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Piper Sandler analysts downgrades a Neutral rating for EPAM Systems Inc (EPAM)

In a filing, EPAM Systems Inc revealed its Officer Sergey Yezhkov acquired Company’s shares for reported $3.6 million on Mar 05 ’25. In the deal valued at $200.00 per share,18,000 shares were bought.

Then, Balazs Fejes bought 24,219 shares, generating $5,085,990 in total proceeds.

Before that, Peterson Jason D. sold 1,078 shares. EPAM Systems Inc shares valued at $277,046 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 23,382 shares, worth roughly $4.37 million.

Piper Sandler downgraded its EPAM Systems Inc [EPAM] rating to a Neutral from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Barclays’s analysts, who increased its forecast for the stock in mid December from “an Equal weight” to “an Overweight”. Goldman also remained covering EPAM and has increased its forecast on December 06, 2024 with a “Buy” recommendation from previously “Neutral” rating. Scotiabank revised its rating on November 11, 2024. It rated EPAM as “a Sector outperform” which previously was an “a Sector perform”.

Price Performance Review of EPAM

On Tuesday, EPAM Systems Inc [NYSE:EPAM] saw its stock jump 0.16% to $186.90. Over the last five days, the stock has gained 18.38%. EPAM Systems Inc shares have fallen nearly -20.07% since the year began. Nevertheless, the stocks have risen 2.73% over the past one year. While a 52-week high of $269.00 was reached on 02/18/25, a 52-week low of $138.15 was recorded on 04/07/25. SMA at 50 days reached $168.24, while 200 days put it at $207.43.

Levels Of Support And Resistance For EPAM Stock

The 24-hour chart illustrates a support level at 184.86, which if violated will result in even more drops to 182.83. On the upside, there is a resistance level at 189.28. A further resistance level may holdings at 191.65. The Relative Strength Index (RSI) on the 14-day chart is 69.19, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 17.95, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 7.36%. Stochastics %K at 89.25% indicates the stock is a selling.

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