CommVault Systems, Inc. $CVLT Shares Sold by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio lowered its stake in CommVault Systems, Inc. (NASDAQ:CVLT) by 12.1% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 26,554 shares of the software maker’s stock after selling 3,668 shares during the quarter. Public Employees Retirement System of Ohio owned 0.06% of CommVault Systems worth $4,629,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Counterpoint Mutual Funds LLC purchased a new stake in shares of CommVault Systems during the second quarter worth $729,000. Occidental Asset Management LLC grew its holdings in shares of CommVault Systems by 5.9% during the second quarter. Occidental Asset Management LLC now owns 2,044 shares of the software maker’s stock worth $356,000 after buying an additional 113 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of CommVault Systems by 6.0% during the second quarter. GAMMA Investing LLC now owns 1,422 shares of the software maker’s stock worth $248,000 after buying an additional 80 shares in the last quarter. U.S. Capital Wealth Advisors LLC purchased a new stake in shares of CommVault Systems during the second quarter worth $349,000. Finally, Abacus FCF Advisors LLC grew its holdings in shares of CommVault Systems by 1.7% during the second quarter. Abacus FCF Advisors LLC now owns 26,472 shares of the software maker’s stock worth $4,615,000 after buying an additional 448 shares in the last quarter. Institutional investors and hedge funds own 93.50% of the company’s stock.

Wall Street Analyst Weigh In

CVLT has been the subject of a number of research reports. DA Davidson upped 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. Royal Bank Of Canada boosted their price target on shares of CommVault Systems from $185.00 to $217.00 and gave the company a “sector perform” rating in a research report on Wednesday, July 30th. KeyCorp raised their price objective 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. Wells Fargo & Company lifted their target price on shares of CommVault Systems from $190.00 to $220.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 30th. Finally, Guggenheim set a $220.00 target price on shares of CommVault Systems in a research note on Tuesday, July 29th. Six research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, CommVault Systems currently has an average rating of “Moderate Buy” and a consensus target price of $205.63.

Insider Buying and Selling at CommVault Systems

In other news, insider Gary Merrill sold 15,244 shares of the stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $178.01, for a total transaction of $2,713,584.44. Following the sale, the insider owned 71,837 shares of the company’s stock, valued at approximately $12,787,704.37. This represents a 17.51% 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 the SEC website. Also, CEO Sanjay Mirchandani sold 11,320 shares of the stock in a transaction dated Monday, August 18th. The stock was 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 represents a 2.41% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 55,942 shares of company stock worth $10,019,157 over the last ninety days. Company insiders own 1.00% of the company’s stock.

CommVault Systems Price Performance

NASDAQ CVLT opened at $193.03 on Tuesday. The firm’s 50-day moving average is $182.91 and its two-hundred day moving average is $174.13. CommVault Systems, Inc. has a 12 month low of $128.07 and a 12 month high of $200.68. The stock has a market capitalization of $8.58 billion, a P/E ratio of 107.24 and a beta of 0.74.

CommVault Systems (NASDAQ:CVLT) last posted its earnings results on Tuesday, July 29th. The software maker reported $1.01 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.04. The company had revenue of $281.98 million for the quarter, compared to analysts’ expectations of $267.83 million. CommVault Systems had a net margin of 7.70% and a return on equity of 30.83%. 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. As a group, analysts anticipate that CommVault Systems, Inc. will post 1.65 EPS for the current year.

CommVault Systems 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.