastructure management services, such as software development, testing, performance tuning, deployment, maintenance, and support services.
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