10,800 Shares in CommVault Systems, Inc. $CVLT Bought by Strs Ohio

Strs Ohio bought a new position in shares of CommVault Systems, Inc. (NASDAQ:CVLT) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 10,800 shares of the software maker’s stock, valued at approximately $1,704,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. increased its holdings in CommVault Systems by 101.3% in the first quarter. SBI Securities Co. Ltd. now owns 159 shares of the software maker’s stock valued at $25,000 after buying an additional 80 shares in the last quarter. Cullen Frost Bankers Inc. acquired a new stake in shares of CommVault Systems in the first quarter valued at about $27,000. Whipplewood Advisors LLC grew its position in shares of CommVault Systems by 584.0% in the first quarter. Whipplewood Advisors LLC now owns 171 shares of the software maker’s stock valued at $27,000 after purchasing an additional 146 shares during the period. Brooklyn Investment Group grew its position in shares of CommVault Systems by 8,550.0% in the first quarter. Brooklyn Investment Group now owns 173 shares of the software maker’s stock valued at $27,000 after purchasing an additional 171 shares during the period. Finally, MassMutual Private Wealth & Trust FSB grew its position in shares of CommVault Systems by 208.3% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 185 shares of the software maker’s stock valued at $29,000 after purchasing an additional 125 shares during the period. Hedge funds and other institutional investors own 93.50% of the company’s stock.

Insider Activity at CommVault Systems

In other news, insider Gary Merrill sold 15,244 shares of the company’s stock in a transaction on Friday, September 12th. The shares were sold at an average price of $178.01, for a total value of $2,713,584.44. Following the completion of the transaction, the insider owned 71,837 shares in the company, valued at approximately $12,787,704.37. This represents a 17.51% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Sanjay Mirchandani sold 11,320 shares of the company’s 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 completion of the transaction, the chief executive officer owned 458,361 shares of the company’s stock, valued at approximately $81,510,336.63. The trade was a 2.41% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 55,942 shares of company stock worth $10,019,157. Corporate insiders own 1.00% of the company’s stock.

CommVault Systems Trading Up 0.1%

Shares of NASDAQ:CVLT opened at $189.67 on Wednesday. CommVault Systems, Inc. has a 52 week low of $128.07 and a 52 week high of $200.68. The company’s 50 day moving average is $179.11 and its two-hundred day moving average is $171.89. The company has a market cap of $8.43 billion, a PE ratio of 105.37 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 EPS 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 company had revenue of $281.98 million for the quarter, compared to the consensus estimate of $267.83 million. CommVault Systems’s quarterly revenue was up 26% on a year-over-year basis. CommVault Systems has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. As a group, equities research analysts expect that CommVault Systems, Inc. will post 1.65 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Royal Bank Of Canada boosted their price target on shares of CommVault Systems from $185.00 to $217.00 and gave the stock a “sector perform” rating in a research report on Wednesday, July 30th. KeyCorp boosted their price target on shares of CommVault Systems from $195.00 to $225.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 30th. Wall Street Zen upgraded shares of CommVault Systems from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Guggenheim set a $220.00 target price on shares of CommVault Systems in a report on Tuesday, July 29th. Finally, DA Davidson boosted their target price on shares of CommVault Systems from $200.00 to $220.00 and gave the company a “buy” rating in a report on Wednesday, July 30th. Six analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, CommVault Systems presently has an average rating of “Moderate Buy” and a consensus target price of $205.63.

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.