Stock News

D-E Shaw & Company Has Trimmed Position in Epam Sys (EPAM) by $300,242 as Valuation Rose; As Intel (INTC) Market Valuation Rose, Shareholder Harvey Partners Has Trimmed Its Holding

EPAM Systems, Inc. (NYSE:EPAM) Logo

Jeffrey Moskowitz decreased its stake in Intel Corp (INTC) by 34.69% based on its latest 2017Q4 regulatory filing with the SEC. Harvey Partners Llc sold 42,500 shares as the company’s stock rose 9.61% while stock markets declined. The hedge fund run by Jeffrey Moskowitz held 80,000 shares of the semiconductors company at the end of 2017Q4, valued at $3.69M, down from 122,500 at the end of the previous reported quarter. Harvey Partners Llc who had been investing in Intel Corp for a number of months, seems to be less bullish one the $255.22B market cap company. The stock increased 0.24% or $0.1285 during the last trading session, reaching $54.7685. About 11.13M shares traded. Intel Corporation (NASDAQ:INTC) has risen 44.65% since May 17, 2017 and is uptrending. It has outperformed by 33.10% the S&P500.

David Shaw decreased its stake in Epam Sys Inc (EPAM) by 35.22% based on its latest 2017Q4 regulatory filing with the SEC. D-E Shaw & Company Inc sold 2,806 shares as the company’s stock rose 4.34% while stock markets declined. The hedge fund run by David Shaw held 5,161 shares of the technology company at the end of 2017Q4, valued at $554,000, down from 7,967 at the end of the previous reported quarter. D-E Shaw & Company Inc who had been investing in Epam Sys Inc for a number of months, seems to be less bullish one the $6.69 billion market cap company. The stock increased 1.40% or $1.73 during the last trading session, reaching $125.27. About 148,361 shares traded. EPAM Systems, Inc. (NYSE:EPAM) has risen 53.58% since May 17, 2017 and is uptrending. It has outperformed by 42.03% the S&P500.

More notable recent Intel Corporation (NASDAQ:INTC) news were published by: Investorplace.com which released: “Cisco Systems, Inc. Stock Is On Sale — Go Long Now” on May 17, 2018, also Seekingalpha.com with their article: “Intel: The Epyc Struggle Continues” published on May 01, 2018, Nasdaq.com published: “Crypto Will Have Little Lasting Effect on Nvidia Corporation” on May 15, 2018. More interesting news about Intel Corporation (NASDAQ:INTC) were released by: Seekingalpha.com and their article: “Intel’s Dividend Strength Remains On Display” published on May 13, 2018 as well as Bizjournals.com‘s news article titled: “Intel beats its first quarter earnings, raises full-year guidance” with publication date: April 26, 2018.

Analysts await Intel Corporation (NASDAQ:INTC) to report earnings on July, 26. They expect $0.86 earnings per share, up 19.44% or $0.14 from last year’s $0.72 per share. INTC’s profit will be $4.01 billion for 15.92 P/E if the $0.86 EPS becomes a reality. After $0.87 actual earnings per share reported by Intel Corporation for the previous quarter, Wall Street now forecasts -1.15% negative EPS growth.

Among 55 analysts covering Intel Corporation (NASDAQ:INTC), 36 have Buy rating, 3 Sell and 16 Hold. Therefore 65% are positive. Intel Corporation had 262 analyst reports since August 7, 2015 according to SRatingsIntel. Needham maintained the stock with “Buy” rating in Friday, October 27 report. Mizuho maintained it with “Buy” rating and $47.0 target in Tuesday, December 26 report. Jefferies maintained Intel Corporation (NASDAQ:INTC) on Thursday, July 21 with “Buy” rating. Raymond James maintained Intel Corporation (NASDAQ:INTC) on Friday, June 16 with “Underperform” rating. The company was maintained on Tuesday, October 3 by Jefferies. The stock of Intel Corporation (NASDAQ:INTC) has “Neutral” rating given on Monday, October 26 by Tigress Financial. The company was maintained on Monday, January 18 by RBC Capital Markets. Citigroup maintained Intel Corporation (NASDAQ:INTC) rating on Tuesday, January 30. Citigroup has “Buy” rating and $58 target. Hilliard Lyons initiated the stock with “Buy” rating in Wednesday, July 12 report. As per Friday, April 27, the company rating was maintained by Susquehanna.

Since January 22, 2018, it had 0 buys, and 21 selling transactions for $11.14 million activity. Another trade for 25,000 shares valued at $1.33 million was made by YOFFIE DAVID B on Tuesday, May 8. On Monday, January 22 Shenoy Navin sold $98,336 worth of Intel Corporation (NASDAQ:INTC) or 2,155 shares. 686 shares valued at $31,943 were sold by McBride Kevin Thomas on Wednesday, February 21. Shares for $1.89M were sold by BRYANT ANDY D on Tuesday, May 8. RENDUCHINTALA VENKATA S M sold $66,959 worth of Intel Corporation (NASDAQ:INTC) on Wednesday, February 7. HUNDT REED E sold 20,000 shares worth $1.07 million.

