CommVault Systems, Inc. $CVLT Shares Purchased by Vident Advisory LLC

Vident Advisory LLC lifted its stake in CommVault Systems, Inc. (NASDAQ:CVLT) by 0.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 27,107 shares of the software maker’s stock after purchasing an additional 91 shares during the period. Vident Advisory LLC owned approximately 0.06% of CommVault Systems worth $4,276,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. The Manufacturers Life Insurance Company lifted its stake in shares of CommVault Systems by 19.6% in the first quarter. The Manufacturers Life Insurance Company now owns 363,868 shares of the software maker’s stock valued at $57,404,000 after purchasing an additional 59,654 shares during the period. Driehaus Capital Management LLC lifted its stake in shares of CommVault Systems by 3.4% in the first quarter. Driehaus Capital Management LLC now owns 529,883 shares of the software maker’s stock valued at $83,594,000 after purchasing an additional 17,632 shares during the period. Champlain Investment Partners LLC acquired a new stake in shares of CommVault Systems in the first quarter valued at about $47,361,000. B. Metzler seel. Sohn & Co. AG lifted its stake in shares of CommVault Systems by 56.5% in the first quarter. B. Metzler seel. Sohn & Co. AG now owns 16,421 shares of the software maker’s stock valued at $2,591,000 after purchasing an additional 5,930 shares during the period. Finally, Ieq Capital LLC lifted its stake in shares of CommVault Systems by 29.0% in the first quarter. Ieq Capital LLC now owns 3,266 shares of the software maker’s stock valued at $515,000 after purchasing an additional 734 shares during the period. Institutional investors and hedge funds own 93.50% of the company’s stock.

Insider Buying and Selling

In related news, CEO Sanjay Mirchandani sold 11,320 shares of the company’s stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $177.83, for a total transaction of $2,013,035.60. Following the completion of the transaction, the chief executive officer owned 458,361 shares of the company’s stock, valued at approximately $81,510,336.63. This represents a 2.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Jennifer Leigh Dirico sold 11,151 shares of the company’s stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $178.03, for a total transaction of $1,985,212.53. Following the transaction, the chief financial officer directly owned 60,052 shares of the company’s stock, valued at $10,691,057.56. This trade represents a 15.66% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 25,099 shares of company stock valued at $4,466,111. Insiders own 1.00% of the company’s stock.

CommVault Systems Price Performance

Shares of NASDAQ CVLT opened at $186.65 on Friday. The company has a market cap of $8.30 billion, a PE ratio of 103.69 and a beta of 0.70. CommVault Systems, Inc. has a 12 month low of $128.07 and a 12 month high of $200.68. The company has a 50-day simple moving average of $177.01 and a 200-day simple moving average of $171.55.

CommVault Systems (NASDAQ:CVLT) last issued its quarterly earnings results on Tuesday, July 29th. The software maker reported $1.01 EPS for the quarter, topping analysts’ consensus estimates of $0.97 by $0.04. The business had revenue of $281.98 million during the quarter, compared to the consensus estimate of $267.83 million. CommVault Systems had a net margin of 7.70% and a return on equity of 30.83%. The firm’s revenue for the quarter was up 26% on a year-over-year basis. CommVault Systems has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. On average, analysts anticipate that CommVault Systems, Inc. will post 1.65 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on CVLT shares. DA Davidson raised their target price on shares of CommVault Systems from $200.00 to $220.00 and gave the company a “buy” rating in a report on Wednesday, July 30th. Wall Street Zen downgraded shares of CommVault Systems from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 9th. Wells Fargo & Company raised their target price on shares of CommVault Systems from $190.00 to $220.00 and gave the company an “overweight” rating in a report on Wednesday, July 30th. Piper Sandler raised their target price on shares of CommVault Systems from $168.00 to $170.00 and gave the company a “neutral” rating in a report on Monday, July 14th. Finally, Royal Bank Of Canada raised their target price on shares of CommVault Systems from $185.00 to $217.00 and gave the company a “sector perform” rating in a report on Wednesday, July 30th. Six research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, CommVault Systems currently has a consensus rating of “Moderate Buy” and an average price target of $205.63.

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.