Congress Asset Management Co. Boosts Stock Position in CommVault Systems, Inc. $CVLT

Congress Asset Management Co. raised its holdings in CommVault Systems, Inc. (NASDAQ:CVLT) by 7.8% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 643,509 shares of the software maker’s stock after acquiring an additional 46,511 shares during the quarter. Congress Asset Management Co. owned approximately 1.46% of CommVault Systems worth $80,670,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. State of Wyoming purchased a new stake in CommVault Systems in the 2nd quarter valued at about $35,000. Banque Cantonale Vaudoise purchased a new position in shares of CommVault Systems during the third quarter valued at $39,000. Cullen Frost Bankers Inc. increased its stake in shares of CommVault Systems by 43.8% during the third quarter. Cullen Frost Bankers Inc. now owns 243 shares of the software maker’s stock valued at $46,000 after buying an additional 74 shares during the period. Assetmark Inc. raised its holdings in shares of CommVault Systems by 2,950.0% in the third quarter. Assetmark Inc. now owns 244 shares of the software maker’s stock valued at $46,000 after acquiring an additional 236 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of CommVault Systems by 188.3% in the second quarter. EverSource Wealth Advisors LLC now owns 271 shares of the software maker’s stock valued at $47,000 after acquiring an additional 177 shares in the last quarter. Hedge funds and other institutional investors own 93.50% of the company’s stock.

CommVault Systems Stock Up 1.7%

CommVault Systems stock opened at $80.79 on Tuesday. The business’s 50-day moving average price is $92.97 and its 200 day moving average price is $128.70. The company has a quick ratio of 2.34, a current ratio of 2.34 and a debt-to-equity ratio of 4.06. The firm has a market cap of $3.55 billion, a price-to-earnings ratio of 41.64 and a beta of 0.59. CommVault Systems, Inc. has a 52 week low of $76.99 and a 52 week high of $200.68.

CommVault Systems (NASDAQ:CVLT) last announced its quarterly earnings results on Tuesday, January 27th. The software maker reported $1.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.19. The company had revenue of $313.83 million during the quarter, compared to the consensus estimate of $299.07 million. CommVault Systems had a return on equity of 37.38% and a net margin of 7.58%.CommVault Systems’s revenue for the quarter was up 19.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.94 earnings per share. As a group, sell-side analysts anticipate that CommVault Systems, Inc. will post 1.65 earnings per share for the current year.

Insider Buying and Selling at CommVault Systems

In other CommVault Systems news, CEO Sanjay Mirchandani sold 10,338 shares of CommVault Systems stock in a transaction on Monday, March 16th. The shares were sold at an average price of $78.96, for a total value of $816,288.48. Following the completion of the transaction, the chief executive officer owned 342,581 shares of the company’s stock, valued at approximately $27,050,195.76. The trade was a 2.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Gary Merrill sold 2,593 shares of the company’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $90.28, for a total transaction of $234,096.04. Following the completion of the transaction, the insider owned 64,725 shares of the company’s stock, valued at approximately $5,843,373. This trade represents a 3.85% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 31,355 shares of company stock valued at $2,613,165. Company insiders own 1.00% of the company’s stock.

More CommVault Systems News

Here are the key news stories impacting CommVault Systems this week:

• Positive Sentiment: Expanded Microsoft security integration — Commvault announced deeper integrations with Microsoft Sentinel and Microsoft Security Copilot to link AI threat detection, investigation and “trusted recovery,” which can drive enterprise demand for its resilience platform and create upsell opportunities. Article Title
• Positive Sentiment: Positive analyst/industry take on AI security moat — Coverage highlighting Commvault’s “AI-aware” data security argues the product roadmap strengthens its resilience moat, supporting longer-term revenue potential in a security-conscious market. Article Title
• Positive Sentiment: Institutional buying — Cinctive Capital disclosed a new $19.8M position (157,815 shares) in Q4, signaling confidence from a sizable investor and potentially supporting demand for the stock. Article Title
• Positive Sentiment: Analyst consensus leans constructive — Market coverage shows a “Moderate Buy” consensus from ~14 analysts (majority buy ratings), which supports positive sentiment among investors and brokers. Article Title
• Positive Sentiment: Near-term outperformance noted — Commentary from market outlets flagged that CVLT outperformed the broader market in the latest session, reflecting the combined effect of the above newsflow. Article Title
• Neutral Sentiment: Brand/marketing initiative — Commvault and TIME launched a “CISO of the Year” award to spotlight cyber resilience leaders; useful for branding and enterprise relationships but unlikely to produce immediate revenue impact. Article Title
• Neutral Sentiment: Rating reaffirmation — William Blair reiterated a “market perform” rating (neutral), which tempers upside expectations from that firm but is not a downgrade. Article Title
• Neutral Sentiment: Short-interest data appears anomalous — Recent short-interest reporting shows zero reported short shares/ratio, which looks like unreliable or incomplete data and should not be interpreted as meaningful bearish pressure at this time.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on CVLT. Royal Bank Of Canada lowered their price target on shares of CommVault Systems from $167.00 to $100.00 and set a “sector perform” rating for the company in a research report on Wednesday, January 28th. Mizuho decreased their price target on shares of CommVault Systems from $180.00 to $140.00 and set an “outperform” rating for the company in a report on Wednesday, January 28th. William Blair reiterated a “market perform” rating on shares of CommVault Systems in a research note on Monday. Zacks Research raised shares of CommVault Systems from a “hold” rating to a “strong-buy” rating in a report on Friday, January 30th. Finally, DA Davidson cut their target price on CommVault Systems from $135.00 to $125.00 and set a “buy” rating on the stock in a research report on Tuesday, March 17th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $142.75.

CommVault Systems Company Profile

Commvault Systems, Inc is a global provider of data protection and information management software designed to help organizations manage, protect, and activate data across on-premises and cloud environments. Founded in 1996 and headquartered in Tinton Falls, New Jersey, Commvault offers a suite of integrated products and services that enable enterprises to back up, recover, archive, and analyze data. Its flagship solutions include Commvault Complete Data Protection, Commvault HyperScale, and the SaaS-based Metallic portfolio, which deliver scalable and automated data management capabilities across hybrid infrastructure environments.

Commvault’s platform is built on a unified architecture that allows customers to streamline operations, reduce complexity, and ensure data resiliency.