EPAM Systems, Inc. $EPAM Shares Acquired by Norris Perne & French LLP MI

Norris Perne & French LLP MI boosted its position in EPAM Systems, Inc. (NYSE:EPAM) by 123.0% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 145,932 shares of the information technology services provider’s stock after purchasing an additional 80,489 shares during the quarter. Norris Perne & French LLP MI’s holdings in EPAM Systems were worth $15,813,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Signaturefd LLC grew its position in shares of EPAM Systems by 1,068.3% during the 2nd quarter. Signaturefd LLC now owns 479 shares of the information technology services provider’s stock valued at $38,000 after purchasing an additional 438 shares in the last quarter. Elevation Wealth Partners LLC raised its position in shares of EPAM Systems by 94.1% in the third quarter. Elevation Wealth Partners LLC now owns 493 shares of the information technology services provider’s stock worth $53,000 after buying an additional 239 shares in the last quarter. Global Retirement Partners LLC purchased a new stake in shares of EPAM Systems in the second quarter worth $43,000. EverSource Wealth Advisors LLC raised its position in shares of EPAM Systems by 611.2% in the first quarter. EverSource Wealth Advisors LLC now owns 569 shares of the information technology services provider’s stock worth $77,000 after buying an additional 489 shares in the last quarter. Finally, Trust Asset Management LLC bought a new stake in EPAM Systems during the second quarter valued at $50,000. 91.58% of the stock is owned by institutional investors.

EPAM Systems Price Performance

Shares of NYSE:EPAM opened at $136.25 on Friday. The company’s fifty day moving average price is $115.06 and its 200-day moving average price is $105.54. The firm has a market capitalization of $7.03 billion, a price-to-earnings ratio of 18.46, a PEG ratio of 1.42 and a beta of 1.39. EPAM Systems, Inc. has a one year low of $73.06 and a one year high of $222.53. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.75 and a quick ratio of 2.75.

EPAM Systems (NYSE:EPAM) last posted its quarterly earnings data on Thursday, August 6th. The information technology services provider reported $3.38 earnings per share for the quarter, beating the consensus estimate of $3.16 by $0.22. EPAM Systems had a net margin of 7.15% and a return on equity of 15.84%. The firm had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.41 billion. During the same quarter last year, the company posted $2.77 EPS. The business’s quarterly revenue was up 4.6% on a year-over-year basis. EPAM Systems has set its FY 2026 guidance at 13.080-13.240 EPS and its Q3 2026 guidance at 3.380-3.460 EPS. On average, equities research analysts anticipate that EPAM Systems, Inc. will post 10.47 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

EPAM has been the subject of several recent analyst reports. JPMorgan Chase & Co. cut EPAM Systems from an “overweight” rating to a “neutral” rating and set a $120.00 target price for the company. in a research report on Wednesday, August 26th. Citigroup lowered their price target on EPAM Systems from $112.00 to $100.00 and set a “neutral” rating on the stock in a report on Monday, July 27th. Weiss Ratings raised EPAM Systems from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday. Guggenheim dropped their price target on EPAM Systems from $165.00 to $140.00 and set a “buy” rating for the company in a research report on Monday, August 10th. Finally, Stifel Nicolaus set a $135.00 price objective on EPAM Systems in a report on Thursday, August 6th. Six investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $116.47.

EPAM Systems Company Profile

EPAM Systems, Inc is a global digital engineering and technology services company that helps organizations design, develop and modernize software and digital platforms. Its services support digital transformation initiatives across industries, including financial services, healthcare, life sciences, retail, travel and consumer products.

The company provides software engineering, product development, consulting, cloud services, data and analytics, artificial intelligence, cybersecurity, quality assurance and platform engineering.