The Manufacturers Life Insurance Company Buys Shares of 464,016 CommVault Systems, Inc. $CVLT

Posted by Geri Gentry on Aug 26th, 2026

The Manufacturers Life Insurance Company purchased a new position in CommVault Systems, Inc. (NASDAQ:CVLT – Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 464,016 shares of the software maker’s stock, valued at approximately $65,765,000. The Manufacturers Life Insurance Company owned about 1.12% of CommVault Systems at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of CVLT. Intech Investment Management LLC boosted its stake 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 worth $10,860,000 after acquiring an additional 29,796 shares during the last quarter. Epoch Investment Partners Inc. bought a new stake in shares of CommVault Systems during the 4th quarter valued at $27,278,000. Madison Asset Management LLC increased its stake in shares of CommVault Systems by 39.7% in the 1st quarter. Madison Asset Management LLC now owns 33,459 shares of the software maker’s stock worth $2,606,000 after purchasing an additional 9,512 shares in the last quarter. BNP Paribas Financial Markets increased its stake in shares of CommVault Systems by 410.8% in the 4th 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 in the last quarter. Finally, Fort Washington Investment Advisors Inc. OH raised its holdings in CommVault Systems by 64.3% in the 1st quarter. Fort Washington Investment Advisors Inc. OH now owns 273,206 shares of the software maker’s stock worth $21,280,000 after purchasing an additional 106,970 shares during the period. Hedge funds and other institutional investors own 93.50% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently weighed in on CVLT. Oppenheimer lifted their target price on CommVault Systems from $150.00 to $175.00 and gave the company an “outperform” rating in a research report on Friday, July 17th. Weiss Ratings raised CommVault Systems from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, June 16th. Jefferies Financial Group reaffirmed a “hold” rating and set a $130.00 price objective on shares of CommVault Systems in a research report on Wednesday, July 29th. Zacks Research downgraded CommVault Systems from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 1st. Finally, KeyCorp increased their target price on shares of CommVault Systems from $125.00 to $175.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $152.47.

Check Out Our Latest Stock Analysis on CVLT

CommVault Systems Stock Performance

NASDAQ CVLT opened at $131.16 on Wednesday. The firm has a market cap of $5.44 billion, a price-to-earnings ratio of 83.54 and a beta of 0.81. The company has a quick ratio of 2.04, a current ratio of 2.04 and a debt-to-equity ratio of 16.94. The business has a 50-day moving average price of $138.81 and a 200-day moving average price of $110.34. CommVault Systems, Inc. has a twelve month low of $71.75 and a twelve month high of $198.18.

CommVault Systems (NASDAQ:CVLT – Get Free Report) last issued 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 for the quarter, compared to the consensus estimate of $310.43 million. During the same quarter last year, the company earned $1.01 EPS. The firm’s quarterly revenue was up 11.4% on a year-over-year basis. As a group, equities research analysts predict that CommVault Systems, Inc. will post 2.84 EPS for the current fiscal year.

Insider Activity

In related news, CAO Danielle Nicole Abrahamsen sold 486 shares of the company’s stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $142.80, for a total transaction of $69,400.80. Following the completion of the transaction, the chief accounting officer owned 12,160 shares in the company, valued at approximately $1,736,448. This represents a 3.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 Vivie Lee sold 595 shares of the firm’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $134.19, for a total transaction of $79,843.05. Following the transaction, the director directly owned 15,140 shares of the company’s stock, valued at $2,031,636.60. The trade was a 3.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 29,602 shares of company stock valued at $4,240,541. Company insiders own 0.86% of the company’s stock.

CommVault Systems Profile

(Free Report)

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.