EPAM Systems, Inc. $EPAM Shares Sold by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

Key Points

• UBS Asset Management cut its EPAM Systems stake by 27.9% in the second quarter, selling 62,147 shares and retaining 160,822 shares worth approximately $12.8 million. Institutional investors collectively own 91.58% of the company.
• Analyst sentiment is mixed, with six Buy ratings, ten Holds, and one Sell; the consensus rating is Hold with an average price target of $116.47 after several firms lowered their targets.
• EPAM reported quarterly earnings of $3.38 per share, exceeding estimates of $3.16, while revenue reached $1.41 billion, up 4.6% year over year. Shares opened at $117.18, down 2.3%.

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its stake in shares of EPAM Systems, Inc. (NYSE:EPAM - Free Report) by 27.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 160,822 shares of the information technology services provider's stock after selling 62,147 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.31% of EPAM Systems worth $12,761,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of EPAM. Arrowstreet Capital Limited Partnership lifted its position in shares of EPAM Systems by 7.8% during 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 buying an additional 25,152 shares during the last quarter. Bank Hapoalim BM purchased a new position in shares of EPAM Systems in the 2nd quarter valued at $1,491,000. Bank of America Corp DE raised its stake in EPAM Systems by 15.9% during the 1st quarter. Bank of America Corp DE now owns 624,699 shares of the information technology services provider's stock worth $84,584,000 after acquiring an additional 85,480 shares in the last quarter. Lazard Asset Management LLC lifted its position in EPAM Systems by 82.2% in the first quarter. Lazard Asset Management LLC now owns 39,326 shares of the information technology services provider's stock valued at $5,325,000 after acquiring an additional 17,737 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. purchased a new stake in EPAM Systems in the second quarter valued at $9,315,000. Hedge funds and other institutional investors own 91.58% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have issued reports on EPAM shares. Guggenheim dropped their price objective on EPAM Systems from $165.00 to $140.00 and set a "buy" rating on the stock in a report on Monday, August 10th. William Blair cut shares of EPAM Systems from an "outperform" rating to a "market perform" rating in a report on Thursday, August 6th. Weiss Ratings reissued a "sell (d+)" rating on shares of EPAM Systems in a report on Tuesday, August 4th. Mizuho set a $130.00 price target on EPAM Systems in a research report on Monday, August 10th. Finally, Wells Fargo & Company reduced their price objective on EPAM Systems from $151.00 to $125.00 and set an "overweight" rating for the company in a research note on Friday, July 10th. Six analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $116.47.

EPAM Systems Stock Down 2.3%

Shares of EPAM Systems stock opened at $117.18 on Friday. EPAM Systems, Inc. has a one year low of $73.06 and a one year high of $222.53. The company has a market cap of $6.05 billion, a P/E ratio of 15.88, a PEG ratio of 1.20 and a beta of 1.38. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.75 and a current ratio of 2.75. The firm has a fifty day moving average of $98.66 and a two-hundred day moving average of $111.23.

EPAM Systems (NYSE:EPAM - Get Free Report) last issued its earnings results on Thursday, August 6th. The information technology services provider reported $3.38 earnings per share for the quarter, beating the consensus estimate of $3.16 by $0.22. EPAM Systems had a net margin of 7.15% and a return on equity of 15.84%. The business had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.41 billion. During the same quarter in the previous year, the firm earned $2.77 earnings per share. The business's quarterly revenue was up 4.6% compared to the same quarter last year. 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, analysts forecast that EPAM Systems, Inc. will post 10.47 earnings per share 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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