Shnayder Boris, an insider at Epam Systems Inc (EPAM), recently acquired 20,645 shares of the company's stock at a price of $70.52 per share, totaling approximately $1.46 million. Following this transaction, Boris holds the same number of shares in the firm.
This move underscores a level of confidence in the company's future, given that insiders typically possess insights into their organization’s operational health. However, while insider buying can be viewed positively, it is essential for investors to consider such transactions within a broader context. Personal or regulatory factors may influence these decisions, making it crucial not to rely solely on individual insider activities when assessing investment opportunities.
Epam Systems, a technology firm based in Newtown, Pennsylvania, specializes in digital engineering, cloud, and AI-enabled transformation services. The company has a market capitalization of $11.7 billion and a trailing P/E ratio of 31.47, with an EPS of 6.55. It is set to announce its next earnings report on May 6, 2026, with an estimated EPS of $2.82 and revenue of $1.4 billion.
Insider transactions are reported to the SEC, providing transparency into how company executives view their stock. Investors may benefit from examining patterns of activity across multiple insiders and time periods rather than focusing on isolated transactions alone.