EPAM Systems Inc (EPAM): Arkadiy’s Stock is on Sale


Dobkin Arkadiy, Chief Executive Officer, President and Chairman at EPAM Systems Inc (NYSE:EPAM) disclosed today the disposal of 30,000 shares of common stock at a weighted average price of $45.8873 on October 27, 2014. This is Mr. Arkadiy’s seventh sale this year, the largest so far, and now directly owns 2,549,746 shares and an additional 513,400 indirectly.

Anthony J. Conte, a large shareholder at EPAM Systems Inc (NYSE:EPAM) has also been trading the stock this year. Mr. Conte sold a total of 36,000 shares through thirteen separate transactions, at prices ranging from $35.00 to $43.62, and now owns a total of 4,000 shares.

Alan Fournier’s Pennant Capital Management is the largest shareholding institution (amongst those we track) at EPAM Systems Inc (NYSE:EPAM) with 2,242,119 shares, valued at an estimate $98 million, after reporting no changes during the second filling period of 2014.

EPAM Systems Inc (NYSE:EPAM) is a global information technology (IT) services provider focused on software product development services, software engineering and vertically-oriented custom development solutions.

Disclosure: The author, Jodor Jalit, holds no position in any stocks or funds mentioned.

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