Strs Ohio lowered its stake in shares of CommVault Systems, Inc. (NASDAQ:CVLT – Free Report) by 93.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,300 shares of the software maker’s stock after selling 18,300 shares during the period. Strs Ohio’s holdings in CommVault Systems were worth $101,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CVLT. Assetmark Inc. lifted its holdings in CommVault Systems by 33.6% in the 4th quarter. Assetmark Inc. now owns 326 shares of the software maker’s stock valued at $41,000 after purchasing an additional 82 shares in the last quarter. Captrust Financial Advisors grew its holdings in shares of CommVault Systems by 7.2% during the fourth quarter. Captrust Financial Advisors now owns 2,153 shares of the software maker’s stock worth $270,000 after buying an additional 145 shares in the last quarter. MML Investors Services LLC raised its position in shares of CommVault Systems by 6.7% in the fourth quarter. MML Investors Services LLC now owns 2,361 shares of the software maker’s stock valued at $296,000 after buying an additional 149 shares during the last quarter. Madison Asset Management LLC raised its position in shares of CommVault Systems by 0.6% in the fourth quarter. Madison Asset Management LLC now owns 23,947 shares of the software maker’s stock valued at $3,002,000 after buying an additional 153 shares during the last quarter. Finally, Benjamin Edwards Inc. lifted its stake in shares of CommVault Systems by 9.6% during the fourth quarter. Benjamin Edwards Inc. now owns 1,852 shares of the software maker’s stock valued at $232,000 after buying an additional 162 shares during the period. Hedge funds and other institutional investors own 93.50% of the company’s stock.
Insider Activity
In related news, CFO Gary Merrill sold 4,560 shares of the firm’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $105.10, for a total value of $479,256.00. Following the transaction, the chief financial officer owned 72,507 shares in the company, valued at approximately $7,620,485.70. This trade represents a 5.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible 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, CEO Sanjay Mirchandani sold 19,396 shares of CommVault Systems stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $105.49, for a total transaction of $2,046,084.04. Following the transaction, the chief executive officer directly owned 315,377 shares in the company, valued at approximately $33,269,119.73. This trade represents a 5.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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. Insiders have sold 55,279 shares of company stock valued at $5,786,557 in the last three months. Corporate insiders own 0.86% of the company’s stock.
Wall Street Analyst Weigh In
Read Our Latest Stock Report on CVLT
CommVault Systems Price Performance
Shares of NASDAQ CVLT opened at $150.57 on Monday. CommVault Systems, Inc. has a 52-week low of $71.75 and a 52-week high of $200.68. The firm has a fifty day moving average of $122.23 and a 200-day moving average of $105.54. The stock has a market capitalization of $6.24 billion, a PE ratio of 94.70 and a beta of 0.79. The company has a quick ratio of 1.95, a current ratio of 1.95 and a debt-to-equity ratio of 117.54.
CommVault Systems (NASDAQ:CVLT – Get Free Report) last issued its earnings results on Tuesday, April 28th. The software maker reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.09 by $0.19. CommVault Systems had a return on equity of 51.64% and a net margin of 5.97%.The business had revenue of $311.69 million for the quarter, compared to analyst estimates of $306.71 million. During the same period last year, the company posted $1.03 EPS. The business’s quarterly revenue was up 13.3% on a year-over-year basis. On average, analysts anticipate that CommVault Systems, Inc. will post 2.88 EPS for the current year.
CommVault Systems News Summary
Here are the key news stories impacting CommVault Systems this week:
- Positive Sentiment: Commvault was named to TIME’s America’s Best Companies 2026 list, a reputational positive that may support longer-term investor confidence. Commvault Named Among TIME’s America’s Best Companies 2026 List
- Neutral Sentiment: Short-interest data showed 0 reported shares and a 0.0-day short-interest ratio, which does not appear to signal meaningful bearish positioning at the moment.
- Negative Sentiment: Multiple law firms reiterated securities class action deadlines against Commvault, keeping legal overhang and potential settlement risk in focus for investors. CVLT 1-WEEK DEADLINE ALERT: Commvault (CVLT) Investors Alerted to Securities Class Action, Encouraged to Contact HBSS
- Negative Sentiment: The class-action notices expanded or reaffirmed the alleged class period for investors who bought shares between January 2025 and January 2026, suggesting the litigation may have broader reach than initially expected. INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Reminds Commvault Systems, Inc. (CVLT) Investors of July 17, 2026 Lead Plaintiff Deadline
About CommVault Systems
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.
Read More
- Five stocks we like better than CommVault Systems
- 3 Rare-Earth ETFs That Help Investors Balance Exposure and Risk
- Microsoft Bets on In-House AI to Cut OpenAI and Anthropic Costs
- Delta Air Lines Lives Up to Its Claims: Shares Can Keep Climbing
- This Dividend ETF Choice Could Shape Your Income Strategy Through 2026
Want to see what other hedge funds are holding CVLT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CommVault Systems, Inc. (NASDAQ:CVLT – Free Report).
Receive News & Ratings for CommVault Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CommVault Systems and related companies with MarketBeat.com's FREE daily email newsletter.
