CommVault Systems (NASDAQ:CVLT) Rating Increased to Strong-Buy at Wall Street Zen

CommVault Systems (NASDAQ:CVLT) was upgraded by investment analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a report released on Saturday.

Other analysts also recently issued research reports about the stock. Piper Sandler increased their target price on shares of CommVault Systems from $168.00 to $170.00 and gave the company a “neutral” rating in a research report on Monday, July 14th. Guggenheim set a $220.00 price target on CommVault Systems in a report on Tuesday, July 29th. KeyCorp increased their price target on CommVault Systems from $195.00 to $225.00 and gave the stock an “overweight” rating in a report on Wednesday, July 30th. Royal Bank Of Canada increased their price target on CommVault Systems from $185.00 to $217.00 and gave the stock a “sector perform” rating in a report on Wednesday, July 30th. Finally, Wells Fargo & Company increased their price target on CommVault Systems from $190.00 to $220.00 and gave the stock an “overweight” rating in a report on Wednesday, July 30th. Six equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $205.63.

CommVault Systems Stock Performance

NASDAQ:CVLT opened at $175.96 on Friday. The company has a market capitalization of $7.82 billion, a PE ratio of 97.76 and a beta of 0.74. The company has a 50 day simple moving average of $178.45 and a two-hundred day simple moving average of $171.62. CommVault Systems has a fifty-two week low of $128.07 and a fifty-two week high of $200.68.

CommVault Systems (NASDAQ:CVLT) last released its earnings results 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. The business had revenue of $281.98 million during the quarter, compared to the consensus estimate of $267.83 million. CommVault Systems had a net margin of 7.70% and a return on equity of 30.83%. The business’s quarterly 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. Research analysts predict that CommVault Systems will post 1.65 EPS for the current year.

Insider Transactions at CommVault Systems

In related news, CFO Jennifer Leigh Dirico sold 14,909 shares of the stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $182.22, for a total value of $2,716,717.98. Following the transaction, the chief financial officer directly owned 45,143 shares in the company, valued at $8,225,957.46. This trade represents a 24.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Gary Merrill sold 2,628 shares of the stock in a transaction on Monday, August 18th. The stock was sold at an average price of $178.03, for a total value of $467,862.84. Following the completion of the transaction, the insider owned 87,081 shares in the company, valued at approximately $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 40,698 shares of company stock valued at $7,305,573 in the last 90 days. 1.00% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On CommVault Systems

Large investors have recently bought and sold shares of the stock. SBI Securities Co. Ltd. lifted its stake in CommVault Systems by 101.3% during the 1st quarter. SBI Securities Co. Ltd. now owns 159 shares of the software maker’s stock valued at $25,000 after acquiring an additional 80 shares in the last quarter. Cullen Frost Bankers Inc. bought a new position in CommVault Systems during the 1st quarter valued at $27,000. Whipplewood Advisors LLC lifted its stake in CommVault Systems by 584.0% during the 1st quarter. Whipplewood Advisors LLC now owns 171 shares of the software maker’s stock valued at $27,000 after acquiring an additional 146 shares in the last quarter. Brooklyn Investment Group lifted its stake in CommVault Systems by 8,550.0% during the 1st quarter. Brooklyn Investment Group now owns 173 shares of the software maker’s stock valued at $27,000 after acquiring an additional 171 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB lifted its stake in CommVault Systems by 208.3% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 185 shares of the software maker’s stock valued at $29,000 after acquiring an additional 125 shares in the last quarter. 93.50% of the stock is currently owned by institutional investors.

About CommVault Systems

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.