Epam Systems, Inc. (EPAM) Files Form 4 Insider Selling : Anthony J Conte Sells 5,000 Shares

Epam Systems, Inc. (EPAM): Anthony J Conte , Senior Vice President and CFO of Epam Systems, Inc. sold 5,000 shares on May 12, 2016. The Insider selling transaction was reported by the company on May 16, 2016 to the Securities and Exchange Commission. The shares were sold at $71.20 per share for a total value of $355,981.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 5, 2016, Balazs Fejes (SVP/Co-Head of Global Business) sold 10,000 shares at $75.00 per share price.On Mar 16, 2016, Richard Michael Mayoras (director) sold 1,410 shares at $70.56 per share price.Also, On Nov 3, 2015, Anthony J Conte (Senior Vice President and CFO) sold 2,500 shares at $77.95 per share price.On Sep 21, 2015, Ginger Mosier (SVP, General Counsel, Corp Sec) sold 10,000 shares at $75.00 per share price.

EPAM Systems Inc: On Friday, May 13, 2016 heightened volatility was witnessed in EPAM Systems Inc which led to swings in the share price. The shares opened for trading at $71.19 and hit $73.15 on the upside , eventually ending the session at $71.52, with a gain of 0.69% or 0.49 points. The heightened volatility saw the trading volume jump to 5,39,079 shares. The 52-week high of the share price is $84.41 and the company has a market cap of $3,624 M . The 52-week low of the share price is at $54.88.

EPAM Systems Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.EPAM Systems Inc is Initiated by Berenberg to Buy. The Rating was issued on Apr 15, 2016.EPAM Systems Inc is Initiated by Cantor Fitzgerald to Buy. The Rating was issued on Apr 13, 2016.

EPAM Systems Inc. (EPAM) is a provider of software engineering solutions and information technology (IT) services. The Company’s service offerings include Software Product Development Services Custom Application Development Services Application Testing Services Enterprise Application Platforms Application Maintenance and Support and Infrastructure Management Services. EPAM provides Software Product Development Services to independent software vendors (ISVs) and technology companies. The Company offers Custom Application Development Services to businesses with application development needs. EPAM offers Application Testing Services for technology platforms and industries. The Company’s Enterprise Application Platforms develops technology and business application platforms and components. EPAM offers Application Maintenance and Support services through a team of IT professionals. The Company’s Infrastructure Management Services covers the lifecycle of infrastructure management.

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