Emerald Mutual Fund Advisers Trust lifted its holdings in shares of CommVault Systems, Inc. (NASDAQ:CVLT – Free Report) by 20.9% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 124,233 shares of the software maker’s stock after buying an additional 21,453 shares during the period. Emerald Mutual Fund Advisers Trust’s holdings in CommVault Systems were worth $9,677,000 at the end of the most recent quarter.
Several other hedge funds also recently modified their holdings of CVLT. State of Wyoming acquired a new stake in shares of CommVault Systems in the second quarter valued at about $35,000. FNY Investment Advisers LLC acquired a new position in CommVault Systems during the fourth quarter valued at approximately $36,000. Banque Cantonale Vaudoise acquired a new position in CommVault Systems during the third quarter valued at approximately $39,000. Assetmark Inc. grew its stake in CommVault Systems by 33.6% in the fourth quarter. Assetmark Inc. now owns 326 shares of the software maker’s stock valued at $41,000 after purchasing an additional 82 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in 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 purchasing an additional 177 shares in the last quarter. Institutional investors own 93.50% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently issued reports on CVLT shares. Jefferies Financial Group initiated coverage on CommVault Systems in a research note on Monday, April 27th. They set a “hold” rating and a $105.00 price objective on the stock. Robert W. Baird decreased their target price on shares of CommVault Systems from $185.00 to $160.00 and set an “outperform” rating for the company in a research note on Monday, April 13th. Royal Bank Of Canada boosted their target price on shares of CommVault Systems from $100.00 to $110.00 and gave the stock a “sector perform” rating in a report on Wednesday, April 29th. KeyCorp upped their price target on shares of CommVault Systems from $108.00 to $125.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Finally, Loop Capital assumed coverage on shares of CommVault Systems in a research note on Tuesday, March 24th. They issued a “buy” rating and a $125.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $136.33.
CommVault Systems Stock Performance
CVLT opened at $148.65 on Tuesday. The company has a quick ratio of 1.95, a current ratio of 1.95 and a debt-to-equity ratio of 117.54. CommVault Systems, Inc. has a 12-month low of $71.75 and a 12-month high of $200.68. The business has a 50 day moving average of $123.23 and a 200-day moving average of $105.69. The stock has a market cap of $6.16 billion, a price-to-earnings ratio of 93.49 and a beta of 0.79.
CommVault Systems (NASDAQ:CVLT – Get Free Report) last posted its earnings results on Tuesday, April 28th. The software maker reported $1.28 earnings per share for the quarter, topping 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 analyst estimates of $306.71 million. During the same period in the previous year, the firm earned $1.03 EPS. The firm’s revenue was up 13.3% compared to the same quarter last year. On average, equities research analysts expect that CommVault Systems, Inc. will post 2.88 earnings per share for the current year.
Insiders Place Their Bets
In other CommVault Systems news, CFO Gary Merrill sold 4,560 shares of the company’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $105.10, for a total value of $479,256.00. Following the transaction, the chief financial officer directly owned 72,507 shares in the company, valued at $7,620,485.70. The trade was a 5.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 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. Also, CAO Danielle Nicole Abrahamsen sold 1,065 shares of the stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $105.84, for a total transaction of $112,719.60. Following the completion of the transaction, the chief accounting officer directly owned 13,581 shares in the company, valued at $1,437,413.04. The trade was a 7.27% 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 a total of 55,279 shares of company stock valued at $5,786,557 over the last ninety days. 0.86% of the stock is currently owned by company insiders.
CommVault Systems News Roundup
Here are the key news stories impacting CommVault Systems this week:
- Negative Sentiment: Several law firms, including Rosen, Robbins Geller, Faruqi & Faruqi, Hagens Berman, and Bragar Eagel & Squire, reiterated the July 17 lead plaintiff deadline in ongoing securities class action cases against Commvault. Article: CVLT INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Reminds Investors of July 17, 2026 Lead Plaintiff Deadline
- Negative Sentiment: The class period was expanded in a newly filed securities lawsuit, which broadens the range of investors who may be affected and reinforces concerns about potential legal exposure for the company. Article: HBSS Alerts Commvault (CVLT) Investors to Expanded Class Period in Securities Class Action
- Neutral Sentiment: Additional law firms issued similar notices encouraging investors with losses to seek counsel or pursue lead plaintiff status before the July 17 deadline, adding to the negative legal overhang but not changing the underlying claims. Article: DEADLINE ALERT for PHR, SRAD, CVLT, VERI: Law Offices of Howard G. Smith Reminds Investors of Opportunity to Lead Securities Fraud Class Actions
About CommVault Systems
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.
Featured Articles
- Five stocks we like better than CommVault Systems
- The SK Hynix IPO and 2027’s AI Memory Squeeze
- Meta Platforms Stock Rises as Muse Spark 1.1 AI Model Debuts
- Why Welltower’s Growth Story Might Outrun Its Rich Valuation
- One Short- and One Long-Term ETF for Quantum Computing Bulls
Want to see what other hedge funds are holding CVLT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CommVault Systems, Inc. (NASDAQ:CVLT – Free Report).
Receive News & Ratings for CommVault Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CommVault Systems and related companies with MarketBeat.com's FREE daily email newsletter.
