Evolving Systems Inc (NASDAQ:EVOL): Institutional Investors Are Worried

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Sentiment for Evolving Systems Inc (NASDAQ:EVOL)

Evolving Systems Inc (NASDAQ:EVOL) institutional sentiment decreased to 0.7 in 2018 Q3. Its down -0.43, from 1.13 in 2018Q2. The ratio turned negative, as 7 funds increased and started new positions, while 10 decreased and sold equity positions in Evolving Systems Inc. The funds in our partner’s database now have: 4.08 million shares, down from 4.16 million shares in 2018Q2. Also, the number of funds holding Evolving Systems Inc in their top 10 positions was flat from 1 to 1 for the same number . Sold All: 3 Reduced: 7 Increased: 5 New Position: 2.

Evolving Systems, Inc. provides software solutions and services to the wireless, wireline, and cable markets in the United Kingdom, Nigeria, Mexico, and internationally. The company has market cap of $15.32 million. It offers Real-time Lifecycle Marketing platform, which monitors customer events and behavioral patterns in real-time; Dynamic SIM Allocation, a SIM card activation solution that allocates and assigns resources to mobile network operators devices that rely on SIM cards; and Mobile Data Enablement solution, a data consumption and policy management solution, which monitors the usage and consumption of data services for wireless carriers and mobile virtual network operators. It has a 17.8 P/E ratio. The firm also provides Total Number Management, a scalable and fully automated database solution that enables operators to manage their telephone numbers, as well as other communication identifiers; and Tertio, a service activation solution for carriers to activate a new subscriber or to add a new service to an existing subscriber, as well as provide an operating environment for carriers to manage their voice, data, and content service needs for their traditional and broadband IP networks.

The stock decreased 2.76% or $0.0359 during the last trading session, reaching $1.2641. About 3,761 shares traded. Evolving Systems, Inc. (NASDAQ:EVOL) has declined 67.83% since January 14, 2018 and is downtrending. It has underperformed by 67.83% the S&P500.

Kokino Llc holds 8.64% of its portfolio in Evolving Systems, Inc. for 1.25 million shares. Zpr Investment Management owns 416,602 shares or 1.48% of their US portfolio. Moreover, Perritt Capital Management Inc has 0.21% invested in the company for 303,550 shares. The Connecticut-based Lapides Asset Management Llc has invested 0.19% in the stock. Rbf Capital Llc, a California-based fund reported 24,496 shares.

More notable recent Evolving Systems, Inc. (NASDAQ:EVOL) news were published by: Marketwatch.com which released: “Pinnacle Foods says new acquisition Boulder Brands drove $100 million in sales – MarketWatch” on April 29, 2016, also Seekingalpha.com with their article: “Evolving Systems’ (EVOL) CEO Thomas Thekkethala on Q1 2018 Results – Earnings Call Transcript – Seeking Alpha” published on May 15, 2018, Globenewswire.com published: “Evolving Systems Reports its 2017 Fourth Quarter and Year-End Financial Results – GlobeNewswire” on April 03, 2018. More interesting news about Evolving Systems, Inc. (NASDAQ:EVOL) were released by: Bizjournals.com and their article: “Colorado software company makes another European purchase – Denver Business Journal” published on August 18, 2017 as well as Seekingalpha.com‘s news article titled: “Allergan: Crucial Period Ahead For Company As Activist Pressure Mounts – Seeking Alpha” with publication date: July 16, 2018.

Evolving Systems, Inc. (NASDAQ:EVOL) Institutional Positions Chart

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