Westfield Capital Management Company LP Has Boosted Fleetcor Technologies (FLT) Stake By $26.49 Million; Evolving Systems (EVOL) Sentiment Is 1.27

April 23, 2018 - By Peter Erickson

Evolving Systems, Inc. (NASDAQ:EVOL) Logo

Westfield Capital Management Company Lp increased Fleetcor Technologies Inc (FLT) stake by 65.44% reported in 2017Q4 SEC filing. Westfield Capital Management Company Lp acquired 137,945 shares as Fleetcor Technologies Inc (FLT)’s stock rose 4.28%. The Westfield Capital Management Company Lp holds 348,734 shares with $67.11M value, up from 210,789 last quarter. Fleetcor Technologies Inc now has $18.42B valuation. The stock decreased 1.82% or $3.81 during the last trading session, reaching $205.14. About 294,196 shares traded. FleetCor Technologies, Inc. (NYSE:FLT) has risen 27.04% since April 23, 2017 and is uptrending. It has outperformed by 15.49% the S&P500.

Evolving Systems Inc (EVOL) investors sentiment decreased to 1.27 in 2017 Q4. It’s down -1.56, from 2.83 in 2017Q3. The ratio turned negative, as 14 institutional investors increased and opened new stock positions, while 11 sold and decreased their equity positions in Evolving Systems Inc. The institutional investors in our database now own: 4.21 million shares, up from 4.10 million shares in 2017Q3. Also, the number of institutional investors holding Evolving Systems Inc in top ten stock positions increased from 1 to 2 for an increase of 1. Sold All: 5 Reduced: 6 Increased: 10 New Position: 4.

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 $46.98 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 17.86 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.

Kokino Llc holds 8.42% of its portfolio in Evolving Systems, Inc. for 1.25 million shares. Zpr Investment Management owns 524,104 shares or 3.55% of their US portfolio. Moreover, Perritt Capital Management Inc has 0.41% invested in the company for 310,000 shares. The Connecticut-based Lapides Asset Management Llc has invested 0.33% in the stock. Rbf Capital Llc, a California-based fund reported 24,496 shares.

The stock decreased 2.60% or $0.1 during the last trading session, reaching $3.75. About 3,506 shares traded. Evolving Systems, Inc. (EVOL) has risen 6.17% since April 23, 2017 and is uptrending. It has underperformed by 5.38% the S&P500.

Westfield Capital Management Company Lp decreased Splunk Inc (NASDAQ:SPLK) stake by 10,596 shares to 713,693 valued at $59.12 million in 2017Q4. It also reduced Cooper Cos Inc (NYSE:COO) stake by 43,926 shares and now owns 592,956 shares. Broadsoft Inc (NASDAQ:BSFT) was reduced too.

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

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