Over the past year, many EPAM Systems, Inc. (NYSE:EPAM) insiders sold a significant stake in the company which may have piqued investors' interest. When evaluating insider transactions, knowing whether insiders are buying versus if they selling is usually more beneficial, as the latter can be open to many interpretations. However, when multiple insiders sell stock over a specific duration, shareholders should take notice as that could possibly be a red flag.
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we would consider it foolish to ignore insider transactions altogether.
See our latest analysis for EPAM Systems
EPAM Systems Insider Transactions Over The Last Year
In the last twelve months, the biggest single sale by an insider was when the Lead Independent Non-Employee Director, Ronald Vargo, sold US$519k worth of shares at a price of US$611 per share. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. The good news is that this large sale was at well above current price of US$331. So it may not shed much light on insider confidence at current levels.
In the last year EPAM Systems insiders didn't buy any company stock. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!
NYSE:EPAM Insider Trading Volume October 24th 2022
I will like EPAM Systems better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.
Insiders At EPAM Systems Have Sold Stock Recently
The last three months saw significant insider selling at EPAM Systems. Specifically, VP, Corporate Controller & Chief Accounting Officer Gary Abrahams ditched US$252k worth of shares in that time, and we didn't record any purchases whatsoever. This may suggest that some insiders think that the shares are not cheap.
Insider Ownership
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. EPAM Systems insiders own 3.0% of the company, currently worth about US$579m based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.
So What Does This Data Suggest About EPAM Systems Insiders?
An insider sold EPAM Systems shares recently, but they didn't buy any. And even if we look at the last year, we didn't see any purchases. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing EPAM Systems. You'd be interested to know, that we found 3 warning signs for EPAM Systems and we suggest you have a look.
But note: EPAM Systems may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
在過去的一年裏，許多人EPAM系統公司(紐約證券交易所股票代碼：EPAM)內部人士出售了該公司的大量股份，這可能激起了投資者的興趣。在評估內幕交易時，瞭解內部人士是在買入還是在賣出通常更有利，因為後者可能會有多種解讀。然而，當多名內部人士在特定期限內出售股票時，股東應該注意，因為這可能是一個危險信號。
雖然我們永遠不會建議投資者應該完全根據公司董事的所作所為做出決定，但我們認為完全忽視內幕交易是愚蠢的。
查看我們對EPAM系統的最新分析
EPAM系統公司去年的內幕交易
在過去的12個月裏，內部人士最大的單筆出售是董事的首席非僱員羅納德·瓦爾戈以每股611美元的價格出售了價值51.9萬美元的股票。雖然內幕出售是負面的，但對我們來説，如果股票以更低的價格出售，負面影響就更大。好消息是，這筆大筆交易的價格遠遠高於目前331美元的價格。因此，在目前的水平上，這可能不會讓人對內部人士的信心有太多瞭解。
去年，EPAM系統公司內部人士沒有購買任何公司股票。下面的圖表顯示了過去一年的內幕交易(按公司和個人)。通過點擊下面的圖表，你可以看到每一筆內幕交易的準確細節！
紐約證券交易所：EPAM內幕交易量2022年10月24日
如果我看到一些大的內部收購，我會更喜歡EPAM系統公司。在我們等待的時候，看看這個免費最近有大量內幕收購的成長型公司名單。
EPAM系統公司的內部人士最近拋售了股票
在過去的三個月裏，EPAM系統公司出現了大量的內幕銷售。具體地説，副總裁、公司財務總監兼首席會計官加里·亞伯拉罕斯在那段時間拋售了價值25.2萬美元的股票，我們沒有記錄任何買入。這可能表明，一些內部人士認為這些股票並不便宜。
內部人持股
看看一家公司的內部人持股總數，可以幫助你瞭解他們是否與普通股股東很好地結合在一起。通常，內部人持股越高，內部人就越有可能受到激勵，建立長期的公司。EPAM系統內部人士擁有該公司3.0%的股份，根據最近的股價計算，目前價值約為5.79億美元。我喜歡看到這種程度的內部人持股，因為它增加了管理層考慮股東最佳利益的機會。
那麼，這些數據對EPAM系統內部人士有什麼啟示呢？
一位內部人士最近拋售了EPAM系統公司的股票，但他們沒有買入任何股票。即使我們看看去年，我們也沒有看到任何購買。該公司號稱擁有很高的內部人持股比例，但考慮到股票出售的歷史，我們有點猶豫。除了瞭解正在進行的內幕交易外，識別EPAM系統面臨的風險也是有益的。你會有興趣知道的，我們發現EPAM系統的3個警告標誌我們建議你去看看。
但請注意：EPAM系統公司可能不是最好的股票。所以讓我們來看看這個免費高淨資產收益率和低負債的有趣公司名單。
就本文而言，內部人是指向相關監管機構報告其交易的個人。我們目前負責公開市場交易和私人處置，但不包括衍生品交易。
對這篇文章有什麼反饋嗎？擔心內容嗎？ 保持聯繫直接與我們聯繫。或者，也可以給編輯組發電子郵件，地址是implywallst.com。
本文由Simply Wall St.撰寫，具有概括性。我們僅使用不偏不倚的方法提供基於歷史數據和分析師預測的評論，我們的文章並不打算作為財務建議。它不構成買賣任何股票的建議，也沒有考慮你的目標或你的財務狀況。我們的目標是為您帶來由基本面數據驅動的長期重點分析。請注意，我們的分析可能不會將最新的對價格敏感的公司公告或定性材料考慮在內。Simply Wall St.對上述任何一隻股票都沒有持倉。
