Analysts are on the Bearish side about EPAM Systems, Inc. (NYSE:EPAM) this week.

September 8, 2018 - By Margaret Guttierez

EPAM Systems, Inc. (NYSE:EPAM) LogoInvestors sentiment increased to 1.37 in 2018 Q1. Its up 0.04, from 1.33 in 2017Q4. It is positive, as 10 investors sold EPAM Systems, Inc. shares while 88 reduced holdings. 53 funds opened positions while 81 raised stakes. 46.12 million shares or 1.42% more from 45.48 million shares in 2017Q4 were reported.
Brighton Jones Limited Com holds 0.09% of its portfolio in EPAM Systems, Inc. (NYSE:EPAM) for 5,758 shares. 6,660 are owned by Amalgamated Bankshares. Jpmorgan Chase Communications owns 0.08% invested in EPAM Systems, Inc. (NYSE:EPAM) for 3.14 million shares. Victory Management has 0% invested in EPAM Systems, Inc. (NYSE:EPAM) for 6,249 shares. 4.29 million are held by Vanguard Grp. Massachusetts Financial Service Ma reported 1.94 million shares. Capital Impact Advisors Limited Company reported 18,790 shares or 0.88% of all its holdings. Chase Invest Counsel Corp reported 12,190 shares stake. State Board Of Administration Of Florida Retirement accumulated 0.01% or 27,509 shares. Fincl Bank Of America De reported 0.01% of its portfolio in EPAM Systems, Inc. (NYSE:EPAM). Bamco Inc New York accumulated 72,306 shares. Asset Mgmt One Ltd accumulated 0.2% or 762,658 shares. Barclays Public Limited Com invested in 18,207 shares. Acadian Asset Limited Liability Corporation accumulated 7,040 shares. 398,567 were accumulated by Martin Currie.

Since May 11, 2018, it had 0 insider buys, and 6 selling transactions for $5.59 million activity. Peterson Jason D. also sold $404,922 worth of EPAM Systems, Inc. (NYSE:EPAM) on Friday, May 11. 6,700 shares were sold by Shekhter Elaina, worth $830,641 on Tuesday, May 22. Fejes Balazs sold 15,133 shares worth $2.14 million. The insider Vargo Ronald P sold 2,000 shares worth $251,140.

EPAM Systems, Inc. (NYSE:EPAM) Ratings Coverage

Among 6 analysts covering EPAM Systems (NYSE:EPAM), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. EPAM Systems has $149 highest and $130 lowest target. $139.33’s average target is 1.16% above currents $137.73 stock price. EPAM Systems had 7 analyst reports since March 16, 2018 according to SRatingsIntel. The stock of EPAM Systems, Inc. (NYSE:EPAM) has “Buy” rating given on Friday, March 16 by Needham. The stock of EPAM Systems, Inc. (NYSE:EPAM) has “Overweight” rating given on Friday, March 16 by JP Morgan. The stock of EPAM Systems, Inc. (NYSE:EPAM) earned “Neutral” rating by Bank of America on Tuesday, September 4. KeyBanc Capital Markets maintained EPAM Systems, Inc. (NYSE:EPAM) on Monday, May 7 with “Overweight” rating. KeyBanc Capital Markets maintained EPAM Systems, Inc. (NYSE:EPAM) on Monday, July 30 with “Overweight” rating. The stock of EPAM Systems, Inc. (NYSE:EPAM) earned “Buy” rating by Cowen & Co on Thursday, May 17. Below is a list of EPAM Systems, Inc. (NYSE:EPAM) latest ratings and price target changes.

04/09/2018 Broker: Bank of America Old Rating: Buy New Rating: Neutral Old Target: $134 New Target: $147 Downgrade
30/07/2018 Broker: KeyBanc Capital Markets Old Rating: Overweight New Rating: Overweight Old Target: $143 New Target: $149 Maintain
17/05/2018 Broker: Cowen & Co Rating: Buy New Target: $145.0000 Maintain
07/05/2018 Broker: KeyBanc Capital Markets Old Rating: Overweight New Rating: Overweight Old Target: $132 New Target: $136 Maintain
19/04/2018 Broker: SunTrust Rating: Buy New Target: $130 Initiates Coverage On
16/03/2018 Broker: Needham Rating: Buy New Target: $135.0 Maintain
16/03/2018 Broker: JP Morgan Old Rating: Overweight New Rating: Overweight Old Target: $118 New Target: $130 Maintain

The stock increased 1.50% or $2.04 during the last trading session, reaching $137.73. About 371,622 shares traded. EPAM Systems, Inc. (NYSE:EPAM) has risen 44.24% since September 8, 2017 and is uptrending. It has outperformed by 31.67% the S&P500.

EPAM Systems, Inc. provides product development and software engineering solutions worldwide. The company has market cap of $7.41 billion. The firm offers software product development services, including product research, customer experience design and prototyping, program management, component design and integration, lifecycle software testing, product deployment and end-user customization, performance tuning, product support and maintenance, and managed services, as well as porting and cross-platform migration. It has a 61.13 P/E ratio. It also provides custom application development services, such as business and technical requirement analysis, user experience design, solution architecture creation and validation, development, quality assurance and testing, legacy applications re-engineering/refactoring, porting, and cross-platform migration and documentation.

Another recent and important EPAM Systems, Inc. (NYSE:EPAM) news was published by Prnewswire.com which published an article titled: “EPAM Named To 2018 CRN Fast Growth 150 List, Moving Up This Year From #98 To #66” on August 15, 2018.

EPAM Systems, Inc. (NYSE:EPAM) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.