CommVault Systems (NASDAQ:CVLT – Get Free Report) had its price target upped by research analysts at Mizuho from $140.00 to $175.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage currently has an “outperform” rating on the software maker’s stock. Mizuho’s price target points to a potential upside of 16.85% from the company’s previous close.
Other equities analysts have also recently issued reports about the company. Royal Bank Of Canada raised their price objective on CommVault Systems from $100.00 to $110.00 and gave the company a “sector perform” rating in a report on Wednesday, April 29th. William Blair reiterated a “market perform” rating on shares of CommVault Systems in a research report on Monday, March 23rd. Scotiabank lifted their price target on shares of CommVault Systems from $105.00 to $110.00 and gave the stock a “sector perform” rating in a research note on Wednesday, April 29th. Loop Capital assumed coverage on shares of CommVault Systems in a report on Tuesday, March 24th. They issued a “buy” rating and a $125.00 price objective for the company. Finally, Zacks Research cut shares of CommVault Systems from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, CommVault Systems presently has a consensus rating of “Moderate Buy” and an average price target of $142.00.
View Our Latest Research Report on CVLT
CommVault Systems Stock Up 2.5%
CommVault Systems (NASDAQ:CVLT – Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The software maker reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.09 by $0.19. CommVault Systems had a return on equity of 51.64% and a net margin of 5.97%.The business had revenue of $311.69 million for the quarter, compared to the consensus estimate of $306.71 million. During the same quarter last year, the business posted $1.03 earnings per share. The company’s revenue for the quarter was up 13.3% on a year-over-year basis. As a group, research analysts anticipate that CommVault Systems will post 2.88 EPS for the current fiscal year.
Insider Activity at CommVault Systems
In related news, CAO Danielle Nicole Abrahamsen sold 254 shares of the stock in a transaction dated Thursday, July 2nd. The stock was sold at an average price of $150.00, for a total transaction of $38,100.00. Following the completion of the sale, the chief accounting officer directly owned 13,156 shares in the company, valued at $1,973,400. This represents a 1.89% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sanjay Mirchandani sold 8,450 shares of CommVault Systems stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $99.13, for a total value of $837,648.50. Following the completion of the transaction, the chief executive officer directly owned 306,927 shares in the company, valued at $30,425,673.51. This trade represents a 2.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 55,279 shares of company stock worth $5,786,557 in the last ninety days. 0.86% of the stock is owned by company insiders.
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in the company. Handelsbanken Fonder AB boosted its position in CommVault Systems by 24.1% during the 2nd quarter. Handelsbanken Fonder AB now owns 18,530 shares of the software maker’s stock valued at $2,626,000 after buying an additional 3,600 shares during the period. Evanson Financial LLC purchased a new position in shares of CommVault Systems in the second quarter valued at about $383,000. GAMMA Investing LLC increased its position in shares of CommVault Systems by 18.6% in the second quarter. GAMMA Investing LLC now owns 1,559 shares of the software maker’s stock valued at $221,000 after acquiring an additional 245 shares during the period. Harbor Investment Advisory LLC bought a new position in shares of CommVault Systems during the second quarter valued at about $90,000. Finally, Moody National Bank Trust Division bought a new position in shares of CommVault Systems during the second quarter valued at about $312,000. 93.50% of the stock is owned by hedge funds and other institutional investors.
Key Stories Impacting CommVault Systems
Here are the key news stories impacting CommVault Systems this week:
- Positive Sentiment: KeyCorp raised its price target on Commvault to $175 from $125 and kept an overweight rating, implying meaningful upside from recent trading levels. KeyCorp raises CVLT price target
- Positive Sentiment: Mizuho also lifted its target to $175 from $140 and maintained an outperform rating, reinforcing a constructive analyst view on the stock. Mizuho raises CVLT price target
- Neutral Sentiment: Commvault said an IDC-sponsored survey highlights identity-management gaps in agentic AI deployments, a theme that supports the company’s security and resilience positioning but does not appear to be a major immediate catalyst. Commvault AI/identity management survey
- Negative Sentiment: Multiple law firms issued repeated reminders that the July 17, 2026 lead-plaintiff deadline is approaching in a securities-fraud class action against Commvault, keeping legal overhang and headline risk front and center for investors. Commvault securities fraud deadline reminder
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.
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