Tiverton Asset Management Has Lowered Epam Systems (EPAM) Position By $1.39 Million; 3 Bullish Analysts Covering Kulicke and Soffa Industries, Inc. (KLIC)

December 7, 2017 - By Richard Conner

Tiverton Asset Management Llc decreased Epam Systems Inc (EPAM) stake by 15.09% reported in 2017Q2 SEC filing. Tiverton Asset Management Llc sold 16,599 shares as Epam Systems Inc (EPAM)’s stock rose 16.98%. The Tiverton Asset Management Llc holds 93,370 shares with $7.85M value, down from 109,969 last quarter. Epam Systems Inc now has $5.28 billion valuation. The stock increased 2.24% or $2.19 during the last trading session, reaching $99.91. About 221,612 shares traded. EPAM Systems, Inc. (NYSE:EPAM) has risen 15.98% since December 7, 2016 and is uptrending. It has underperformed by 0.72% the S&P500.

Among 5 analysts covering Kulicke and Soffa Industries (NASDAQ:KLIC), 3 have Buy rating, 1 Sell and 1 Hold. Therefore 60% are positive. Kulicke and Soffa Industries had 10 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was maintained by Bank of America on Wednesday, November 15 with “Underperform”. Standpoint Research downgraded Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) on Friday, November 18 to “Hold” rating. DA Davidson maintained Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) on Wednesday, November 15 with “Buy” rating. FBR Capital maintained Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) on Monday, November 13 with “Buy” rating. The firm has “Buy” rating by B. Riley & Co given on Wednesday, November 15. B. Riley & Co maintained it with “Buy” rating and $3100 target in Wednesday, August 2 report. B. Riley & Co maintained Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) on Thursday, June 29 with “Buy” rating. The stock of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) earned “Sell” rating by Zacks on Thursday, August 6. See Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) latest ratings:

15/11/2017 Broker: DA Davidson Rating: Buy Old Target: $25 New Target: $35 Maintain
15/11/2017 Broker: Bank of America Rating: Underperform Old Target: $15.5 New Target: $18.5 Maintain
15/11/2017 Broker: B. Riley & Co Rating: Buy Old Target: $31 New Target: $34 Maintain
13/11/2017 Broker: FBR Capital Rating: Buy New Target: $31.0 Maintain
02/08/2017 Broker: B. Riley & Co Rating: Buy New Target: $31.0000 Maintain
03/08/2017 Broker: DA Davidson Rating: Buy
29/06/2017 Broker: B. Riley & Co Rating: Buy New Target: $31.0000 Maintain

Investors sentiment increased to 1.63 in 2017 Q2. Its up 0.30, from 1.33 in 2017Q1. It increased, as 14 investors sold Kulicke and Soffa Industries, Inc. shares while 56 reduced holdings. 39 funds opened positions while 75 raised stakes. 58.45 million shares or 1.12% less from 59.11 million shares in 2017Q1 were reported. Bridgeway Cap reported 224,832 shares. Hbk Lp invested in 78,605 shares or 0.01% of the stock. State Street Corp holds 481,001 shares. Aviance Cap Ltd Liability Company invested 0% of its portfolio in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC). Piedmont Invest Advisors Limited Liability has invested 0.01% of its portfolio in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC). Oppenheimer Asset Mngmt has invested 0% of its portfolio in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC). Amer Century Companies accumulated 886,921 shares or 0.02% of the stock. Tower Rech Limited Liability Corporation (Trc) holds 0% or 50 shares in its portfolio. Pub Employees Retirement Association Of Colorado stated it has 0% of its portfolio in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC). Moreover, Jpmorgan Chase And Commerce has 0% invested in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) for 687,228 shares. Moreover, Citadel Advsr Llc has 0% invested in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC). 5,136 were reported by Advisory Serv Ntwk Limited Liability Corporation. Ny State Common Retirement Fund owns 0% invested in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) for 186,460 shares. Great West Life Assurance Com Can has 103,019 shares for 0.01% of their portfolio. Aqr Ltd Co has invested 0% of its portfolio in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC).

