Global Retirement Partners LLC Invests $479,000 in CommVault Systems, Inc. $CVLT

Global Retirement Partners LLC purchased a new stake in CommVault Systems, Inc. (NASDAQ:CVLT) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 2,749 shares of the software maker’s stock, valued at approximately $479,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of CVLT. Nuveen LLC acquired a new position in CommVault Systems in the first quarter valued at approximately $116,223,000. Westfield Capital Management Co. LP acquired a new position in CommVault Systems during the 2nd quarter valued at approximately $58,183,000. Champlain Investment Partners LLC bought a new position in CommVault Systems during the 1st quarter worth $47,361,000. Wellington Management Group LLP bought a new position in CommVault Systems during the 1st quarter worth $22,540,000. Finally, Invesco Ltd. increased its position in CommVault Systems by 7.1% in the first quarter. Invesco Ltd. now owns 1,777,307 shares of the software maker’s stock worth $280,388,000 after buying an additional 117,199 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 $123.55 on Friday. CommVault Systems, Inc. has a 12 month low of $116.33 and a 12 month high of $200.68. The firm has a market capitalization of $5.45 billion, a PE ratio of 69.41 and a beta of 0.68. The company’s 50 day simple moving average is $154.53 and its 200 day simple moving average is $170.78. The company has a debt-to-equity ratio of 4.18, a current ratio of 2.53 and a quick ratio of 1.24.

CommVault Systems (NASDAQ:CVLT) last issued its quarterly earnings results on Tuesday, October 28th. The software maker reported $0.91 earnings per share (EPS) 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 for the quarter, compared to the consensus estimate of $273.31 million. During the same period in the previous year, the business posted $0.83 earnings per share. The business’s revenue for the quarter 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. As a group, equities research analysts forecast that CommVault Systems, Inc. will post 1.65 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms have recently commented on CVLT. Zacks Research lowered shares of CommVault Systems from a “strong-buy” rating to a “strong sell” rating in a research report on Friday, October 31st. KeyCorp decreased their target price on shares of CommVault Systems from $225.00 to $185.00 and set an “overweight” rating for the company in a research report on Wednesday, October 29th. DA Davidson reaffirmed a “buy” rating and set a $220.00 price target on shares of CommVault Systems in a report on Thursday, November 13th. Wall Street Zen downgraded CommVault Systems from a “buy” rating to a “hold” rating in a research report on Saturday, November 1st. Finally, Truist Financial lowered their target price on CommVault Systems from $230.00 to $210.00 and set a “buy” rating on the stock in a research report on Wednesday, October 29th. One 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $195.10.

Insider Transactions at CommVault Systems

In other news, insider Gary Merrill sold 15,244 shares of CommVault Systems stock in a transaction that occurred 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 transaction, the insider owned 71,837 shares of the company’s stock, valued at $12,787,704.37. The trade was a 17.51% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Sanjay Mirchandani sold 14,653 shares of the business’s stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $123.65, for a total transaction of $1,811,843.45. Following the completion of the sale, the chief executive officer owned 372,369 shares in the company, valued at $46,043,426.85. The trade was a 3.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 63,954 shares of company stock worth $9,611,898. Corporate insiders own 1.00% of the company’s stock.

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.