111 Capital Purchases Shares of 2,907 CommVault Systems, Inc. $CVLT

111 Capital acquired a new stake in shares of CommVault Systems, Inc. (NASDAQ:CVLT) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 2,907 shares of the software maker’s stock, valued at approximately $507,000.

A number of other hedge funds also recently made changes to their positions in CVLT. SBI Securities Co. Ltd. grew its stake in shares of CommVault Systems by 101.3% during the 1st quarter. SBI Securities Co. Ltd. now owns 159 shares of the software maker’s stock valued at $25,000 after acquiring an additional 80 shares during the period. Cullen Frost Bankers Inc. bought a new position in shares of CommVault Systems during the 1st quarter valued at approximately $27,000. Brooklyn Investment Group grew its stake in shares of CommVault Systems by 8,550.0% during the 1st quarter. Brooklyn Investment Group now owns 173 shares of the software maker’s stock valued at $27,000 after acquiring an additional 171 shares during the period. NBC Securities Inc. bought a new position in shares of CommVault Systems during the 1st quarter valued at approximately $43,000. Finally, Fifth Third Bancorp grew its stake in shares of CommVault Systems by 34.0% during the 1st quarter. Fifth Third Bancorp now owns 465 shares of the software maker’s stock valued at $73,000 after acquiring an additional 118 shares during the period. 93.50% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other CommVault Systems news, Director Allison Pickens sold 690 shares of the company’s stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $177.89, for a total value of $122,744.10. Following the transaction, the director owned 5,166 shares of the company’s stock, valued at $918,979.74. This represents a 11.78% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Sanjay Mirchandani sold 11,320 shares of the company’s stock in a transaction 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 transaction, the chief executive officer directly owned 458,361 shares in the company, valued at $81,510,336.63. This trade represents a 2.41% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 55,942 shares of company stock worth $10,019,157. Insiders own 1.00% of the company’s stock.

CommVault Systems Stock Down 1.9%

Shares of CommVault Systems stock opened at $180.30 on Monday. The stock’s fifty day moving average is $184.40 and its two-hundred day moving average is $174.75. The company has a market capitalization of $8.02 billion, a PE ratio of 100.17 and a beta of 0.72. CommVault Systems, Inc. has a 52 week low of $128.07 and a 52 week high of $200.68.

CommVault Systems (NASDAQ:CVLT) last announced its quarterly earnings data on Tuesday, July 29th. The software maker reported $1.01 EPS for the quarter, beating the consensus estimate of $0.97 by $0.04. The company had revenue of $281.98 million for the quarter, compared to the consensus estimate of $267.83 million. CommVault Systems had a return on equity of 30.83% and a net margin of 7.70%.The company’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. As a group, research analysts anticipate that CommVault Systems, Inc. will post 1.65 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts recently issued reports on CVLT shares. Piper Sandler boosted their price objective on CommVault Systems from $168.00 to $170.00 and gave the company a “neutral” rating in a research note on Monday, July 14th. DA Davidson boosted their price target on CommVault Systems from $200.00 to $220.00 and gave the stock a “buy” rating in a report on Wednesday, July 30th. Weiss Ratings reissued a “hold (c)” rating on shares of CommVault Systems in a report on Saturday, September 27th. Guggenheim set a $220.00 price target on CommVault Systems in a report on Tuesday, July 29th. Finally, KeyCorp boosted their price target on CommVault Systems from $195.00 to $225.00 and gave the stock an “overweight” rating in a report on Wednesday, July 30th. Six investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $205.63.

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.