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Epam Systems EPAM - News Analyzed: 3,874 - Last Week: 99 - Last Month: 495

⇗ Positive Momentum Builds for EPAM Systems as it Sees Increased Interest from Investors

Positive Momentum Builds for EPAM Systems as it Sees Increased Interest from Investors
EPAM Systems, Inc. (EPAM) has seen significant action from various investors and institutions. American International Group Inc. has offloaded 195 shares, while Quadrature Capital Ltd has bought 3,709 and UniSuper Management Pty Ltd raised its holdings. S&P 500 noted gains and losses with EPAM’s shares, amid demand challenges. Jefferies predicted a positive shift in the IT spending downturn, signaling potential for EPAM’s stock boost. The company saw its stock soar by 28%, indicating a less pessimistic view from investors than expected. EPAM’s acquisition of Odysseus aims to reimagine the Life Sciences Value Chain with Advanced Analytics, AI, and data methods. EPAM is betting big on India, planning significant hires as more clients set up GCCs. Various entities, including Avantax Advisory Services Inc., Bessemer Group Inc., and Vanguard Group Inc., have been acquiring EPAM shares. EPAM has been recognized as a ‘Best Place to Work’ globally. The company also reported positive Q1 2024 results and updated its full-year outlook. EPAM has been named a leader in three IDC MarketScape reports. Despite these positive developments, EPAM’s stock plunged after lowering its full-year guidance. Several organizations have noted bearish signals with insiders disposing of stocks.

Epam Systems EPAM News Analytics from Tue, 26 Sep 2023 07:00:00 GMT to Sun, 28 Jul 2024 16:39:54 GMT - Rating 5 - Innovation 4 - Information 6 - Rumor 1

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