CommVault Systems, Inc. $CVLT Shares Sold by Amundi

Amundi reduced its stake in CommVault Systems, Inc. (NASDAQ:CVLT) by 33.5% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 32,739 shares of the software maker’s stock after selling 16,491 shares during the quarter. Amundi owned 0.07% of CommVault Systems worth $5,005,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Janney Montgomery Scott LLC acquired a new position in shares of CommVault Systems in the 1st quarter worth approximately $243,000. Asset Management One Co. Ltd. acquired a new stake in CommVault Systems during the 1st quarter worth approximately $1,229,000. Principal Financial Group Inc. lifted its holdings in CommVault Systems by 1.4% during the 1st quarter. Principal Financial Group Inc. now owns 122,042 shares of the software maker’s stock worth $19,253,000 after buying an additional 1,668 shares in the last quarter. Yorktown Management & Research Co Inc acquired a new stake in CommVault Systems during the 1st quarter worth approximately $260,000. Finally, Wedge Capital Management L L P NC lifted its holdings in CommVault Systems by 1,936.0% during the 1st quarter. Wedge Capital Management L L P NC now owns 360,355 shares of the software maker’s stock worth $56,850,000 after buying an additional 342,656 shares in the last quarter. 93.50% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at CommVault Systems

In related news, CEO Sanjay Mirchandani sold 11,320 shares of CommVault Systems stock in a transaction on Monday, August 18th. The shares were sold at an average price of $177.83, for a total transaction of $2,013,035.60. Following the sale, the chief executive officer directly owned 458,361 shares in the company, valued at $81,510,336.63. This trade represents a 2.41% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Gary Merrill sold 2,628 shares of CommVault Systems stock in a transaction on Monday, August 18th. The stock was sold at an average price of $178.03, for a total transaction of $467,862.84. Following the sale, the insider owned 87,081 shares in the company, valued at $15,503,030.43. This represents a 2.93% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 25,789 shares of company stock valued at $4,588,855 over the last quarter. 1.00% of the stock is owned by insiders.

CommVault Systems Trading Down 4.7%

Shares of CVLT opened at $176.45 on Thursday. CommVault Systems, Inc. has a twelve month low of $128.07 and a twelve month high of $200.68. The firm’s fifty day simple moving average is $178.28 and its 200-day simple moving average is $171.49. The firm has a market capitalization of $7.84 billion, a price-to-earnings ratio of 98.03 and a beta of 0.74.

CommVault Systems (NASDAQ:CVLT) last announced its quarterly earnings data on Tuesday, July 29th. The software maker reported $1.01 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $267.83 million. CommVault Systems’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. On average, analysts predict that CommVault Systems, Inc. will post 1.65 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. DA Davidson increased their target price on shares of CommVault Systems from $200.00 to $220.00 and gave the stock a “buy” rating in a report on Wednesday, July 30th. Guggenheim set a $220.00 target price on shares of CommVault Systems in a report on Tuesday, July 29th. KeyCorp increased their target price on shares of CommVault Systems from $195.00 to $225.00 and gave the stock an “overweight” rating in a report on Wednesday, July 30th. Wells Fargo & Company increased their target price on shares of CommVault Systems from $190.00 to $220.00 and gave the stock an “overweight” rating in a report on Wednesday, July 30th. Finally, Wall Street Zen lowered shares of CommVault Systems from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 9th. Six analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $205.63.

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.