Bailard Inc. Makes New $704,000 Investment in CommVault Systems, Inc. $CVLT

Bailard Inc. purchased a new position in CommVault Systems, Inc. (NASDAQ:CVLT) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 4,039 shares of the software maker’s stock, valued at approximately $704,000.

Other hedge funds also recently modified their holdings of the company. Frank Rimerman Advisors LLC lifted its holdings in shares of CommVault Systems by 3.8% during the 1st quarter. Frank Rimerman Advisors LLC now owns 1,709 shares of the software maker’s stock valued at $270,000 after purchasing an additional 63 shares in the last quarter. SBI Securities Co. Ltd. raised its holdings in CommVault Systems by 101.3% during the 1st quarter. SBI Securities Co. Ltd. now owns 159 shares of the software maker’s stock worth $25,000 after buying an additional 80 shares during the period. GAMMA Investing LLC lifted its stake in CommVault Systems by 6.0% in the second quarter. GAMMA Investing LLC now owns 1,422 shares of the software maker’s stock valued at $248,000 after buying an additional 80 shares in the last quarter. Vident Advisory LLC lifted its stake in CommVault Systems by 0.3% in the first quarter. Vident Advisory LLC now owns 27,107 shares of the software maker’s stock valued at $4,276,000 after buying an additional 91 shares in the last quarter. Finally, Securian Asset Management Inc. boosted its holdings in shares of CommVault Systems by 3.0% in the first quarter. Securian Asset Management Inc. now owns 3,405 shares of the software maker’s stock valued at $537,000 after buying an additional 100 shares during the period. Institutional investors and hedge funds own 93.50% of the company’s stock.

CommVault Systems Price Performance

NASDAQ:CVLT opened at $127.38 on Friday. CommVault Systems, Inc. has a 1-year low of $121.45 and a 1-year high of $200.68. The company has a current ratio of 2.53, a quick ratio of 1.24 and a debt-to-equity ratio of 4.18. The firm has a fifty day simple moving average of $167.36 and a 200 day simple moving average of $174.31. The stock has a market capitalization of $5.62 billion, a PE ratio of 71.56 and a beta of 0.68.

CommVault Systems (NASDAQ:CVLT) last posted its quarterly earnings results on Tuesday, October 28th. The software maker reported $0.91 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.95 by ($0.04). CommVault Systems had a return on equity of 31.53% and a net margin of 7.32%.The firm had revenue of $448.85 million for the quarter, compared to the consensus estimate of $273.31 million. During the same period last year, the company posted $0.83 earnings per share. The business’s revenue was up 18.4% compared to the same quarter last year. CommVault Systems has set its Q3 2026 guidance at EPS. FY 2026 guidance at EPS. On average, research analysts expect that CommVault Systems, Inc. will post 1.65 EPS for the current fiscal year.

Insider Activity

In other CommVault Systems news, insider Gary Merrill sold 15,244 shares of the company’s stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $178.01, for a total value of $2,713,584.44. Following the sale, the insider owned 71,837 shares in the company, valued at $12,787,704.37. This represents a 17.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Sanjay Mirchandani sold 11,320 shares of the firm’s stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $177.83, for a total value of $2,013,035.60. Following the completion of the sale, the chief executive officer directly 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 55,942 shares of company stock valued at $10,019,157. Company insiders own 1.00% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently commented on CVLT. Baird R W upgraded shares of CommVault Systems to a “strong-buy” rating in a report on Monday, October 27th. Zacks Research downgraded CommVault Systems from a “strong-buy” rating to a “strong sell” rating in a research note on Friday, October 31st. DA Davidson restated a “buy” rating and issued a $220.00 price target on shares of CommVault Systems in a report on Thursday. Royal Bank Of Canada decreased their price objective on CommVault Systems from $217.00 to $167.00 and set a “sector perform” rating for the company in a report on Wednesday, October 29th. Finally, Piper Sandler raised CommVault Systems from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $195.00 to $200.00 in a research report on Monday, October 13th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, CommVault Systems has an average rating of “Moderate Buy” and an average price target of $195.10.

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.