EPAM Systems, Inc. $EPAM Shares Sold by Inspire Investing LLC

Key Points

• Inspire Investing LLC has reduced its stake in EPAM Systems by 28.1%, now holding 7,898 shares valued at approximately $1.4 million.
• EPAM Systems reported a Q2 earnings per share of $2.77, exceeding analyst expectations, with revenue for the quarter rising 18% year-over-year to $1.35 billion.
• Institutional investors now own 91.58% of EPAM Systems' stock, reflecting significant interest from large financial entities.

Inspire Investing LLC decreased its stake in EPAM Systems, Inc. (NYSE:EPAM - Free Report) by 28.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,898 shares of the information technology services provider's stock after selling 3,094 shares during the period. Inspire Investing LLC's holdings in EPAM Systems were worth $1,397,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of EPAM. Brighton Jones LLC acquired a new position in shares of EPAM Systems in the 4th quarter valued at $218,000. Yousif Capital Management LLC raised its position in EPAM Systems by 1.4% in the 1st quarter. Yousif Capital Management LLC now owns 7,200 shares of the information technology services provider's stock valued at $1,216,000 after purchasing an additional 97 shares during the last quarter. SG Americas Securities LLC raised its position in EPAM Systems by 518.9% in the 1st quarter. SG Americas Securities LLC now owns 6,950 shares of the information technology services provider's stock valued at $1,173,000 after purchasing an additional 5,827 shares during the last quarter. Handelsbanken Fonder AB raised its position in EPAM Systems by 25.4% in the 1st quarter. Handelsbanken Fonder AB now owns 17,300 shares of the information technology services provider's stock valued at $2,921,000 after purchasing an additional 3,500 shares during the last quarter. Finally, CX Institutional purchased a new stake in EPAM Systems in the 1st quarter valued at $42,000. Institutional investors and hedge funds own 91.58% of the company's stock.

EPAM Systems Trading Down 5.3%

Shares of EPAM Systems stock opened at $142.61 on Friday. EPAM Systems, Inc. has a 52-week low of $138.15 and a 52-week high of $269.00. The company has a quick ratio of 3.17, a current ratio of 3.17 and a debt-to-equity ratio of 0.01. The company's 50-day simple moving average is $159.44 and its 200-day simple moving average is $164.85. The firm has a market cap of $7.94 billion, a price-to-earnings ratio of 20.34, a price-to-earnings-growth ratio of 2.07 and a beta of 1.65.

EPAM Systems (NYSE:EPAM - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The information technology services provider reported $2.77 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.61 by $0.16. EPAM Systems had a net margin of 7.91% and a return on equity of 14.00%. The business had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.33 billion. During the same period in the previous year, the business posted $2.45 earnings per share. The business's revenue was up 18.0% compared to the same quarter last year. EPAM Systems has set its FY 2025 guidance at 10.960-11.120 EPS. Q3 2025 guidance at 2.980-3.060 EPS. As a group, equities research analysts anticipate that EPAM Systems, Inc. will post 8.9 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms recently commented on EPAM. JPMorgan Chase & Co. reduced their price target on shares of EPAM Systems from $205.00 to $201.00 and set an "overweight" rating for the company in a research report on Wednesday, August 20th. Deutsche Bank Aktiengesellschaft began coverage on shares of EPAM Systems in a research report on Thursday, July 17th. They issued a "hold" rating and a $171.00 price target for the company. Wall Street Zen downgraded shares of EPAM Systems from a "buy" rating to a "hold" rating in a research report on Saturday, September 13th. TD Cowen upgraded shares of EPAM Systems from a "hold" rating to a "buy" rating and set a $205.00 price target for the company in a research report on Monday, August 18th. Finally, Morgan Stanley cut their price objective on shares of EPAM Systems from $210.00 to $175.00 and set an "equal weight" rating for the company in a research report on Tuesday, September 9th. Thirteen analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $224.06.

About EPAM Systems

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.

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