EPAM Systems, Inc. $EPAM Shares Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. trimmed its stake in shares of EPAM Systems, Inc. (NYSE:EPAM) by 24.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 69,050 shares of the information technology services provider’s stock after selling 22,891 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in EPAM Systems were worth $10,412,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Norges Bank bought a new stake in EPAM Systems during the second quarter worth approximately $137,671,000. Invesco Ltd. increased its position in shares of EPAM Systems by 14.9% during the 2nd quarter. Invesco Ltd. now owns 4,102,790 shares of the information technology services provider’s stock valued at $725,455,000 after purchasing an additional 533,292 shares during the period. ARGA Investment Management LP bought a new stake in shares of EPAM Systems in the 2nd quarter worth $84,456,000. Federated Hermes Inc. raised its stake in shares of EPAM Systems by 293.9% in the 2nd quarter. Federated Hermes Inc. now owns 332,381 shares of the information technology services provider’s stock worth $58,772,000 after buying an additional 248,006 shares in the last quarter. Finally, Bank of America Corp DE lifted its holdings in shares of EPAM Systems by 57.3% in the second quarter. Bank of America Corp DE now owns 485,469 shares of the information technology services provider’s stock valued at $85,841,000 after buying an additional 176,772 shares during the period. 91.58% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, SVP Boris Shnayder sold 5,000 shares of the company’s stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $207.00, for a total transaction of $1,035,000.00. Following the transaction, the senior vice president directly owned 15,645 shares of the company’s stock, valued at approximately $3,238,515. The trade was a 24.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Viktar Dvorkin sold 2,500 shares of the stock in a transaction dated Thursday, November 13th. The stock was sold at an average price of $181.80, for a total value of $454,500.00. Following the completion of the sale, the senior vice president directly owned 38,124 shares of the company’s stock, valued at approximately $6,930,943.20. This represents a 6.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 9,611 shares of company stock worth $1,824,132. 4.30% of the stock is owned by corporate insiders.

EPAM Systems Stock Down 3.6%

EPAM stock opened at $211.79 on Friday. 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 firm has a market capitalization of $11.70 billion, a P/E ratio of 32.33, a P/E/G ratio of 2.73 and a beta of 1.73. EPAM Systems, Inc. has a 52-week low of $138.15 and a 52-week high of $269.00. The company’s 50 day simple moving average is $195.42 and its 200-day simple moving average is $173.76.

EPAM Systems (NYSE:EPAM) last posted its quarterly earnings data on Thursday, November 6th. The information technology services provider reported $3.08 earnings per share 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 firm had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.39 billion. During the same period in the previous year, the company posted $3.12 EPS. The company’s quarterly revenue 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. As a group, equities research analysts anticipate that EPAM Systems, Inc. will post 8.9 EPS for the current year.

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

Analyst Ratings Changes

A number of research analysts recently issued reports on EPAM shares. Mizuho lifted their target price on EPAM Systems from $225.00 to $228.00 and gave the stock an “outperform” rating in a report on Tuesday, November 11th. JPMorgan Chase & Co. lifted 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 reissued a “hold (c-)” rating on shares of EPAM Systems in a research note on Monday, December 29th. Cowen restated a “buy” rating on shares of EPAM Systems in a report on Friday. Finally, Truist Financial assumed coverage on EPAM Systems in a report on Tuesday. They issued a “hold” rating and a $220.00 price target on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $211.50.

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.