Epam Systems, Inc. (EPAM) Files Form 4 Insider Selling : Balazs Fejes Sells 10,000 Shares

Epam Systems, Inc. (EPAM): Balazs Fejes , SVP/Co-Head of Global Business of Epam Systems, Inc. sold 10,000 shares on May 25, 2016. The Insider selling transaction was reported by the company on May 27, 2016 to the Securities and Exchange Commission. The shares were sold at $75.00 per share for a total value of $750,000.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 27, 2016, Balazs Fejes (SVP/Co-Head of Global Business) sold 10,000 shares at $75.00 per share price.On May 16, 2016, Anthony J Conte (Senior Vice President and CFO) sold 5,000 shares at $71.20 per share price.Also, On Mar 16, 2016, Richard Michael Mayoras (director) sold 1,410 shares at $70.56 per share price.On Sep 21, 2015, Ginger Mosier (SVP, General Counsel, Corp Sec) sold 10,000 shares at $75.00 per share price.

Shares of EPAM Systems Inc (EPAM) ended Wednesday, May 25, 2016 session in red amid volatile trading. The shares closed down -0.07 points or -0.09% at $74.62 with 3,08,846 shares getting traded. Post opening the session at $75, the shares hit an intraday low of $74.32 and an intraday high of $75.43 and the price vacillated in this range throughout the day. The company has a market cap of $3,781 M and the number of outstanding shares has been calculated to be 5,06,68,313 shares. The 52-week high of EPAM Systems Inc is $84.41 and the 52-week low is $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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