Motley Fool Asset Management LLC Buys 83 Shares of EPAM Systems, Inc. $EPAM

Motley Fool Asset Management LLC increased its stake in shares of EPAM Systems, Inc. (NYSE:EPAM) by 6.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,443 shares of the information technology services provider’s stock after acquiring an additional 83 shares during the quarter. Motley Fool Asset Management LLC’s holdings in EPAM Systems were worth $255,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of EPAM. Sound Income Strategies LLC bought a new position in EPAM Systems during the second quarter worth $29,000. Blue Trust Inc. boosted its stake in EPAM Systems by 40.5% during 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 in the last quarter. Parallel Advisors LLC boosted its stake in EPAM Systems by 215.5% during 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 in the last quarter. UMB Bank n.a. lifted its stake 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 valued at $69,000 after buying an additional 286 shares in the last quarter. Finally, First Horizon Advisors Inc. lifted its stake in shares of EPAM Systems by 79.5% in the first quarter. First Horizon Advisors Inc. now owns 481 shares of the information technology services provider’s stock valued at $81,000 after buying an additional 213 shares in the last quarter. 91.58% of the stock is owned by institutional investors.

Insider Activity at EPAM Systems

In related news, SVP Sergey Yezhkov sold 1,511 shares of the firm’s stock in a transaction dated Tuesday, October 21st. The shares were 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 in the company, valued at approximately $21,939.42. This trade represents a 91.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 4.30% of the stock is currently owned by corporate insiders.

EPAM Systems Stock Performance

Shares of EPAM stock opened at $161.37 on Wednesday. The firm has a 50-day moving average of $158.15 and a 200-day moving average of $164.44. The company has a market cap of $8.99 billion, a P/E ratio of 23.02, a P/E/G ratio of 2.36 and a beta of 1.65. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.17 and a quick ratio of 3.17. EPAM Systems, Inc. has a one year low of $138.15 and a one year 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 EPS for the quarter, beating the consensus estimate of $2.61 by $0.16. The company 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 firm’s revenue for the quarter was up 18.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $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 forecast that EPAM Systems, Inc. will post 8.9 EPS for the current fiscal year.

EPAM Systems announced that its board has initiated a share repurchase program on Tuesday, October 21st that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the information technology services provider to reacquire up to 12.4% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its stock is undervalued.

Analysts Set New Price Targets

A number of research analysts have weighed in on EPAM shares. Wall Street Zen lowered shares of EPAM Systems from a “buy” rating to a “hold” rating in a research note on Saturday, September 13th. Deutsche Bank Aktiengesellschaft started coverage on shares of EPAM Systems in a research note on Thursday, July 17th. They issued a “hold” rating and a $171.00 price objective on the stock. TD Cowen raised shares of EPAM Systems from a “hold” rating to a “buy” rating and set a $205.00 price objective on the stock in a research note on Monday, August 18th. Cowen raised shares of EPAM Systems from a “hold” rating to a “buy” rating in a research note on Monday, August 18th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of EPAM Systems from $205.00 to $201.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 20th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently 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.