Emerald Advisers LLC lifted its position in shares of CommVault Systems, Inc. (NASDAQ:CVLT – Free Report) by 14.7% in the first quarter, HoldingsChannel.com reports. The fund owned 197,141 shares of the software maker’s stock after buying an additional 25,256 shares during the period. Emerald Advisers LLC’s holdings in CommVault Systems were worth $15,355,000 at the end of the most recent reporting period.
Other large investors have also made changes to their positions in the company. Boston Trust Walden Corp bought a new stake in CommVault Systems during the fourth quarter worth $30,830,000. Intech Investment Management LLC boosted its holdings in shares of CommVault Systems by 52.4% in the 4th quarter. Intech Investment Management LLC now owns 86,634 shares of the software maker’s stock valued at $10,860,000 after purchasing an additional 29,796 shares in the last quarter. Epoch Investment Partners Inc. bought a new position in shares of CommVault Systems in the 4th quarter valued at $27,278,000. 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 valued at $40,174,000 after purchasing an additional 257,729 shares during the last quarter. Finally, GW&K Investment Management LLC increased its stake in shares of CommVault Systems by 40.1% in the 4th quarter. GW&K Investment Management LLC now owns 208,862 shares of the software maker’s stock valued at $26,183,000 after purchasing an additional 59,801 shares during the last quarter. Institutional investors and hedge funds own 93.50% of the company’s stock.
Trending Headlines about CommVault Systems
Here are the key news stories impacting CommVault Systems this week:
- Negative Sentiment: Several law firms, including Rosen, Robbins Geller, Faruqi & Faruqi, Hagens Berman, and Bragar Eagel & Squire, reiterated the July 17 lead plaintiff deadline in ongoing securities class action cases against Commvault. Article: CVLT INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Reminds Investors of July 17, 2026 Lead Plaintiff Deadline
- Negative Sentiment: The class period was expanded in a newly filed securities lawsuit, which broadens the range of investors who may be affected and reinforces concerns about potential legal exposure for the company. Article: HBSS Alerts Commvault (CVLT) Investors to Expanded Class Period in Securities Class Action
- Neutral Sentiment: Additional law firms issued similar notices encouraging investors with losses to seek counsel or pursue lead plaintiff status before the July 17 deadline, adding to the negative legal overhang but not changing the underlying claims. Article: DEADLINE ALERT for PHR, SRAD, CVLT, VERI: Law Offices of Howard G. Smith Reminds Investors of Opportunity to Lead Securities Fraud Class Actions
CommVault Systems Stock Down 1.3%
CommVault Systems (NASDAQ:CVLT – Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The software maker reported $1.28 earnings per share for the quarter, beating 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 company had revenue of $311.69 million for the quarter, compared to the consensus estimate of $306.71 million. During the same quarter last year, the business posted $1.03 EPS. CommVault Systems’s revenue for the quarter was up 13.3% on a year-over-year basis. On average, equities analysts predict that CommVault Systems, Inc. will post 2.88 EPS for the current fiscal year.
Insiders Place Their Bets
In other news, CAO Danielle Nicole Abrahamsen sold 1,065 shares of CommVault Systems stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $105.84, for a total transaction of $112,719.60. Following the sale, the chief accounting officer directly owned 13,581 shares of the company’s stock, valued at approximately $1,437,413.04. This trade represents a 7.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed 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 the business’s stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $105.49, for a total value of $2,046,084.04. Following the sale, the chief executive officer 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 disclosure for this sale is available in the SEC filing. 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 sold a total of 55,279 shares of company stock valued at $5,786,557 in the last 90 days. Corporate insiders own 0.86% of the company’s stock.
Wall Street Analysts Forecast Growth
Several analysts recently weighed in on the company. Stephens upped their price objective on CommVault Systems from $135.00 to $155.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 16th. DA Davidson reiterated a “buy” rating and issued a $125.00 target price on shares of CommVault Systems in a research report on Monday, April 13th. Robert W. Baird lowered their target price on CommVault Systems from $185.00 to $160.00 and set an “outperform” rating for the company in a research note on Monday, April 13th. Mizuho boosted their target price on CommVault Systems from $130.00 to $140.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 10th. Finally, Wolfe Research assumed coverage on shares of CommVault Systems in a report on Friday, May 1st. They issued a “peer perform” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $136.33.
Get Our Latest Stock Report on CVLT
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.
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