Traders purchased shares of EPAM Systems Inc (NYSE:EPAM) on weakness during trading on Monday. $27.19 million flowed into the stock on the tick-up and $13.08 million flowed out of the stock on the tick-down, for a money net flow of $14.11 million into the stock. Of all companies tracked, EPAM Systems had the 20th highest net in-flow for the day. EPAM Systems traded down ($0.41) for the day and closed at $137.32

A number of analysts have recently weighed in on the company. Bank of America lowered EPAM Systems from a “buy” rating to a “neutral” rating and upped their price objective for the stock from $134.00 to $147.00 in a research report on Tuesday, September 4th. Wedbush upped their price objective on EPAM Systems from $135.00 to $150.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 21st. Zacks Investment Research lowered EPAM Systems from a “hold” rating to a “sell” rating in a research report on Wednesday, August 8th. SunTrust Banks reaffirmed a “buy” rating and set a $138.00 price objective on shares of EPAM Systems in a research report on Friday, August 3rd. Finally, Cantor Fitzgerald reaffirmed a “buy” rating and set a $139.00 price objective on shares of EPAM Systems in a research report on Thursday, August 2nd. One analyst has rated the stock with a sell rating, three have assigned a hold rating and thirteen have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $135.33.

The firm has a market cap of $7.41 billion, a P/E ratio of 48.18, a price-to-earnings-growth ratio of 2.20 and a beta of 1.16. The company has a debt-to-equity ratio of 0.02, a current ratio of 5.65 and a quick ratio of 5.65.

EPAM Systems (NYSE:EPAM) last posted its earnings results on Thursday, August 2nd. The information technology services provider reported $1.01 EPS for the quarter, beating the consensus estimate of $0.99 by $0.02. The firm had revenue of $445.60 million for the quarter, compared to analyst estimates of $447.14 million. EPAM Systems had a return on equity of 18.55% and a net margin of 7.68%. EPAM Systems’s revenue for the quarter was up 27.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.80 earnings per share. analysts anticipate that EPAM Systems Inc will post 3.19 earnings per share for the current fiscal year.

In other EPAM Systems news, SVP Jason Harman sold 11,932 shares of the company’s stock in a transaction on Friday, June 15th. The shares were sold at an average price of $123.81, for a total value of $1,477,300.92. Following the completion of the transaction, the senior vice president now owns 14,578 shares in the company, valued at $1,804,902.18. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Viktar Dvorkin sold 20,000 shares of the company’s stock in a transaction on Friday, August 31st. The shares were sold at an average price of $142.98, for a total transaction of $2,859,600.00. Following the completion of the transaction, the senior vice president now owns 29,258 shares of the company’s stock, valued at approximately $4,183,308.84. The disclosure for this sale can be found here. Insiders sold 55,612 shares of company stock worth $7,605,236 in the last three months. 5.30% of the stock is currently owned by corporate insiders.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Keybank National Association OH boosted its stake in shares of EPAM Systems by 7.9% during the second quarter. Keybank National Association OH now owns 5,428 shares of the information technology services provider’s stock worth $675,000 after buying an additional 398 shares during the period. Azimuth Capital Management LLC boosted its stake in shares of EPAM Systems by 0.6% during the second quarter. Azimuth Capital Management LLC now owns 75,753 shares of the information technology services provider’s stock worth $9,418,000 after buying an additional 448 shares during the period. Denver Investment Advisors LLC boosted its stake in shares of EPAM Systems by 4.2% during the first quarter. Denver Investment Advisors LLC now owns 16,690 shares of the information technology services provider’s stock worth $1,911,000 after buying an additional 675 shares during the period. Atria Investments LLC boosted its stake in shares of EPAM Systems by 29.7% during the second quarter. Atria Investments LLC now owns 3,126 shares of the information technology services provider’s stock worth $389,000 after buying an additional 715 shares during the period. Finally, Oppenheimer Asset Management Inc. boosted its stake in shares of EPAM Systems by 10.5% during the second quarter. Oppenheimer Asset Management Inc. now owns 7,827 shares of the information technology services provider’s stock worth $973,000 after buying an additional 743 shares during the period. Institutional investors own 90.10% of the company’s stock.

EPAM Systems Company Profile (NYSE:EPAM)

EPAM Systems, Inc provides software product development and digital platform engineering services primarily in North America, Europe, Asia, and Australia. It offers software product development services, including product research, customer experience design, prototyping, program management, component design and integration, lifecycle software testing, product deployment, end-user customization, performance tuning, product support and maintenance, managed services, and porting and cross-platform migration.

Featured Story: Fundamental Analysis and Choosing Stocks

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