CommVault Systems, Inc. $CVLT Shares Purchased by Champlain Investment Partners LLC

Champlain Investment Partners LLC boosted its stake in CommVault Systems, Inc. (NASDAQ:CVLT) by 1.0% in the second quarter, Holdings Channel.com reports. The fund owned 303,144 shares of the software maker’s stock after buying an additional 2,934 shares during the quarter. Champlain Investment Partners LLC’s holdings in CommVault Systems were worth $52,847,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in the company. Brooklyn Investment Group increased its position in shares of CommVault Systems by 8,550.0% during the first quarter. Brooklyn Investment Group now owns 173 shares of the software maker’s stock worth $27,000 after purchasing an additional 171 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in CommVault Systems by 126.3% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 516 shares of the software maker’s stock worth $81,000 after buying an additional 288 shares during the last quarter. Reyes Financial Architecture Inc. acquired a new position in CommVault Systems during the second quarter worth approximately $98,000. Spire Wealth Management lifted its stake in CommVault Systems by 494.1% in the second quarter. Spire Wealth Management now owns 606 shares of the software maker’s stock valued at $106,000 after buying an additional 504 shares during the last quarter. Finally, Hennessy Advisors Inc. acquired a new stake in shares of CommVault Systems in the second quarter valued at approximately $113,000. Hedge funds and other institutional investors own 93.50% of the company’s stock.

Insider Buying and Selling at CommVault Systems

In other CommVault Systems news, insider Gary Merrill sold 1,845 shares of the company’s stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $122.40, for a total value of $225,828.00. Following the sale, the insider owned 67,318 shares of the company’s stock, valued at $8,239,723.20. This represents a 2.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Sanjay Mirchandani sold 13,109 shares of the company’s stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $121.15, for a total value of $1,588,155.35. Following the completion of the sale, the chief executive officer directly owned 359,260 shares in the company, valued at approximately $43,524,349. The trade was a 3.52% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 63,954 shares of company stock valued at $9,611,898 over the last 90 days. 1.00% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on CVLT shares. Oppenheimer initiated coverage on shares of CommVault Systems in a report on Monday, November 10th. They issued an “outperform” rating on the stock. Cantor Fitzgerald dropped their price objective on shares of CommVault Systems from $189.00 to $144.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 29th. KeyCorp reduced their target price on shares of CommVault Systems from $225.00 to $185.00 and set an “overweight” rating for the company in a report on Wednesday, October 29th. Zacks Research lowered CommVault Systems from a “strong-buy” rating to a “strong sell” rating in a report on Friday, October 31st. Finally, Royal Bank Of Canada dropped their price target on CommVault Systems from $217.00 to $167.00 and set a “sector perform” rating on the stock in a research report on Wednesday, October 29th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $195.10.

CommVault Systems Price Performance

Shares of NASDAQ:CVLT opened at $120.09 on Tuesday. CommVault Systems, Inc. has a 52 week low of $116.33 and a 52 week high of $200.68. The company has a 50-day moving average price of $160.03 and a 200 day moving average price of $172.22. The company has a market cap of $5.30 billion, a P/E ratio of 67.47 and a beta of 0.68. The company has a quick ratio of 1.24, a current ratio of 2.53 and a debt-to-equity ratio of 4.18.

CommVault Systems (NASDAQ:CVLT) last released 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 return on equity of 31.53% and a net margin of 7.32%.The business had revenue of $448.85 million during the quarter, compared to analysts’ expectations of $273.31 million. During the same quarter in the previous year, the company posted $0.83 EPS. The company’s 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. Research analysts predict that CommVault Systems, Inc. will post 1.65 earnings per share for the current year.

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.