Evolving Sys (EVOL) Shareholder Kokino Increased Its Stake by $1.00 Million; Autonation (AN) Stock Price Declined While Arlington Value Capital Cut Its Position

May 22, 2018 - By Nellie Frank

Evolving Systems, Inc. (NASDAQ:EVOL) Logo

Arlington Value Capital Llc decreased its stake in Autonation Inc (AN) by 7.45% based on its latest 2017Q4 regulatory filing with the SEC. Arlington Value Capital Llc sold 142,403 shares as the company’s stock declined 10.61% with the market. The hedge fund held 1.77 million shares of the consumer durables company at the end of 2017Q4, valued at $90.76 million, down from 1.91M at the end of the previous reported quarter. Arlington Value Capital Llc who had been investing in Autonation Inc for a number of months, seems to be less bullish one the $4.28 billion market cap company. The stock increased 2.01% or $0.93 during the last trading session, reaching $47.14. About 547,122 shares traded. AutoNation, Inc. (NYSE:AN) has risen 8.96% since May 22, 2017 and is uptrending. It has underperformed by 2.59% the S&P500.




Kokino Llc increased its stake in Evolving Sys Inc (EVOL) by 25% based on its latest 2017Q4 regulatory filing with the SEC. Kokino Llc bought 250,000 shares as the company’s stock rose 6.17% while stock markets declined. The institutional investor held 1.25 million shares of the technology company at the end of 2017Q4, valued at $5.88 million, up from 1.00 million at the end of the previous reported quarter. Kokino Llc who had been investing in Evolving Sys Inc for a number of months, seems to be bullish on the $41.19 million market cap company. The stock decreased 2.86% or $0.1 during the last trading session, reaching $3.4. About 1,741 shares traded. Evolving Systems, Inc. (NASDAQ:EVOL) has risen 6.17% since May 22, 2017 and is uptrending. It has underperformed by 5.38% the S&P500.

Investors sentiment decreased to 1.27 in Q4 2017. Its down 1.56, from 2.83 in 2017Q3. It turned negative, as 5 investors sold EVOL shares while 6 reduced holdings. 4 funds opened positions while 10 raised stakes. 4.21 million shares or 2.74% more from 4.10 million shares in 2017Q3 were reported. Deutsche Fincl Bank Ag holds 0% or 46,717 shares. Morgan Stanley reported 0% stake. California Pub Employees Retirement has 0% invested in Evolving Systems, Inc. (NASDAQ:EVOL). Blackrock Inc invested 0% of its portfolio in Evolving Systems, Inc. (NASDAQ:EVOL). Financial Bank Of America De reported 0% stake. Susquehanna Gru Limited Liability Partnership owns 14,601 shares. Perritt Capital Mgmt invested in 310,000 shares. Acadian Asset Ltd Liability reported 5,048 shares. Geode Cap Mngmt Lc invested in 39,807 shares or 0% of the stock. Tower Research Cap Lc (Trc) owns 2,058 shares. Dimensional Fund Advsr LP reported 122,997 shares stake. Zpr Invest Mngmt invested 3.55% of its portfolio in Evolving Systems, Inc. (NASDAQ:EVOL). Renaissance Technologies Ltd holds 0% or 596,499 shares. Moreover, Northern Trust has 0% invested in Evolving Systems, Inc. (NASDAQ:EVOL) for 132,811 shares. Kokino Lc holds 1.25M shares or 8.42% of its portfolio.

More news for Evolving Systems, Inc. (NASDAQ:EVOL) were recently published by: Globenewswire.com, which released: “Evolving Systems Sets Date for its 2018 First Quarter Financial Results Announcement and Conference Call” on May 09, 2018. Globenewswire.com‘s article titled: “Evolving Systems Reports First Quarter 2018 Financial Results” and published on May 15, 2018 is yet another important article.

