CommVault Systems, Inc. $CVLT Stake Increased by JSF Financial LLC

JSF Financial LLC grew its stake in shares of CommVault Systems, Inc. (NASDAQ:CVLT) by 6.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,263 shares of the software maker’s stock after acquiring an additional 426 shares during the period. JSF Financial LLC’s holdings in CommVault Systems were worth $1,266,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of CVLT. Nuveen LLC bought a new position in shares of CommVault Systems during the first quarter worth about $116,223,000. Wedge Capital Management L L P NC increased its holdings in shares of CommVault Systems by 1,936.0% in the 1st quarter. Wedge Capital Management L L P NC now owns 360,355 shares of the software maker’s stock valued at $56,850,000 after acquiring an additional 342,656 shares during the last quarter. Champlain Investment Partners LLC acquired a new position in CommVault Systems in the first quarter worth $47,361,000. Wellington Management Group LLP acquired a new position in CommVault Systems in the first quarter worth $22,540,000. Finally, Invesco Ltd. boosted its holdings in CommVault Systems by 7.1% in the first quarter. Invesco Ltd. now owns 1,777,307 shares of the software maker’s stock worth $280,388,000 after purchasing an additional 117,199 shares during the period. Institutional investors own 93.50% of the company’s stock.

Insider Buying and Selling

In other news, CFO Jennifer Leigh Dirico sold 14,909 shares of CommVault Systems stock in a transaction that occurred on Tuesday, September 9th. The shares were sold at an average price of $182.22, for a total value of $2,716,717.98. Following the transaction, the chief financial officer directly owned 45,143 shares of the company’s stock, valued at $8,225,957.46. This trade represents a 24.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Gary Merrill sold 15,244 shares of CommVault Systems stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $178.01, for a total transaction of $2,713,584.44. Following the completion of the transaction, the insider directly owned 71,837 shares in the company, valued at approximately $12,787,704.37. This trade represents a 17.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 55,942 shares of company stock valued at $10,019,157. 1.00% of the stock is currently owned by company insiders.

CommVault Systems Price Performance

NASDAQ CVLT opened at $180.30 on Friday. The company’s 50 day simple moving average is $184.40 and its 200 day simple moving average is $174.66. CommVault Systems, Inc. has a 12 month low of $128.07 and a 12 month high of $200.68. The company has a market capitalization of $8.02 billion, a P/E ratio of 100.17 and a beta of 0.72.

CommVault Systems (NASDAQ:CVLT) last posted its quarterly earnings results on Tuesday, July 29th. The software maker reported $1.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.04. The firm had revenue of $281.98 million for the quarter, compared to analyst estimates of $267.83 million. CommVault Systems had a net margin of 7.70% and a return on equity of 30.83%. The business’s revenue for the quarter was up 26% on a year-over-year basis. CommVault Systems has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. On average, analysts anticipate that CommVault Systems, Inc. will post 1.65 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. Royal Bank Of Canada raised their price target on shares of CommVault Systems from $185.00 to $217.00 and gave the stock a “sector perform” rating in a research report on Wednesday, July 30th. Wells Fargo & Company increased their price objective on shares of CommVault Systems from $190.00 to $220.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 30th. KeyCorp upped their target price on CommVault Systems from $195.00 to $225.00 and gave the company an “overweight” rating in a report on Wednesday, July 30th. DA Davidson boosted their price objective on CommVault Systems from $200.00 to $220.00 and gave the company a “buy” rating in a research report on Wednesday, July 30th. Finally, Wall Street Zen lowered CommVault Systems from a “strong-buy” rating to a “buy” rating in a research report on Sunday, September 21st. Six research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $205.63.

About CommVault Systems

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.