Lecap Asset Management Ltd. Makes New $947,000 Investment in EPAM Systems, Inc. $EPAM

Lecap Asset Management Ltd. bought a new position in shares of EPAM Systems, Inc. (NYSE:EPAM) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 6,281 shares of the information technology services provider’s stock, valued at approximately $947,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC bought a new position in EPAM Systems during the 4th quarter worth $218,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of EPAM Systems by 68.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,539 shares of the information technology services provider’s stock valued at $1,611,000 after acquiring an additional 3,880 shares during the period. NewEdge Advisors LLC grew its holdings in shares of EPAM Systems by 5,047.6% during the 1st quarter. NewEdge Advisors LLC now owns 9,832 shares of the information technology services provider’s stock worth $1,660,000 after purchasing an additional 9,641 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of EPAM Systems by 53.8% in the first quarter. Goldman Sachs Group Inc. now owns 335,150 shares of the information technology services provider’s stock worth $56,587,000 after purchasing an additional 117,170 shares during the period. Finally, United Services Automobile Association acquired a new position in EPAM Systems in the first quarter valued at about $229,000. 91.58% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. JPMorgan Chase & Co. increased their price objective on shares of EPAM Systems from $201.00 to $215.00 and gave the stock an “overweight” rating in a research note on Friday, November 7th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of EPAM Systems in a report on Monday, December 29th. Wall Street Zen cut shares of EPAM Systems from a “buy” rating to a “hold” rating in a research note on Saturday, September 13th. Wells Fargo & Company upgraded EPAM Systems to a “strong-buy” rating in a research note on Wednesday, October 22nd. Finally, Zacks Research raised EPAM Systems from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 30th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $209.13.

Insider Transactions at EPAM Systems

In other news, SVP Viktar Dvorkin sold 2,500 shares of EPAM Systems stock in a transaction dated Thursday, November 13th. The stock was sold at an average price of $181.80, for a total transaction of $454,500.00. Following the sale, the senior vice president directly owned 38,124 shares of the company’s stock, valued at approximately $6,930,943.20. This trade represents a 6.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Boris Shnayder sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $207.00, for a total value of $1,035,000.00. Following the completion of the transaction, the senior vice president directly owned 15,645 shares of the company’s stock, valued at $3,238,515. This represents a 24.22% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 9,611 shares of company stock valued at $1,824,132 over the last three months. Company insiders own 4.30% of the company’s stock.

EPAM Systems Price Performance

Shares of NYSE:EPAM opened at $219.95 on Friday. EPAM Systems, Inc. has a one year low of $138.15 and a one year high of $269.00. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.02 and a quick ratio of 3.02. The company has a market cap of $12.15 billion, a price-to-earnings ratio of 33.58, a PEG ratio of 2.71 and a beta of 1.73. The firm has a 50 day simple moving average of $194.45 and a 200 day simple moving average of $173.45.

EPAM Systems (NYSE:EPAM) last announced its quarterly earnings results on Thursday, November 6th. The information technology services provider reported $3.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.02 by $0.06. EPAM Systems had a net margin of 7.01% and a return on equity of 13.16%. The company had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.39 billion. During the same period in the prior year, the business earned $3.12 earnings per share. The company’s revenue for the quarter was up 19.4% compared to the same quarter last year. EPAM Systems has set its FY 2025 guidance at 11.360-11.440 EPS and its Q4 2025 guidance at 3.100-3.18 EPS. Research analysts predict that EPAM Systems, Inc. will post 8.9 earnings per share for the current fiscal year.

EPAM Systems announced that its Board of Directors has authorized a stock repurchase program on Tuesday, October 21st that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the information technology services provider to reacquire up to 12.4% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s leadership believes its stock is undervalued.

About EPAM Systems

EPAM Systems, Inc is a global provider of digital platform engineering and software development services. The company partners with clients across industries—such as financial services, healthcare, retail, and technology—to design, develop, and maintain complex software applications and digital experiences. EPAM’s offerings include custom software development, application management, infrastructure management, quality assurance, and testing services, enabling organizations to accelerate digital transformation and enhance operational efficiency.

In addition to its core engineering capabilities, EPAM delivers a range of specialized services, including product design and consulting, data and analytics, cloud computing, DevOps, and cybersecurity.