EPAM Systems, Inc. (NYSE:EPAM) CEO Arkadiy Dobkin sold 19,600 shares of the company’s stock in a transaction on Monday, November 20th. The shares were sold at an average price of $103.21, for a total transaction of $2,022,916.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

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

  • On Monday, November 13th, Arkadiy Dobkin sold 75,000 shares of EPAM Systems stock. The stock was sold at an average price of $101.64, for a total transaction of $7,623,000.00.
  • 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 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.

EPAM Systems, Inc. (EPAM) opened at $105.82 on Thursday. EPAM Systems, Inc. has a 12 month low of $61.34 and a 12 month high of $106.55. The firm has a market cap of $5,595.49, a price-to-earnings ratio of 41.88, a price-to-earnings-growth ratio of 2.04 and a beta of 0.95. The company has a quick ratio of 5.56, a current ratio of 5.56 and a debt-to-equity ratio of 0.03.

EPAM Systems (NYSE:EPAM) last released its quarterly earnings data on Thursday, November 2nd. The information technology services provider reported $0.92 earnings per share for the quarter, beating analysts’ consensus estimates of $0.85 by $0.07. EPAM Systems had a net margin of 9.41% and a return on equity of 15.70%. The firm had revenue of $377.50 million for the quarter, compared to analyst estimates of $368.22 million. During the same period last year, the firm earned $0.76 earnings per share. The business’s quarterly revenue was up 26.6% compared to the same quarter last year. equities research analysts anticipate that EPAM Systems, Inc. will post 2.68 EPS for the current fiscal year.

WARNING: “Arkadiy Dobkin Sells 19,600 Shares of EPAM Systems, Inc. (EPAM) Stock” was originally posted by Daily Political and is the sole property of of Daily Political. If you are viewing this report on another website, it was illegally stolen and reposted in violation of U.S. and international trademark and copyright law. The correct version of this report can be read at https://www.dailypolitical.com/2017/11/23/arkadiy-dobkin-sells-19600-shares-of-epam-systems-inc-epam-stock.html.

Several brokerages recently issued reports on EPAM. 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 target price on shares of EPAM Systems and gave the stock a “buy” rating in a research note on Sunday, August 6th. KeyCorp increased their target price on shares of EPAM Systems from $90.00 to $94.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 13th. UBS AG increased their target price on shares of EPAM Systems from $89.00 to $96.00 and gave the stock a “buy” rating in a research note on Friday, August 4th. Finally, Needham & Company LLC reissued a “buy” rating and set a $110.00 target price (up from $90.00) on shares of EPAM Systems in a research note on Friday, November 3rd. One analyst has rated the stock with a hold rating and fourteen have issued a buy rating to the stock. EPAM Systems has a consensus rating of “Buy” and an average target price of $98.29.

Hedge funds have recently made changes to their positions in the company. State of Wisconsin Investment Board raised its holdings in shares of EPAM Systems by 28.2% in the second quarter. State of Wisconsin Investment Board now owns 70,490 shares of the information technology services provider’s stock valued at $5,927,000 after purchasing an additional 15,490 shares during the last quarter. Brighton Jones LLC purchased a new stake in shares of EPAM Systems in the second quarter valued at about $484,000. Bank of Nova Scotia purchased a new stake in shares of EPAM Systems in the second quarter valued at about $2,565,000. Hosking Partners LLP raised its holdings in shares of EPAM Systems by 1.6% in the second quarter. Hosking Partners LLP now owns 257,269 shares of the information technology services provider’s stock valued at $21,634,000 after purchasing an additional 4,117 shares during the last quarter. Finally, Prudential Financial Inc. raised its holdings in shares of EPAM Systems by 24.7% in the first quarter. Prudential Financial Inc. now owns 6,710 shares of the information technology services provider’s stock valued at $507,000 after purchasing an additional 1,330 shares during the last quarter. Institutional investors own 87.80% of the company’s stock.

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)

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.