Board of the Pension Protection Fund Makes New Investment in EPAM Systems, Inc. $EPAM

Board of the Pension Protection Fund acquired a new stake in shares of EPAM Systems, Inc. (NYSE:EPAM) during the third quarter, according to its most recent disclosure with the SEC. The fund acquired 4,200 shares of the information technology services provider’s stock, valued at approximately $633,000.

Other hedge funds also recently made changes to their positions in the company. Czech National Bank lifted its holdings in EPAM Systems by 2.2% during the third quarter. Czech National Bank now owns 14,146 shares of the information technology services provider’s stock valued at $2,133,000 after purchasing an additional 298 shares in the last quarter. 1620 Investment Advisors Inc. raised its position in shares of EPAM Systems by 95.8% during the 3rd quarter. 1620 Investment Advisors Inc. now owns 840 shares of the information technology services provider’s stock valued at $127,000 after purchasing an additional 411 shares during the period. Oak Thistle LLC purchased a new position in shares of EPAM Systems during the 3rd quarter valued at $1,487,000. Moody National Bank Trust Division boosted its holdings in EPAM Systems by 9.4% in the 3rd quarter. Moody National Bank Trust Division now owns 1,715 shares of the information technology services provider’s stock worth $259,000 after buying an additional 148 shares during the period. Finally, Aaron Wealth Advisors LLC purchased a new stake in EPAM Systems in the 3rd quarter worth $748,000. 91.58% of the stock is currently owned by institutional investors.

EPAM Systems Stock Up 1.1%

Shares of NYSE:EPAM opened at $209.26 on Friday. The company has a current ratio of 3.02, a quick ratio of 3.02 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 company has a 50-day moving average price of $178.49 and a 200 day moving average price of $169.81. The company has a market cap of $11.56 billion, a price-to-earnings ratio of 31.95, a PEG ratio of 2.80 and a beta of 1.75.

EPAM Systems (NYSE:EPAM) last announced its earnings results on Thursday, November 6th. The information technology services provider reported $3.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.02 by $0.06. The business had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.39 billion. EPAM Systems had a return on equity of 13.16% and a net margin of 7.01%.The company’s revenue for the quarter was up 19.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.12 earnings per share. 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 predict that EPAM Systems, Inc. will post 8.9 earnings per share for the current year.

EPAM Systems announced that its board has initiated a stock buyback program 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 repurchase up to 12.4% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s management believes its stock is undervalued.

Insiders Place Their Bets

In other news, VP Gary C. Abrahams sold 600 shares of the business’s stock in a transaction dated 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 in the company, valued at approximately $487,668.80. The trade was a 18.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Sergey Yezhkov sold 1,511 shares of the company’s 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 in the company, valued at $21,939.42. The trade was a 91.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 9,611 shares of company stock valued at $1,824,132. Company insiders own 4.30% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Citigroup raised EPAM Systems to a “hold” rating in a research note on Thursday, October 23rd. JPMorgan Chase & Co. upped their price target on EPAM Systems from $201.00 to $215.00 and gave the stock an “overweight” rating in a research note on Friday, November 7th. Morgan Stanley reduced their price objective 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. Wall Street Zen cut shares of EPAM Systems from a “buy” rating to a “hold” rating in a research note on Saturday, September 13th. Finally, Mizuho boosted their price target on shares of EPAM Systems from $225.00 to $228.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 11th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $208.40.

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.