Moore Capital Management LP Acquires New Holdings in EPAM Systems, Inc. $EPAM

Moore Capital Management LP bought a new stake in shares of EPAM Systems, Inc. (NYSE:EPAM - Free Report) in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 40,580 shares of the information technology services provider's stock, valued at approximately $3,220,000. Moore Capital Management LP owned approximately 0.08% of EPAM Systems at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Rothschild Investment LLC increased its stake in shares of EPAM Systems by 51.4% during the 4th quarter. Rothschild Investment LLC now owns 159 shares of the information technology services provider's stock worth $33,000 after purchasing an additional 54 shares in the last quarter. Horizon Investments LLC lifted its stake in EPAM Systems by 6.4% in the 4th quarter. Horizon Investments LLC now owns 928 shares of the information technology services provider's stock valued at $190,000 after buying an additional 56 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. grew its holdings in EPAM Systems by 4.5% during the 4th quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 1,570 shares of the information technology services provider's stock valued at $322,000 after buying an additional 67 shares during the last quarter. Bradley Foster & Sargent Inc. CT increased its position in EPAM Systems by 2.8% during the fourth quarter. Bradley Foster & Sargent Inc. CT now owns 2,686 shares of the information technology services provider's stock worth $550,000 after buying an additional 74 shares in the last quarter. Finally, Rockefeller Capital Management L.P. increased its position in EPAM Systems by 4.0% during the fourth quarter. Rockefeller Capital Management L.P. now owns 2,144 shares of the information technology services provider's stock worth $439,000 after buying an additional 82 shares in the last quarter. Institutional investors and hedge funds own 91.58% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on EPAM. TD Cowen reduced their price objective on EPAM Systems from $131.00 to $120.00 and set a "buy" rating on the stock in a research report on Friday, August 7th. Susquehanna cut their target price on shares of EPAM Systems from $167.00 to $146.00 and set a "positive" rating for the company in a research note on Friday, August 7th. Jefferies Financial Group lowered shares of EPAM Systems from a "buy" rating to a "hold" rating and reduced their target price for the company from $130.00 to $110.00 in a report on Friday, May 29th. Mizuho set a $130.00 price target on shares of EPAM Systems in a research note on Monday, August 10th. Finally, The Goldman Sachs Group downgraded shares of EPAM Systems from a "buy" rating to a "neutral" rating and lowered their price target for the stock from $215.00 to $110.00 in a report on Friday, May 8th. Six investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, EPAM Systems currently has a consensus rating of "Hold" and a consensus target price of $116.47.

EPAM Systems Trading Up 2.7%

NYSE EPAM opened at $117.90 on Tuesday. EPAM Systems, Inc. has a 12 month low of $73.06 and a 12 month high of $222.53. The company has a 50-day moving average of $95.51 and a 200-day moving average of $112.27. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.75 and a quick ratio of 2.75. The company has a market cap of $6.08 billion, a P/E ratio of 15.98, a P/E/G ratio of 1.18 and a beta of 1.39.

EPAM Systems (NYSE:EPAM - Get Free Report) last released its earnings results on Thursday, August 6th. The information technology services provider reported $3.38 earnings per share (EPS) for the quarter, topping 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 analysts' expectations of $1.41 billion. During the same period last year, the company earned $2.77 earnings per share. The company's quarterly revenue was up 4.6% on a year-over-year basis. 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. As a group, equities analysts predict that EPAM Systems, Inc. will post 10.48 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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