EPAM Systems, Inc. (NYSE:EPAM) CEO Arkadiy Dobkin sold 15,000 shares of the stock in a transaction that occurred on Monday, October 16th. The shares were sold at an average price of $90.92, for a total value of $1,363,800.00. The sale was disclosed in a document filed with the SEC, which is available through this link.

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

  • On Monday, October 9th, Arkadiy Dobkin sold 20,000 shares of EPAM Systems stock. The shares were sold at an average price of $89.88, for a total value of $1,797,600.00.
  • On Monday, October 2nd, Arkadiy Dobkin sold 10,000 shares of EPAM Systems stock. The shares were sold at an average price of $87.47, for a total value of $874,700.00.
  • On Monday, September 25th, Arkadiy Dobkin sold 5,000 shares of EPAM Systems stock. The shares were sold at an average price of $83.04, for a total value of $415,200.00.
  • On Wednesday, September 27th, Arkadiy Dobkin sold 10,000 shares of EPAM Systems stock. The shares were sold at an average price of $84.02, for a total value of $840,200.00.
  • On Monday, September 18th, Arkadiy Dobkin sold 5,000 shares of EPAM Systems stock. The shares were sold at an average price of $82.66, for a total value of $413,300.00.
  • On Tuesday, September 12th, Arkadiy Dobkin sold 20,455 shares of EPAM Systems stock. The shares were sold at an average price of $85.56, for a total value of $1,750,129.80.
  • On Monday, September 11th, Arkadiy Dobkin sold 56,945 shares of EPAM Systems stock. The shares were sold at an average price of $84.79, for a total value of $4,828,366.55.
  • On Tuesday, September 5th, Arkadiy Dobkin sold 30,000 shares of EPAM Systems stock. The shares were sold at an average price of $82.15, for a total value of $2,464,500.00.
  • On Thursday, August 31st, Arkadiy Dobkin sold 25,000 shares of EPAM Systems stock. The shares were sold at an average price of $80.57, for a total value of $2,014,250.00.
  • On Monday, August 28th, Arkadiy Dobkin sold 5,000 shares of EPAM Systems stock. The shares were sold at an average price of $78.86, for a total value of $394,300.00.

EPAM Systems, Inc. (NYSE:EPAM) traded down 0.45% during midday trading on Wednesday, hitting $90.54. The stock had a trading volume of 161,714 shares. The stock has a 50-day moving average price of $85.44 and a 200 day moving average price of $82.38. The firm has a market cap of $4.76 billion, a P/E ratio of 43.72 and a beta of 0.99. EPAM Systems, Inc. has a 12-month low of $54.53 and a 12-month high of $91.23.

EPAM Systems (NYSE:EPAM) last issued its quarterly earnings data on Thursday, August 3rd. The information technology services provider reported $0.80 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.62 by $0.18. The firm had revenue of $348.98 million during the quarter, compared to the consensus estimate of $342.00 million. EPAM Systems had a return on equity of 15.12% and a net margin of 8.71%. The company’s quarterly revenue was up 23.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.71 EPS. On average, equities analysts anticipate that EPAM Systems, Inc. will post $3.30 earnings per share for the current fiscal year.

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A number of brokerages have commented on EPAM. Cowen and Company reissued a “buy” rating and set a $95.00 target price on shares of EPAM Systems in a report on Thursday, October 12th. Citigroup Inc. increased their target price on EPAM Systems from $96.00 to $105.00 and gave the company a “buy” rating in a report on Friday, October 13th. Zacks Investment Research cut EPAM Systems from a “buy” rating to a “hold” rating in a report on Tuesday, October 10th. BidaskClub raised EPAM Systems from a “hold” rating to a “buy” rating in a report on Tuesday, October 3rd. Finally, KeyCorp increased their target price on EPAM Systems from $90.00 to $94.00 and gave the company an “overweight” rating in a report on Wednesday, September 13th. One analyst has rated the stock with a hold rating and fourteen have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $93.14.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Wasatch Advisors Inc. raised its holdings in EPAM Systems by 7.6% in the 2nd quarter. Wasatch Advisors Inc. now owns 543,649 shares of the information technology services provider’s stock valued at $45,715,000 after acquiring an additional 38,195 shares during the last quarter. Grandeur Peak Global Advisors LLC raised its holdings in EPAM Systems by 2.0% in the 2nd quarter. Grandeur Peak Global Advisors LLC now owns 362,125 shares of the information technology services provider’s stock valued at $30,451,000 after acquiring an additional 6,975 shares during the last quarter. Ameritas Investment Partners Inc. raised its holdings in EPAM Systems by 3.7% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 4,317 shares of the information technology services provider’s stock valued at $363,000 after acquiring an additional 153 shares during the last quarter. Bank of Nova Scotia acquired a new position in EPAM Systems in the 2nd quarter valued at $2,565,000. Finally, CS Mckee LP raised its holdings in EPAM Systems by 0.6% in the 2nd quarter. CS Mckee LP now owns 17,850 shares of the information technology services provider’s stock valued at $1,501,000 after acquiring an additional 100 shares during the last quarter. Institutional investors own 87.82% of the company’s stock.

EPAM Systems Company Profile

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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