Vestcor Inc Cuts Stock Holdings in CommVault Systems, Inc. $CVLT

Vestcor Inc trimmed its holdings in shares of CommVault Systems, Inc. (NASDAQ:CVLT) by 51.9% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 8,884 shares of the software maker’s stock after selling 9,588 shares during the period. Vestcor Inc’s holdings in CommVault Systems were worth $1,114,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Boston Trust Walden Corp purchased a new stake in shares of CommVault Systems during the fourth quarter worth about $30,830,000. JPMorgan Chase & Co. boosted its holdings in shares of CommVault Systems by 131.7% during the third quarter. JPMorgan Chase & Co. now owns 382,778 shares of the software maker’s stock worth $72,261,000 after purchasing an additional 217,557 shares during the period. Victory Capital Management Inc. lifted its holdings in CommVault Systems by 19.4% in the third quarter. Victory Capital Management Inc. now owns 118,284 shares of the software maker’s stock worth $22,330,000 after buying an additional 19,218 shares during the period. Intech Investment Management LLC lifted its holdings in CommVault Systems by 52.4% in the fourth quarter. Intech Investment Management LLC now owns 86,634 shares of the software maker’s stock worth $10,860,000 after buying an additional 29,796 shares during the period. Finally, BNP Paribas Financial Markets increased its stake in shares of CommVault Systems by 410.8% during the fourth quarter. BNP Paribas Financial Markets now owns 320,468 shares of the software maker’s stock valued at $40,174,000 after purchasing an additional 257,729 shares in the last quarter. 93.50% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on CVLT shares. Loop Capital started coverage on shares of CommVault Systems in a research note on Tuesday, March 24th. They set a “buy” rating and a $125.00 target price for the company. 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. DA Davidson reaffirmed a “buy” rating and issued a $125.00 target price on shares of CommVault Systems in a research report on Monday, April 13th. Royal Bank Of Canada lifted their target price on shares of CommVault Systems from $100.00 to $110.00 and gave the stock a “sector perform” rating in a research report on Wednesday, April 29th. Finally, Wall Street Zen downgraded shares of CommVault Systems from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. One 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 stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $135.00.

Insider Activity at CommVault Systems

In related news, CFO Gary Merrill sold 4,560 shares of CommVault Systems stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $105.10, for a total transaction of $479,256.00. Following the transaction, the chief financial officer owned 72,507 shares in the company, valued at approximately $7,620,485.70. The trade was a 5.92% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through 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 CommVault Systems stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $105.49, for a total transaction of $2,046,084.04. Following the transaction, the chief executive officer owned 315,377 shares in the company, valued at approximately $33,269,119.73. This trade represents a 5.79% decrease in their position. The SEC filing for this sale provides additional information. 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. In the last quarter, insiders have sold 75,415 shares of company stock worth $7,369,811. 1.00% of the stock is owned by corporate insiders.

CommVault Systems Trading Up 2.9%

Shares of CommVault Systems stock opened at $122.09 on Tuesday. The company’s fifty day simple moving average is $98.43 and its 200-day simple moving average is $103.10. The stock has a market capitalization of $5.04 billion, a PE ratio of 76.79 and a beta of 0.82. CommVault Systems, Inc. has a 1-year low of $71.75 and a 1-year high of $200.68. The company has a debt-to-equity ratio of 117.54, a current ratio of 1.95 and a quick ratio of 1.95.

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

CommVault Systems News Roundup

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

• Positive Sentiment: No clear positive company-specific catalysts were reported in the latest news set.
• Neutral Sentiment: Multiple law firms, including Rosen, Hagens Berman, Robbins Geller, Schall, DJS Law Group, and Bronstein, Gewirtz & Grossman, announced or promoted securities class actions against CommVault Systems, focusing on investors who bought shares between April 29, 2025 and January 26, 2026. Article Title
• Neutral Sentiment: The key near-term legal milestone is the July 17, 2026 lead-plaintiff deadline, which may keep the stock in the spotlight as plaintiffs compete to lead the case. Article Title
• Negative Sentiment: The allegations center on a prior 31% one-day stock collapse after Q3 2026 results, which suggests the market had already punished CVLT for the reported shortfall and is now facing renewed legal overhang. Article Title

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.