Intech Investment Management LLC Grows Stock Holdings in CommVault Systems, Inc. $CVLT

Intech Investment Management LLC raised its position in shares of CommVault Systems, Inc. (NASDAQ:CVLT) by 52.4% during the fourth quarter, HoldingsChannel reports. The firm owned 86,634 shares of the software maker’s stock after purchasing an additional 29,796 shares during the period. Intech Investment Management LLC’s holdings in CommVault Systems were worth $10,860,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in CVLT. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in CommVault Systems by 8.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 147,410 shares of the software maker’s stock valued at $23,255,000 after purchasing an additional 11,700 shares in the last quarter. Sivia Capital Partners LLC purchased a new stake in CommVault Systems during the second quarter valued at about $327,000. Cetera Investment Advisers boosted its position in CommVault Systems by 13.4% during the second quarter. Cetera Investment Advisers now owns 2,486 shares of the software maker’s stock valued at $433,000 after buying an additional 294 shares during the period. EverSource Wealth Advisors LLC boosted its position in CommVault Systems by 188.3% during the second quarter. EverSource Wealth Advisors LLC now owns 271 shares of the software maker’s stock valued at $47,000 after buying an additional 177 shares during the period. Finally, Guggenheim Capital LLC boosted its position in CommVault Systems by 43.8% during the second quarter. Guggenheim Capital LLC now owns 4,245 shares of the software maker’s stock valued at $740,000 after buying an additional 1,293 shares during the period. Hedge funds and other institutional investors own 93.50% of the company’s stock.

Insider Buying and Selling

In related news, CAO Danielle Nicole Abrahamsen sold 1,065 shares of the stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $105.84, for a total value of $112,719.60. Following the completion of the transaction, the chief accounting officer directly owned 13,581 shares of the company’s stock, valued at $1,437,413.04. This represents a 7.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 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 stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $105.49, for a total transaction of $2,046,084.04. Following the completion of the transaction, the chief executive officer directly owned 315,377 shares of the company’s stock, valued at approximately $33,269,119.73. The trade was a 5.79% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 75,415 shares of company stock valued at $7,369,811 over the last three months. Corporate insiders own 1.00% of the company’s stock.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. DA Davidson restated a “buy” rating and set a $125.00 price target on shares of CommVault Systems in a research report on Monday, April 13th. Jefferies Financial Group assumed coverage on shares of CommVault Systems in a research report on Monday, April 27th. They set a “hold” rating and a $105.00 price target for the company. Robert W. Baird cut their price target on shares of CommVault Systems from $185.00 to $160.00 and set an “outperform” rating for the company in a research report on Monday, April 13th. Scotiabank upped their price objective on shares of CommVault Systems from $105.00 to $110.00 and gave the company a “sector perform” rating in a research note on Wednesday, April 29th. Finally, KeyCorp upped their price objective on shares of CommVault Systems from $108.00 to $125.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. 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’s stock. According to MarketBeat.com, CommVault Systems presently has an average rating of “Moderate Buy” and an average target price of $135.00.

Key Stories Impacting CommVault Systems

Here are the key news stories impacting CommVault Systems this week:

• Negative Sentiment: Commvault Systems faces a securities class action alleging investors were misled about growth prospects and key financial metrics, increasing legal and headline risk for Article: Commvault Systems (CVLT) Facing Securities Class Action Amid Q3 2026’s Apparent Inconsistencies With Prior Growth Narrative and $1.7B Market Cap Wipeout
• Negative Sentiment: Multiple law firms are urging shareholders to join or lead the class action before the July 17 deadline, keeping the fraud allegations in focus and potentially pressuring sentiment toward Article: Deadline Alert: Commvault Systems Inc. (CVLT) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud Lawsuit
• Negative Sentiment: Additional investor-rights firms announced or repeated similar notices, signaling that the litigation could broaden and remain an overhang on Article: Commvault Systems Inc. (CVLT) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit

CommVault Systems Stock Performance

Shares of NASDAQ:CVLT opened at $118.75 on Friday. The company has a market cap of $4.90 billion, a price-to-earnings ratio of 74.69 and a beta of 0.77. The company has a 50-day moving average price of $93.46 and a 200-day moving average price of $103.51. The company has a current ratio of 1.95, a quick ratio of 1.95 and a debt-to-equity ratio of 117.54. CommVault Systems, Inc. has a 12 month low of $71.75 and a 12 month high of $200.68.

CommVault Systems (NASDAQ:CVLT) last issued its quarterly earnings data on Tuesday, April 28th. The software maker reported $1.28 EPS for the quarter, beating the consensus estimate of $1.09 by $0.19. CommVault Systems had a net margin of 5.97% and a return on equity of 51.64%. The firm had revenue of $311.69 million during the quarter, compared to the consensus estimate of $306.71 million. During the same period in the prior year, the firm posted $1.03 earnings per share. The company’s quarterly revenue was up 13.3% compared to the same quarter last year. As a group, equities analysts anticipate that CommVault Systems, Inc. will post 2.86 EPS for the current year.

CommVault Systems 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.