President, Chairman of EPAM Systems Inc. Arkadiy Dobkin Sold 148,279 Shares

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Jul 11, 2013
EPAM Systems Inc. was incorporated in the State of Delaware on Dec. 18, 2002. Epam Systems Inc. has a market cap of $1.27 billion; its shares were traded at around $28.39 with a P/E ratio of 26.00 and P/S ratio of 2.90.

On July 9,CEO, President, Chairman of EPAM Systems Inc. (EPAM, Financial) Arkadiy Dobkin sold 148,279 shares at an average price of $27.56. The total transaction amount is $4,086,569.

Arkadiy Dobkin is the cofounder, CEO and President of EPAM Systems. He has received numerous awards: The Entrepreneur Of The Year ® 2008, Top 25 Most Influential Consultants (2006) and Top 25 Executives (2004)

In June, Arkadiy Dobkin sold 57,358 shares of EPAM stock. In June and July, CFO, Senior VP, and Treasurer Ilya Cantor sold 88,869 shares of EPAM stock. Other officers and directors also sold shares.

EPAM Systems Inc. reported its 2013 first quarter financial results with revenues of $124.2 million and net income of $12.7 million.