Today it was reported that the EVP of Epam Systems Inc (NYSE: EPAM), Balazs Fejes, exercised options to sell 15,133 EPAM shares at $4.63 a share, for a total transaction value of $2.14M.
Following Balazs Fejes’ last EPAM Sell transaction on June 05, 2017, the stock climbed by 56.3%. In addition to Balazs Fejes, 4 other EPAM executives reported Sell trades in the last month.
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Based on Epam Systems Inc’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $446 million and quarterly net profit of $50.26 million. In comparison, last year the company earned revenue of $349 million and had a net profit of $37.36 million. EPAM’s market cap is $7.57B and the company has a P/E ratio of 63.23. Currently, Epam Systems Inc has an average volume of 251.9K.
Based on 7 analyst ratings, the analyst consensus is Strong Buy with an average price target of $142.57, reflecting a 0.5% upside.
In the last 30 days, insiders have sold $3.02M worth of EPAM shares and purchased $469.9K worth of EPAM shares. The insider sentiment on Epam Systems Inc has been negative according to 68 insider trades in the past three months. This sentiment is slightly lower than the average sentiment of company insiders in this sector.
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EPAM Systems, Inc. provides software product engineering, technology consulting and digital expertise to clients. It focuses on partnerships with clients in industries such as software and high technology, financial services, media and entertainment, travel and hospitality, retail, energy, life sciences, healthcare, telecommunications and government.
