EPAM Systems, Inc. (NYSE:EPAM) CEO Arkadiy Dobkin sold 20,000 shares of the firm’s stock in a transaction that occurred on Monday, October 9th. The stock was sold at an average price of $89.88, for a total transaction of $1,797,600.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Arkadiy Dobkin also recently made the following trade(s):

  • On Monday, October 2nd, Arkadiy Dobkin sold 10,000 shares of EPAM Systems stock. The stock was sold at an average price of $87.47, for a total transaction of $874,700.00.
  • On Monday, September 25th, Arkadiy Dobkin sold 5,000 shares of EPAM Systems stock. The stock was sold at an average price of $83.04, for a total transaction of $415,200.00.
  • On Wednesday, September 27th, Arkadiy Dobkin sold 10,000 shares of EPAM Systems stock. The stock was sold at an average price of $84.02, for a total transaction of $840,200.00.
  • On Monday, September 18th, Arkadiy Dobkin sold 5,000 shares of EPAM Systems stock. The stock was sold at an average price of $82.66, for a total transaction of $413,300.00.
  • On Tuesday, September 12th, Arkadiy Dobkin sold 20,455 shares of EPAM Systems stock. The stock was sold at an average price of $85.56, for a total transaction of $1,750,129.80.
  • On Monday, September 11th, Arkadiy Dobkin sold 56,945 shares of EPAM Systems stock. The stock was sold at an average price of $84.79, for a total transaction of $4,828,366.55.
  • On Tuesday, September 5th, Arkadiy Dobkin sold 30,000 shares of EPAM Systems stock. The stock was sold at an average price of $82.15, for a total transaction of $2,464,500.00.
  • On Thursday, August 31st, Arkadiy Dobkin sold 25,000 shares of EPAM Systems stock. The stock was sold at an average price of $80.57, for a total transaction of $2,014,250.00.
  • On Monday, August 28th, Arkadiy Dobkin sold 5,000 shares of EPAM Systems stock. The stock was sold at an average price of $78.86, for a total transaction of $394,300.00.
  • On Tuesday, August 22nd, Arkadiy Dobkin sold 30,000 shares of EPAM Systems stock. The stock was sold at an average price of $80.14, for a total transaction of $2,404,200.00.

EPAM Systems, Inc. (EPAM) opened at 90.60 on Friday. EPAM Systems, Inc. has a one year low of $54.53 and a one year high of $90.85. The firm has a 50-day moving average of $84.92 and a 200 day moving average of $82.15. The company has a market capitalization of $4.76 billion, a P/E ratio of 43.75 and a beta of 0.99.

EPAM Systems (NYSE:EPAM) last issued its earnings results on Thursday, August 3rd. The information technology services provider reported $0.80 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.62 by $0.18. EPAM Systems had a net margin of 8.71% and a return on equity of 15.12%. The firm had revenue of $348.98 million during the quarter, compared to analyst estimates of $342.00 million. During the same quarter in the prior year, the business earned $0.71 earnings per share. EPAM Systems’s revenue for the quarter was up 23.0% on a year-over-year basis. On average, equities analysts forecast that EPAM Systems, Inc. will post $3.30 EPS for the current fiscal year.

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Large investors have recently modified their holdings of the stock. State of Wisconsin Investment Board boosted its position in shares of EPAM Systems by 28.2% during the second quarter. State of Wisconsin Investment Board now owns 70,490 shares of the information technology services provider’s stock worth $5,927,000 after acquiring an additional 15,490 shares during the last quarter. Brighton Jones LLC bought a new position in shares of EPAM Systems during the second quarter worth $484,000. Wellington Management Group LLP boosted its position in shares of EPAM Systems by 30.0% during the first quarter. Wellington Management Group LLP now owns 916,126 shares of the information technology services provider’s stock worth $69,186,000 after acquiring an additional 211,513 shares during the last quarter. Bank of New York Mellon Corp boosted its position in shares of EPAM Systems by 3.4% during the first quarter. Bank of New York Mellon Corp now owns 215,088 shares of the information technology services provider’s stock worth $16,244,000 after acquiring an additional 7,042 shares during the last quarter. Finally, Atria Investments LLC bought a new position in shares of EPAM Systems during the second quarter worth $206,000. Hedge funds and other institutional investors own 87.88% of the company’s stock.

Several research analysts recently commented on the stock. Cowen and Company reaffirmed a “buy” rating and issued a $95.00 price objective on shares of EPAM Systems in a report on Thursday. Zacks Investment Research downgraded shares of EPAM Systems from a “buy” rating to a “hold” rating in a report on Tuesday. BidaskClub raised shares of EPAM Systems from a “hold” rating to a “buy” rating in a report on Tuesday, October 3rd. KeyCorp raised their price objective on shares of EPAM Systems from $90.00 to $94.00 and gave the stock an “overweight” rating in a report on Wednesday, September 13th. Finally, Bank of America Corporation assumed coverage on shares of EPAM Systems in a report on Tuesday, September 12th. They issued a “buy” rating and a $95.00 price objective for the company. One research analyst has rated the stock with a hold rating and thirteen have issued a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $92.23.

About EPAM Systems

EPAM Systems, Inc is a g provider of software product development and digital platform engineering services to clients located primarily in North America, Europe, Asia and Australia. The Company’s service offerings cover the full software product development lifecycle from digital strategy and customer experience design to enterprise application platforms implementation and program management services and from complex software development services to maintenance, support, custom application development, application testing, and infrastructure management.

Insider Buying and Selling by Quarter for EPAM Systems (NYSE:EPAM)

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