Citigroup Inc. Grows Stock Position in EPAM Systems, Inc. $EPAM

Citigroup Inc. increased its holdings in EPAM Systems, Inc. (NYSE:EPAM) by 3.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 190,109 shares of the information technology services provider’s stock after acquiring an additional 6,246 shares during the period. Citigroup Inc. owned approximately 0.34% of EPAM Systems worth $28,667,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in EPAM. CWM LLC grew its holdings in shares of EPAM Systems by 1.1% during the 3rd quarter. CWM LLC now owns 6,546 shares of the information technology services provider’s stock worth $987,000 after purchasing an additional 71 shares during the period. Main Management ETF Advisors LLC lifted its position in EPAM Systems by 1.7% in the second quarter. Main Management ETF Advisors LLC now owns 4,398 shares of the information technology services provider’s stock valued at $778,000 after buying an additional 72 shares during the last quarter. Bank Hapoalim BM boosted its stake in EPAM Systems by 0.6% during the third quarter. Bank Hapoalim BM now owns 14,371 shares of the information technology services provider’s stock worth $2,167,000 after buying an additional 81 shares during the period. Motley Fool Asset Management LLC boosted its stake in EPAM Systems by 6.1% during the second quarter. Motley Fool Asset Management LLC now owns 1,443 shares of the information technology services provider’s stock worth $255,000 after buying an additional 83 shares during the period. Finally, KLP Kapitalforvaltning AS increased its position in shares of EPAM Systems by 0.9% during the third quarter. KLP Kapitalforvaltning AS now owns 11,800 shares of the information technology services provider’s stock valued at $1,779,000 after acquiring an additional 100 shares during the last quarter. Hedge funds and other institutional investors own 91.58% of the company’s stock.

Insiders Place Their Bets

In other news, SVP Boris Shnayder sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $207.00, for a total transaction of $1,035,000.00. Following the completion of the sale, the senior vice president owned 15,645 shares in the company, valued at approximately $3,238,515. The trade was a 24.22% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 4.30% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Weiss Ratings restated a “hold (c-)” rating on shares of EPAM Systems in a report on Monday, December 29th. Wall Street Zen upgraded EPAM Systems from a “hold” rating to a “buy” rating in a research note on Saturday, February 21st. Truist Financial dropped their price objective on EPAM Systems from $220.00 to $146.00 and set a “hold” rating for the company in a research note on Friday, February 20th. Citigroup cut their price target on shares of EPAM Systems from $225.00 to $155.00 and set a “neutral” rating on the stock in a research note on Friday, February 20th. Finally, Zacks Research lowered EPAM Systems from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 28th. Eleven investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $197.81.

EPAM Systems Price Performance

Shares of EPAM opened at $131.22 on Thursday. The firm has a market capitalization of $7.25 billion, a price-to-earnings ratio of 19.50, a PEG ratio of 1.54 and a beta of 1.72. The firm’s fifty day simple moving average is $195.62 and its 200-day simple moving average is $178.27. EPAM Systems, Inc. has a twelve month low of $125.57 and a twelve month high of $222.53. The company has a current ratio of 2.59, a quick ratio of 3.02 and a debt-to-equity ratio of 0.01.

EPAM Systems (NYSE:EPAM) last posted its earnings results on Thursday, February 19th. The information technology services provider reported $3.26 EPS for the quarter, beating the consensus estimate of $3.16 by $0.10. EPAM Systems had a return on equity of 13.57% and a net margin of 6.92%.The firm had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.39 billion. During the same quarter in the prior year, the company posted $2.84 earnings per share. EPAM Systems’s revenue for the quarter was up 12.8% compared to the same quarter last year. EPAM Systems has set its FY 2026 guidance at 12.600-12.900 EPS and its Q1 2026 guidance at 2.700-2.780 EPS. Equities analysts forecast that EPAM Systems, Inc. will post 8.9 EPS for the current fiscal year.

EPAM Systems Company 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.