DekaBank Deutsche Girozentrale Has $1.87 Million Stock Holdings in EPAM Systems, Inc. $EPAM

DekaBank Deutsche Girozentrale raised its holdings in EPAM Systems, Inc. (NYSE:EPAM) by 0.7% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 10,549 shares of the information technology services provider’s stock after purchasing an additional 76 shares during the quarter. DekaBank Deutsche Girozentrale’s holdings in EPAM Systems were worth $1,866,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the business. Invesco Ltd. boosted its holdings in shares of EPAM Systems by 37.1% in the 1st quarter. Invesco Ltd. now owns 3,569,498 shares of the information technology services provider’s stock valued at $602,674,000 after purchasing an additional 965,089 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of EPAM Systems by 4.1% in the 1st quarter. Ameriprise Financial Inc. now owns 2,270,561 shares of the information technology services provider’s stock valued at $383,267,000 after purchasing an additional 89,418 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in shares of EPAM Systems by 98.8% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 1,628,304 shares of the information technology services provider’s stock valued at $274,923,000 after purchasing an additional 809,423 shares in the last quarter. Ninety One UK Ltd acquired a new stake in shares of EPAM Systems in the 1st quarter valued at $186,280,000. Finally, William Blair Investment Management LLC boosted its holdings in shares of EPAM Systems by 20.9% in the 2nd quarter. William Blair Investment Management LLC now owns 841,922 shares of the information technology services provider’s stock valued at $148,869,000 after purchasing an additional 145,411 shares in the last quarter. Institutional investors and hedge funds own 91.58% of the company’s stock.

Insider Transactions at EPAM Systems

In related news, SVP Sergey Yezhkov sold 1,511 shares of the firm’s stock in a transaction on Tuesday, October 21st. The stock was sold at an average price of $150.27, for a total transaction of $227,057.97. Following the completion of the transaction, the senior vice president directly owned 146 shares of the company’s stock, valued at $21,939.42. This trade represents a 91.19% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 4.30% of the stock is currently owned by corporate insiders.

EPAM Systems Stock Up 1.5%

Shares of NYSE:EPAM opened at $159.15 on Friday. The firm has a market cap of $8.86 billion, a P/E ratio of 22.70, a P/E/G ratio of 2.31 and a beta of 1.65. 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, Inc. has a 12-month low of $138.15 and a 12-month high of $269.00. The business has a fifty day simple moving average of $158.32 and a 200 day simple moving average of $164.27.

EPAM Systems (NYSE:EPAM) last announced its earnings results on Thursday, August 7th. The information technology services provider reported $2.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.61 by $0.16. The business had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.33 billion. EPAM Systems had a return on equity of 14.00% and a net margin of 7.91%.EPAM Systems’s revenue for the quarter was up 18.0% compared to the same quarter last year. During the same period last 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. Analysts predict that EPAM Systems, Inc. will post 8.9 earnings per share for the current year.

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

Analyst Ratings Changes

EPAM has been the topic of a number of research analyst reports. Wells Fargo & Company raised EPAM Systems to a “strong-buy” rating in a report on Wednesday. Citigroup raised EPAM Systems to a “hold” rating in a report on Thursday. Wall Street Zen downgraded EPAM Systems from a “buy” rating to a “hold” rating in a report on Saturday, September 13th. Cowen raised EPAM Systems from a “hold” rating to a “buy” rating in a report on Monday, August 18th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of EPAM Systems in a report on Saturday. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $219.41.

EPAM Systems 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.