EPAM Systems, Inc. $EPAM Shares Bought by Versor Investments LP

Versor Investments LP boosted its stake in shares of EPAM Systems, Inc. (NYSE:EPAM) by 195.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,974 shares of the information technology services provider’s stock after buying an additional 6,594 shares during the quarter. Versor Investments LP’s holdings in EPAM Systems were worth $1,764,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in EPAM. Sound Income Strategies LLC acquired a new position in EPAM Systems during the second quarter worth about $29,000. Blue Trust Inc. grew its position in EPAM Systems by 40.5% during the second quarter. Blue Trust Inc. now owns 333 shares of the information technology services provider’s stock worth $59,000 after buying an additional 96 shares during the period. Parallel Advisors LLC grew its position in EPAM Systems by 215.5% during the second quarter. Parallel Advisors LLC now owns 366 shares of the information technology services provider’s stock worth $65,000 after buying an additional 250 shares during the period. UMB Bank n.a. grew its position in shares of EPAM Systems by 275.0% in the second quarter. UMB Bank n.a. now owns 390 shares of the information technology services provider’s stock valued at $69,000 after purchasing an additional 286 shares during the last quarter. Finally, First Horizon Advisors Inc. grew its position in shares of EPAM Systems by 79.5% in the first quarter. First Horizon Advisors Inc. now owns 481 shares of the information technology services provider’s stock valued at $81,000 after purchasing an additional 213 shares during the last quarter. 91.58% of the stock is currently owned by institutional investors and hedge funds.

EPAM Systems Stock Up 2.7%

EPAM stock opened at $163.44 on Friday. The stock has a market capitalization of $9.10 billion, a P/E ratio of 23.31, a PEG ratio of 2.36 and a beta of 1.65. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.17 and a current ratio of 3.17. EPAM Systems, Inc. has a one year low of $138.15 and a one year high of $269.00. The company has a 50 day moving average price of $157.72 and a two-hundred day moving average price of $164.68.

EPAM Systems (NYSE:EPAM) last released its earnings results on Thursday, August 7th. The information technology services provider reported $2.77 EPS for the quarter, topping the consensus estimate of $2.61 by $0.16. The firm had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.33 billion. EPAM Systems had a net margin of 7.91% and a return on equity of 14.00%. EPAM Systems’s revenue for the quarter was up 18.0% on a year-over-year basis. During the same period in the previous year, the company earned $2.45 EPS. EPAM Systems has set its FY 2025 guidance at 10.960-11.120 EPS. Q3 2025 guidance at 2.980-3.060 EPS. As a group, sell-side analysts expect that EPAM Systems, Inc. will post 8.9 EPS for the current year.

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

Analysts Set New Price Targets

Several analysts have recently commented on EPAM shares. Wall Street Zen lowered shares of EPAM Systems from a “buy” rating to a “hold” rating in a research report on Saturday, September 13th. Morgan Stanley lowered their price target on shares of EPAM Systems from $210.00 to $175.00 and set an “equal weight” rating on the stock in a research report on Tuesday, September 9th. Weiss Ratings reiterated a “sell (d+)” rating on shares of EPAM Systems in a research report on Wednesday, October 8th. TD Cowen upgraded shares of EPAM Systems from a “hold” rating to a “buy” rating and set a $205.00 price target on the stock in a research report on Monday, August 18th. Finally, JPMorgan Chase & Co. lowered their price target on shares of EPAM Systems from $205.00 to $201.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 20th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $219.41.

Insider Buying and Selling

In other EPAM Systems news, SVP Sergey Yezhkov sold 1,511 shares of the stock in a transaction that occurred on Tuesday, October 21st. The shares were sold at an average price of $150.27, for a total transaction of $227,057.97. Following the transaction, the senior vice president owned 146 shares of the company’s stock, valued at $21,939.42. This trade represents a 91.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 4.30% of the company’s stock.

About EPAM Systems

EPAM Systems, Inc provides digital platform engineering and software development services worldwide. The company offers engineering services, including requirements analysis and platform selection, customization, cross-platform migration, implementation, and integration; infrastructure management services, such as software development, testing, performance tuning, deployment, maintenance, and support services.