Hide

FocusBar

Subscribe to Premium Member
Free 7-day Trial
All Articles and Columns »

Evolving Systems Inc. (EVOL) CEO Thaddeus Dupper buys 5,000 Shares

August 24, 2009 | About:
insider

insider

41 followers
President & CEO of Evolving Systems Inc. (EVOL) Thaddeus Dupper buys 5,000 shares of EVOL on 08/20/2009 at an average price of $5.5 a share.

Evolving Systems Inc. is a leading provider of selected software solutions and services that enable telecommunications carriers to address the technical challenges to their operational support systems. The company develops markets sells and supports standard software products that enable established and new telecommunications companies to address local number portability requirements and the impact of LNP on such companies\' support systems. The company also provides custom software development services to leading telecommunications companies. Evolving Systems Inc. has a market cap of $51.72 million; its shares were traded at around $5.29 with a P/E ratio of 11.76 and P/S ratio of 1.37.

Recent Trades of Evolving Systems Inc. by Directors and Officers:

  • Buy: Director David S Oros bought 6,390 shares of EVOL stock on 06/09/2009 at the average price of $4.54; the price of the stock has increased by 16.52% since.

  • Sell: Director George A Hallenbeck sold 23,515 shares of EVOL stock on 06/11/2009 at the average price of $4.62; the price of the stock has increased by 14.5% since.

  • Sell: Director George A Hallenbeck sold 935 more shares of EVOL stock on 06/11/2009 at the average price of $4.62; the price of the stock has increased by 14.5% since.

  • Sell: Director George A Hallenbeck sold 135 more shares of EVOL stock on 06/11/2009 at the average price of $4.62; the price of the stock has increased by 14.5% since.


About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

» Take a Free Trial of Premium Membership

Why CEOs Are Buying Stocks Of Their Own Companies?

  1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
  2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
  3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading


Rating: 2.0/5 (1 vote)

Comments

Please leave your comment:


More Gurufocus Links

GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names
Free 7-day Trial
FEEDBACK

This article has been successfully added into your Bookmark.

Members Only. Please Sign Up or Log In first.

Bookmark of this article has been deleted.