CommVault Systems, Inc. (NASDAQ:CVLT – Get Free Report) has received an average rating of “Moderate Buy” from the nineteen ratings firms that are presently covering the firm, MarketBeat Ratings reports. Eight investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $135.00.
Several analysts have weighed in on CVLT shares. Zacks Research lowered shares of CommVault Systems from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 1st. William Blair reiterated a “market perform” rating on shares of CommVault Systems in a research note on Monday, March 23rd. KeyCorp boosted their target price on shares of CommVault Systems from $108.00 to $125.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Royal Bank Of Canada boosted their target price on shares of CommVault Systems from $100.00 to $110.00 and gave the company a “sector perform” rating in a research note on Wednesday, April 29th. Finally, Wall Street Zen lowered shares of CommVault Systems from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th.
Check Out Our Latest Research Report on CVLT
CommVault Systems Stock Up 0.6%
CommVault Systems (NASDAQ:CVLT – Get Free Report) last released its earnings results on Tuesday, April 28th. The software maker reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.09 by $0.19. CommVault Systems had a net margin of 5.97% and a return on equity of 51.64%. The firm had revenue of $311.69 million during the quarter, compared to analyst estimates of $306.71 million. During the same quarter in the previous year, the firm earned $1.03 earnings per share. The firm’s revenue for the quarter was up 13.3% compared to the same quarter last year. Research analysts predict that CommVault Systems will post 2.86 EPS for the current year.
Insider Activity
In other news, CEO Sanjay Mirchandani sold 19,396 shares of the business’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $105.49, for a total transaction of $2,046,084.04. Following the completion of the transaction, the chief executive officer owned 315,377 shares of the company’s stock, valued at approximately $33,269,119.73. The trade was a 5.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Gary Merrill sold 4,560 shares of the business’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $105.10, for a total transaction of $479,256.00. Following the transaction, the chief financial officer directly owned 72,507 shares of the company’s stock, valued at approximately $7,620,485.70. This trade represents a 5.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 75,415 shares of company stock valued at $7,369,811. 1.00% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On CommVault Systems
Several hedge funds and other institutional investors have recently modified their holdings of CVLT. Tudor Investment Corp ET AL acquired a new position in shares of CommVault Systems during the third quarter valued at $1,887,800,000. First Trust Advisors LP lifted its holdings in CommVault Systems by 1,335.8% in the third quarter. First Trust Advisors LP now owns 1,224,856 shares of the software maker’s stock worth $231,228,000 after purchasing an additional 1,139,547 shares during the period. M&T Bank Corp lifted its holdings in CommVault Systems by 22,133.9% in the fourth quarter. M&T Bank Corp now owns 610,098 shares of the software maker’s stock worth $76,482,000 after purchasing an additional 607,354 shares during the period. Westfield Capital Management Co. LP lifted its holdings in CommVault Systems by 135.6% in the third quarter. Westfield Capital Management Co. LP now owns 786,175 shares of the software maker’s stock worth $148,414,000 after purchasing an additional 452,422 shares during the period. Finally, TD Asset Management Inc lifted its holdings in CommVault Systems by 14,047.5% in the fourth quarter. TD Asset Management Inc now owns 381,982 shares of the software maker’s stock worth $47,885,000 after purchasing an additional 379,282 shares during the period. Institutional investors and hedge funds own 93.50% of the company’s stock.
More CommVault Systems News
Here are the key news stories impacting CommVault Systems this week:
- Negative Sentiment: Multiple law firms issued fresh notices about a pending class action lawsuit against CommVault, with allegations that the company concealed SaaS mix-shift issues that may have distorted ARR growth and contributed to a sharp share-price decline earlier this year. Article Title
- Negative Sentiment: Additional legal updates from Rosen, Glancy Prongay, Bernstein Liebhard, Robbins Geller, and others remind shareholders of the July 17 lead-plaintiff deadline, reinforcing overhang from the lawsuit and keeping litigation risk in focus. Article Title
- Neutral Sentiment: One market commentary piece revisited CVLT’s valuation after the Q3 2026 miss and the new lawsuits, suggesting investors are reassessing whether the stock’s current valuation adequately reflects the legal and growth-related risks. Article Title
About CommVault Systems
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.
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