Among 3 analysts covering Evolving Systems (NASDAQ:EVOL), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Evolving Systems had 5 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of Evolving Systems, Inc. (NASDAQ:EVOL) has “Buy” rating given on Thursday, July 23 by Maxim Group. The stock has “Buy” rating by Maxim Group on Wednesday, August 5. The stock of Evolving Systems, Inc. (NASDAQ:EVOL) has “Neutral” rating given on Wednesday, August 5 by DA Davidson. The rating was downgraded by TheStreet to “Hold” on Thursday, September 3. The firm earned “Neutral” rating on Monday, September 14 by DA Davidson.

Analysts await AutoNation, Inc. (NYSE:AN) to report earnings on August, 1. They expect $1.18 earnings per share, up 37.21% or $0.32 from last year’s $0.86 per share. AN’s profit will be $107.19M for 9.99 P/E if the $1.18 EPS becomes a reality. After $1.01 actual earnings per share reported by AutoNation, Inc. for the previous quarter, Wall Street now forecasts 16.83% EPS growth.

Among 22 analysts covering AutoNation (NYSE:AN), 6 have Buy rating, 2 Sell and 14 Hold. Therefore 27% are positive. AutoNation had 40 analyst reports since July 28, 2015 according to SRatingsIntel. The stock of AutoNation, Inc. (NYSE:AN) has “Neutral” rating given on Thursday, October 6 by Goldman Sachs. Jefferies maintained AutoNation, Inc. (NYSE:AN) on Friday, September 8 with “Hold” rating. The company was upgraded on Tuesday, July 28 by Sterne Agee CRT. As per Thursday, August 3, the company rating was maintained by Deutsche Bank. The stock of AutoNation, Inc. (NYSE:AN) has “Overweight” rating given on Wednesday, March 14 by Morgan Stanley. The firm earned “Neutral” rating on Monday, October 31 by Bank of America. On Wednesday, August 31 the stock rating was initiated by Wolfe Research with “Peer Perform”. Goldman Sachs downgraded it to “Sell” rating and $49 target in Tuesday, March 8 report. The rating was maintained by Buckingham Research with “Neutral” on Monday, November 13. Guggenheim initiated AutoNation, Inc. (NYSE:AN) on Monday, April 16 with “Hold” rating.

Investors sentiment decreased to 0.79 in Q4 2017. Its down 0.09, from 0.88 in 2017Q3. It fall, as 20 investors sold AN shares while 97 reduced holdings. 44 funds opened positions while 49 raised stakes. 62.82 million shares or 10.96% less from 70.55 million shares in 2017Q3 were reported. Shell Asset Management holds 0% or 2,746 shares. Westpac Corp holds 3,543 shares. Deutsche National Bank & Trust Ag has invested 0.01% in AutoNation, Inc. (NYSE:AN). Regions Fincl has 2,871 shares. Blackrock Incorporated holds 0.01% or 5.67 million shares in its portfolio. Geode Capital Mgmt Llc holds 504,692 shares or 0.01% of its portfolio. Chickasaw Cap Management Ltd has invested 0.03% of its portfolio in AutoNation, Inc. (NYSE:AN). Prudential owns 99,345 shares. Great Lakes Lc holds 0.05% of its portfolio in AutoNation, Inc. (NYSE:AN) for 42,142 shares. Commonwealth Of Pennsylvania Public School Empls Retrmt reported 0.01% in AutoNation, Inc. (NYSE:AN). 1.77 million were reported by Arlington Value Cap Ltd Llc. New York State Teachers Retirement Sys owns 98,318 shares for 0.01% of their portfolio. California State Teachers Retirement stated it has 0.01% in AutoNation, Inc. (NYSE:AN). Brandywine Global Inv Mngmt Ltd Liability Corp owns 389,241 shares. Chicago Equity Prtn Limited Co holds 0.01% in AutoNation, Inc. (NYSE:AN) or 9,495 shares.

Since January 2, 2018, it had 0 insider buys, and 3 sales for $1.09 million activity.

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

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