CFC Planning Co LLC Invests $397,000 in EPAM Systems, Inc. $EPAM

CFC Planning Co LLC acquired a new position in EPAM Systems, Inc. (NYSE:EPAM) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 2,247 shares of the information technology services provider’s stock, valued at approximately $397,000.

Other hedge funds have also recently bought and sold shares of the company. Sound Income Strategies LLC bought a new position in EPAM Systems in the 2nd quarter worth about $29,000. Blue Trust Inc. grew its holdings in EPAM Systems by 40.5% in the 2nd quarter. Blue Trust Inc. now owns 333 shares of the information technology services provider’s stock worth $59,000 after buying an additional 96 shares in the last quarter. Parallel Advisors LLC grew its holdings in EPAM Systems by 215.5% in the 2nd quarter. Parallel Advisors LLC now owns 366 shares of the information technology services provider’s stock worth $65,000 after buying an additional 250 shares in the last quarter. UMB Bank n.a. increased its position in EPAM Systems by 275.0% in the 2nd quarter. UMB Bank n.a. now owns 390 shares of the information technology services provider’s stock valued at $69,000 after acquiring an additional 286 shares during the period. Finally, CX Institutional raised its stake in EPAM Systems by 82.8% during the 2nd quarter. CX Institutional now owns 457 shares of the information technology services provider’s stock valued at $81,000 after acquiring an additional 207 shares in the last quarter. 91.58% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Cowen raised EPAM Systems from a “hold” rating to a “buy” rating in a research note on Monday, August 18th. JPMorgan Chase & Co. increased their target price on shares of EPAM Systems from $201.00 to $215.00 and gave the company an “overweight” rating in a research report on Friday, November 7th. Citigroup upgraded shares of EPAM Systems to a “hold” rating in a research report on Thursday, October 23rd. TD Cowen raised shares of EPAM Systems from a “hold” rating to a “buy” rating and set a $205.00 price target for the company in a research note on Monday, August 18th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of EPAM Systems in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $213.81.

EPAM Systems Stock Performance

Shares of EPAM opened at $178.46 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.17 and a quick ratio of 3.17. The firm’s 50 day moving average is $159.16 and its 200-day moving average is $166.62. EPAM Systems, Inc. has a 12-month low of $138.15 and a 12-month high of $269.00. The stock has a market capitalization of $9.86 billion, a P/E ratio of 25.46, a P/E/G ratio of 2.36 and a beta of 1.67.

EPAM Systems (NYSE:EPAM) last released its earnings results on Thursday, November 6th. The information technology services provider reported $3.08 EPS for the quarter, beating the consensus estimate of $3.02 by $0.06. The business had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.39 billion. EPAM Systems had a net margin of 7.91% and a return on equity of 14.00%. The business’s quarterly revenue was up 19.4% on a year-over-year basis. During the same period in the prior year, the business earned $3.12 earnings per share. EPAM Systems has set its FY 2025 guidance at 11.360-11.440 EPS. Q4 2025 guidance at 3.100-3.18 EPS. Equities research analysts anticipate that EPAM Systems, Inc. will post 8.9 EPS for the current fiscal year.

EPAM Systems declared that its board has authorized a stock repurchase program on Tuesday, October 21st that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the information technology services provider to purchase up to 12.4% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s board of directors believes its stock is undervalued.

Insider Transactions at EPAM Systems

In related news, SVP Sergey Yezhkov sold 1,511 shares of the stock in a transaction on Tuesday, October 21st. The stock was sold at an average price of $150.27, for a total value of $227,057.97. Following the completion of the transaction, the senior vice president owned 146 shares in the company, valued at $21,939.42. This trade represents a 91.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Viktar Dvorkin sold 2,500 shares of the business’s stock in a transaction dated 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 in the company, valued at approximately $6,930,943.20. The trade was a 6.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 4,611 shares of company stock valued at $789,132 in the last three months. 4.30% of the stock is currently owned by corporate insiders.

EPAM Systems Profile

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.