EPAM Systems, Inc. (EPAM) CEO Arkadiy Dobkin Sells 75,000 Shares

EPAM Systems, Inc. (NYSE:EPAM) CEO Arkadiy Dobkin sold 75,000 shares of the business’s stock in a transaction on Monday, November 13th. The shares were sold at an average price of $101.64, for a total transaction of $7,623,000.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Arkadiy Dobkin also recently made the following trade(s):

  • On Thursday, November 2nd, Arkadiy Dobkin sold 10,000 shares of EPAM Systems stock. The stock was sold at an average price of $95.00, for a total transaction of $950,000.00.
  • On Monday, November 6th, Arkadiy Dobkin sold 74,293 shares of EPAM Systems stock. The shares were sold at an average price of $99.16, for a total transaction of $7,366,893.88.
  • On Monday, October 30th, Arkadiy Dobkin sold 15,000 shares of EPAM Systems stock. The shares were sold at an average price of $90.81, for a total transaction of $1,362,150.00.
  • On Monday, October 23rd, Arkadiy Dobkin sold 15,000 shares of EPAM Systems stock. The stock was sold at an average price of $91.09, for a total transaction of $1,366,350.00.
  • On Monday, October 16th, Arkadiy Dobkin sold 15,000 shares of EPAM Systems stock. The stock was sold at an average price of $90.92, for a total transaction of $1,363,800.00.
  • On Monday, October 9th, Arkadiy Dobkin sold 20,000 shares of EPAM Systems stock. The stock was sold at an average price of $89.88, for a total transaction of $1,797,600.00.
  • On Monday, October 2nd, Arkadiy Dobkin sold 10,000 shares of EPAM Systems stock. The shares were sold at an average price of $87.47, for a total transaction of $874,700.00.
  • On Monday, September 25th, Arkadiy Dobkin sold 5,000 shares of EPAM Systems stock. The shares were sold at an average price of $83.04, for a total transaction of $415,200.00.
  • On Wednesday, September 27th, Arkadiy Dobkin sold 10,000 shares of EPAM Systems stock. The shares were sold at an average price of $84.02, for a total transaction of $840,200.00.
  • On Monday, September 18th, Arkadiy Dobkin sold 5,000 shares of EPAM Systems stock. The shares were sold at an average price of $82.66, for a total transaction of $413,300.00.

Shares of EPAM Systems, Inc. (EPAM) traded up $0.98 during trading on Friday, reaching $103.61. The company’s stock had a trading volume of 211,100 shares, compared to its average volume of 336,337. The company has a debt-to-equity ratio of 0.03, a current ratio of 5.56 and a quick ratio of 5.56. The stock has a market capitalization of $5,440.00, a price-to-earnings ratio of 40.56, a P/E/G ratio of 1.97 and a beta of 0.95. EPAM Systems, Inc. has a fifty-two week low of $61.34 and a fifty-two week high of $104.32.

EPAM Systems (NYSE:EPAM) last announced its quarterly earnings data on Thursday, November 2nd. The information technology services provider reported $0.92 EPS for the quarter, beating the consensus estimate of $0.85 by $0.07. The business had revenue of $377.50 million during the quarter, compared to analyst estimates of $368.22 million. EPAM Systems had a return on equity of 15.70% and a net margin of 9.41%. The company’s revenue for the quarter was up 26.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.76 earnings per share. equities analysts expect that EPAM Systems, Inc. will post 2.69 EPS for the current year.

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Several institutional investors and hedge funds have recently bought and sold shares of the company. California Public Employees Retirement System raised its position in shares of EPAM Systems by 6.8% in the 3rd quarter. California Public Employees Retirement System now owns 103,657 shares of the information technology services provider’s stock worth $9,115,000 after purchasing an additional 6,557 shares during the last quarter. Bamco Inc. NY raised its position in shares of EPAM Systems by 28.0% in the 3rd quarter. Bamco Inc. NY now owns 53,836 shares of the information technology services provider’s stock worth $4,734,000 after purchasing an additional 11,763 shares during the last quarter. Grandeur Peak Global Advisors LLC raised its position in shares of EPAM Systems by 3.8% in the 3rd quarter. Grandeur Peak Global Advisors LLC now owns 375,925 shares of the information technology services provider’s stock worth $33,055,000 after purchasing an additional 13,800 shares during the last quarter. HCR Wealth Advisors purchased a new position in shares of EPAM Systems in the 3rd quarter worth about $440,000. Finally, OxFORD Asset Management LLP raised its position in EPAM Systems by 226.1% in the 3rd quarter. OxFORD Asset Management LLP now owns 13,791 shares of the information technology services provider’s stock worth $1,178,000 after buying an additional 9,562 shares during the last quarter. 87.77% of the stock is owned by hedge funds and other institutional investors.

EPAM has been the topic of a number of recent research reports. KeyCorp reiterated a “buy” rating on shares of EPAM Systems in a research report on Friday, October 20th. Cowen and Company restated a “buy” rating and issued a $95.00 target price on shares of EPAM Systems in a report on Friday, September 1st. Bank of America Corporation began coverage on shares of EPAM Systems in a report on Tuesday, September 12th. They issued a “buy” rating and a $95.00 target price on the stock. Zacks Investment Research cut shares of EPAM Systems from a “buy” rating to a “hold” rating in a report on Tuesday, October 10th. Finally, Citigroup Inc. raised their target price on shares of EPAM Systems from $96.00 to $105.00 and gave the stock a “buy” rating in a report on Friday, October 13th. Fifteen equities research analysts have rated the stock with a buy rating, The company presently has a consensus rating of “Buy” and a consensus target price of $98.29.

EPAM Systems Company Profile

EPAM Systems, Inc is a g provider of software product development and digital platform engineering services to clients located primarily in North America, Europe, Asia and Australia. The Company’s service offerings cover the full software product development lifecycle from digital strategy and customer experience design to enterprise application platforms implementation and program management services and from complex software development services to maintenance, support, custom application development, application testing, and infrastructure management.

Insider Buying and Selling by Quarter for EPAM Systems (NYSE:EPAM)

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