Cetera Investment Advisers Buys 476 Shares of CommVault Systems, Inc. $CVLT

Cetera Investment Advisers grew its stake in CommVault Systems, Inc. (NASDAQ:CVLT) by 27.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,192 shares of the software maker’s stock after acquiring an additional 476 shares during the period. Cetera Investment Advisers’ holdings in CommVault Systems were worth $346,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. Northern Trust Corp raised its stake in shares of CommVault Systems by 9.8% during the fourth quarter. Northern Trust Corp now owns 651,973 shares of the software maker’s stock worth $98,389,000 after buying an additional 58,239 shares during the last quarter. Congress Asset Management Co. raised its stake in shares of CommVault Systems by 7.7% during the first quarter. Congress Asset Management Co. now owns 560,442 shares of the software maker’s stock worth $88,415,000 after buying an additional 40,064 shares during the last quarter. Fuller & Thaler Asset Management Inc. raised its stake in shares of CommVault Systems by 14.6% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 517,273 shares of the software maker’s stock worth $78,062,000 after buying an additional 65,822 shares during the last quarter. Driehaus Capital Management LLC raised its stake in shares of CommVault Systems by 20.8% during the fourth quarter. Driehaus Capital Management LLC now owns 512,251 shares of the software maker’s stock worth $77,304,000 after buying an additional 88,232 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD raised its stake in shares of CommVault Systems by 21.4% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 492,045 shares of the software maker’s stock worth $74,255,000 after buying an additional 86,736 shares during the last quarter. 93.50% of the stock is owned by institutional investors.

Analyst Ratings Changes

CVLT has been the subject of a number of recent research reports. DA Davidson boosted their price target on shares of CommVault Systems from $200.00 to $220.00 and gave the stock a “buy” rating in a research note on Wednesday, July 30th. Oppenheimer boosted their price objective on shares of CommVault Systems from $180.00 to $200.00 and gave the company an “outperform” rating in a report on Wednesday, April 30th. Wall Street Zen cut shares of CommVault Systems from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 9th. Royal Bank Of Canada boosted their price objective on shares of CommVault Systems from $185.00 to $217.00 and gave the company a “sector perform” rating in a report on Wednesday, July 30th. Finally, KeyCorp boosted their price objective on shares of CommVault Systems from $195.00 to $225.00 and gave the company an “overweight” rating in a report on Wednesday, July 30th. Six research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, CommVault Systems currently has a consensus rating of “Moderate Buy” and a consensus price target of $205.63.

CommVault Systems Stock Down 2.0%

CommVault Systems stock opened at $176.10 on Wednesday. The stock has a market capitalization of $7.83 billion, a PE ratio of 97.83 and a beta of 0.70. CommVault Systems, Inc. has a twelve month low of $128.07 and a twelve month high of $200.68. The company has a 50 day moving average of $177.36 and a 200-day moving average of $171.10.

CommVault Systems (NASDAQ:CVLT) last announced its earnings results on Tuesday, July 29th. The software maker reported $1.01 EPS for the quarter, topping the consensus estimate of $0.97 by $0.04. CommVault Systems had a net margin of 7.70% and a return on equity of 30.83%. The business had revenue of $281.98 million during the quarter, compared to analysts’ expectations of $267.83 million. The business’s revenue was up 26% compared to the same quarter last year. CommVault Systems has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. Equities analysts anticipate that CommVault Systems, Inc. will post 1.65 EPS for the current fiscal year.

Insider Buying and Selling at CommVault Systems

In other news, insider Gary Merrill sold 1,748 shares of the stock in a transaction dated Thursday, May 22nd. The shares were sold at an average price of $174.91, for a total value of $305,742.68. Following the transaction, the insider directly owned 89,923 shares of the company’s stock, valued at $15,728,431.93. This represents a 1.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Sanjay Mirchandani sold 1,709 shares of the stock in a transaction dated Thursday, May 22nd. The shares were sold at an average price of $175.00, for a total transaction of $299,075.00. Following the completion of the transaction, the chief executive officer directly owned 469,648 shares in the company, valued at $82,188,400. The trade was a 0.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.00% of the company’s stock.

CommVault Systems Company Profile

Commvault Systems, Inc provides data protection platform that helps customers to secure, defend, and recover their data in the United States and internationally. The company offers Commvault Backup and Recovery, a backup and recovery solution; Commvault Disaster Recovery, a replication and disaster recovery solution; Commvault Complete Data Protection, a data protection solution; and Metallic Data Protection as-a-service, which delivers enterprise-grade data protection as a service on a cloud platform, with advanced built-in security controls.