Bryce Point Capital LLC Invests $748,000 in CommVault Systems, Inc. $CVLT

Bryce Point Capital LLC acquired a new position in CommVault Systems, Inc. (NASDAQ:CVLT) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 4,293 shares of the software maker’s stock, valued at approximately $748,000.

Several other institutional investors have also recently made changes to their positions in CVLT. Janney Montgomery Scott LLC bought a new position in shares of CommVault Systems in the 1st quarter worth approximately $243,000. Principal Financial Group Inc. lifted its stake in shares of CommVault Systems by 1.4% in the 1st quarter. Principal Financial Group Inc. now owns 122,042 shares of the software maker’s stock worth $19,253,000 after purchasing an additional 1,668 shares during the period. TD Private Client Wealth LLC lifted its stake in shares of CommVault Systems by 36.6% in the 1st quarter. TD Private Client Wealth LLC now owns 956 shares of the software maker’s stock worth $151,000 after purchasing an additional 256 shares during the period. M&T Bank Corp lifted its stake in shares of CommVault Systems by 8.5% in the 1st quarter. M&T Bank Corp now owns 2,382 shares of the software maker’s stock worth $375,000 after purchasing an additional 187 shares during the period. Finally, Banque Pictet & Cie SA bought a new stake in CommVault Systems during the 1st quarter worth approximately $519,000. Institutional investors own 93.50% of the company’s stock.

CommVault Systems Trading Up 0.8%

CVLT stock opened at $140.37 on Tuesday. The firm has a fifty day moving average price of $176.95 and a 200 day moving average price of $176.30. CommVault Systems, Inc. has a fifty-two week low of $128.07 and a fifty-two week high of $200.68. The company has a debt-to-equity ratio of 4.18, a quick ratio of 1.24 and a current ratio of 2.53. The firm has a market cap of $6.19 billion, a PE ratio of 78.86 and a beta of 0.72.

CommVault Systems (NASDAQ:CVLT) last posted its earnings results on Tuesday, October 28th. The software maker reported $0.91 earnings per share for the quarter, missing analysts’ consensus estimates of $0.95 by ($0.04). CommVault Systems had a net margin of 7.32% and a return on equity of 31.53%. The business had revenue of $276.19 million during the quarter, compared to analysts’ expectations of $273.31 million. During the same period last year, the business posted $0.83 earnings per share. The company’s revenue for the quarter 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. Sell-side analysts anticipate that CommVault Systems, Inc. will post 1.65 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

CVLT has been the topic of a number of recent analyst reports. Piper Sandler upgraded shares of CommVault Systems from a “neutral” rating to an “overweight” rating and raised their target price for the stock from $195.00 to $200.00 in a research note on Monday, October 13th. Royal Bank Of Canada decreased their target price on shares of CommVault Systems from $217.00 to $167.00 and set a “sector perform” rating on the stock in a research note on Wednesday, October 29th. Zacks Research cut shares of CommVault Systems from a “strong-buy” rating to a “strong sell” rating in a research note on Friday. KeyCorp decreased their target price on shares of CommVault Systems from $225.00 to $185.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 29th. Finally, DA Davidson raised their target price on shares of CommVault Systems from $200.00 to $220.00 and gave the stock a “buy” rating in a research note on Wednesday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $195.10.

Insider Buying and Selling at CommVault Systems

In other CommVault Systems news, CEO Sanjay Mirchandani sold 11,320 shares of CommVault Systems stock in a transaction on Monday, August 18th. The shares were sold at an average price of $177.83, for a total transaction of $2,013,035.60. Following the completion of the transaction, the chief executive officer directly owned 458,361 shares of the company’s stock, valued at $81,510,336.63. The trade was a 2.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Allison Pickens sold 690 shares of CommVault Systems stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $177.89, for a total transaction of $122,744.10. Following the transaction, the director directly owned 5,166 shares of the company’s stock, valued at $918,979.74. The trade was a 11.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 55,942 shares of company stock valued at $10,019,157. 1.00% of the stock is owned by company insiders.

CommVault Systems 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.