Epoch Investment Partners Inc. acquired a new stake in shares of CommVault Systems, Inc. (NASDAQ:CVLT – Free Report) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 217,594 shares of the software maker’s stock, valued at approximately $27,278,000.
Several other large investors have also bought and sold shares of the company. State of Wyoming bought a new stake in shares of CommVault Systems in the 2nd quarter worth approximately $35,000. Banque Cantonale Vaudoise bought a new stake in shares of CommVault Systems in the 3rd quarter worth approximately $39,000. Assetmark Inc. boosted its position in shares of CommVault Systems by 2,950.0% in the 3rd quarter. Assetmark Inc. now owns 244 shares of the software maker’s stock worth $46,000 after purchasing an additional 236 shares in the last quarter. Advisory Services Network LLC bought a new stake in shares of CommVault Systems in the 3rd quarter worth approximately $47,000. Finally, EverSource Wealth Advisors LLC raised its holdings in CommVault Systems by 188.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 271 shares of the software maker’s stock worth $47,000 after acquiring an additional 177 shares during the last quarter. 93.50% of the stock is owned by institutional investors.
Analysts Set New Price Targets
A number of brokerages recently weighed in on CVLT. Royal Bank Of Canada boosted their price objective on shares of CommVault Systems from $100.00 to $110.00 and gave the stock a “sector perform” rating in a report on Wednesday, April 29th. Loop Capital began coverage on shares of CommVault Systems in a report on Tuesday, March 24th. They issued a “buy” rating and a $125.00 price objective for the company. Scotiabank boosted their price objective on shares of CommVault Systems from $105.00 to $110.00 and gave the stock a “sector perform” rating in a report on Wednesday, April 29th. Jefferies Financial Group began coverage on shares of CommVault Systems in a report on Monday, April 27th. They issued a “hold” rating and a $105.00 price objective for the company. Finally, Robert W. Baird decreased their price objective on shares of CommVault Systems from $185.00 to $160.00 and set an “outperform” rating for the company in a report on Monday, April 13th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $135.00.
CommVault Systems Price Performance
Shares of NASDAQ CVLT opened at $127.76 on Monday. The firm has a market cap of $5.27 billion, a P/E ratio of 80.35 and a beta of 0.82. The company has a quick ratio of 1.95, a current ratio of 1.95 and a debt-to-equity ratio of 117.54. The company has a 50 day moving average of $102.31 and a 200 day moving average of $103.28. CommVault Systems, Inc. has a twelve month low of $71.75 and a twelve month high of $200.68.
CommVault Systems (NASDAQ:CVLT – Get Free Report) last announced its earnings results on Tuesday, April 28th. The software maker reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.09 by $0.19. The business had revenue of $311.69 million during the quarter, compared to analyst estimates of $306.71 million. CommVault Systems had a net margin of 5.97% and a return on equity of 51.64%. The company’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same period in the previous year, the business earned $1.03 EPS. As a group, research analysts expect that CommVault Systems, Inc. will post 2.86 EPS for the current fiscal year.
More CommVault Systems News
Here are the key news stories impacting CommVault Systems this week:
- Positive Sentiment: Recent commentary says CVLT has extended its rally and is drawing renewed investor attention after a sharp share price surge, suggesting momentum traders may be supporting the stock. Is It Too Late To Consider Commvault Systems (CVLT) After The Recent Share Price Surge?
- Neutral Sentiment: CVLT posted solid quarterly results earlier this year, beating earnings and revenue expectations, which may still be helping investor sentiment around the business fundamentals.
- Negative Sentiment: Multiple law firms issued fresh notices about a securities class action against Commvault, with the case centered on alleged ARR guidance problems and a claimed 31% stock plunge after the January earnings report. Hagens Berman Alerts Commvault Systems, Inc. (CVLT) Investors: 31% Stock Plunge After Alleged ARR Miss Fuels Securities Class Action
- Negative Sentiment: Those legal updates also highlight an approaching July 17, 2026 lead-plaintiff deadline, keeping the lawsuit in focus and potentially weighing on the shares. CVLT Shareholder Alert: Investors With Losses May Seek to Lead the Class Action in Commvault Systems, Inc. Securities Lawsuit – Contact The Gross Law Firm
Insider Buying and Selling at CommVault Systems
In other CommVault Systems news, CEO Sanjay Mirchandani sold 8,450 shares of the business’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $99.13, for a total transaction of $837,648.50. Following the completion of the sale, the chief executive officer directly owned 306,927 shares in the company, valued at approximately $30,425,673.51. The trade was a 2.68% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 4,554 shares of the business’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $106.70, for a total transaction of $485,911.80. Following the sale, the chief financial officer owned 72,775 shares of the company’s stock, valued at approximately $7,765,092.50. This represents a 5.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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. In the last ninety days, insiders sold 65,077 shares of company stock worth $6,553,522. Insiders own 1.00% of the company’s stock.
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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