New York Life Investment Management LLC Invests $799,000 in CommVault Systems, Inc. $CVLT

New York Life Investment Management LLC acquired a new position in shares of CommVault Systems, Inc. (NASDAQ:CVLT) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 4,581 shares of the software maker’s stock, valued at approximately $799,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. SBI Securities Co. Ltd. raised its position in CommVault Systems by 101.3% in the 1st quarter. SBI Securities Co. Ltd. now owns 159 shares of the software maker’s stock valued at $25,000 after purchasing an additional 80 shares during the last quarter. Cullen Frost Bankers Inc. purchased a new stake in CommVault Systems in the 1st quarter valued at $27,000. Brooklyn Investment Group raised its position in CommVault Systems by 8,550.0% in the 1st quarter. Brooklyn Investment Group now owns 173 shares of the software maker’s stock valued at $27,000 after purchasing an additional 171 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in CommVault Systems by 126.3% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 516 shares of the software maker’s stock valued at $81,000 after purchasing an additional 288 shares during the last quarter. Finally, Reyes Financial Architecture Inc. purchased a new stake in CommVault Systems in the 2nd quarter valued at $98,000. Hedge funds and other institutional investors own 93.50% of the company’s stock.

CommVault Systems Stock Performance

Shares of CVLT opened at $139.22 on Friday. The company has a debt-to-equity ratio of 4.18, a quick ratio of 1.24 and a current ratio of 2.53. The stock has a market capitalization of $6.19 billion, a P/E ratio of 78.21 and a beta of 0.72. The company’s fifty day moving average is $177.69 and its two-hundred day moving average is $176.18. CommVault Systems, Inc. has a 1 year low of $128.07 and a 1 year high of $200.68.

CommVault Systems (NASDAQ:CVLT) last announced its quarterly earnings data on Tuesday, October 28th. The software maker reported $0.91 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.95 by ($0.04). CommVault Systems had a net margin of 7.32% and a return on equity of 31.53%. The firm had revenue of $276.19 million during the quarter, compared to analyst estimates of $273.31 million. During the same period in the prior year, the firm posted $0.83 earnings per share. The business’s quarterly revenue was up 18.4% compared to the same quarter last year. CommVault Systems has set its Q3 2026 guidance at EPS. FY 2026 guidance at EPS. On average, sell-side analysts predict that CommVault Systems, Inc. will post 1.65 earnings per share for the current year.

Insider Activity at CommVault Systems

In other news, CFO Jennifer Leigh Dirico sold 14,909 shares of the company’s stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $182.22, for a total transaction of $2,716,717.98. Following the transaction, the chief financial officer directly owned 45,143 shares of the company’s stock, valued at $8,225,957.46. This represents a 24.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, 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 transaction of $122,744.10. Following the transaction, the director directly owned 5,166 shares in the company, valued at approximately $918,979.74. This trade represents a 11.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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.

Analyst Ratings Changes

Several analysts recently commented on CVLT shares. Zacks Research upgraded shares of CommVault Systems from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 13th. Piper Sandler upgraded shares of CommVault Systems from a “neutral” rating to an “overweight” rating and upped their price target for the company from $195.00 to $200.00 in a research report on Monday, October 13th. KeyCorp reduced their price target on shares of CommVault Systems from $225.00 to $185.00 and set an “overweight” rating for the company in a research report on Wednesday. Wells Fargo & Company reduced their price target on shares of CommVault Systems from $220.00 to $190.00 and set an “overweight” rating for the company in a research report on Wednesday. Finally, Truist Financial dropped their price objective on shares of CommVault Systems from $230.00 to $210.00 and set a “buy” rating on the stock in a research note on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, CommVault Systems currently has a consensus rating of “Moderate Buy” and an average target price of $195.10.

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.