18,793 Shares in EPAM Systems, Inc. $EPAM Acquired by Bank Hapoalim BM

Bank Hapoalim BM acquired a new stake in shares of EPAM Systems, Inc. (NYSE:EPAM - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 18,793 shares of the information technology services provider's stock, valued at approximately $1,491,000.

A number of other institutional investors have also recently added to or reduced their stakes in EPAM. B. Metzler seel. Sohn & Co. AG boosted its stake in shares of EPAM Systems by 289.9% during the 4th quarter. B. Metzler seel. Sohn & Co. AG now owns 17,297 shares of the information technology services provider's stock worth $3,544,000 after acquiring an additional 12,861 shares in the last quarter. Aikya Investment Management Ltd raised its stake in shares of EPAM Systems by 8.4% in the 4th quarter. Aikya Investment Management Ltd now owns 763,798 shares of the information technology services provider's stock valued at $156,487,000 after acquiring an additional 58,977 shares in the last quarter. Van Berkom & Associates Inc. raised its stake in shares of EPAM Systems by 14.6% in the 4th quarter. Van Berkom & Associates Inc. now owns 423,510 shares of the information technology services provider's stock valued at $86,769,000 after acquiring an additional 54,075 shares in the last quarter. Merit Financial Group LLC lifted its holdings in EPAM Systems by 429.1% in the 4th quarter. Merit Financial Group LLC now owns 11,196 shares of the information technology services provider's stock worth $2,294,000 after purchasing an additional 9,080 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in EPAM Systems by 7.8% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 348,586 shares of the information technology services provider's stock worth $47,199,000 after purchasing an additional 25,152 shares during the last quarter. 91.58% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. Stifel Nicolaus set a $135.00 price target on EPAM Systems in a report on Thursday, August 6th. Citigroup reduced their price objective on shares of EPAM Systems from $112.00 to $100.00 and set a "neutral" rating for the company in a research note on Monday, July 27th. The Goldman Sachs Group downgraded shares of EPAM Systems from a "buy" rating to a "neutral" rating and decreased their price objective for the stock from $215.00 to $110.00 in a report on Friday, May 8th. Wells Fargo & Company lowered their target price on shares of EPAM Systems from $151.00 to $125.00 and set an "overweight" rating on the stock in a research note on Friday, July 10th. Finally, Truist Financial dropped their target price on shares of EPAM Systems from $112.00 to $110.00 and set a "hold" rating on the stock in a report on Friday, August 7th. Seven research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $116.47.

EPAM Systems Stock Down 1.0%

NYSE EPAM opened at $100.53 on Friday. EPAM Systems, Inc. has a twelve month low of $73.06 and a twelve month high of $222.53. The stock has a market cap of $5.19 billion, a PE ratio of 13.62, a PEG ratio of 1.04 and a beta of 1.39. The firm has a 50-day simple moving average of $91.00 and a 200 day simple moving average of $119.85. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.75 and a current ratio of 2.75.

EPAM Systems (NYSE:EPAM - Get Free Report) 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, beating the consensus estimate of $3.16 by $0.22. The firm had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.41 billion. EPAM Systems had a return on equity of 15.84% and a net margin of 7.15%.The company's quarterly revenue was up 4.6% compared to the same quarter last year. During the same period in the previous year, the company posted $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. On average, research analysts forecast that EPAM Systems, Inc. will post 10.48 EPS for the current year.

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.

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