Insider Selling in EPAM Systems (EPAM) Shares Continues

Thursday, November 09, 2017 10:15 PM ET

Insider Selling in EPAM Systems (EPAM) Shares Continues

A SEC filing today revealed a notable insider sale of EPAM Systems shares as — Arkadiy Dobkin, Director and Officer — disposed of 11,107 shares in the company having a market value of approximately $1,112,372. 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 disposition of 358,554 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 369,661 shares and have averaged 123,220 shares per transaction over this time period.

Insider buy/sell trading at EPAM Systems is higher than the 156 peer company average over the last 90-day period. The IT Services & Consulting peer group saw 259 buy/sell trades during this period for an average of 1.7 transactions per company. The number of shares per buy/sell trade for EPAM Systems insiders was also higher. Within the peer group there were 1,801,089 shares purchased and 16,818,845 shares sold with company insiders selling 57,984 shares on average.

The data sourced in creating and writing in this story eliminates 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.

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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