EPAM Systems, Inc. (NYSE:EPAM) CEO Arkadiy Dobkin sold 75,000 shares of EPAM Systems stock in a transaction on Monday, November 13th. The shares were sold at an average price of $101.64, for a total transaction of $7,623,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

  • On Thursday, November 2nd, Arkadiy Dobkin sold 10,000 shares of EPAM Systems stock. The stock was sold at an average price of $95.00, for a total transaction of $950,000.00.
  • On Monday, November 6th, Arkadiy Dobkin sold 74,293 shares of EPAM Systems stock. The stock was sold at an average price of $99.16, for a total transaction of $7,366,893.88.
  • On Monday, October 30th, Arkadiy Dobkin sold 15,000 shares of EPAM Systems stock. The stock was sold at an average price of $90.81, for a total transaction of $1,362,150.00.
  • On Monday, October 23rd, Arkadiy Dobkin sold 15,000 shares of EPAM Systems stock. The stock was sold at an average price of $91.09, for a total transaction of $1,366,350.00.
  • On Monday, October 16th, Arkadiy Dobkin sold 15,000 shares of EPAM Systems stock. The stock was sold at an average price of $90.92, for a total transaction of $1,363,800.00.
  • On Monday, October 9th, Arkadiy Dobkin sold 20,000 shares of EPAM Systems stock. The stock was sold at an average price of $89.88, for a total transaction of $1,797,600.00.
  • 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 shares were 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 shares were 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 shares were sold at an average price of $82.66, for a total transaction of $413,300.00.

Shares of EPAM Systems, Inc. (NYSE EPAM) traded up $0.24 during trading on Wednesday, hitting $102.61. 178,200 shares of the stock were exchanged, compared to its average volume of 337,315. EPAM Systems, Inc. has a 12 month low of $61.11 and a 12 month high of $103.49. The company has a debt-to-equity ratio of 0.03, a quick ratio of 5.56 and a current ratio of 5.56. The company has a market cap of $5,406.42, a P/E ratio of 40.46, a PEG ratio of 1.97 and a beta of 0.95.

EPAM Systems (NYSE:EPAM) last issued its quarterly earnings results on Thursday, November 2nd. The information technology services provider reported $0.92 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.85 by $0.07. EPAM Systems had a net margin of 9.41% and a return on equity of 15.70%. The company had revenue of $377.50 million during the quarter, compared to the consensus estimate of $368.22 million. During the same quarter in the prior year, the firm posted $0.76 EPS. The firm’s quarterly revenue was up 26.6% on a year-over-year basis. equities analysts predict that EPAM Systems, Inc. will post 2.69 earnings per share for the current year.

COPYRIGHT VIOLATION NOTICE: “EPAM Systems, Inc. (EPAM) CEO Arkadiy Dobkin Sells 75,000 Shares” was first published by Daily Political and is owned by of Daily Political. If you are accessing this piece of content on another website, it was copied illegally and reposted in violation of United States & international copyright & trademark law. The original version of this piece of content can be read at https://www.dailypolitical.com/2017/11/15/epam-systems-inc-epam-ceo-arkadiy-dobkin-sells-75000-shares.html.

A number of research analysts recently commented on the stock. BidaskClub lowered shares of EPAM Systems from a “hold” rating to a “sell” rating in a research note on Wednesday, August 30th. Berenberg Bank set a $95.00 price target on shares of EPAM Systems and gave the company a “buy” rating in a research note on Sunday, August 6th. KeyCorp upped their price target on shares of EPAM Systems from $90.00 to $94.00 and gave the company an “overweight” rating in a research note on Wednesday, September 13th. UBS AG upped their price target on shares of EPAM Systems from $89.00 to $96.00 and gave the company a “buy” rating in a research note on Friday, August 4th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $110.00 price target (up previously from $90.00) on shares of EPAM Systems in a research note on Friday, November 3rd. Fifteen investment analysts have rated the stock with a buy rating, The company has an average rating of “Buy” and an average price target of $98.29.

Several institutional investors have recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in shares of EPAM Systems by 2.8% during the 2nd quarter. Vanguard Group Inc. now owns 3,919,515 shares of the information technology services provider’s stock worth $329,591,000 after acquiring an additional 105,644 shares during the period. JPMorgan Chase & Co. increased its position in EPAM Systems by 3.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,148,004 shares of the information technology services provider’s stock worth $268,840,000 after purchasing an additional 119,230 shares in the last quarter. BlackRock Inc. increased its position in EPAM Systems by 0.5% during the 2nd quarter. BlackRock Inc. now owns 3,010,949 shares of the information technology services provider’s stock worth $253,188,000 after purchasing an additional 15,882 shares in the last quarter. State Street Corp increased its position in EPAM Systems by 6.5% during the 2nd quarter. State Street Corp now owns 968,716 shares of the information technology services provider’s stock worth $81,460,000 after purchasing an additional 59,511 shares in the last quarter. Finally, Canada Pension Plan Investment Board increased its position in EPAM Systems by 87.4% during the 3rd quarter. Canada Pension Plan Investment Board now owns 926,537 shares of the information technology services provider’s stock worth $81,470,000 after purchasing an additional 432,237 shares in the last quarter. 87.77% of the stock is owned by institutional investors.

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)

Receive News & Ratings for EPAM Systems Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EPAM Systems Inc. and related companies with MarketBeat.com's FREE daily email newsletter.