EPAM Systems Inc’s filing revealed that its Chief Financial Officer Peterson Jason D. unloaded Company’s shares for reported $0.28 million on Jan 27 ’25. In the deal valued at $257.00 per share,1,078 shares were sold. As a result of this transaction, Peterson Jason D. now holds 23,382 shares worth roughly $4.92 million.
Then, Dvorkin Viktar sold 6,758 shares, generating $1,733,641 in total proceeds. Upon selling the shares at $256.53, the SVP/Head of Global Delivery now owns 13,000 shares.
Before that, Peterson Jason D. sold 464 shares. EPAM Systems Inc shares valued at $119,248 were divested by the Chief Financial Officer at a price of $257.00 per share. As a result of the transaction, Peterson Jason D. now holds 24,372 shares, worth roughly $5.13 million.
Barclays upgraded its EPAM Systems Inc [EPAM] rating to an Overweight from a an Equal weight in a research note published on December 17, 2024; the price target was increased to $290 from $250. A number of analysts have revised their coverage, including Goldman’s analysts, who increased its forecast for the stock in early December from “a Neutral” to “a Buy”. Scotiabank also remained covering EPAM and has increased its forecast on November 11, 2024 with a “Sector outperform” recommendation from previously “Sector perform” rating. Itau BBA revised its rating on November 08, 2024. It rated EPAM as “an Outperform” which previously was an “a Market perform”.
Price Performance Review of EPAM
On Tuesday, EPAM Systems Inc [NYSE:EPAM] saw its stock jump 1.50% to $210.50. Over the last five days, the stock has lost -19.32%. EPAM Systems Inc shares have fallen nearly -9.97% since the year began. Nevertheless, the stocks have fallen -30.88% over the past one year. While a 52-week high of $317.50 was reached on 02/18/25, a 52-week low of $169.43 was recorded on 02/25/25. SMA at 50 days reached $242.83, while 200 days put it at $212.03.
Levels Of Support And Resistance For EPAM Stock
The 24-hour chart illustrates a support level at 206.72, which if violated will result in even more drops to 202.93. On the upside, there is a resistance level at 213.91. A further resistance level may holdings at 217.31. The Relative Strength Index (RSI) on the 14-day chart is 27.08, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -39.34, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.36%. Stochastics %K at 2.64% indicates the stock is a buying.
The most recent change occurred on August 22, 2024 when Deutsche Bank began covering the stock and recommended ‘”a Hold”‘ rating along with a $204 price target.
