Mitsubishi UFJ Trust & Banking Corp Decreases Stake in EPAM Systems, Inc. $EPAM

Mitsubishi UFJ Trust & Banking Corp decreased its holdings in EPAM Systems, Inc. (NYSE:EPAM) by 4.3% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 360,437 shares of the information technology services provider’s stock after selling 16,237 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned approximately 0.65% of EPAM Systems worth $54,350,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of EPAM. Fourth Sail Capital LP raised its position in EPAM Systems by 35.3% in the second quarter. Fourth Sail Capital LP now owns 71,700 shares of the information technology services provider’s stock valued at $12,678,000 after purchasing an additional 18,700 shares during the period. New York State Common Retirement Fund grew its stake in shares of EPAM Systems by 61.0% in the second quarter. New York State Common Retirement Fund now owns 118,996 shares of the information technology services provider’s stock valued at $21,041,000 after buying an additional 45,106 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of EPAM Systems by 85.5% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 7,107 shares of the information technology services provider’s stock valued at $1,299,000 after buying an additional 3,275 shares during the period. Leeward Investments LLC MA lifted its position in EPAM Systems by 16.9% during the 2nd quarter. Leeward Investments LLC MA now owns 53,725 shares of the information technology services provider’s stock worth $9,500,000 after acquiring an additional 7,757 shares in the last quarter. Finally, Geode Capital Management LLC boosted its holdings in EPAM Systems by 1.1% in the 2nd quarter. Geode Capital Management LLC now owns 1,418,287 shares of the information technology services provider’s stock worth $250,752,000 after acquiring an additional 15,936 shares during the period. 91.58% of the stock is currently owned by hedge funds and other institutional investors.

EPAM Systems Price Performance

EPAM opened at $218.35 on Friday. The company has a market capitalization of $12.06 billion, a P/E ratio of 33.34, a PEG ratio of 2.71 and a beta of 1.73. The company has a 50-day moving average of $203.78 and a 200-day moving average of $176.26. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.02 and a current ratio of 3.02. EPAM Systems, Inc. has a 1-year low of $138.15 and a 1-year high of $269.00.

EPAM Systems (NYSE:EPAM) last issued its quarterly earnings results on Thursday, November 6th. The information technology services provider reported $3.08 EPS for the quarter, topping the consensus estimate of $3.02 by $0.06. The business had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.39 billion. EPAM Systems had a net margin of 7.01% and a return on equity of 13.16%. The company’s quarterly revenue was up 19.4% compared to the same quarter last year. During the same quarter last year, the company posted $3.12 earnings per share. EPAM Systems has set its FY 2025 guidance at 11.360-11.440 EPS and its Q4 2025 guidance at 3.100-3.18 EPS. Equities analysts expect that EPAM Systems, Inc. will post 8.9 EPS for the current fiscal year.

EPAM Systems announced that its board has authorized a stock repurchase program on Tuesday, October 21st that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the information technology services provider to buy up to 12.4% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s leadership believes its shares are undervalued.

Insider Activity

In related news, SVP Boris Shnayder sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $207.00, for a total transaction of $1,035,000.00. Following the sale, the senior vice president directly owned 15,645 shares of the company’s stock, valued at approximately $3,238,515. This represents a 24.22% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Gary C. Abrahams sold 600 shares of the firm’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $179.29, for a total value of $107,574.00. Following the transaction, the vice president owned 2,720 shares in the company, valued at $487,668.80. This trade represents a 18.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 8,100 shares of company stock worth $1,597,074. 4.30% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of analysts have recently issued reports on EPAM shares. Weiss Ratings reiterated a “hold (c-)” rating on shares of EPAM Systems in a research note on Monday, December 29th. Citigroup raised shares of EPAM Systems to a “hold” rating in a research note on Thursday, October 23rd. Truist Financial initiated coverage on shares of EPAM Systems in a research report on Tuesday, January 6th. They issued a “hold” rating and a $220.00 price objective for the company. Mizuho lifted their target price on EPAM Systems from $225.00 to $228.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 11th. Finally, TD Cowen reiterated a “buy” rating on shares of EPAM Systems in a research note on Friday, January 9th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $210.53.

EPAM Systems Company 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.