CommVault Systems, Inc. $CVLT Position Trimmed by Lisanti Capital Growth LLC

Lisanti Capital Growth LLC decreased its holdings in CommVault Systems, Inc. (NASDAQ:CVLT) by 9.8% during the second quarter, Holdings Channel.com reports. The firm owned 36,435 shares of the software maker’s stock after selling 3,965 shares during the period. CommVault Systems comprises about 1.8% of Lisanti Capital Growth LLC’s portfolio, making the stock its 11th biggest holding. Lisanti Capital Growth LLC’s holdings in CommVault Systems were worth $6,352,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Versor Investments LP lifted its holdings in CommVault Systems by 158.6% in the 2nd quarter. Versor Investments LP now owns 4,396 shares of the software maker’s stock worth $766,000 after purchasing an additional 2,696 shares during the last quarter. Beacon Harbor Wealth Advisors Inc. bought a new stake in shares of CommVault Systems during the 1st quarter worth $5,881,000. New York Life Investment Management LLC bought a new stake in shares of CommVault Systems during the 2nd quarter worth $799,000. Raymond James Financial Inc. lifted its position in CommVault Systems by 178.6% during the 1st quarter. Raymond James Financial Inc. now owns 51,966 shares of the software maker’s stock worth $8,199,000 after acquiring an additional 33,315 shares during the last quarter. Finally, Emerald Mutual Fund Advisers Trust grew its position in shares of CommVault Systems by 18.4% in the second quarter. Emerald Mutual Fund Advisers Trust now owns 42,411 shares of the software maker’s stock valued at $7,394,000 after purchasing an additional 6,599 shares during the last quarter. 93.50% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

CVLT has been the subject of a number of research analyst reports. Wells Fargo & Company cut their price target on CommVault Systems from $220.00 to $190.00 and set an “overweight” rating for the company in a report on Wednesday, October 29th. Wall Street Zen cut shares of CommVault Systems from a “buy” rating to a “hold” rating in a research note on Saturday, November 1st. Zacks Research lowered shares of CommVault Systems from a “strong-buy” rating to a “strong sell” rating in a research report on Friday, October 31st. Baird R W raised shares of CommVault Systems to a “strong-buy” rating in a research report on Monday, October 27th. Finally, DA Davidson lifted their target price on CommVault Systems from $200.00 to $220.00 and gave the stock a “buy” rating in a research report on Wednesday, July 30th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $195.10.

Insiders Place Their Bets

In other CommVault Systems news, CFO Jennifer Leigh Dirico sold 14,909 shares of CommVault Systems stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $182.22, for a total value of $2,716,717.98. Following the completion of the transaction, the chief financial officer owned 45,143 shares in the company, valued at approximately $8,225,957.46. The trade was a 24.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Gary Merrill sold 15,244 shares of the business’s stock in a transaction dated 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 transaction, the insider directly owned 71,837 shares of the company’s stock, valued at approximately $12,787,704.37. This represents a 17.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 55,942 shares of company stock valued at $10,019,157 over the last quarter. 1.00% of the stock is owned by insiders.

CommVault Systems Price Performance

NASDAQ:CVLT opened at $127.44 on Friday. The company has a market capitalization of $5.62 billion, a price-to-earnings ratio of 71.60 and a beta of 0.68. The company has a debt-to-equity ratio of 4.18, a quick ratio of 1.24 and a current ratio of 2.53. CommVault Systems, Inc. has a 52 week low of $121.45 and a 52 week high of $200.68. The company has a 50-day moving average of $172.56 and a 200-day moving average of $175.58.

CommVault Systems (NASDAQ:CVLT) last released its quarterly earnings data on Tuesday, October 28th. The software maker reported $0.91 earnings per share for the quarter, missing the consensus estimate of $0.95 by ($0.04). The company had revenue of $276.19 million during the quarter, compared to the consensus estimate of $273.31 million. CommVault Systems had a net margin of 7.32% and a return on equity of 31.53%. The company’s revenue for the quarter was up 18.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.83 earnings per share. CommVault Systems has set its Q3 2026 guidance at EPS. FY 2026 guidance at EPS. As a group, equities research analysts anticipate that CommVault Systems, Inc. will post 1.65 earnings per share for the current fiscal year.

CommVault Systems Company Profile

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.