ICICI Prudential Asset Management Co Ltd Sells 28,603 Shares of EPAM Systems, Inc. $EPAM

ICICI Prudential Asset Management Co Ltd reduced its holdings in EPAM Systems, Inc. (NYSE:EPAM) by 44.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 35,323 shares of the information technology services provider’s stock after selling 28,603 shares during the period. ICICI Prudential Asset Management Co Ltd owned approximately 0.06% of EPAM Systems worth $5,326,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Fourth Sail Capital LP grew its position in shares of EPAM Systems by 35.3% during the 2nd quarter. Fourth Sail Capital LP now owns 71,700 shares of the information technology services provider’s stock worth $12,678,000 after buying an additional 18,700 shares during the period. New York State Common Retirement Fund raised its position in shares of EPAM Systems by 61.0% in the 2nd 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 acquiring an additional 45,106 shares during the period. Atlantic Union Bankshares Corp bought a new position in EPAM Systems during the 3rd quarter worth approximately $1,384,000. Van Berkom & Associates Inc. grew its holdings in EPAM Systems by 4,413.0% during the third quarter. Van Berkom & Associates Inc. now owns 369,435 shares of the information technology services provider’s stock valued at $55,707,000 after purchasing an additional 361,249 shares during the period. Finally, Leeward Investments LLC MA increased its stake in EPAM Systems by 16.9% in the second quarter. Leeward Investments LLC MA now owns 53,725 shares of the information technology services provider’s stock valued at $9,500,000 after purchasing an additional 7,757 shares in the last quarter. Institutional investors and hedge funds own 91.58% of the company’s stock.

Analyst Ratings Changes

EPAM has been the subject of several research analyst reports. The Goldman Sachs Group decreased their price target on shares of EPAM Systems from $250.00 to $235.00 and set a “buy” rating for the company in a report on Thursday. Needham & Company LLC decreased their target price on EPAM Systems from $215.00 to $175.00 and set a “buy” rating for the company in a research note on Friday. TD Cowen reaffirmed a “buy” rating on shares of EPAM Systems in a research report on Friday, January 9th. Truist Financial initiated coverage on EPAM Systems in a report on Tuesday, January 6th. They set a “hold” rating and a $220.00 price objective on the stock. Finally, Zacks Research cut EPAM Systems from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 28th. Eleven equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $213.00.

Key EPAM Systems News

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

• Positive Sentiment: Q4 results beat expectations — Non‑GAAP EPS $3.26 vs. street $3.16 and revenue $1.408B, +12.8% YoY, reflecting continued demand for digital and AI services. This confirms the company’s growth momentum. EPAM Reports Results for Fourth Quarter and Full Year 2025
• Positive Sentiment: Raised FY and Q1 EPS ranges — Management set FY‑2026 non‑GAAP EPS at $12.60–12.90 (above consensus) and Q1 EPS at $2.70–2.78 (above consensus), signalling confidence in full‑year profitability even as near‑term cadence looks conservative. EPAM Q4 release / guidance PDF
• Neutral Sentiment: AI demand underpinning growth — Multiple outlets note AI‑driven projects across financial services, healthcare and technology helped revenue growth; this is constructive for medium‑term demand but doesn’t guarantee smoother quarter‑to‑quarter revenue delivery. EPAM Systems Q4 Earnings and Revenues Surpass Estimates
• Negative Sentiment: Market reaction: outlook perceived as cautious — Despite beats and raised FY EPS range, investors interpreted the quarterly cadence/guidance as cautious or “in line,” prompting a sharp sell‑off. Headlines cite disappointment with the tone and forward commentary. EPAM shares tumble as cautious quarterly outlook disappoints
• Negative Sentiment: Stock slid to 52‑week low on the reaction — Several articles point to the drop to a year‑low and analysts/investors selling into the print despite healthy fundamentals; this increases short‑term downside risk until sentiment stabilizes. EPAM Systems Stock Sinks To 52-Week Low

Insider Activity at EPAM Systems

In related news, SVP Boris Shnayder sold 5,000 shares of the firm’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $207.00, for a total value of $1,035,000.00. Following the completion of the transaction, the senior vice president directly owned 15,645 shares of the company’s stock, valued at approximately $3,238,515. This trade represents a 24.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 4.30% of the company’s stock.

EPAM Systems Trading Down 17.2%

EPAM Systems stock opened at $138.90 on Friday. The company has a market cap of $7.67 billion, a price-to-earnings ratio of 21.21, a P/E/G ratio of 2.01 and a beta of 1.72. The firm has a 50-day moving average of $201.68 and a 200-day moving average of $178.70. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.02 and a quick ratio of 3.02. EPAM Systems, Inc. has a one year low of $128.78 and a one year high of $241.04.

EPAM Systems (NYSE:EPAM) last released its earnings results on Thursday, February 19th. The information technology services provider reported $3.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.16 by $0.10. EPAM Systems had a return on equity of 13.16% and a net margin of 7.01%.The business had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.39 billion. During the same quarter in the prior year, the company posted $2.84 earnings per share. EPAM Systems’s revenue was up 12.8% on a year-over-year basis. EPAM Systems has set its FY 2026 guidance at 12.600-12.900 EPS and its Q1 2026 guidance at 2.700-2.780 EPS. On average, equities analysts expect that EPAM Systems, Inc. will post 8.9 earnings per share for the current fiscal year.

EPAM Systems 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.