Federated Hermes Inc. Purchases 28,596 Shares of CommVault Systems, Inc. $CVLT

Federated Hermes Inc. boosted its position in shares of CommVault Systems, Inc. (NASDAQ:CVLT) by 9.7% in the third quarter, HoldingsChannel reports. The fund owned 322,053 shares of the software maker’s stock after purchasing an additional 28,596 shares during the quarter. Federated Hermes Inc.’s holdings in CommVault Systems were worth $60,797,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. State of Wyoming acquired a new position in shares of CommVault Systems during the second quarter worth $35,000. Cullen Frost Bankers Inc. grew its stake in CommVault Systems by 43.8% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 243 shares of the software maker’s stock worth $46,000 after buying an additional 74 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in CommVault Systems by 188.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 271 shares of the software maker’s stock valued at $47,000 after buying an additional 177 shares in the last quarter. True Wealth Design LLC raised its stake in CommVault Systems by 244.6% in the third quarter. True Wealth Design LLC now owns 286 shares of the software maker’s stock valued at $54,000 after buying an additional 203 shares during the last quarter. Finally, Employees Retirement System of Texas purchased a new stake in CommVault Systems in the second quarter valued at about $55,000. 93.50% of the stock is owned by hedge funds and other institutional investors.

CommVault Systems News Summary

Here are the key news stories impacting CommVault Systems this week:

• Positive Sentiment: Q3 results showed an earnings and revenue beat (EPS $1.17 vs. $0.98 est.; revenue ~$314M above estimates), confirming solid top‑line growth that supports the longer‑term SaaS transition thesis.
• Positive Sentiment: Some analysts and firms continue to view the pullback as a buying opportunity — Robert W. Baird published a constructive note arguing the SaaS mix shift masks strong fundamentals. Read More.
• Neutral Sentiment: Full Q3 earnings call transcript is available for investors who want management’s exact wording on guidance, product spend and cloud partnerships. Read More.
• Neutral Sentiment: Reported short‑interest data in the feed is effectively zero/flat and not informative for the current move (data appears anomalous); monitor official exchanges for updated short interest reads before drawing conclusions.
• Negative Sentiment: Broad, steep analyst price‑target cuts and revised outlooks hit the stock after the report — multiple firms lowered targets (examples include RBC, Cantor, KeyCorp, Oppenheimer, Wells Fargo, Guggenheim and others), increasing perceived near‑term downside and sparking the selloff. Read More.
• Negative Sentiment: Market commentary highlights investor disappointment: coverage noted the shares plunged (reports cite ~30–31% decline) as the post‑earnings reaction priced in concerns about momentum and valuation despite the beat. Read More.
• Negative Sentiment: Independent analysis flagged that recent product/partner expansion (e.g., Google Cloud tie‑ups) may not yet be translating into visible share momentum versus the stock’s prior valuation, fueling further selling pressure. Read More.
• Negative Sentiment: Coverage pieces explaining the drop provide context on sentiment and execution worries; read for detail on what specifically drove investor exits after the print. Read More.

Insider Activity

In related news, insider Gary Merrill sold 2,674 shares of CommVault Systems stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $123.58, for a total transaction of $330,452.92. Following the completion of the transaction, the insider directly owned 69,163 shares in the company, valued at approximately $8,547,163.54. This trade represents a 3.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Jennifer Leigh Dirico sold 830 shares of the business’s stock in a transaction that occurred on Tuesday, November 18th. The shares were sold at an average price of $123.58, for a total value of $102,571.40. Following the completion of the transaction, the chief financial officer directly owned 44,313 shares of the company’s stock, valued at $5,476,200.54. The trade was a 1.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 33,111 shares of company stock valued at $4,058,851 in the last quarter. 1.00% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. Truist Financial restated a “buy” rating and set a $155.00 price objective (down previously from $175.00) on shares of CommVault Systems in a report on Wednesday. Wells Fargo & Company cut their price target on shares of CommVault Systems from $190.00 to $155.00 and set an “overweight” rating on the stock in a research note on Wednesday. Piper Sandler lowered their price objective on shares of CommVault Systems from $186.00 to $155.00 and set an “overweight” rating for the company in a research note on Monday, January 5th. Weiss Ratings reissued a “hold (c)” rating on shares of CommVault Systems in a report on Wednesday, January 21st. Finally, DA Davidson cut their target price on CommVault Systems from $185.00 to $135.00 and set a “buy” rating on the stock in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $143.58.

CommVault Systems Stock Down 2.6%

CVLT stock opened at $87.50 on Friday. The company has a market capitalization of $3.86 billion, a P/E ratio of 45.10 and a beta of 0.57. CommVault Systems, Inc. has a 12 month low of $84.44 and a 12 month high of $200.68. The firm’s fifty day simple moving average is $121.87 and its 200-day simple moving average is $153.54. The company has a debt-to-equity ratio of 4.06, a current ratio of 2.34 and a quick ratio of 2.53.

CommVault Systems (NASDAQ:CVLT) last posted its earnings results on Tuesday, January 27th. The software maker reported $1.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.19. CommVault Systems had a net margin of 7.58% and a return on equity of 37.38%. The company had revenue of $313.83 million during the quarter, compared to the consensus estimate of $299.07 million. During the same period in the previous year, the firm posted $0.94 earnings per share. The firm’s quarterly revenue was up 19.5% on a year-over-year basis. As a group, equities research analysts forecast that CommVault Systems, Inc. will post 1.65 earnings per share for the current year.

CommVault Systems Profile

Commvault Systems, Inc is a global provider of data protection and information management software designed to help organizations manage, protect, and activate data across on-premises and cloud environments. Founded in 1996 and headquartered in Tinton Falls, New Jersey, Commvault offers a suite of integrated products and services that enable enterprises to back up, recover, archive, and analyze data. Its flagship solutions include Commvault Complete Data Protection, Commvault HyperScale, and the SaaS-based Metallic portfolio, which deliver scalable and automated data management capabilities across hybrid infrastructure environments.

Commvault’s platform is built on a unified architecture that allows customers to streamline operations, reduce complexity, and ensure data resiliency.