Vise Technologies Inc. Buys 10,131 Shares of EPAM Systems, Inc. $EPAM

Key Points

• Vise Technologies increased its EPAM stake by 217.9% in the third quarter, buying 10,131 shares to hold 14,780 shares valued at about $1.6 million.
• EPAM’s third-quarter adjusted earnings of $3.51 per share and revenue of $1.426 billion topped estimates; revenue rose 2.3% year over year, and the company raised its 2026 outlook.
• EPAM expanded its share-repurchase authorization to $1.8 billion, including a planned $500 million accelerated buyback, and said it aims to return at least 50% of free cash flow to shareholders annually from 2027 to 2029.

Vise Technologies Inc. lifted its stake in EPAM Systems, Inc. (NYSE:EPAM - Free Report) by 217.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 14,780 shares of the information technology services provider's stock after purchasing an additional 10,131 shares during the period. Vise Technologies Inc.'s holdings in EPAM Systems were worth $1,602,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Financial Management Professionals Inc. lifted its stake in shares of EPAM Systems by 47.3% in the 3rd quarter. Financial Management Professionals Inc. now owns 268 shares of the information technology services provider's stock valued at $29,000 after purchasing an additional 86 shares during the period. Signaturefd LLC boosted its position in EPAM Systems by 1,068.3% during the second quarter. Signaturefd LLC now owns 479 shares of the information technology services provider's stock valued at $38,000 after purchasing an additional 438 shares during the last quarter. Global Retirement Partners LLC bought a new position in EPAM Systems in the second quarter valued at approximately $43,000. Trust Asset Management LLC acquired a new position in shares of EPAM Systems during the 2nd quarter worth approximately $50,000. Finally, Elevation Wealth Partners LLC increased its position in shares of EPAM Systems by 94.1% during the 3rd quarter. Elevation Wealth Partners LLC now owns 493 shares of the information technology services provider's stock worth $53,000 after purchasing an additional 239 shares during the last quarter. Institutional investors own 91.58% of the company's stock.

Key Headlines Impacting EPAM Systems

Here are the key news stories impacting EPAM Systems this week:

• Positive Sentiment: Third-quarter non-GAAP EPS of $3.51 topped the $3.41 consensus, and revenue of $1.426 billion exceeded estimates of $1.42 billion, rising 2.3% year over year. EPAM also raised its 2026 outlook, forecasting full-year non-GAAP EPS of $13.23–$13.31 and revenue growth of 3.5%–3.7%. EPAM Reports Results for Third Quarter 2026
• Positive Sentiment: EPAM expanded its remaining share-repurchase authorization to $1.8 billion, plans a $500 million accelerated repurchase, and committed to return at least 50% of free cash flow to shareholders annually from 2027 through 2029. It also lifted its 2026 AI-native revenue target to $650 million. EPAM shareholder-return and AI revenue plans
• Positive Sentiment: Several firms raised price targets after the results. Susquehanna lifted its target to $190 with a positive rating, while Wells Fargo raised its target to $176 and maintained an overweight rating. Susquehanna recommendations
• Neutral Sentiment: Revenue growth remains in the low single digits, which may temper enthusiasm despite the earnings beat and improved outlook. Analyst views are also mixed: Truist kept a hold rating and Wedbush a neutral rating after raising their targets. EPAM 2026 earnings guidance

Analyst Upgrades and Downgrades

EPAM has been the subject of several analyst reports. Mizuho set a $130.00 target price on shares of EPAM Systems in a research note on Monday, August 10th. Stifel Nicolaus set a $135.00 price target on shares of EPAM Systems in a research note on Thursday, August 6th. Truist Financial lifted their price objective on shares of EPAM Systems from $110.00 to $150.00 and gave the company a "hold" rating in a research report on Friday. Deutsche Bank Aktiengesellschaft restated a "hold" rating and set a $85.00 price objective on shares of EPAM Systems in a research note on Friday, July 10th. Finally, TD Cowen dropped their target price on shares of EPAM Systems from $131.00 to $120.00 and set a "buy" rating on the stock in a report on Friday, August 7th. Six equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $143.73.

EPAM Systems Stock Performance

Shares of EPAM Systems stock traded down $6.87 on Friday, hitting $158.83. The stock had a trading volume of 3,339,845 shares, compared to its average volume of 932,562. The stock has a market cap of $8.19 billion, a price-to-earnings ratio of 19.85, a price-to-earnings-growth ratio of 1.49 and a beta of 1.28. The company has a quick ratio of 2.75, a current ratio of 2.75 and a debt-to-equity ratio of 0.01. EPAM Systems, Inc. has a twelve month low of $73.06 and a twelve month high of $222.53. The business's 50 day moving average is $121.86 and its two-hundred day moving average is $121.40.

EPAM Systems (NYSE:EPAM - Get Free Report) last released its quarterly earnings results on Thursday, November 5th. The information technology services provider reported $3.51 earnings per share for the quarter, topping the consensus estimate of $3.41 by $0.10. The business had revenue of $1.43 billion during the quarter, compared to analysts' expectations of $1.42 billion. EPAM Systems had a return on equity of 15.84% and a net margin of 7.15%. The firm's revenue for the quarter was up 2.3% compared to the same quarter last year. During the same period last year, the firm posted $3.08 EPS. Analysts forecast that EPAM Systems, Inc. will post 10.47 EPS for the current year.

EPAM Systems Profile

EPAM Systems, Inc is a global digital engineering and technology services company that helps organizations design, develop and modernize software and digital platforms. Its services support digital transformation initiatives across industries, including financial services, healthcare, life sciences, retail, travel and consumer products.

The company provides software engineering, product development, consulting, cloud services, data and analytics, artificial intelligence, cybersecurity, quality assurance and platform engineering.

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