EPAM Systems (EPAM) is down 10.5% today. Here is some analysis on what might have caused this price movement.

Analysis: The selloff appears tied less to the quarter itself and more to softer forward growth expectations. EPAM delivered solid second-quarter revenue, margin and EPS results, but investors likely focused on the company trimming its full-year revenue growth outlook again and guiding to only modest third-quarter growth. ([s202.q4cdn.com](https://s202.q4cdn.com/436759741/files/doc_financials/2026/q2/EPAM-Q2-2026-Earnings-Release.pdf))

Details:

Sources:

EPAM Systems, SEC, MarketBeat

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$EPAM Insider Trading Activity

$EPAM insiders have traded $EPAM stock on the open market 6 times in the past 6 months. Of those trades, 6 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $EPAM stock by insiders over the last 6 months:

• BALAZS FEJES (CEO, President, Director) purchased 77 shares for an estimated $7,499
• LAWRENCE F SOLOMON (SVP/Chief People Officer) purchased 77 shares for an estimated $7,499
• JASON D. PETERSON (Chief Financial Officer) purchased 77 shares for an estimated $7,499
• GARY C ABRAHAMS (VP, Corporate Controller, PAO) purchased 77 shares for an estimated $7,499
• VIKTAR DVORKIN (Chief Deliv Off, EVP, Americas) purchased 77 shares for an estimated $7,499
• EDWARD ROCKWELL (SVP/Chief Legal Officer) purchased 77 shares for an estimated $7,499

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$EPAM Hedge Fund Activity

We have seen 226 institutional investors add shares of $EPAM stock to their portfolio, and 351 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• CAPITAL WORLD INVESTORS added 3,160,552 shares (+85.9%) to their portfolio in Q1 2026, for an estimated $427,938,740
• BOSTON PARTNERS removed 2,076,668 shares (-98.4%) from their portfolio in Q2 2026, for an estimated $164,783,605
• BAILLIE GIFFORD & CO removed 1,193,056 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $94,668,993
• SENVEST MANAGEMENT, LLC removed 821,432 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $111,221,892
• MASSACHUSETTS FINANCIAL SERVICES CO /MA/ removed 709,192 shares (-47.7%) from their portfolio in Q2 2026, for an estimated $56,274,385
• MORGAN STANLEY added 632,970 shares (+130.3%) to their portfolio in Q1 2026, for an estimated $85,704,138
• MILLENNIUM MANAGEMENT LLC removed 598,608 shares (-96.8%) from their portfolio in Q1 2026, for an estimated $81,051,523

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$EPAM Congressional Stock Trading

Members of Congress have traded $EPAM stock 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $EPAM stock by members of Congress over the last 6 months:

• REPRESENTATIVE GILBERT RAY CISNEROS, JR. has traded it 2 times. They made 1 purchase worth up to $15,000 on 03/13 and 1 sale worth up to $15,000 on 04/14.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$EPAM Analyst Ratings

Wall Street analysts have issued reports on $EPAM in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

• Needham issued a "Buy" rating on 05/07/2026
• Goldman Sachs issued a "Buy" rating on 02/20/2026

To track analyst ratings and price targets for $EPAM, check out Quiver Quantitative's $EPAM forecast page.

$EPAM Price Targets

Multiple analysts have issued price targets for $EPAM recently. We have seen 13 analysts offer price targets for $EPAM in the last 6 months, with a median target of $135.0.

Here are some recent targets:

• Bryan Bergin from TD Cowen set a target price of $131.0 on 07/09/2026
• Steven Wahrhaftig from Wedbush set a target price of $99.0 on 06/15/2026
• Surinder Thind from Jefferies set a target price of $110.0 on 05/29/2026
• Jason Kupferberg from Wells Fargo set a target price of $151.0 on 05/08/2026
• Jonathan Lee from Guggenheim set a target price of $165.0 on 05/08/2026
• James Schneider from Goldman Sachs set a target price of $110.0 on 05/08/2026
• Arvind Ramnani from Truist Securities set a target price of $112.0 on 05/08/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.

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