The stock increased 1.71% or $0.41 during the last trading session, reaching $24.4. About 222,584 shares traded. Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) has risen 89.78% since December 7, 2016 and is uptrending. It has outperformed by 73.08% the S&P500.

Kulicke and Soffa Industries, Inc. designs, makes, and sells capital equipment and expendable tools to assemble semiconductor devices. The company has market cap of $1.72 billion. It operates in two divisions, Equipment and Expendable Tools. It has a 20.28 P/E ratio. The Equipment segment makes and sells a line of ball bonders to connect very fine wires made of gold, silver alloy, or copper between the bond pads of the semiconductor devices or dies, and the leads on its package; wafer level bonders, which mechanically applies bumps to dies for some variants of the flip chip assembly process; and wedge bonders to connect semiconductor chips for the power packages, power hybrids, and automotive modules.

Investors sentiment increased to 1.81 in Q2 2017. Its up 0.51, from 1.3 in 2017Q1. It is positive, as 14 investors sold EPAM shares while 55 reduced holdings. 49 funds opened positions while 76 raised stakes. 44.13 million shares or 1.34% less from 44.73 million shares in 2017Q1 were reported. Goldman Sachs owns 148,955 shares for 0% of their portfolio. Gilder Gagnon Howe Lc, a New York-based fund reported 616,625 shares. Toth Financial Advisory Corporation, a Virginia-based fund reported 10,010 shares. Azimuth Capital Mgmt Limited Liability Co reported 0.86% stake. Fincl Bank Of America Corp De, North Carolina-based fund reported 266,586 shares. 32,624 were reported by Metropolitan Life Insur Com Ny. Adage Prtn Limited Com, a Massachusetts-based fund reported 145,000 shares. Sawgrass Asset Mgmt Ltd Liability Co reported 0.01% in EPAM Systems, Inc. (NYSE:EPAM). Cs Mckee Lp has invested 0.12% in EPAM Systems, Inc. (NYSE:EPAM). Moreover, Howe Rusling has 0% invested in EPAM Systems, Inc. (NYSE:EPAM) for 35 shares. Tiverton Asset Mgmt owns 93,370 shares. Junto Mgmt Ltd Partnership has 1.94% invested in EPAM Systems, Inc. (NYSE:EPAM). Tudor Et Al holds 0.01% in EPAM Systems, Inc. (NYSE:EPAM) or 3,286 shares. Secor Advsr Limited Partnership invested in 0.84% or 109,577 shares. Driehaus Capital Ltd Liability holds 0.52% in EPAM Systems, Inc. (NYSE:EPAM) or 168,446 shares.

Among 17 analysts covering EPAM Systems (NYSE:EPAM), 16 have Buy rating, 0 Sell and 1 Hold. Therefore 94% are positive. EPAM Systems had 40 analyst reports since August 6, 2015 according to SRatingsIntel. Wedbush maintained EPAM Systems, Inc. (NYSE:EPAM) rating on Monday, May 8. Wedbush has “Outperform” rating and $90 target. As per Thursday, March 9, the company rating was maintained by Monness Crespi. The stock of EPAM Systems, Inc. (NYSE:EPAM) has “Buy” rating given on Thursday, October 20 by Monness Crespi & Hardt. The rating was maintained by Barclays Capital on Tuesday, November 8 with “Equal Weight”. The firm earned “Buy” rating on Friday, November 3 by Citigroup. The rating was maintained by Needham on Tuesday, November 8 with “Buy”. The firm earned “Buy” rating on Thursday, August 17 by Jefferies. Renaissance Capital upgraded the shares of EPAM in report on Thursday, November 19 to “Buy” rating. Berenberg initiated the stock with “Buy” rating in Friday, April 15 report. The company was maintained on Friday, November 3 by Needham.

Analysts await EPAM Systems, Inc. (NYSE:EPAM) to report earnings on February, 15. They expect $0.82 EPS, up 38.98% or $0.23 from last year’s $0.59 per share. EPAM’s profit will be $43.31M for 30.46 P/E if the $0.82 EPS becomes a reality. After $0.79 actual EPS reported by EPAM Systems, Inc. for the previous quarter, Wall Street now forecasts 3.80% EPS growth.

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