Cambiar Investors LLC Trims Stake in EPAM Systems, Inc. $EPAM

Cambiar Investors LLC lessened its position in EPAM Systems, Inc. (NYSE:EPAM) by 38.4% in the third quarter, HoldingsChannel reports. The firm owned 29,417 shares of the information technology services provider’s stock after selling 18,370 shares during the quarter. Cambiar Investors LLC’s holdings in EPAM Systems were worth $4,436,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in EPAM. Brighton Jones LLC bought a new stake in shares of EPAM Systems during the 4th quarter valued at $218,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in EPAM Systems by 68.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,539 shares of the information technology services provider’s stock worth $1,611,000 after acquiring an additional 3,880 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in EPAM Systems by 53.8% during 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 acquiring an additional 117,170 shares in the last quarter. United Services Automobile Association purchased a new stake in EPAM Systems in the first quarter worth about $229,000. Finally, Empowered Funds LLC increased its stake in shares of EPAM Systems by 134.1% during the first quarter. Empowered Funds LLC now owns 2,254 shares of the information technology services provider’s stock valued at $381,000 after purchasing an additional 1,291 shares in the last quarter. 91.58% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on EPAM. Wells Fargo & Company boosted their price target on EPAM Systems from $185.00 to $247.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 14th. Mizuho lifted their price objective on EPAM Systems from $225.00 to $228.00 and gave the company an “outperform” rating in a research note on Tuesday, November 11th. JPMorgan Chase & Co. increased their target price on 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 restated a “hold (c-)” rating on shares of EPAM Systems in a report on Monday, December 29th. Finally, Zacks Research upgraded shares of EPAM Systems from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 30th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $210.53.

EPAM Systems Stock Down 1.0%

EPAM stock opened at $218.19 on Wednesday. The stock has a market capitalization of $12.05 billion, a P/E ratio of 33.31, a P/E/G ratio of 2.74 and a beta of 1.73. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.02 and a quick ratio of 3.02. EPAM Systems, Inc. has a 1-year low of $138.15 and a 1-year high of $269.00. The business has a fifty day moving average price of $205.43 and a 200-day moving average price of $176.86.

EPAM Systems (NYSE:EPAM) last released its quarterly earnings data on Thursday, November 6th. The information technology services provider reported $3.08 EPS for the quarter, topping the consensus estimate of $3.02 by $0.06. EPAM Systems had a return on equity of 13.16% and a net margin of 7.01%.The company had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.39 billion. During the same period last year, the company earned $3.12 EPS. EPAM Systems’s revenue for the quarter was up 19.4% on a year-over-year basis. 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. Equities analysts forecast that EPAM Systems, Inc. will post 8.9 earnings per share for the current fiscal year.

EPAM Systems announced that its board has approved a share repurchase plan on Tuesday, October 21st that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the information technology services provider to reacquire up to 12.4% of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s board believes its shares are undervalued.

Insider Transactions at EPAM Systems

In other news, SVP Viktar Dvorkin sold 2,500 shares of the business’s stock in a transaction that occurred on Thursday, November 13th. The shares were sold at an average price of $181.80, for a total transaction of $454,500.00. Following the completion of the transaction, the senior vice president directly owned 38,124 shares of the company’s stock, valued at $6,930,943.20. The trade was a 6.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Boris Shnayder sold 5,000 shares of the stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $207.00, for a total transaction of $1,035,000.00. Following the transaction, the senior vice president owned 15,645 shares in the company, valued at approximately $3,238,515. This trade represents a 24.22% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 8,100 shares of company stock worth $1,597,074 over the last three months. 4.30% of the stock is currently owned by company insiders.

EPAM Systems Profile

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.