JPMorgan Chase & Co. boosted its position in CommVault Systems, Inc. (NASDAQ:CVLT – Free Report) by 131.7% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 382,778 shares of the software maker’s stock after purchasing an additional 217,557 shares during the quarter. JPMorgan Chase & Co.’s holdings in CommVault Systems were worth $72,261,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CVLT. State of Wyoming bought a new position in CommVault Systems during the 2nd quarter worth $35,000. Banque Cantonale Vaudoise acquired a new stake in shares of CommVault Systems during the third quarter worth $39,000. Cullen Frost Bankers Inc. boosted its position in shares of CommVault Systems by 43.8% in the third quarter. Cullen Frost Bankers Inc. now owns 243 shares of the software maker’s stock valued at $46,000 after acquiring an additional 74 shares during the period. Assetmark Inc. boosted its position in shares of CommVault Systems by 2,950.0% in the third quarter. Assetmark Inc. now owns 244 shares of the software maker’s stock valued at $46,000 after acquiring an additional 236 shares during the period. Finally, Advisory Services Network LLC bought a new position in CommVault Systems during the third quarter worth about $47,000. 93.50% of the stock is owned by institutional investors and hedge funds.
CommVault Systems Trading Up 0.5%
CVLT opened at $80.55 on Thursday. CommVault Systems, Inc. has a twelve month low of $77.79 and a twelve month high of $200.68. The company has a 50-day simple moving average of $95.68 and a 200 day simple moving average of $131.17. The company has a quick ratio of 2.34, a current ratio of 2.34 and a debt-to-equity ratio of 4.06. The stock has a market capitalization of $3.54 billion, a price-to-earnings ratio of 41.52 and a beta of 0.59.
Insider Buying and Selling
In other CommVault Systems news, insider Gary Merrill sold 1,892 shares of the business’s stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $91.28, for a total transaction of $172,701.76. Following the completion of the transaction, the insider directly owned 62,833 shares in the company, valued at $5,735,396.24. The trade was a 2.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Sanjay Mirchandani sold 10,052 shares of the company’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $80.09, for a total value of $805,064.68. Following the sale, the chief executive officer owned 332,529 shares of the company’s stock, valued at $26,632,247.61. The trade was a 2.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 31,355 shares of company stock valued at $2,613,165. 1.00% of the stock is currently owned by insiders.
Analyst Ratings Changes
Several analysts have weighed in on the stock. DA Davidson dropped their price objective on shares of CommVault Systems from $135.00 to $125.00 and set a “buy” rating for the company in a research note on Tuesday. Stephens decreased their target price on shares of CommVault Systems from $162.00 to $135.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 28th. Zacks Research raised shares of CommVault Systems from a “hold” rating to a “strong-buy” rating in a report on Friday, January 30th. Mizuho dropped their price target on shares of CommVault Systems from $180.00 to $140.00 and set an “outperform” rating for the company in a research report on Wednesday, January 28th. Finally, KeyCorp cut their price target on CommVault Systems from $152.00 to $108.00 and set an “overweight” rating for the company in a research note on Wednesday, January 28th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, CommVault Systems currently has an average rating of “Moderate Buy” and an average price target of $142.75.
Get Our Latest Research Report on CommVault Systems
Trending Headlines about CommVault Systems
Here are the key news stories impacting CommVault Systems this week:
- Positive Sentiment: Commvault announced expanded data & AI security controls in Commvault Cloud (real‑time governance and Data Security Posture Management) leveraging its Satori acquisition — a product move that should help address enterprise AI/cloud risk budgets and supports recurring cloud revenue potential. Commvault Extends Enterprise Resilience to Structured and AI Data
- Positive Sentiment: Commvault expanded Threat Scan with layered threat detection, IOC hunting and file‑level inspection tied to Synthetic Recovery — enhancements that strengthen its defense‑in‑depth pitch and may reduce customer churn after attacks, supporting retention and upsell. Commvault Expands Threat Scan
- Positive Sentiment: Commvault is promoting integrated AI‑enabled data security and recovery at RSAC 2026 — a visible go‑to‑market push that can accelerate pipeline and partner engagement. Commvault RSAC 2026 Presence
- Neutral Sentiment: Market write‑up assessing CVLT valuation after a recent sharp share pullback — useful context for investors but no new company‑specific catalyst. Assessing Commvault Systems Valuation
- Negative Sentiment: CEO Sanjay Mirchandani sold a total of 20,390 shares on March 16–17 for roughly $1.62M of proceeds, trimming his stake to ~332,529 shares — insider sales can be perceived as a near‑term negative signal even if not tied to company fundamentals. SEC Form 4 Filings
- Negative Sentiment: DA Davidson cut its price target from $135 to $125 (retaining a Buy rating) — a reduction in analyst upside that can weigh on sentiment despite the still‑elevated target vs. current levels. DA Davidson price target note
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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