Counterpoint Mutual Funds LLC Invests $729,000 in CommVault Systems, Inc. $CVLT

Counterpoint Mutual Funds LLC purchased a new position in shares of CommVault Systems, Inc. (NASDAQ:CVLT) in the 2nd quarter, HoldingsChannel reports. The institutional investor purchased 4,182 shares of the software maker’s stock, valued at approximately $729,000.

Several other hedge funds have also recently modified their holdings of CVLT. Cetera Investment Advisers lifted its holdings in shares of CommVault Systems by 11.6% during the fourth quarter. Cetera Investment Advisers now owns 1,716 shares of the software maker’s stock worth $259,000 after purchasing an additional 179 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of CommVault Systems by 20.6% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 135,710 shares of the software maker’s stock worth $20,480,000 after purchasing an additional 23,176 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of CommVault Systems during the fourth quarter worth $14,814,000. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of CommVault Systems by 26.5% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 4,082 shares of the software maker’s stock worth $616,000 after purchasing an additional 856 shares during the period. Finally, MassMutual Private Wealth & Trust FSB lifted its holdings in shares of CommVault Systems by 208.3% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 185 shares of the software maker’s stock worth $29,000 after purchasing an additional 125 shares during the period. 93.50% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other CommVault Systems news, insider Gary Merrill sold 15,244 shares of the company’s stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $178.01, for a total value of $2,713,584.44. Following the transaction, the insider directly owned 71,837 shares of the company’s stock, valued at $12,787,704.37. This represents a 17.51% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Sanjay Mirchandani sold 11,320 shares of the business’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 value of $2,013,035.60. Following the completion of the sale, the chief executive officer owned 458,361 shares of the company’s stock, valued at $81,510,336.63. This trade represents a 2.41% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 55,942 shares of company stock valued at $10,019,157. Company insiders own 1.00% of the company’s stock.

CommVault Systems Price Performance

NASDAQ CVLT opened at $193.72 on Tuesday. The business’s 50-day simple moving average is $180.96 and its 200-day simple moving average is $172.84. The firm has a market capitalization of $8.61 billion, a P/E ratio of 107.62 and a beta of 0.74. CommVault Systems, Inc. has a 1-year low of $128.07 and a 1-year high of $200.68.

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

Wall Street Analysts Forecast Growth

CVLT has been the subject of a number of recent analyst reports. Wall Street Zen downgraded CommVault Systems from a “strong-buy” rating to a “buy” rating in a report on Sunday. Royal Bank Of Canada raised their target price on CommVault Systems from $185.00 to $217.00 and gave the company a “sector perform” rating in a report on Wednesday, July 30th. Guggenheim set a $220.00 target price on CommVault Systems in a report on Tuesday, July 29th. Piper Sandler raised their target price on CommVault Systems from $168.00 to $170.00 and gave the company a “neutral” rating in a report on Monday, July 14th. Finally, Wells Fargo & Company raised their target price on CommVault Systems from $190.00 to $220.00 and gave the company an “overweight” rating in a report on Wednesday, July 30th. Six equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, CommVault Systems presently has a consensus rating of “Moderate Buy” and a consensus target price 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.