Epam Sys (EPAM) Valuation Rose While Atlantic Trust Group Lifted Stake; Sls Management Lowered Its Position in Pandora Media (P) as Valuation Rose

June 15, 2018 - By Adrian Mccoy

Pandora Media, Inc. (NYSE:P) Logo

Atlantic Trust Group Llc increased its stake in Epam Sys Inc (EPAM) by 1.43% based on its latest 2018Q1 regulatory filing with the SEC. Atlantic Trust Group Llc bought 3,084 shares as the company’s stock rose 5.31% while stock markets declined. The institutional investor held 218,547 shares of the technology company at the end of 2018Q1, valued at $25.03M, up from 215,463 at the end of the previous reported quarter. Atlantic Trust Group Llc who had been investing in Epam Sys Inc for a number of months, seems to be bullish on the $6.70 billion market cap company. The stock decreased 0.19% or $0.24 during the last trading session, reaching $125.49. About 288,391 shares traded. EPAM Systems, Inc. (NYSE:EPAM) has risen 44.24% since June 15, 2017 and is uptrending. It has outperformed by 31.67% the S&P500. Some Historical EPAM News: 21/05/2018 – Hotels.com App Wins 2018 MediaPost Appy Award in Travel & Tourism Category; 09/05/2018 – EPAM SYSTEMS 1Q ADJ EPS 93C, EST. 91C; 15/03/2018 – EPAM SYSTEMS INC – GAAP EPS FOR FULL YEAR TO NOW BE AT LEAST $3.36 AND NON-GAAP DILUTED EPS TO NOW BE AT LEAST $4.07; 23/03/2018 – Epam Systems Closes Below 50-Day Moving Average: Technicals; 09/05/2018 – EPAM SYSTEMS INC EPAM.N FY2018 SHR VIEW $4.10, REV VIEW $1.82 BLN — THOMSON REUTERS l/B/E/S; 09/05/2018 – EPAM Systems 1Q EPS $1.15; 15/03/2018 – EPAM SYSTEMS INC – NOW EXPECTS REVENUE GROWTH FOR FULL YEAR 2018 TO BE AT LEAST 26% REPORTED; 09/05/2018 – EPAM Systems Had Seen FY18 EPS $3.3; 09/05/2018 – EPAM Systems Sees 2Q Adj EPS 98c; 09/05/2018 – EPAM SYSTEMS INC EPAM.N SEES FY 2018 GAAP SHR AT LEAST $3.77

Scott Lawrence Swid decreased its stake in Pandora Media Inc (P) by 50.23% based on its latest 2018Q1 regulatory filing with the SEC. Sls Management Llc sold 678,960 shares as the company’s stock rose 55.78% while stock markets declined. The hedge fund run by Scott Lawrence Swid held 672,674 shares of the consumer services company at the end of 2018Q1, valued at $3.38M, down from 1.35 million at the end of the previous reported quarter. Sls Management Llc who had been investing in Pandora Media Inc for a number of months, seems to be less bullish one the $2.14 billion market cap company. The stock increased 3.74% or $0.29 during the last trading session, reaching $8.05. About 14.25 million shares traded or 58.76% up from the average. Pandora Media, Inc. (NYSE:P) has declined 23.47% since June 15, 2017 and is downtrending. It has underperformed by 36.04% the S&P500. Some Historical P News: 05/04/2018 – Facebook Has Become a `Pandora’s Box’ of Risks for Nordea Funds; 19/04/2018 – Pandora Forms Golden Cross: Technicals; 15/05/2018 – Pandora 1Q Ebitda Margin 32.6% Vs 36.4%; 28/03/2018 – Pandora Rolls Out Personalized Playlists (Video); 15/03/2018 – PANDORA PARTNERS WITH LINKFIRE TO MAKE DISCOVERING MUSIC EASIER; 15/05/2018 – Pandora Expects to Add Around Net 200 Concept Stores During 2018; 15/05/2018 – Pandora Expects FY Impact on Revenue of Around DKK1B From Acquisitions Made During 2017 and 2018; 11/03/2018 – Pandora Media Conference Call Set By Aliya Capital for Mar. 19; 29/03/2018 – China warned the U.S. not to open Pandora’s Box and spark a flurry of protectionist practices across the globe; 24/05/2018 – PANDORA MEDIA INC – EXCHANGE IS BEING UNDERTAKEN TO EXTEND MATURITY OF A PORTION OF 2020 NOTES

Atlantic Trust Group Llc, which manages about $23.01B US Long portfolio, decreased its stake in Bp Plc (NYSE:BP) by 8,313 shares to 68,730 shares, valued at $2.79M in 2018Q1, according to the filing. It also reduced its holding in Ishares Inc (IEMG) by 8,763 shares in the quarter, leaving it with 38,452 shares, and cut its stake in Insperity Inc (NYSE:NSP).