Investors sentiment decreased to 1.02 in 2017 Q4. Its down 0.01, from 1.03 in 2017Q3. It is negative, as 60 investors sold INTC shares while 703 reduced holdings. 177 funds opened positions while 601 raised stakes. 3.06 billion shares or 0.43% more from 3.05 billion shares in 2017Q3 were reported. Pring Turner Grp Inc stated it has 67,729 shares or 3.37% of all its holdings. Waddell And Reed Fincl stated it has 3.77 million shares. Citigroup owns 0.15% invested in Intel Corporation (NASDAQ:INTC) for 4.17M shares. Segment Wealth Limited Liability Corp invested in 6,222 shares or 0.07% of the stock. South Africa-based Old Mutual Customised Solutions (Proprietary) has invested 1.32% in Intel Corporation (NASDAQ:INTC). 55,500 are owned by Waratah Cap Limited. Frontier Inv Management Com owns 605,823 shares. Somerset Gru Ltd Liability Com has 23,710 shares. Moreover, Lafleur Godfrey Lc has 5.3% invested in Intel Corporation (NASDAQ:INTC). Wg Shaheen And Associates Dba Whitney And holds 2.31% or 172,947 shares in its portfolio. Moreover, John G Ullman Associate Inc has 3.06% invested in Intel Corporation (NASDAQ:INTC) for 332,305 shares. New England Private Wealth Advsrs holds 0.12% in Intel Corporation (NASDAQ:INTC) or 8,545 shares. Afam Capital invested in 255,834 shares. Caisse De Depot Et Placement Du Quebec invested in 0.21% or 1.97 million shares. Acadian Asset Limited Liability Company holds 0.03% or 167,564 shares.

D-E Shaw & Company Inc, which manages about $81.36B and $72.62B US Long portfolio, upped its stake in Nrg Energy Inc (NYSE:NRG) by 589,491 shares to 611,828 shares, valued at $17.43 million in 2017Q4, according to the filing. It also increased its holding in Devon Energy Corp New (NYSE:DVN) by 1.93 million shares in the quarter, for a total of 2.00M shares, and has risen its stake in Verisign Inc (NASDAQ:VRSN).

Analysts await EPAM Systems, Inc. (NYSE:EPAM) to report earnings on August, 2. They expect $0.79 EPS, up 23.44% or $0.15 from last year’s $0.64 per share. EPAM’s profit will be $42.19M for 39.64 P/E if the $0.79 EPS becomes a reality. After $0.82 actual EPS reported by EPAM Systems, Inc. for the previous quarter, Wall Street now forecasts -3.66% negative EPS growth.

Among 20 analysts covering EPAM Systems (NYSE:EPAM), 18 have Buy rating, 0 Sell and 2 Hold. Therefore 90% are positive. EPAM Systems had 52 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was maintained by Citigroup with “Buy” on Friday, May 27. As per Friday, February 16, the company rating was maintained by Stifel Nicolaus. The firm has “Overweight” rating given on Tuesday, February 20 by KeyBanc Capital Markets. The firm earned “Hold” rating on Monday, March 7 by Monness Crespi & Hardt. The stock of EPAM Systems, Inc. (NYSE:EPAM) earned “Buy” rating by Needham on Friday, February 16. The rating was initiated by Berenberg on Friday, April 15 with “Buy”. Needham maintained the shares of EPAM in report on Tuesday, November 8 with “Buy” rating. Bank of America maintained the shares of EPAM in report on Monday, November 6 with “Buy” rating. As per Thursday, October 20, the company rating was upgraded by Monness Crespi & Hardt. KeyBanc Capital Markets maintained the stock with “Buy” rating in Tuesday, January 9 report.

Since February 22, 2018, it had 0 insider buys, and 2 insider sales for $691,722 activity. Another trade for 3,120 shares valued at $404,922 was sold by Peterson Jason D..

Investors sentiment decreased to 1.33 in Q4 2017. Its down 0.14, from 1.47 in 2017Q3. It dived, as 14 investors sold EPAM shares while 73 reduced holdings. 43 funds opened positions while 73 raised stakes. 45.48 million shares or 3.09% more from 44.11 million shares in 2017Q3 were reported. Brown Advisory holds 0% or 2,630 shares in its portfolio. Ubs Asset Mngmt Americas owns 29,939 shares. Profit Invest Lc, a Maryland-based fund reported 31,820 shares. California State Teachers Retirement System holds 0.02% of its portfolio in EPAM Systems, Inc. (NYSE:EPAM) for 78,553 shares. Cwm Ltd Com invested in 0% or 13 shares. Martin Currie Limited stated it has 3.08% of its portfolio in EPAM Systems, Inc. (NYSE:EPAM). 19,648 are owned by Arrowstreet Lp. Columbia Prtnrs L L C Mngmt invested in 5,647 shares. Axa has invested 0% in EPAM Systems, Inc. (NYSE:EPAM). Next Century Growth Invsts Lc reported 56,998 shares. Prudential Fincl stated it has 0.01% in EPAM Systems, Inc. (NYSE:EPAM). Stone Ridge Asset Mgmt Limited Company reported 11,651 shares. Strs Ohio reported 20,000 shares. Mckinley Cap Management Lc Delaware holds 0.16% of its portfolio in EPAM Systems, Inc. (NYSE:EPAM) for 28,898 shares. Cubist Systematic Strategies Ltd Liability Corporation holds 0.01% or 2,295 shares.

More news for EPAM Systems, Inc. (NYSE:EPAM) were recently published by: Seekingalpha.com, which released: “EPAM Systems 2018 Q1 – Results – Earnings Call Slides” on May 09, 2018. Globenewswire.com‘s article titled: “EPAM Reports Results for First Quarter 2018” and published on May 09, 2018 is yet another important article.

EPAM Systems, Inc. (NYSE:EPAM) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *