Vanguard Group Inc. Sells 31,941 Shares of EPAM Systems, Inc. $EPAM

Key Points

• Vanguard trimmed its EPAM stake by 0.5%, selling 31,941 shares and now holds 6,982,994 shares—about 12.64% of the company valued at roughly $1.43 billion per its latest SEC filing.
• Several brokerages have cut price targets recently, but analyst consensus remains a Moderate Buy with an average price target of $191.93 (nine Buys, seven Holds).
• EPAM beat quarterly estimates with EPS $3.26 vs. $3.16 and revenue of $1.41 billion, and set FY2026 guidance of $12.60–$12.90 in EPS.

Vanguard Group Inc. cut its position in shares of EPAM Systems, Inc. (NYSE:EPAM - Free Report) by 0.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,982,994 shares of the information technology services provider's stock after selling 31,941 shares during the period. Vanguard Group Inc. owned approximately 12.64% of EPAM Systems worth $1,430,676,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Sound Income Strategies LLC raised its position in EPAM Systems by 279.5% during the fourth quarter. Sound Income Strategies LLC now owns 148 shares of the information technology services provider's stock valued at $31,000 after purchasing an additional 109 shares during the period. CYBER HORNET ETFs LLC purchased a new stake in EPAM Systems during the second quarter valued at approximately $27,000. MUFG Securities EMEA plc purchased a new stake in EPAM Systems during the second quarter valued at approximately $30,000. Manning & Napier Advisors LLC purchased a new stake in shares of EPAM Systems in the third quarter worth approximately $25,000. Finally, Financial Management Professionals Inc. purchased a new stake in shares of EPAM Systems in the fourth quarter worth approximately $37,000. 91.58% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on EPAM. JPMorgan Chase & Co. reduced their price target on EPAM Systems from $215.00 to $183.00 and set an "overweight" rating on the stock in a report on Friday, February 20th. The Goldman Sachs Group reduced their price target on EPAM Systems from $250.00 to $235.00 and set a "buy" rating on the stock in a report on Thursday, February 19th. Wells Fargo & Company reduced their price target on EPAM Systems from $247.00 to $195.00 and set an "overweight" rating on the stock in a report on Friday, February 20th. TD Cowen reduced their price target on EPAM Systems from $220.00 to $213.00 and set a "buy" rating on the stock in a report on Monday, April 6th. Finally, Wall Street Zen downgraded EPAM Systems from a "buy" rating to a "hold" rating in a report on Saturday, March 14th. Nine analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, EPAM Systems has an average rating of "Moderate Buy" and an average price target of $191.93.

EPAM Systems Trading Up 0.8%

EPAM opened at $113.79 on Friday. The stock's fifty day moving average is $132.74 and its two-hundred day moving average is $169.43. The company has a market capitalization of $5.97 billion, a P/E ratio of 16.91, a PEG ratio of 1.10 and a beta of 1.73. EPAM Systems, Inc. has a 52 week low of $109.70 and a 52 week high of $222.53. The company has a quick ratio of 2.59, a current ratio of 2.59 and a debt-to-equity ratio of 0.01.

EPAM Systems (NYSE:EPAM - Get Free Report) last released its quarterly earnings data on Thursday, February 19th. The information technology services provider reported $3.26 EPS for the quarter, topping the consensus estimate of $3.16 by $0.10. The company had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.39 billion. EPAM Systems had a return on equity of 13.57% and a net margin of 6.92%.EPAM Systems's quarterly revenue was up 12.8% on a year-over-year basis. During the same period last year, the business posted $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. Analysts forecast that EPAM Systems, Inc. will post 9.94 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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