Circumference Group LLC Acquires New Shares in EPAM Systems, Inc. $EPAM

Key Points

• Circumference Group LLC acquired a new position of 11,000 shares in EPAM Systems valued at about $1.659 million, equivalent to roughly 1.9% of the fund's portfolio and its 20th-largest holding.
• EPAM beat recent quarterly estimates with $3.26 EPS (vs. $3.16 expected) and $1.41 billion in revenue (up 12.8% YoY), and set FY2026 guidance at 12.600–12.900 EPS and Q1 guidance at 2.700–2.780 EPS.
• Institutional investors own about 91.58% of EPAM, and analysts have a consensus "Moderate Buy" with an average target of $197.81 amid mixed downgrades; the stock trades at a PE of 20.38 with a market cap near $7.42 billion.

Circumference Group LLC acquired a new position in shares of EPAM Systems, Inc. (NYSE:EPAM - Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 11,000 shares of the information technology services provider's stock, valued at approximately $1,659,000. EPAM Systems comprises approximately 1.9% of Circumference Group LLC's portfolio, making the stock its 20th largest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. Manning & Napier Advisors LLC acquired a new stake in shares of EPAM Systems during the third quarter valued at about $25,000. CYBER HORNET ETFs LLC acquired a new position in shares of EPAM Systems in the second quarter valued at approximately $27,000. True Wealth Design LLC raised its holdings in EPAM Systems by 1,870.0% in the 3rd quarter. True Wealth Design LLC now owns 197 shares of the information technology services provider's stock valued at $30,000 after buying an additional 187 shares during the last quarter. MUFG Securities EMEA plc bought a new position in EPAM Systems in the 2nd quarter valued at approximately $30,000. Finally, CVA Family Office LLC boosted its position in EPAM Systems by 4,840.0% during the 3rd quarter. CVA Family Office LLC now owns 247 shares of the information technology services provider's stock worth $37,000 after buying an additional 242 shares during the period. Institutional investors and hedge funds own 91.58% of the company's stock.

Wall Street Analyst Weigh In

EPAM has been the topic of a number of research reports. Truist Financial reduced their target price on shares of EPAM Systems from $220.00 to $146.00 and set a "hold" rating on the stock in a report on Friday, February 20th. Morgan Stanley set a $160.00 price target on shares of EPAM Systems in a research note on Friday, February 20th. Wall Street Zen lowered shares of EPAM Systems from a "buy" rating to a "hold" rating in a report on Saturday. Zacks Research downgraded EPAM Systems from a "strong-buy" rating to a "hold" rating in a report on Wednesday, January 28th. Finally, TD Cowen restated a "buy" rating on shares of EPAM Systems in a report on Monday, February 23rd. Eleven analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $197.81.

EPAM Systems Stock Performance

Shares of EPAM stock opened at $137.14 on Friday. The stock has a market capitalization of $7.42 billion, a PE ratio of 20.38, a PEG ratio of 1.40 and a beta of 1.77. The business's 50 day simple moving average is $179.64 and its 200 day simple moving average is $176.37. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.59 and a quick ratio of 2.59. EPAM Systems, Inc. has a one year low of $125.57 and a one year high of $222.53.

EPAM Systems (NYSE:EPAM - Get Free Report) last released its quarterly earnings results on Thursday, February 19th. The information technology services provider reported $3.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.16 by $0.10. The firm had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.39 billion. EPAM Systems had a net margin of 6.92% and a return on equity of 13.57%. The company's revenue was up 12.8% compared to the same quarter last year. During the same quarter last year, the business earned $2.84 EPS. 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. As a group, research analysts forecast that EPAM Systems, Inc. will post 8.9 earnings per share for the current year.

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.

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