Diversify Advisory Services LLC bought a new stake in CommVault Systems, Inc. (NASDAQ:CVLT – Free Report) during the 2nd quarter, Holdings Channel.com reports. The firm bought 11,495 shares of the software maker’s stock, valued at approximately $1,718,000.
Other hedge funds have also recently added to or reduced their stakes in the company. Boston Trust Walden Corp acquired a new position in CommVault Systems in the fourth quarter valued at approximately $30,830,000. Intech Investment Management LLC lifted its position in shares of CommVault Systems by 52.4% during the 4th quarter. Intech Investment Management LLC now owns 86,634 shares of the software maker’s stock valued at $10,860,000 after acquiring an additional 29,796 shares during the period. Epoch Investment Partners Inc. acquired a new position in shares of CommVault Systems during the 4th quarter valued at $27,278,000. Madison Asset Management LLC boosted its stake in CommVault Systems by 39.7% during the first quarter. Madison Asset Management LLC now owns 33,459 shares of the software maker’s stock worth $2,606,000 after acquiring an additional 9,512 shares in the last quarter. Finally, BNP Paribas Financial Markets grew its holdings in CommVault Systems by 410.8% in the fourth quarter. BNP Paribas Financial Markets now owns 320,468 shares of the software maker’s stock worth $40,174,000 after purchasing an additional 257,729 shares during the period. Institutional investors own 93.50% of the company’s stock.
Key Headlines Impacting CommVault Systems
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
Analyst Upgrades and Downgrades
View Our Latest Report on CommVault Systems
Insider Activity
In related news, Director A Shane Sanders sold 476 shares of the business’s stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $134.19, for a total value of $63,874.44. Following the sale, the director directly owned 8,696 shares in the company, valued at approximately $1,166,916.24. The trade was a 5.19% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sanjay Mirchandani sold 12,437 shares of the company’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $143.98, for a total transaction of $1,790,679.26. Following the sale, the chief executive officer directly owned 269,373 shares in the company, valued at approximately $38,784,324.54. This trade represents a 4.41% 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. Over the last three months, insiders have sold 38,311 shares of company stock worth $5,172,467. 0.86% of the stock is owned by company insiders.
CommVault Systems Trading Down 3.8%
NASDAQ:CVLT opened at $137.32 on Thursday. CommVault Systems, Inc. has a 52 week low of $71.75 and a 52 week high of $198.18. The firm has a 50-day moving average price of $138.40 and a two-hundred day moving average price of $108.99. The company has a debt-to-equity ratio of 16.94, a quick ratio of 2.04 and a current ratio of 2.04. The firm has a market cap of $5.69 billion, a price-to-earnings ratio of 87.46 and a beta of 0.81.
CommVault Systems (NASDAQ:CVLT – Get Free Report) last released its earnings results on Tuesday, July 28th. The software maker reported $1.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.16 by $0.26. CommVault Systems had a return on equity of 88.75% and a net margin of 5.62%.The company had revenue of $314.13 million during the quarter, compared to analyst estimates of $310.43 million. During the same period in the prior year, the company posted $1.01 earnings per share. CommVault Systems’s quarterly revenue was up 11.4% on a year-over-year basis. On average, equities analysts expect that CommVault Systems, Inc. will post 2.84 earnings per share 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.
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