Charles Schwab Investment Management Inc. Boosts Stock Position in CommVault Systems, Inc. $CVLT

Charles Schwab Investment Management Inc. lifted its stake in CommVault Systems, Inc. (NASDAQ:CVLT) by 2.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 569,345 shares of the software maker’s stock after purchasing an additional 11,148 shares during the quarter. Charles Schwab Investment Management Inc. owned about 1.28% of CommVault Systems worth $99,254,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Frank Rimerman Advisors LLC increased its stake in shares of CommVault Systems by 3.8% in the 1st quarter. Frank Rimerman Advisors LLC now owns 1,709 shares of the software maker’s stock worth $270,000 after acquiring an additional 63 shares during the last quarter. GAMMA Investing LLC grew its holdings in shares of 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 purchasing an additional 80 shares during the period. Vident Advisory LLC increased its position in CommVault Systems by 0.3% during the first quarter. Vident Advisory LLC now owns 27,107 shares of the software maker’s stock worth $4,276,000 after purchasing an additional 91 shares during the last quarter. Louisiana State Employees Retirement System raised its stake in CommVault Systems by 0.8% during the second quarter. Louisiana State Employees Retirement System now owns 12,400 shares of the software maker’s stock worth $2,162,000 after purchasing an additional 100 shares during the period. Finally, State of Michigan Retirement System raised its stake in CommVault Systems by 1.0% during the second quarter. State of Michigan Retirement System now owns 10,612 shares of the software maker’s stock worth $1,850,000 after purchasing an additional 100 shares during the period. Institutional investors and hedge funds own 93.50% of the company’s stock.

Insider Buying and Selling at CommVault Systems

In other CommVault Systems news, CFO Jennifer Leigh Dirico sold 830 shares of the stock in a transaction that occurred on Tuesday, November 18th. The shares were sold at an average price of $123.58, for a total transaction of $102,571.40. Following the sale, the chief financial officer directly owned 44,313 shares in the company, valued at $5,476,200.54. This represents a 1.84% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Sanjay Mirchandani sold 13,109 shares of the company’s stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $121.15, for a total value of $1,588,155.35. Following the sale, the chief executive officer directly owned 359,260 shares in the company, valued at $43,524,349. This represents a 3.52% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 63,954 shares of company stock valued at $9,611,898 over the last three months. 1.00% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

CVLT has been the subject of several analyst reports. Piper Sandler raised shares of CommVault Systems from a “neutral” rating to an “overweight” rating and increased their price target for the company from $195.00 to $200.00 in a research note on Monday, October 13th. Baird R W upgraded CommVault Systems to a “strong-buy” rating in a research report on Monday, October 27th. Wall Street Zen cut CommVault Systems from a “buy” rating to a “hold” rating in a research note on Saturday, November 1st. Guggenheim reaffirmed a “buy” rating and issued a $220.00 price target on shares of CommVault Systems in a research note on Thursday, October 16th. Finally, Robert W. Baird began coverage on CommVault Systems in a research report on Monday, October 27th. They set an “outperform” rating and a $215.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, CommVault Systems currently has a consensus rating of “Moderate Buy” and an average price target of $195.10.

CommVault Systems Stock Up 0.2%

NASDAQ:CVLT opened at $123.55 on Friday. The company has a quick ratio of 1.24, a current ratio of 2.53 and a debt-to-equity ratio of 4.18. The stock’s fifty day moving average is $154.53 and its two-hundred day moving average is $170.86. CommVault Systems, Inc. has a 52 week low of $116.33 and a 52 week high of $200.68. The stock has a market capitalization of $5.45 billion, a price-to-earnings ratio of 69.41 and a beta of 0.68.

CommVault Systems (NASDAQ:CVLT) last issued its quarterly earnings data on Tuesday, October 28th. The software maker reported $0.91 earnings per share for the quarter, missing analysts’ consensus estimates of $0.95 by ($0.04). CommVault Systems had a net margin of 7.32% and a return on equity of 31.53%. The firm had revenue of $276.19 million during the quarter, compared to analyst estimates of $273.31 million. During the same period in the previous year, the firm posted $0.83 earnings per share. The company’s quarterly 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. Research 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.