Key Points
- EPAM VP Gary Abrahams sold 600 shares on November 17 at an average price of $179.29 for $107,574, reducing his holding by 18.07% to 2,720 shares (≈$487,669), according to an SEC filing.
- Strong results and buyback: EPAM beat quarterly EPS estimates ($3.08 vs. $3.02) on $1.39B revenue (+19.4% YoY), set FY2025 EPS guidance of 11.36–11.44, and authorized a $1.0 billion share buyback (~12.4% of outstanding shares).
- Analyst and market backdrop: The stock carries a "Moderate Buy" consensus with a $213.81 average target, trades around $178 within a 12‑month $138–$269 range, and is ~91.6% institutionally owned.
EPAM Systems, Inc. (NYSE:EPAM - Get Free Report) VP Gary Abrahams sold 600 shares of the business's stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $179.29, for a total value of $107,574.00. Following the completion of the sale, the vice president directly owned 2,720 shares of the company's stock, valued at approximately $487,668.80. The trade was a 18.07% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
EPAM Systems Price Performance
Shares of EPAM opened at $178.27 on Tuesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.17 and a current ratio of 3.17. The firm has a market cap of $9.85 billion, a PE ratio of 25.43, a PEG ratio of 2.36 and a beta of 1.67. The firm's 50 day moving average price is $157.91 and its 200 day moving average price is $166.30. 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 announced its quarterly earnings results on Thursday, November 6th. The information technology services provider reported $3.08 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 for the quarter, compared to analyst estimates of $1.39 billion. During the same quarter in the prior year, the business posted $3.12 EPS. EPAM Systems's quarterly revenue was up 19.4% on a year-over-year basis. EPAM Systems has set its FY 2025 guidance at 11.360-11.440 EPS. Q4 2025 guidance at 3.100-3.18 EPS. As a group, research analysts expect that EPAM Systems, Inc. will post 8.9 EPS for the current fiscal year.
EPAM Systems declared that its board has approved a stock buyback 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 shares through open market purchases. Shares buyback programs are typically a sign that the company's board of directors believes its stock is undervalued.
Analysts Set New Price Targets
A number of analysts have weighed in on EPAM shares. Mizuho boosted their price target on EPAM Systems from $225.00 to $228.00 and gave the stock an "outperform" rating in a research report on Tuesday, November 11th. Weiss Ratings restated a "sell (d+)" rating on shares of EPAM Systems in a report on Wednesday, October 8th. TD Cowen upgraded EPAM Systems from a "hold" rating to a "buy" rating and set a $205.00 price target on the stock in a report on Monday, August 18th. Citigroup raised shares of EPAM Systems to a "hold" rating in a research report on Thursday, October 23rd. Finally, Morgan Stanley lowered their target price on shares of EPAM Systems from $210.00 to $175.00 and set an "equal weight" rating on the stock in a research note on Tuesday, September 9th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $213.81.
Get Our Latest Analysis on EPAM
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of EPAM. Brighton Jones LLC bought a new position in EPAM Systems during the fourth quarter worth $218,000. Victory Capital Management Inc. lifted its stake in shares of EPAM Systems by 6.6% in the first quarter. Victory Capital Management Inc. now owns 18,348 shares of the information technology services provider's stock valued at $3,098,000 after buying an additional 1,135 shares during the period. IFP Advisors Inc grew its position in EPAM Systems by 149.2% during the first quarter. IFP Advisors Inc now owns 785 shares of the information technology services provider's stock worth $133,000 after buying an additional 470 shares in the last quarter. Teachers Retirement System of The State of Kentucky increased its stake in EPAM Systems by 2.4% during the first quarter. Teachers Retirement System of The State of Kentucky now owns 4,363 shares of the information technology services provider's stock valued at $737,000 after acquiring an additional 102 shares during the period. Finally, Allianz Asset Management GmbH increased its stake in EPAM Systems by 201.4% during the first quarter. Allianz Asset Management GmbH now owns 81,877 shares of the information technology services provider's stock valued at $13,824,000 after acquiring an additional 54,715 shares during the period. 91.58% of the stock is currently owned by institutional investors and hedge funds.
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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