Shares of EPAM Systems, Inc. (NYSE:EPAM - Get Free Report) have been given a consensus rating of "Moderate Buy" by the twenty ratings firms that are presently covering the firm, MarketBeat Ratings reports. Six research analysts have rated the stock with a hold recommendation and fourteen have assigned a buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $272.20.
EPAM has been the subject of a number of analyst reports. Jefferies Financial Group increased their target price on shares of EPAM Systems from $237.00 to $250.00 and gave the company a "buy" rating in a research report on Monday, September 9th. StockNews.com upgraded shares of EPAM Systems from a "hold" rating to a "buy" rating in a research note on Friday, November 15th. Susquehanna raised their price target on shares of EPAM Systems from $240.00 to $270.00 and gave the stock a "positive" rating in a report on Friday, November 8th. Scotiabank upgraded EPAM Systems from a "sector perform" rating to a "sector outperform" rating and raised their target price for the stock from $245.00 to $275.00 in a research note on Monday, November 11th. Finally, Piper Sandler boosted their price target on EPAM Systems from $225.00 to $258.00 and gave the company an "overweight" rating in a research note on Thursday, November 7th.
View Our Latest Analysis on EPAM
EPAM Systems Stock Down 1.1 %
EPAM traded down $2.71 on Friday, hitting $238.47. The company had a trading volume of 319,527 shares, compared to its average volume of 632,302. The stock has a market capitalization of $13.53 billion, a price-to-earnings ratio of 30.97, a P/E/G ratio of 3.87 and a beta of 1.49. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.56 and a current ratio of 4.56. The stock has a fifty day moving average price of $230.09 and a 200-day moving average price of $208.43. EPAM Systems has a 12-month low of $169.43 and a 12-month high of $317.50.
Insider Buying and Selling
In other EPAM Systems news, SVP Viktar Dvorkin sold 6,758 shares of the company's stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $256.53, for a total value of $1,733,629.74. Following the completion of the sale, the senior vice president now directly owns 13,000 shares in the company, valued at $3,334,890. This represents a 34.20 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Jason D. Peterson sold 464 shares of the business's stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $257.00, for a total transaction of $119,248.00. Following the transaction, the chief financial officer now directly owns 24,372 shares in the company, valued at approximately $6,263,604. The trade was a 1.87 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 8,222 shares of company stock worth $2,089,878. 4.30% of the stock is owned by insiders.
Institutional Trading of EPAM Systems
Several institutional investors have recently made changes to their positions in the company. Livforsakringsbolaget Skandia Omsesidigt increased its stake in EPAM Systems by 181.8% during the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 155 shares of the information technology services provider's stock worth $31,000 after acquiring an additional 100 shares during the last quarter. Farther Finance Advisors LLC grew its holdings in shares of EPAM Systems by 101.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 211 shares of the information technology services provider's stock worth $42,000 after purchasing an additional 106 shares during the period. Capital Performance Advisors LLP acquired a new stake in shares of EPAM Systems during the 3rd quarter worth about $44,000. Sentry Investment Management LLC purchased a new stake in EPAM Systems in the 3rd quarter valued at about $52,000. Finally, Continuum Advisory LLC boosted its stake in EPAM Systems by 5,240.0% during the third quarter. Continuum Advisory LLC now owns 267 shares of the information technology services provider's stock worth $53,000 after buying an additional 262 shares during the period. Hedge funds and other institutional investors own 91.58% of the company's stock.
EPAM Systems Company Profile
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Get Free ReportEPAM 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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