As Epam Sys INC (EPAM) Shares Rose, Russia Partners Management LLC Decreased Its Stake by $89.75 Million

April 17, 2018 - By Elizabeth Jones

EPAM Systems, Inc. (NYSE:EPAM) Corporate LogoBig Money Sentiment decreased to 1.33 in Q4 2017. It has change of 0.14, from 2017Q3’s 1.47. The ratio dived due to EPAM positioning: 14 sold and 73 reduced. 43 funds amassed holdings and 73 increased holdings. Investors holded 44.11 million in 2017Q3 but now own 45.48 million shares or 3.09% more. Amalgamated National Bank invested in 0.02% or 6,779 shs. Oak Ridge Invs Limited Liability Company holds 2.5% in EPAM Systems, Inc. (NYSE:EPAM) or 487,413 shs. Chicago Equity Limited has 0.03% invested in EPAM Systems, Inc. (NYSE:EPAM) for 9,100 shs. Mackenzie Corp owns 15,600 shs. Victory Cap Management Inc has 22,624 shs. Geode Capital Lc holds 0.01% or 407,598 shs. Schwab Charles Invest holds 345,997 shs or 0.03% of its capital. Stratos Wealth Partners Limited has invested 0% of its capital in EPAM Systems, Inc. (NYSE:EPAM). Cwm Ltd Limited Liability Company has invested 0% of its capital in EPAM Systems, Inc. (NYSE:EPAM). Campbell Newman Asset Inc stated it has 0.09% of its capital in EPAM Systems, Inc. (NYSE:EPAM). 10,394 were reported by Bnp Paribas Arbitrage Sa. Atlantic Tru Ltd has invested 0.1% in EPAM Systems, Inc. (NYSE:EPAM). Summit Creek Advsr Limited has 153,146 shs. Morgan Stanley stated it has 5.52 million shs. Anchor Cap Advsr Limited Liability Corp accumulated 0.73% or 192,923 shs.

EPAM registered $1.65 million net activity with 0 insider buys and 2 sales since October 23, 2017. Mayoras Richard Michael sold $286,800 worth of EPAM Systems, Inc. (NYSE:EPAM) or 2,500 shs on Thursday, February 22.

Russia Partners Management Llc decreased its stake by 97.17% in Epam Sys Inc (EPAM), according to 2017Q4 Securities and Exchange form. The company’s stock popped up 4.34% while Russia Partners Management Llc sold 838,823 shares. At the end of 2017Q4, the 24,436 shares of the technology company held by the institutional investor were priced at $2.63 million, down from 863,259 at the end of the previous reported quarter. Russia Partners Management Llc has risen its stake in and also increased its holding in by shares in the quarter, for a total of shares.

Analysts await EPAM Systems, Inc. (NYSE:EPAM) to report earnings on May, 3. They expect $0.72 earnings per share, up 41.18 % or $0.21 from last year’s $0.51 per share. EPAM’s profit will be $38.19 million for 40.44 P/E if the $0.72 EPS becomes a reality. After $0.83 actual earnings per share reported by EPAM Systems, Inc. for the previous quarter, Wall Street now forecasts -13.25 % negative EPS growth.

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

In total 12 analysts cover Epam Systems Inc (NYSE:EPAM). “Buy” rating has 10, “Sell” are 0, while 2 are “Hold”. 83% are bullish. 19 are the (NYSE:EPAM)’s analyst reports since October 29, 2017 according to StockzIntelligence Inc. On Thursday, November 2 the firm has “Buy” rating given by Stifel Nicolaus. The stock rating was downgraded by Credit Suisse to “Hold” on Tuesday, February 20. The company rating was maintained by KeyBanc Capital Markets on Tuesday, January 9. On Friday, November 3 Needham maintained the shares of EPAM in report with “Buy” rating. In Friday, November 3 report Citigroup maintained it with “Buy” rating and $110 target. On Tuesday, February 20 the stock has “Overweight” rating by KeyBanc Capital Markets. On Friday, March 16 the firm has “Buy” rating by Needham given. On Tuesday, February 20 the firm has “Buy” rating given by Stifel Nicolaus. In Monday, November 6 report Bank of America maintained it with “Buy” rating and $110 target. On Wednesday, November 29 the firm has “Neutral” rating by UBS given.

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

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