EPAM Systems, Inc. $EPAM Shares Purchased by Aurora Investment Counsel

Aurora Investment Counsel raised its stake in shares of EPAM Systems, Inc. (NYSE:EPAM) by 4.2% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 6,358 shares of the information technology services provider’s stock after purchasing an additional 256 shares during the period. Aurora Investment Counsel’s holdings in EPAM Systems were worth $1,124,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of EPAM. Brighton Jones LLC acquired a new position in EPAM Systems during the fourth quarter worth approximately $218,000. Exchange Traded Concepts LLC increased its position in EPAM Systems by 32.9% during the first quarter. Exchange Traded Concepts LLC now owns 920 shares of the information technology services provider’s stock worth $155,000 after purchasing an additional 228 shares during the last quarter. State of Alaska Department of Revenue increased its position in EPAM Systems by 2.7% during the first quarter. State of Alaska Department of Revenue now owns 6,645 shares of the information technology services provider’s stock worth $1,121,000 after purchasing an additional 175 shares during the last quarter. Kentucky Retirement Systems Insurance Trust Fund acquired a new position in EPAM Systems during the first quarter worth approximately $268,000. Finally, Oppenheimer Asset Management Inc. increased its position in shares of EPAM Systems by 8.9% in the first quarter. Oppenheimer Asset Management Inc. now owns 44,372 shares of the information technology services provider’s stock worth $7,492,000 after acquiring an additional 3,621 shares in the last quarter. Institutional investors and hedge funds own 91.58% of the company’s stock.

EPAM Systems Price Performance

Shares of EPAM stock opened at $145.23 on Tuesday. The company has a market capitalization of $8.09 billion, a PE ratio of 20.72, a price-to-earnings-growth ratio of 2.10 and a beta of 1.65. The firm has a fifty day simple moving average of $158.39 and a 200-day simple moving average of $164.05. The company has a current ratio of 3.17, a quick ratio of 3.17 and a debt-to-equity ratio of 0.01. EPAM Systems, Inc. has a twelve month low of $138.15 and a twelve month high of $269.00.

EPAM Systems (NYSE:EPAM) last announced its earnings results on Thursday, August 7th. The information technology services provider reported $2.77 earnings per share for the quarter, beating the consensus estimate of $2.61 by $0.16. The business had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.33 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 18.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.45 earnings per share. EPAM Systems has set its FY 2025 guidance at 10.960-11.120 EPS. Q3 2025 guidance at 2.980-3.060 EPS. Equities research analysts anticipate that EPAM Systems, Inc. will post 8.9 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. dropped their price objective on shares of EPAM Systems from $205.00 to $201.00 and set an “overweight” rating for the company in a research report on Wednesday, August 20th. Morgan Stanley dropped their price objective on shares of EPAM Systems from $210.00 to $175.00 and set an “equal weight” rating for the company in a research report on Tuesday, September 9th. Wall Street Zen lowered shares of EPAM Systems from a “buy” rating to a “hold” rating in a research report on Saturday, September 13th. Weiss Ratings reissued a “sell (d+)” rating on shares of EPAM Systems in a research report on Wednesday, October 8th. Finally, Cowen raised shares of EPAM Systems from a “hold” rating to a “buy” rating in a research report on Monday, August 18th. Thirteen investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, EPAM Systems has a consensus rating of “Moderate Buy” and an average price target of $224.06.

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.