Epam Sys INC Com (EPAM) Share Value Rose While Oak Ridge Investments LLC Has Cut Its Position by $4.40 Million

October 13, 2018 - By Peter Kolinski

EPAM Systems, Inc. (NYSE:EPAM) LogoInvestors sentiment decreased to 1.23 in Q2 2018. Its down 0.14, from 1.37 in 2018Q1. It fall, as 26 investors sold EPAM shares while 91 reduced holdings. 47 funds opened positions while 97 raised stakes. 45.90 million shares or 0.48% less from 46.12 million shares in 2018Q1 were reported. Ubs Asset Mngmt Americas owns 47,187 shares or 0% of their US portfolio. Clarivest Asset Limited Liability Com has invested 0.06% in EPAM Systems, Inc. (NYSE:EPAM). Ftb holds 0% or 265 shares. Janney Montgomery Scott Ltd Limited Liability Company holds 0.02% or 17,993 shares in its portfolio. Stifel Corp invested 0% in EPAM Systems, Inc. (NYSE:EPAM). Moreover, Jefferies Grp Inc Limited Liability Co has 0.01% invested in EPAM Systems, Inc. (NYSE:EPAM) for 10,362 shares. Moreover, Moneta Grp Incorporated Invest Advsrs Lc has 0% invested in EPAM Systems, Inc. (NYSE:EPAM) for 16 shares. Russia Prtn Mngmt Lc reported 100% of its portfolio in EPAM Systems, Inc. (NYSE:EPAM). Peak6 Investments Limited Partnership has 3,973 shares for 0% of their portfolio. Walleye Trading Llc stated it has 0% of its portfolio in EPAM Systems, Inc. (NYSE:EPAM). Teacher Retirement Of Texas, Texas-based fund reported 10,221 shares. Spectrum Mgmt Group Inc holds 0% or 12 shares in its portfolio. Envestnet Asset holds 0% in EPAM Systems, Inc. (NYSE:EPAM) or 15,114 shares. Bluecrest Mngmt Limited stated it has 0.28% of its portfolio in EPAM Systems, Inc. (NYSE:EPAM). Vanguard Gru has invested 0.02% in EPAM Systems, Inc. (NYSE:EPAM).

Since May 11, 2018, it had 0 insider buys, and 7 sales for $8.45 million activity. Shekhter Elaina sold $830,641 worth of EPAM Systems, Inc. (NYSE:EPAM) on Tuesday, May 22. 11,932 shares were sold by Harman Jason, worth $1.48M on Friday, June 15. $2.86 million worth of EPAM Systems, Inc. (NYSE:EPAM) shares were sold by Dvorkin Viktar. Vargo Ronald P sold $251,140 worth of EPAM Systems, Inc. (NYSE:EPAM) on Thursday, June 14. Shares for $404,922 were sold by Peterson Jason D..

Oak Ridge Investments Llc decreased its stake in Epam Sys Inc Com (EPAM) by 8.87% based on its latest 2018Q2 regulatory filing with the SEC. Oak Ridge Investments Llc sold 35,475 shares as the company’s stock rose 11.12% with the market. The institutional investor held 364,544 shares of the technology company at the end of 2018Q2, valued at $45.32M, down from 400,019 at the end of the previous reported quarter. Oak Ridge Investments Llc who had been investing in Epam Sys Inc Com for a number of months, seems to be less bullish one the $6.44B market cap company. The stock increased 1.48% or $1.75 during the last trading session, reaching $119.75. About 745,043 shares traded or 78.39% up from the average. EPAM Systems, Inc. (NYSE:EPAM) has risen 59.47% since October 13, 2017 and is uptrending. It has outperformed by 43.85% the S&P500.

Analysts await EPAM Systems, Inc. (NYSE:EPAM) to report earnings on November, 1. They expect $0.84 earnings per share, up 6.33 % or $0.05 from last year’s $0.79 per share. EPAM’s profit will be $45.17 million for 35.64 P/E if the $0.84 EPS becomes a reality. After $0.97 actual earnings per share reported by EPAM Systems, Inc. for the previous quarter, Wall Street now forecasts -13.40 % negative EPS growth.

Another recent and important EPAM Systems, Inc. (NYSE:EPAM) news was published by Prnewswire.com which published an article titled: “EPAM Announces Date for Third Quarter 2018 Earnings Release and Conference Call” on October 09, 2018.

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

Among 5 analysts covering EPAM Systems (NYSE:EPAM), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. EPAM Systems had 6 analyst reports since April 19, 2018 according to SRatingsIntel. As per Friday, October 5, the company rating was maintained by Citigroup. Bank of America downgraded EPAM Systems, Inc. (NYSE:EPAM) on Tuesday, September 4 to “Neutral” rating. The stock has “Overweight” rating by KeyBanc Capital Markets on Monday, May 7. The firm earned “Overweight” rating on Monday, July 30 by KeyBanc Capital Markets. The rating was maintained by Cowen & Co with “Buy” on Thursday, May 17.

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

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