KD Logo

EPAM stock rated a Sector outperform by Scotiabank

EPAM Systems Inc’s recent filing unveils that its Chief Financial Officer Peterson Jason D. unloaded Company’s shares for reported $0.24 million on Nov 07 ’24. In the deal valued at $237.00 per share,1,000 shares were sold. As a result of this transaction, Peterson Jason D. now holds 24,836 shares worth roughly $6.1 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, Peterson Jason D. bought 1,000 shares, generating $237,000 in total proceeds.

Before that, Dobkin Arkadiy sold 9,300 shares. EPAM Systems Inc shares valued at $2,791,581 were divested by the CEO, President, Chairman at a price of $300.17 per share. As a result of the transaction, Dobkin Arkadiy now holds 1,275,311 shares, worth roughly $313.41 million.

Scotiabank upgraded its EPAM Systems Inc [EPAM] rating to a Sector outperform from a a Sector perform in a research note published on November 11, 2024; the price target was increased to $275 from $245. A number of analysts have revised their coverage, including Itau BBA’s analysts, who increased its forecast for the stock in early November from “a Market perform” to “an Outperform”. Deutsche Bank began covering EPAM with “Hold” recommendation on August 22, 2024. Itau BBA revised its rating on August 09, 2024. It rated EPAM as “a Market perform” which previously was an “an Underperform”.

Price Performance Review of EPAM

On Tuesday, EPAM Systems Inc [NYSE:EPAM] saw its stock jump 1.03% to $245.75. Over the last five days, the stock has gained 27.85%. EPAM Systems Inc shares have fallen nearly -17.35% since the year began. Nevertheless, the stocks have risen 4.41% over the past one year. While a 52-week high of $317.50 was reached on 03/08/24, a 52-week low of $169.43 was recorded on 06/18/24. SMA at 50 days reached $200.81, while 200 days put it at $224.13.

Levels Of Support And Resistance For EPAM Stock

The 24-hour chart illustrates a support level at 243.26, which if violated will result in even more drops to 240.77. On the upside, there is a resistance level at 248.14. A further resistance level may holdings at 250.53. The Relative Strength Index (RSI) on the 14-day chart is 83.92, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 35.51, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 3.79%. Stochastics %K at 92.31% indicates the stock is a selling.

How much short interest is there in EPAM Systems Inc?

A steep rise in short interest was recorded in EPAM Systems Inc stocks on 2024-10-15, dropping by -0.21 million shares to a total of 0.7 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 0.92 million shares. There was a decline of -30.56%, which implies that there is a negative sentiment for the stock.

Most Popular