EPAM Systems, Inc. $EPAM Shares Purchased by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC increased its position in shares of EPAM Systems, Inc. (NYSE:EPAM) by 107.7% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,102 shares of the information technology services provider’s stock after purchasing an additional 2,127 shares during the quarter. Nisa Investment Advisors LLC’s holdings in EPAM Systems were worth $725,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Sound Income Strategies LLC acquired a new position in shares of EPAM Systems in the second quarter worth $29,000. Blue Trust Inc. raised its holdings in shares of EPAM Systems by 40.5% in the second quarter. Blue Trust Inc. now owns 333 shares of the information technology services provider’s stock worth $59,000 after acquiring an additional 96 shares during the last quarter. Parallel Advisors LLC raised its holdings in shares of EPAM Systems by 215.5% in the second quarter. Parallel Advisors LLC now owns 366 shares of the information technology services provider’s stock worth $65,000 after acquiring an additional 250 shares during the last quarter. UMB Bank n.a. raised its holdings in shares of EPAM Systems by 275.0% in the second quarter. UMB Bank n.a. now owns 390 shares of the information technology services provider’s stock worth $69,000 after acquiring an additional 286 shares during the last quarter. Finally, CX Institutional raised its holdings in shares of EPAM Systems by 82.8% in the second quarter. CX Institutional now owns 457 shares of the information technology services provider’s stock worth $81,000 after acquiring an additional 207 shares during the last quarter. 91.58% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at EPAM Systems

In other EPAM Systems news, SVP Sergey Yezhkov sold 1,511 shares of the business’s stock in a transaction dated Tuesday, October 21st. The stock was sold at an average price of $150.27, for a total transaction of $227,057.97. Following the completion of the sale, the senior vice president owned 146 shares of the company’s stock, valued at approximately $21,939.42. The trade was a 91.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 4.30% of the company’s stock.

EPAM Systems Price Performance

Shares of NYSE:EPAM opened at $163.44 on Friday. The business has a fifty day simple moving average of $157.72 and a 200-day simple moving average of $164.68. EPAM Systems, Inc. has a 52 week low of $138.15 and a 52 week high of $269.00. The company has a quick ratio of 3.17, a current ratio of 3.17 and a debt-to-equity ratio of 0.01. The company has a market cap of $9.10 billion, a P/E ratio of 23.31, a P/E/G ratio of 2.36 and a beta of 1.65.

EPAM Systems (NYSE:EPAM) last posted its quarterly earnings results on Thursday, August 7th. The information technology services provider reported $2.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.61 by $0.16. EPAM Systems had a return on equity of 14.00% and a net margin of 7.91%.The firm had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.33 billion. During the same quarter in the previous year, the business earned $2.45 earnings per share. The firm’s quarterly revenue was up 18.0% compared to the same quarter last year. 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 forecast that EPAM Systems, Inc. will post 8.9 EPS for the current year.

EPAM Systems announced that its board has initiated a share buyback plan on Tuesday, October 21st that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the information technology services provider to reacquire up to 12.4% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s management believes its shares are undervalued.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on EPAM shares. Citigroup raised EPAM Systems to a “hold” rating in a report on Thursday, October 23rd. Deutsche Bank Aktiengesellschaft assumed coverage on EPAM Systems in a research report on Thursday, July 17th. They issued a “hold” rating and a $171.00 price objective for the company. JPMorgan Chase & Co. lowered their price objective on EPAM Systems from $205.00 to $201.00 and set an “overweight” rating for the company in a research report on Wednesday, August 20th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of EPAM Systems in a research report on Wednesday, October 8th. Finally, TD Cowen raised EPAM Systems from a “hold” rating to a “buy” rating and set a $205.00 price objective for the company in a research report on Monday, August 18th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued 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, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $219.41.

EPAM Systems Company 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.