CommVault Systems, Inc. $CVLT Shares Purchased by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lifted its position in CommVault Systems, Inc. (NASDAQ:CVLT) by 17.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 33,643 shares of the software maker’s stock after acquiring an additional 4,950 shares during the quarter. Thrivent Financial for Lutherans’ holdings in CommVault Systems were worth $4,218,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently added to or reduced their stakes in the stock. Pinnacle Associates Ltd. grew its holdings in shares of CommVault Systems by 13.7% during the fourth quarter. Pinnacle Associates Ltd. now owns 137,544 shares of the software maker’s stock worth $17,243,000 after buying an additional 16,605 shares in the last quarter. Madison Asset Management LLC grew its holdings in shares of CommVault Systems by 0.6% in the fourth quarter. Madison Asset Management LLC now owns 23,947 shares of the software maker’s stock valued at $3,002,000 after purchasing an additional 153 shares during the period. Crossmark Global Holdings Inc. grew its holdings in shares of CommVault Systems by 14.1% in the fourth quarter. Crossmark Global Holdings Inc. now owns 4,029 shares of the software maker’s stock valued at $505,000 after purchasing an additional 498 shares during the period. Pier Capital LLC purchased a new stake in shares of CommVault Systems in the fourth quarter valued at about $7,317,000. Finally, Diversify Wealth Management LLC grew its holdings in shares of CommVault Systems by 2.8% in the fourth quarter. Diversify Wealth Management LLC now owns 7,258 shares of the software maker’s stock valued at $912,000 after purchasing an additional 198 shares during the period. 93.50% of the stock is currently owned by institutional investors and hedge funds.

CommVault Systems Trading Up 1.2%

Shares of CVLT stock opened at $107.25 on Friday. The company has a debt-to-equity ratio of 117.54, a current ratio of 1.95 and a quick ratio of 1.95. The firm has a market cap of $4.42 billion, a PE ratio of 67.45 and a beta of 0.77. The company has a 50-day moving average of $90.43 and a two-hundred day moving average of $104.25. CommVault Systems, Inc. has a 1-year low of $71.75 and a 1-year high of $200.68.

CommVault Systems (NASDAQ:CVLT) last announced its earnings results on Tuesday, April 28th. The software maker reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.09 by $0.19. The company had revenue of $311.69 million during the quarter, compared to analyst estimates of $306.71 million. CommVault Systems had a net margin of 5.97% and a return on equity of 51.64%. CommVault Systems’s revenue was up 13.3% compared to the same quarter last year. During the same quarter last year, the firm posted $1.03 earnings per share. On average, analysts predict that CommVault Systems, Inc. will post 2.86 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. Loop Capital assumed coverage on shares of CommVault Systems in a report on Tuesday, March 24th. They issued a “buy” rating and a $125.00 price objective for the company. DA Davidson reissued a “buy” rating and issued a $125.00 price objective on shares of CommVault Systems in a report on Monday, April 13th. Oppenheimer dropped their price objective on shares of CommVault Systems from $180.00 to $150.00 and set an “outperform” rating for the company in a report on Wednesday, January 28th. Jefferies Financial Group assumed coverage on shares of CommVault Systems in a report on Monday, April 27th. They issued a “hold” rating and a $105.00 price objective for the company. Finally, Zacks Research lowered shares of CommVault Systems from a “strong-buy” rating to a “hold” rating in a report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $135.00.

CommVault Systems News Roundup

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

• Positive Sentiment: CommVault’s latest quarterly results were solid, with EPS of $1.28 beating estimates and revenue of $311.69 million topping expectations, while sales rose 13.3% year over year. CommVault Systems stock information
• Neutral Sentiment: Several insider sales by the CEO, CFO, and CAO were disclosed, but the filings say the transactions were made under pre-arranged 10b5-1 plans and mainly for tax withholding tied to equity awards.
• Negative Sentiment: Multiple law firms issued class-action notices and deadline reminders for CVLT shareholders, keeping investor focus on alleged false or misleading statements and possible securities fraud claims. Article Title
• Negative Sentiment: One lawsuit filing specifically linked the case to a sharp share-price drop after Q3 2026 results and alleged inconsistencies with the company’s earlier growth narrative, which may weigh on sentiment.

Insiders Place Their Bets

In other CommVault Systems news, CFO Gary Merrill sold 4,560 shares of the stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $105.10, for a total transaction of $479,256.00. Following the completion of the transaction, the chief financial officer owned 72,507 shares of the company’s stock, valued at $7,620,485.70. This trade represents a 5.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available 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, CAO Danielle Nicole Abrahamsen sold 1,065 shares of the 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 transaction, 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 position. 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 66,706 shares of company stock valued at $6,437,884 over the last 90 days. 1.00% of the stock is owned by company insiders.

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.