SG Americas Securities LLC Has $229,000 Stake in EPAM Systems, Inc. $EPAM

SG Americas Securities LLC decreased its position in EPAM Systems, Inc. (NYSE:EPAM) by 81.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,293 shares of the information technology services provider’s stock after selling 5,657 shares during the quarter. SG Americas Securities LLC’s holdings in EPAM Systems were worth $229,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Brighton Jones LLC acquired a new position in EPAM Systems during the 4th quarter worth approximately $218,000. Cetera Investment Advisers raised its holdings in shares of EPAM Systems by 70.8% in the first quarter. Cetera Investment Advisers now owns 9,146 shares of the information technology services provider’s stock valued at $1,544,000 after purchasing an additional 3,791 shares during the last quarter. XTX Topco Ltd bought a new stake in shares of EPAM Systems in the first quarter worth $206,000. Natixis Advisors LLC boosted its holdings in EPAM Systems by 10.7% during the first quarter. Natixis Advisors LLC now owns 14,206 shares of the information technology services provider’s stock worth $2,399,000 after purchasing an additional 1,369 shares during the last quarter. Finally, Jefferies Financial Group Inc. bought a new position in EPAM Systems in the first quarter valued at $658,000. Institutional investors and hedge funds own 91.58% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on EPAM shares. Cowen raised EPAM Systems from a “hold” rating to a “buy” rating in a research report on Monday, August 18th. JPMorgan Chase & Co. boosted their price target on EPAM Systems from $201.00 to $215.00 and gave the stock an “overweight” rating in a research report on Friday, November 7th. Morgan Stanley dropped their price objective on EPAM Systems from $210.00 to $175.00 and set an “equal weight” rating on the stock in a research note on Tuesday, September 9th. TD Cowen raised shares of EPAM Systems from a “hold” rating to a “buy” rating and set a $205.00 target price for the company in a research note on Monday, August 18th. Finally, Wall Street Zen downgraded shares of EPAM Systems from a “buy” rating to a “hold” rating in a report on Saturday, September 13th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, EPAM Systems has an average rating of “Moderate Buy” and a consensus target price of $213.81.

EPAM Systems Price Performance

NYSE:EPAM opened at $187.00 on Monday. EPAM Systems, Inc. has a 12-month low of $138.15 and a 12-month high of $269.00. The firm has a market capitalization of $10.33 billion, a price-to-earnings ratio of 26.68, a P/E/G ratio of 2.36 and a beta of 1.67. The stock’s 50 day moving average price is $162.67 and its two-hundred day moving average price is $166.95. The company has a quick ratio of 3.17, a current ratio of 3.17 and a debt-to-equity ratio of 0.01.

EPAM Systems (NYSE:EPAM) last issued its earnings results 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 14.00% and a net margin of 7.91%.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 previous year, the company posted $3.12 EPS. The firm’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. Q4 2025 guidance at 3.100-3.18 EPS. On average, analysts anticipate that EPAM Systems, Inc. will post 8.9 earnings per share for the current year.

EPAM Systems declared that its board has approved a stock repurchase plan on Tuesday, October 21st that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the information technology services provider to buy up to 12.4% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s management believes its shares are undervalued.

Insider Activity

In other EPAM Systems news, SVP Viktar Dvorkin sold 2,500 shares of the stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of $181.80, for a total value of $454,500.00. Following the transaction, the senior vice president directly owned 38,124 shares of the company’s stock, valued at $6,930,943.20. This represents a 6.15% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Gary C. Abrahams sold 600 shares of the firm’s stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $179.29, for a total transaction of $107,574.00. Following the sale, the vice president owned 2,720 shares of the company’s stock, valued at $487,668.80. This trade represents a 18.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 4,611 shares of company stock valued at $789,132 over the last ninety days. 4.30% of the stock is currently owned by company insiders.

EPAM Systems Company Profile

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.