Tidal Investments LLC Has $6.33 Million Stake in EPAM Systems, Inc. $EPAM

Tidal Investments LLC lifted its stake in EPAM Systems, Inc. (NYSE:EPAM) by 23.0% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 79,826 shares of the information technology services provider’s stock after acquiring an additional 14,917 shares during the period. Tidal Investments LLC’s holdings in EPAM Systems were worth $6,334,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in EPAM. Brighton Jones LLC acquired a new stake in shares of EPAM Systems in the fourth quarter worth $218,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of EPAM Systems by 68.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,539 shares of the information technology services provider’s stock worth $1,611,000 after buying an additional 3,880 shares during the period. Goldman Sachs Group Inc. grew its stake in EPAM Systems by 53.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 335,150 shares of the information technology services provider’s stock valued at $56,587,000 after buying an additional 117,170 shares during the last quarter. United Services Automobile Association bought a new position in EPAM Systems in the 1st quarter worth $229,000. Finally, Empowered Funds LLC raised its holdings in EPAM Systems by 134.1% in the 1st quarter. Empowered Funds LLC now owns 2,254 shares of the information technology services provider’s stock worth $381,000 after acquiring an additional 1,291 shares during the period. 91.58% of the stock is currently owned by institutional investors and hedge funds.

EPAM Systems Stock Performance

NYSE:EPAM opened at $117.83 on Monday. The firm’s 50-day moving average is $101.84 and its 200-day moving average is $109.74. EPAM Systems, Inc. has a 52-week low of $73.06 and a 52-week high of $222.53. 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 company has a market cap of $6.08 billion, a price-to-earnings ratio of 15.97, a PEG ratio of 1.21 and a beta of 1.38.

EPAM Systems (NYSE:EPAM) last announced its quarterly earnings data on Thursday, August 6th. The information technology services provider reported $3.38 EPS for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $1.41 billion. During the same quarter in the prior year, the business earned $2.77 earnings per share. The firm’s revenue for the quarter 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. Equities research analysts anticipate that EPAM Systems, Inc. will post 10.47 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on EPAM shares. Jefferies Financial Group downgraded EPAM Systems from a “buy” rating to a “hold” rating and lowered their price target for the company from $130.00 to $110.00 in a research report on Friday, May 29th. Weiss Ratings reissued a “sell (d+)” rating on shares of EPAM Systems in a research report on Tuesday, August 4th. Wells Fargo & Company decreased their target price 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. Wedbush started coverage on EPAM Systems in a report on Monday, June 15th. They issued a “neutral” rating and a $99.00 target price on the stock. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $85.00 price target on shares of EPAM Systems in a research report on Friday, July 10th. Six research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $116.47.

About EPAM Systems

EPAM Systems, Inc is a global digital engineering and technology services company that helps businesses design, develop and modernize software and digital products. Its services include software engineering, product development, platform engineering, cloud transformation, data and analytics, artificial intelligence, cybersecurity, consulting and experience design.

EPAM serves clients across industries such as financial services, healthcare, life sciences, retail, travel and hospitality, media, telecommunications, energy and manufacturing.