More recent EPAM Systems, Inc. (NYSE:EPAM) news were published by: Globenewswire.com which released: “New Research: Key Drivers of Growth for EPAM, Jernigan Capital, Holly Energy Partners, ICU Medical, San Juan Basin …” on May 22, 2018. Also Nasdaq.com published the news titled: “Hotels.com App Wins 2018 MediaPost Appy Award in Travel & Tourism Category” on May 21, 2018. Globenewswire.com‘s news article titled: “Alexion SmartPanel Developed in Partnership With EPAM Wins Judges’ Prize in the 2018 Bio-IT World Best Practices …” with publication date: May 31, 2018 was also an interesting one.

Among 20 analysts covering EPAM Systems (NYSE:EPAM), 18 have Buy rating, 0 Sell and 2 Hold. Therefore 90% are positive. EPAM Systems had 53 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of EPAM Systems, Inc. (NYSE:EPAM) has “Buy” rating given on Friday, November 3 by UBS. The stock of EPAM Systems, Inc. (NYSE:EPAM) has “Buy” rating given on Tuesday, November 8 by Needham. Cowen & Co initiated the shares of EPAM in report on Friday, February 19 with “Outperform” rating. Jefferies maintained the shares of EPAM in report on Thursday, August 17 with “Buy” rating. The stock of EPAM Systems, Inc. (NYSE:EPAM) earned “Buy” rating by Monness Crespi on Wednesday, May 10. The firm has “Buy” rating given on Thursday, October 20 by Monness Crespi & Hardt. The firm has “Buy” rating given on Thursday, November 19 by Needham. The stock has “Buy” rating by Stifel Nicolaus on Tuesday, February 20. Susquehanna maintained the stock with “Buy” rating in Friday, February 16 report. Wedbush initiated EPAM Systems, Inc. (NYSE:EPAM) rating on Friday, September 9. Wedbush has “Outperform” rating and $82 target.

Investors sentiment increased to 1.37 in 2018 Q1. Its up 0.04, from 1.33 in 2017Q4. It improved, as 10 investors sold EPAM shares while 88 reduced holdings. 53 funds opened positions while 81 raised stakes. 46.12 million shares or 1.42% more from 45.48 million shares in 2017Q4 were reported. Moreover, Gam Ag has 0.24% invested in EPAM Systems, Inc. (NYSE:EPAM) for 58,900 shares. Grandeur Peak Global Advsr Llc stated it has 376,575 shares or 4.87% of all its holdings. Keybank Natl Association Oh reported 5,030 shares. Profund Advsrs Ltd Limited Liability Company holds 0.01% in EPAM Systems, Inc. (NYSE:EPAM) or 2,552 shares. Amalgamated Bank & Trust owns 6,660 shares for 0.02% of their portfolio. Polen Management Limited Liability Corporation owns 2,201 shares. Dimensional Fund Advisors Lp owns 313,622 shares. Martin Currie Limited holds 398,567 shares or 3.16% of its portfolio. Neuberger Berman Group Limited Liability accumulated 0% or 3,059 shares. Quantitative Inv Mngmt Ltd Llc has 5,500 shares for 0.01% of their portfolio. Teacher Retirement Sys Of Texas holds 11,062 shares. Voloridge Management Lc stated it has 4,683 shares or 0.01% of all its holdings. 4,360 were accumulated by American Natl Registered Inv Advisor. Alps Advsrs, a Colorado-based fund reported 1,811 shares. Swiss Bank reported 86,962 shares.

Since February 22, 2018, it had 0 insider buys, and 3 sales for $1.52 million activity. The insider Shekhter Elaina sold $830,641. Another trade for 3,120 shares valued at $404,922 was made by Peterson Jason D. on Friday, May 11.

Among 40 analysts covering Pandora Media (NYSE:P), 15 have Buy rating, 2 Sell and 23 Hold. Therefore 38% are positive. Pandora Media had 157 analyst reports since July 24, 2015 according to SRatingsIntel. BMO Capital Markets maintained Pandora Media, Inc. (NYSE:P) rating on Tuesday, August 1. BMO Capital Markets has “Market Perform” rating and $11 target. As per Monday, October 16, the company rating was maintained by BMO Capital Markets. Barrington Research downgraded Pandora Media, Inc. (NYSE:P) on Tuesday, January 3 to “Mkt Perform” rating. Stifel Nicolaus downgraded Pandora Media, Inc. (NYSE:P) on Friday, November 3 to “Hold” rating. The stock has “Buy” rating by Canaccord Genuity on Friday, June 9. The firm has “Buy” rating by Piper Jaffray given on Tuesday, December 12. The rating was maintained by Canaccord Genuity on Wednesday, September 14 with “Buy”. On Monday, October 16 the stock rating was maintained by KeyBanc Capital Markets with “Hold”. On Monday, January 8 the stock rating was downgraded by Morgan Stanley to “Equal-Weight”. The stock of Pandora Media, Inc. (NYSE:P) earned “Hold” rating by Macquarie Research on Monday, June 26.

More recent Pandora Media, Inc. (NYSE:P) news were published by: Seekingalpha.com which released: “Pandora Climbs On Social Media Move” on June 15, 2018. Also Seekingalpha.com published the news titled: “Pandora Is Copying YouTube, Not Spotify. And It’s Working” on May 31, 2018. Schaeffersresearch.com‘s news article titled: “2 Drug Stocks Moving on FDA News” with publication date: June 14, 2018 was also an interesting one.

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

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