Diversify Advisory Services LLC Takes Position in CommVault Systems, Inc. $CVLT

Diversify Advisory Services LLC acquired a new stake in CommVault Systems, Inc. (NASDAQ:CVLT) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 11,495 shares of the software maker’s stock, valued at approximately $1,718,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in CVLT. Meeder Advisory Services Inc. bought a new stake in CommVault Systems during the 2nd quarter worth about $247,000. Citizens Financial Group Inc. RI acquired a new stake in CommVault Systems during the 2nd quarter worth $358,000. Buckland Partners Management Co LLC bought a new position in shares of CommVault Systems during the 2nd quarter valued at about $425,000. K.J. Harrison & Partners Inc bought a new position in CommVault Systems in the second quarter valued at approximately $3,543,000. Finally, BlackRock Inc. bought a new stake in CommVault Systems in the 2nd quarter valued at $855,420,000. Institutional investors own 93.50% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on CVLT. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $132.00 price target on shares of CommVault Systems in a research note on Monday, July 27th. Wolfe Research started coverage on CommVault Systems in a research note on Friday, May 1st. They issued a “peer perform” rating on the stock. UBS Group reaffirmed a “neutral” rating on shares of CommVault Systems in a report on Monday, July 27th. Wall Street Zen cut CommVault Systems from a “buy” rating to a “hold” rating in a report on Saturday, August 15th. Finally, Royal Bank Of Canada increased their target price on CommVault Systems from $100.00 to $110.00 and gave the stock a “sector perform” rating in a research note on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $152.47.

Insider Activity at CommVault Systems

In other news, CAO Danielle Nicole Abrahamsen sold 486 shares of CommVault Systems stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $142.80, for a total transaction of $69,400.80. Following the sale, the chief accounting officer directly owned 12,160 shares of the company’s stock, valued at approximately $1,736,448. This trade represents a 3.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 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, Director A Shane Sanders sold 476 shares of the company’s stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $134.19, for a total value of $63,874.44. Following the completion of the transaction, the director directly owned 8,696 shares of the company’s stock, valued at $1,166,916.24. This represents a 5.19% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 38,311 shares of company stock valued at $5,172,467. 0.86% of the stock is owned by company insiders.

CommVault Systems News Summary

Here are the key news stories impacting CommVault Systems this week:

• Positive Sentiment: Commvault expanded its Cloud Rewind offering with broader Microsoft Azure resource coverage, aiming to help customers protect and recover cloud-native and AI-driven applications after cyberattacks or outages. The announcement supports the company’s positioning in the growing data resilience, cloud protection and AI infrastructure markets. Commvault Advances AI and Cloud Application Resilience with Expanded Cloud Rewind Coverage
• Positive Sentiment: Analysts assign Commvault a consensus rating of “Moderate Buy,” indicating that overall Wall Street sentiment remains favorable despite recent selling pressure. CommVault Systems Given Consensus Rating of Moderate Buy
• Neutral Sentiment: CEO Sanjay Mirchandani, CFO Gary Merrill and Chief Accounting Officer Danielle Abrahamsen reported sales of company stock during August 17–19. The transactions were executed under pre-arranged Rule 10b5-1 plans and were specifically described as sales to cover tax-withholding obligations from vested equity awards, reducing their significance as a discretionary bearish signal. Executives continue to own substantial positions.
• Negative Sentiment: Bernstein Liebhard announced an investigation into potential breaches of fiduciary duty by certain Commvault directors and officers. The investigation is at an early stage and does not establish wrongdoing, but it introduces legal and governance uncertainty that could weigh on investor sentiment. CommVault Shareholder Investigation Alert

CommVault Systems Stock Performance

Shares of NASDAQ:CVLT opened at $137.32 on Thursday. CommVault Systems, Inc. has a 1 year low of $71.75 and a 1 year high of $198.18. The stock has a market capitalization of $5.69 billion, a price-to-earnings ratio of 87.46 and a beta of 0.81. The company has a debt-to-equity ratio of 16.94, a current ratio of 2.04 and a quick ratio of 2.04. The company’s 50 day simple moving average is $138.40 and its 200 day simple moving average is $108.99.

CommVault Systems (NASDAQ:CVLT) last released its quarterly earnings data on Tuesday, July 28th. The software maker reported $1.42 earnings per share for the quarter, beating the consensus estimate of $1.16 by $0.26. The business had revenue of $314.13 million for the quarter, compared to analyst estimates of $310.43 million. CommVault Systems had a return on equity of 88.75% and a net margin of 5.62%.CommVault Systems’s revenue was up 11.4% compared to the same quarter last year. During the same period last year, the firm posted $1.01 earnings per share. As a group, research analysts predict that CommVault Systems, Inc. will post 2.84 EPS for the current fiscal year.

CommVault Systems Company Profile

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.