Were Analysts Bullish EPAM Systems Inc (NYSE:EPAM) This Week?

August 31, 2017 - By Nellie Frank

 Were Analysts Bullish EPAM Systems Inc (NYSE:EPAM) This Week?
Investors sentiment increased to 0.88 in 2016 Q4. Its up 0.09, from 0.79 in 2016Q3. It increased, as 33 investors sold EPAM Systems Inc shares while 66 reduced holdings. 29 funds opened positions while 58 raised stakes. 45.48 million shares or 4.71% less from 47.73 million shares in 2016Q3 were reported.
Stone Run Cap Limited Liability Corporation holds 1.61% or 38,500 shares. Gsa Capital Prns Limited Liability Partnership invested in 0.17% or 44,383 shares. Herndon Capital Mgmt Ltd Liability reported 0% of its portfolio in EPAM Systems Inc (NYSE:EPAM). Baillie Gifford, a United Kingdom-based fund reported 84,900 shares. Loomis Sayles & L P accumulated 0.02% or 146,109 shares. Us Bancshares De reported 202 shares or 0% of all its holdings. Advisors Asset Mgmt Inc holds 0.01% of its portfolio in EPAM Systems Inc (NYSE:EPAM) for 7,239 shares. Huntington Savings Bank holds 0% or 127 shares in its portfolio. Bluecrest Capital Mngmt Ltd stated it has 3,781 shares or 0.01% of all its holdings. Pnc Gru reported 35 shares. Hightower Limited Liability Com accumulated 3,134 shares. Granahan Invest Mgmt Incorporated Ma has 0.29% invested in EPAM Systems Inc (NYSE:EPAM). Profit Management Limited Liability Company invested 1.77% of its portfolio in EPAM Systems Inc (NYSE:EPAM). Henderson Gp Public Limited Com holds 0.24% in EPAM Systems Inc (NYSE:EPAM) or 508,216 shares. Brinker owns 9,249 shares or 0.03% of their US portfolio.

Since March 3, 2017, it had 0 buys, and 8 selling transactions for $8.50 million activity. Dobkin Arkadiy sold 5,000 shares worth $375,350. $231,808 worth of EPAM Systems Inc (NYSE:EPAM) was sold by Shekhter Elaina. The insider Mosier Ginger sold 26,055 shares worth $2.23M.

EPAM Systems Inc (NYSE:EPAM) Ratings Coverage

Among 13 analysts covering EPAM Systems (NYSE:EPAM), 13 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. EPAM Systems had 27 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Buy” rating by Berenberg given on Friday, April 15. The firm earned “Equal Weight” rating on Tuesday, November 8 by Barclays Capital. The firm has “Buy” rating by Needham given on Tuesday, November 8. The stock has “Outperform” rating by Wedbush on Friday, September 9. As per Friday, August 4, the company rating was maintained by Barclays Capital. The firm has “Buy” rating by Renaissance Capital given on Thursday, November 19. On Friday, February 19 the stock rating was initiated by Cowen & Co with “Outperform”. The firm has “Buy” rating given on Friday, February 17 by Needham. On Friday, May 5 the stock rating was maintained by Cantor Fitzgerald with “Buy”. Monness Crespi maintained EPAM Systems Inc (NYSE:EPAM) on Thursday, March 9 with “Buy” rating. Below is a list of EPAM Systems Inc (NYSE:EPAM) latest ratings and price target changes.

17/08/2017 Broker: Jefferies Rating: Buy New Target: $95.0 Maintain
04/08/2017 Broker: Berenberg Rating: Buy New Target: $95.0000
04/08/2017 Broker: UBS Rating: Buy Old Target: $89.00 New Target: $96.00 Maintain
04/08/2017 Broker: Barclays Capital Rating: Overweight Old Target: $92 New Target: $91 Maintain
28/07/2017 Broker: Cowen & Co Rating: Buy New Target: $95.0000 Maintain
10/05/2017 Broker: Monness Crespi Rating: Buy Old Target: $82.00 New Target: $91.00 Maintain
08/05/2017 Broker: Wedbush Rating: Outperform Old Target: $82.00 New Target: $90.00 Maintain
05/05/2017 Broker: Cantor Fitzgerald Rating: Buy New Target: $78.00 Maintain
07/04/2017 Broker: Credit Suisse Rating: Outperform New Target: $90.00 Initiates Coverage On
09/03/2017 Broker: Monness Crespi Rating: Buy Old Target: $75.00 New Target: $82.00 Maintain

The stock increased 0.87% or $0.69 during the last trading session, reaching $79.58. About shares traded. EPAM Systems Inc (NYSE:EPAM) has risen 15.98% since August 31, 2016 and is uptrending. It has underperformed by 0.72% the S&P500.

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 has market cap of $4.18 billion. 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. It has a 38.45 P/E ratio. The Company’s service offerings include Software Product Development Services, Custom Application Development Services, Application Testing Services, Enterprise Application Platforms, Application Maintenance and Support, and Infrastructure Management Services.

More news for EPAM Systems Inc (NYSE:EPAM) were recently published by: Seekingalpha.com, which released: “EPAM Systems’ (EPAM) CEO Arkadiy Dobkin on Q2 2017 Results – Earnings Call …” on August 03, 2017. Nasdaq.com‘s article titled: “EPAM Hosts Scratch Conference in Budapest to Bring Together IT Educators …” and published on August 23, 2017 is yet another important article.

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