No insider purchase over the last 90 days. The latest, by O'Connor Kathryn, was filed 15 Dec 2022.
This page follows insider dealings at GSE Systems Inc as filed with SEC (Form 4), a company from the Technology sector. The past year has been quiet: not a single insider filing for GSE Systems Inc. The previous disclosure was published on 2 October 2024.
The full history, which starts in 2016, counts 60 purchases against 47 sales.
This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.
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.
FY ended December 2023 · cache
25 of 447 declarations
GSE Systems, Inc. (ticker: GVP) is a U.S.-based company listed on the Nasdaq market within the NYSE/NASDAQ ecosystem, and headquartered in Columbia, Maryland, United States. For investors, GSE is best understood as a niche industrial technology provider focused on engineering services, simulation software, and expert staffing for the power and process industries. The company markets itself as GSE Solutions, but its legal name remains GSE Systems, Inc. SEC filings describe GSE as a provider of advanced engineering services and technology, specialist workforce solutions, and simulation software designed to help customers reduce operating risk, improve plant and employee performance, and lower operating costs. ([sec.gov](https://www.sec.gov/Archives/edgar/data/944480/000114036124017131/ef20015336_10k.htm?utm_source=openai))
The company’s origins date back to 1994, when GSE Systems was formed through the consolidation of simulation-related businesses, and it completed its initial public offering in 1995. That history matters because it explains the company’s strong technical identity and its long-standing focus on highly regulated, capital-intensive end markets. GSE is based in Columbia, Maryland, and has long operated from the U.S. East Coast. ([sec.gov](https://www.sec.gov/Archives/edgar/data/944480/000114036124041342/ny20032892x4_defm14a.htm?utm_source=openai))
GSE’s business is organized around two core operating segments: Engineering and Workforce Solutions. The Engineering segment provides high-fidelity simulation, engineering technology, and plant support services for complex industrial facilities, particularly in the nuclear and power sectors. Workforce Solutions supplies specialized professional services such as procedure writing, planning and scheduling, engineering support, senior reactor operator training and certification, and regulatory-compliance staffing. This mix gives GSE a differentiated position in a narrow but technically demanding market, where domain expertise and regulatory credibility are essential. ([sec.gov](https://www.sec.gov/Archives/edgar/data/944480/000114036124017131/ef20015336_10k.htm?utm_source=openai))
From a competitive standpoint, GSE is a specialist rather than a broad-based industrial software giant. Its moat is based on deep expertise in nuclear and process-industry workflows, long customer relationships, and the ability to deliver mission-critical technical services. The company serves customers in the United States and internationally across power generation, nuclear, oil and gas, refining, chemical, and petrochemical markets, using a combination of direct sales and partner channels abroad. ([sec.gov](https://www.sec.gov/Archives/edgar/data/944480/000114036123018700/brhc10050348_10k.htm?utm_source=openai))
Recent corporate developments have been dominated by M&A. In August 2024, GSE announced second-quarter results showing improved gross profit, positive adjusted EBITDA for the first half of 2024, and backlog of $34.7 million at June 30, 2024. Shortly thereafter, the company disclosed an all-cash merger agreement with an affiliate of Pelican Energy Partners at $4.10 per share, making the transaction the main strategic event in the stock’s recent history. For equity investors, that deal is arguably more important than the underlying operating trends because it frames the current investment case around acquisition completion and deal terms. ([sec.gov](https://www.sec.gov/Archives/edgar/data/944480/000114036124037311/ef20034081_ex99-1.htm?utm_source=openai))
| Fiscal year end | Revenue | Net income | Diluted EPS | Filing |
|---|---|---|---|---|
| Dec 2023 | 45.0 m USD | -8.7 m USD | -3.51 USD | 10-K |
| Dec 2022 | 47.7 m USD | -15.3 m USD | -7.18 USD | 10-K |
| Dec 2021 | 55.2 m USD | 10.6 m USD | 0.51 USD | 10-K |
| Dec 2020 | 57.6 m USD | -10.5 m USD | -0.52 USD | 10-K |
| Dec 2019 | 83.0 m USD | -12.1 m USD | -0.60 USD | 10-K |
Amounts in USD, as filed (forms 10-K, 20-F or 40-F). Source: SEC EDGAR.