Insider Selling in EPAM Systems (EPAM) Shares Continues

Wednesday, November 01, 2017 10:15 PM ET

Insider Selling in EPAM Systems (EPAM) Shares Continues

One insider — Arkadiy Dobkin, Director and Officer — today, sold 15,000 shares of EPAM Systems having a market value of approximately $1,362,153, as revealed in a form 4 document filed with the SEC. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the sale of 268,000 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 283,000 shares and have averaged 94,333 shares per transaction over this time period.

Insiders at EPAM Systems have a higher number of buy/sell transactions than the 156-peer company average over the last 90-day period. The IT Services & Consulting peer group saw 254 buy/sell trades during this period for an average of 1.6 transactions per company. The number of shares per buy/sell trade for EPAM Systems insiders was also higher. Within the peer group there were 1,800,751 shares purchased and 15,028,761 shares sold with company insiders disposing of 52,079 shares on average.

To bring into focus significant insider buying and selling activity, all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers has been eliminated in data sourced to create and write this story.

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

For more information, contact UpTick at info@uptickdata.com. Copyright 2017 UpTick Data Technologies. All rights reserved.

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