Moore Capital Management LP Invests $3.22 Million in EPAM Systems, Inc. $EPAM

Moore Capital Management LP purchased a new stake in shares of EPAM Systems, Inc. (NYSE:EPAM) during the second quarter, HoldingsChannel reports. The institutional investor purchased 40,580 shares of the information technology services provider’s stock, valued at approximately $3,220,000.

Other large investors also recently made changes to their positions in the company. Alyeska Investment Group L.P. acquired a new position in shares of EPAM Systems during the 2nd quarter valued at $1,673,000. Northwestern Mutual Wealth Management Co. increased its holdings in EPAM Systems by 357.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,241 shares of the information technology services provider’s stock valued at $98,000 after purchasing an additional 970 shares in the last quarter. Hsbc Holdings PLC raised its position in EPAM Systems by 3.2% in the second quarter. Hsbc Holdings PLC now owns 189,399 shares of the information technology services provider’s stock valued at $14,992,000 after purchasing an additional 5,931 shares during the period. Empowered Funds LLC acquired a new position in shares of EPAM Systems during the second quarter worth about $4,534,000. Finally, Equitable Holdings Inc. acquired a new position in shares of EPAM Systems during the second quarter worth about $580,000. Institutional investors and hedge funds own 91.58% of the company’s stock.

EPAM Systems Stock Performance

Shares of EPAM opened at $117.90 on Tuesday. The firm has a market cap of $6.08 billion, a price-to-earnings ratio of 15.98, a PEG ratio of 1.18 and a beta of 1.39. The company has a quick ratio of 2.75, a current ratio of 2.75 and a debt-to-equity ratio of 0.01. The business’s 50 day moving average is $95.51 and its two-hundred day moving average is $112.27. EPAM Systems, Inc. has a 52-week low of $73.06 and a 52-week high of $222.53.

EPAM Systems (NYSE:EPAM) last issued its quarterly earnings results on Thursday, August 6th. The information technology services provider reported $3.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.16 by $0.22. The business had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.41 billion. EPAM Systems had a net margin of 7.15% and a return on equity of 15.84%. The business’s revenue was up 4.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.77 earnings per share. 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. Analysts forecast that EPAM Systems, Inc. will post 10.48 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on EPAM shares. Wells Fargo & Company dropped their target price on EPAM Systems from $151.00 to $125.00 and set an “overweight” rating on the stock in a report on Friday, July 10th. William Blair downgraded shares of EPAM Systems from an “outperform” rating to a “market perform” rating in a research report on Thursday, August 6th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $85.00 price objective on shares of EPAM Systems in a research note on Friday, July 10th. Truist Financial decreased their target price on shares of EPAM Systems from $112.00 to $110.00 and set a “hold” rating for the company in a research note on Friday, August 7th. Finally, Stifel Nicolaus set a $135.00 price target on shares of EPAM Systems in a report on Thursday, August 6th. Six equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $116.47.

About EPAM Systems

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.