CommVault Systems, Inc. $CVLT Shares Sold by Lisanti Capital Growth LLC

Lisanti Capital Growth LLC trimmed its holdings in CommVault Systems, Inc. (NASDAQ:CVLT) by 9.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 36,435 shares of the software maker’s stock after selling 3,965 shares during the period. CommVault Systems accounts for approximately 1.8% of Lisanti Capital Growth LLC’s holdings, making the stock its 11th largest holding. Lisanti Capital Growth LLC owned approximately 0.08% of CommVault Systems worth $6,352,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. boosted its position in shares of CommVault Systems by 101.3% in the first quarter. SBI Securities Co. Ltd. now owns 159 shares of the software maker’s stock worth $25,000 after acquiring an additional 80 shares during the last quarter. Cullen Frost Bankers Inc. acquired a new position in shares of CommVault Systems in the 1st quarter valued at $27,000. Brooklyn Investment Group grew its stake in shares of CommVault Systems by 8,550.0% during the 1st quarter. Brooklyn Investment Group now owns 173 shares of the software maker’s stock valued at $27,000 after buying an additional 171 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in shares of CommVault Systems by 126.3% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 516 shares of the software maker’s stock worth $81,000 after buying an additional 288 shares during the last quarter. Finally, Reyes Financial Architecture Inc. acquired a new stake in shares of CommVault Systems during the 2nd quarter worth $98,000. Hedge funds and other institutional investors own 93.50% of the company’s stock.

Insider Buying and Selling

In other news, insider Gary Merrill sold 15,244 shares of the stock in a transaction on Friday, September 12th. The stock was sold at an average price of $178.01, for a total transaction of $2,713,584.44. Following the completion of the sale, the insider owned 71,837 shares in the company, valued at approximately $12,787,704.37. This represents a 17.51% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Sanjay Mirchandani sold 11,320 shares of CommVault Systems stock in a transaction on Monday, August 18th. The stock was sold at an average price of $177.83, for a total value of $2,013,035.60. Following the completion of the transaction, the chief executive officer owned 458,361 shares in the company, valued at $81,510,336.63. The trade was a 2.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 55,942 shares of company stock worth $10,019,157 over the last three months. Corporate insiders own 1.00% of the company’s stock.

CommVault Systems Trading Up 1.9%

CommVault Systems stock opened at $127.44 on Friday. CommVault Systems, Inc. has a 12-month low of $121.45 and a 12-month high of $200.68. The company has a debt-to-equity ratio of 4.18, a current ratio of 2.53 and a quick ratio of 1.24. The stock has a market capitalization of $5.62 billion, a PE ratio of 71.60 and a beta of 0.68. The firm has a 50 day simple moving average of $172.56 and a 200-day simple moving average of $175.58.

CommVault Systems (NASDAQ:CVLT) last released its earnings results 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 return on equity of 31.53% and a net margin of 7.32%.The firm had revenue of $276.19 million during the quarter, compared to analyst estimates of $273.31 million. During the same quarter last year, the company earned $0.83 earnings per share. The business’s revenue for the quarter was up 18.4% on a year-over-year basis. CommVault Systems has set its Q3 2026 guidance at EPS. FY 2026 guidance at EPS. As a group, equities research analysts expect that CommVault Systems, Inc. will post 1.65 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on CVLT. DA Davidson increased their target price on shares of CommVault Systems from $200.00 to $220.00 and gave the stock a “buy” rating in a research report on Wednesday, July 30th. Robert W. Baird assumed coverage on shares of CommVault Systems in a research report on Monday, October 27th. They set an “outperform” rating and a $215.00 price target for the company. Guggenheim restated a “buy” rating and set a $220.00 price objective on shares of CommVault Systems in a research note on Thursday, October 16th. KeyCorp lowered 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 note on Wednesday, October 29th. Finally, Royal Bank Of Canada cut their price target on CommVault Systems from $217.00 to $167.00 and set a “sector perform” rating on the stock in a report on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price 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.