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Evolving Systems Inc Stock: price and insider trades · United States
No insider purchase over the last 90 days. The latest, by SINGER KAREN, was filed 06 Apr 2022.
Evolving Systems Inc: what insiders have been doing
Evolving Systems Inc belongs to the Technology sector. Filings by its managers are published through SEC (Form 4). Nothing new has been filed by managers of Evolving Systems Inc in twelve months, the latest record being from 30 August 2022.
Since 2022, the database holds 13 purchases and 1 sale by insiders of the company.
Other companies in the same sector with recent insider buying flagged by our signals: Gitlab Inc. and Baozun Inc. This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.
Insider Decl.
19
Thresholds
n/a
Buy Volume
€803,191
13 ops. · all time
Sell Volume
n/a
1 ops. · all time
Since the insiders bought
- -42.6%Entry US$1.95 · Close at T+365 US$1.12
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Financial data
as of FY 2021FY ended December 2021 · cache
US$0.41
Analyst consensus
Income statement
EBITDA-US$1.7M
Net incomeUS$17.4M0.0% margin
Valuation
P/Book0.2x
Beta0.22
Balance sheet & cash
Market capUS$4.4M
Free Cash FlowUS$1.5M
Profitability & ownership
ROE-22.5%
ROA-10.8%
% insiders0.0%
% institutions0.0%
Last declaration on 30 August 2022
Declarations19 total
100,000 shares@ US$0.001100.0% of flowCommon StockSEC:0001214659-22-010740:0
4,253,851 sharesCommon StockSEC:0001420506-22-001348:0
913 shares@ US$1.810.2% of flowCommon StockSEC:0001171520-22-000241:0
Canonical exit: 3 Jul 2022 (T+90)
17,633 shares@ US$1.813.6% of flowCommon StockSEC:0001171520-22-000226:0
Canonical exit: 29 Jun 2022 (T+90)
491 shares@ US$1.760.1% of flowCommon StockSEC:0001171520-22-000200:0
Canonical exit: 12 Jun 2022 (T+90)
3,176 shares@ US$1.820.7% of flowCommon StockSEC:0001171520-22-000189:0
Canonical exit: 2 Jun 2022 (T+90)
26,143 shares@ US$1.76575.1% of flowCommon StockSEC:0001171520-22-000171:0
Canonical exit: 25 May 2022 (T+90)
18,034 shares@ US$1.74673.5% of flowCommon StockSEC:0001171520-22-000165:0
Canonical exit: 23 May 2022 (T+90)
6,144 shares@ US$1.74671.2% of flowCommon StockSEC:0001171520-22-000143:0
Canonical exit: 19 May 2022 (T+90)
7,073 shares@ US$1.721.3% of flowCommon StockSEC:0001171520-22-000135:0
Canonical exit: 15 May 2022 (T+90)
40,111 shares@ US$1.89248.3% of flowCommon StockSEC:0001171520-22-000128:0
Canonical exit: 11 May 2022 (T+90)
12,598 shares@ US$1.84592.5% of flowCommon StockSEC:0001171520-22-000050:0
Canonical exit: 5 May 2022 (T+90)
162,322 shares@ US$1.796232.5% of flowCommon StockSEC:0001104659-22-010817:0
Canonical exit: 1 May 2022 (T+90)
31,699 shares@ US$1.86876.5% of flowCommon StockSEC:0001104659-22-008474:0
Canonical exit: 26 Apr 2022 (T+90)
170,218 shares@ US$1.845434.5% of flowCommon StockSEC:0001171520-22-000041:0
Canonical exit: 25 Apr 2022 (T+90)
15,000 shares@ US$0.001100.0% of flowCommon StockSEC:0001099910-22-000026:0
45,000 shares@ US$0.001100.0% of flowCommon StockSEC:0001099910-22-000028:0
15,000 shares@ US$0.001100.0% of flowCommon StockSEC:0001099910-22-000025:0
150,000 shares@ US$0.001100.0% of flowCommon StockSEC:0001099910-22-000027:0
19 of 19 declarations
About Evolving Systems Inc
Evolving Systems Inc. (NASDAQ: EVOL) is a U.S.-based technology company focused on software and services for telecom operators. The company is headquartered historically in Englewood, Colorado, in the United States, and was founded in 1985. Over time, it has built a long-standing niche position around telecom subscriber activation, engagement, and monetization workflows, making it a specialized software name rather than a broad enterprise IT vendor. For French-, Belgian- and Swiss-based investors, the key takeaway is that EVOL is a telecom-focused small-cap listed on the NASDAQ in the United States, with a business model tied to operator software spending and network modernization cycles. ([evolving.com](https://www.evolving.com/press-release/evolving-systems-announces-expiration-of-go-shop-period/?utm_source=openai))
The core of Evolving Systems’ business is a portfolio of telecom software products covering customer value management (CVM), loyalty management, campaign management, dealer management, commission management, number management, and SIM/eSIM lifecycle management. The company says its technology is deployed across five continents and has been used in more than 100 carrier deployments, which underscores a global footprint despite its relatively small market capitalization. Its customer base appears concentrated in telecom operators, MVNOs, and next-generation digital telcos that need faster launch cycles and more automated subscriber journeys. ([evolving.com](https://www.evolving.com/why-evolving-systems/?utm_source=openai))
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From a product and strategy standpoint, Evolving Systems has evolved from a classic activation and mobile engagement provider into a broader platform vendor. Its Evolution platform is positioned for real-time engagement, loyalty, and gamified campaigns; Smart Dealer addresses digital distribution network management; Evolution Marketplace is designed to help operators monetize B2B telecom use cases; and FAST, launched in 2025, is a modular cloud-native suite aimed at reducing implementation complexity and accelerating time to value. This product layering suggests management is trying to deepen wallet share within telecom accounts rather than compete head-on with large horizontal software players. ([evolving.com](https://www.evolving.com/press-release/evolving-systems-launches-cvm-solutions-with-advanced-analytic-models-for-telecom-operators/?utm_source=openai))
In competitive terms, Evolving Systems stands out through deep domain specialization in telecom OSS/BSS-adjacent workflows, experience in regulated environments, and a modular architecture that appeals to operators seeking faster deployment and lower integration friction. The flip side is that the company remains exposed to telecom operators’ spending patterns and procurement cycles, so growth is likely to depend on successful product launches, renewals, and expansion within existing accounts. ([evolving.com](https://www.evolving.com/why-evolving-systems/?utm_source=openai))
Recent highlights are important. In 2024, Evolving Systems expanded Dynamic SIM Allocation to 5G. In 2025, it highlighted Evolution Marketplace and Smart Dealer enhancements, and in February 2026 it launched AIQ, an intelligence layer designed to improve churn prediction and personalized offers. These announcements point to a continued push into analytics-driven customer engagement and operational automation. Overall, EVOL remains a niche U.S.-listed NASDAQ software company with a telecom-first strategy, a long operating history since 1985, and a recent product roadmap centered on cloud-native modularity and monetization tools. ([evolving.com](https://www.evolving.com/press-release/evolving-systems-launches-dynamic-sim-allocation-for-5g-empowering-the-next-generation-of-sim-personalization-activation/?utm_source=openai))
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