Evolving Systems, Inc. (EVOL) Holdings Cut by ZPR Investment Management

ZPR Investment Management reduced its position in shares of Evolving Systems, Inc. (NASDAQ:EVOL) by 8.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 426,300 shares of the technology company’s stock after selling 41,720 shares during the quarter. Evolving Systems accounts for approximately 3.4% of ZPR Investment Management’s investment portfolio, making the stock its 8th biggest holding. ZPR Investment Management owned approximately 3.42% of Evolving Systems worth $2,195,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of EVOL. Kokino LLC raised its position in Evolving Systems by 90.2% during the second quarter. Kokino LLC now owns 834,226 shares of the technology company’s stock worth $4,296,000 after acquiring an additional 395,612 shares in the last quarter. Renaissance Technologies LLC raised its position in Evolving Systems by 3.1% during the first quarter. Renaissance Technologies LLC now owns 508,449 shares of the technology company’s stock worth $2,466,000 after acquiring an additional 15,350 shares in the last quarter. Spark Investment Management LLC raised its position in Evolving Systems by 36.3% during the first quarter. Spark Investment Management LLC now owns 38,425 shares of the technology company’s stock worth $186,000 after acquiring an additional 10,225 shares in the last quarter. Lapides Asset Management LLC raised its position in Evolving Systems by 1.9% during the first quarter. Lapides Asset Management LLC now owns 397,200 shares of the technology company’s stock worth $1,926,000 after acquiring an additional 7,400 shares in the last quarter. Finally, ClariVest Asset Management LLC raised its position in Evolving Systems by 5.4% during the first quarter. ClariVest Asset Management LLC now owns 27,674 shares of the technology company’s stock worth $134,000 after acquiring an additional 1,412 shares in the last quarter. 31.47% of the stock is currently owned by hedge funds and other institutional investors.

Evolving Systems, Inc. (NASDAQ:EVOL) traded down 1.06% during mid-day trading on Monday, reaching $4.65. 7,167 shares of the company’s stock traded hands. Evolving Systems, Inc. has a 12 month low of $3.10 and a 12 month high of $5.70. The stock has a market cap of $58.23 million, a P/E ratio of 12.92 and a beta of 0.31. The company has a 50 day moving average price of $4.70 and a 2

A number of other hedge funds and other institutional investors have also recently bought and sold shares of EVOL. Kokino LLC raised its position in Evolving Systems by 90.2% during the second quarter. Kokino LLC now owns 834,226 shares of the technology company’s stock worth $4,296,000 after acquiring an additional 395,612 shares in the last quarter. Renaissance Technologies LLC raised its position in Evolving Systems by 3.1% during the first quarter. Renaissance Technologies LLC now owns 508,449 shares of the technology company’s stock worth $2,466,000 after acquiring an additional 15,350 shares in the last quarter. Spark Investment Management LLC raised its position in Evolving Systems by 36.3% during the first quarter. Spark Investment Management LLC now owns 38,425 shares of the technology company’s stock worth $186,000 after acquiring an additional 10,225 shares in the last quarter. Lapides Asset Management LLC raised its position in Evolving Systems by 1.9% during the first quarter. Lapides Asset Management LLC now owns 397,200 shares of the technology company’s stock worth $1,926,000 after acquiring an additional 7,400 shares in the last quarter. Finally, ClariVest Asset Management LLC raised its position in Evolving Systems by 5.4% during the first quarter. ClariVest Asset Management LLC now owns 27,674 shares of the technology company’s stock worth $134,000 after acquiring an additional 1,412 shares in the last quarter. 31.47% of the stock is currently owned by hedge funds and other institutional investors.

Evolving Systems, Inc. (NASDAQ:EVOL) traded down 1.06% during mid-day trading on Monday, reaching $4.65. 7,167 shares of the company’s stock traded hands. Evolving Systems, Inc. has a 12 month low of $3.10 and a 12 month high of $5.70. The stock has a market cap of $58.23 million, a P/E ratio of 12.92 and a beta of 0.31. The company has a 50 day moving average price of $4.70 and a 200-day moving average price of $4.92.

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About Evolving Systems

Evolving Systems, Inc is a provider of software solutions for service enablement, on-device activation and management of services for connected devices for network operators. The Company operates in two segments: license fees and services revenue, and customer support revenue. Its service activation solution, Tertio is used to activate voice, video and data services for wireless, wireline and cable network operators.

Institutional Ownership by Quarter for Evolving Systems (NASDAQ:EVOL)

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