Inspire Investing LLC Lowers Position in EPAM Systems, Inc. $EPAM

Inspire Investing LLC decreased its stake in shares of EPAM Systems, Inc. (NYSE:EPAM) by 4.9% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 10,992 shares of the information technology services provider’s stock after selling 561 shares during the period. Inspire Investing LLC’s holdings in EPAM Systems were worth $1,856,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in EPAM. Ninety One UK Ltd purchased a new stake in shares of EPAM Systems during the 1st quarter valued at $186,280,000. Invesco Ltd. boosted its holdings in EPAM Systems by 37.1% in the first quarter. Invesco Ltd. now owns 3,569,498 shares of the information technology services provider’s stock valued at $602,674,000 after acquiring an additional 965,089 shares during the last quarter. Massachusetts Financial Services Co. MA increased its stake in EPAM Systems by 98.8% during the first quarter. Massachusetts Financial Services Co. MA now owns 1,628,304 shares of the information technology services provider’s stock worth $274,923,000 after acquiring an additional 809,423 shares during the last quarter. Alyeska Investment Group L.P. increased its stake in EPAM Systems by 2,332.9% during the first quarter. Alyeska Investment Group L.P. now owns 729,877 shares of the information technology services provider’s stock worth $123,232,000 after acquiring an additional 699,877 shares during the last quarter. Finally, Point72 Asset Management L.P. purchased a new position in shares of EPAM Systems in the 4th quarter worth about $66,662,000. Institutional investors and hedge funds own 91.58% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on EPAM shares. JPMorgan Chase & Co. decreased their target price on EPAM Systems from $205.00 to $201.00 and set an “overweight” rating for the company in a report on Wednesday, August 20th. Wall Street Zen downgraded shares of EPAM Systems from a “buy” rating to a “hold” rating in a research note on Saturday. Morgan Stanley dropped their price objective on shares of EPAM Systems from $210.00 to $175.00 and set an “equal weight” rating for the company in a research report on Tuesday. TD Cowen upgraded shares of EPAM Systems from a “hold” rating to a “buy” rating and set a $205.00 target price on the stock in a report on Monday, August 18th. Finally, Cowen upgraded EPAM Systems from a “hold” rating to a “buy” rating in a report on Monday, August 18th. Thirteen research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $224.06.

EPAM Systems Price Performance

EPAM opened at $156.26 on Friday. EPAM Systems, Inc. has a twelve month low of $138.15 and a twelve month high of $269.00. The firm has a market cap of $8.70 billion, a price-to-earnings ratio of 22.29, a PEG ratio of 2.29 and a beta of 1.66. The company has a current ratio of 3.17, a quick ratio of 3.17 and a debt-to-equity ratio of 0.01. The company has a fifty day simple moving average of $165.89 and a 200 day simple moving average of $170.15.

EPAM Systems (NYSE:EPAM) last issued its quarterly earnings data on Thursday, August 7th. The information technology services provider reported $2.77 EPS for the quarter, topping analysts’ consensus estimates of $2.61 by $0.16. The firm had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.33 billion. EPAM Systems had a net margin of 7.91% and a return on equity of 14.00%. The firm’s revenue was up 18.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.45 EPS. EPAM Systems has set its FY 2025 guidance at 10.960-11.120 EPS. Q3 2025 guidance at 2.980-3.060 EPS. Equities research analysts expect that EPAM Systems, Inc. will post 8.9 EPS for the current fiscal year.

EPAM Systems Company Profile

EPAM Systems, Inc provides digital platform engineering and software development services worldwide. The company offers engineering services, including requirements analysis and platform selection, customization, cross-platform migration, implementation, and integration; infrastructure management services, such as software development, testing, performance tuning, deployment, maintenance, and support services.