Inspire Advisors LLC Buys Shares of 1,187 CommVault Systems, Inc. $CVLT

Inspire Advisors LLC purchased a new stake in CommVault Systems, Inc. (NASDAQ:CVLT) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 1,187 shares of the software maker’s stock, valued at approximately $207,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cerity Partners LLC raised its stake in CommVault Systems by 108.8% in the first quarter. Cerity Partners LLC now owns 5,893 shares of the software maker’s stock worth $930,000 after buying an additional 3,071 shares in the last quarter. New York State Common Retirement Fund increased its holdings in shares of CommVault Systems by 13.6% in the 1st quarter. New York State Common Retirement Fund now owns 15,584 shares of the software maker’s stock valued at $2,459,000 after acquiring an additional 1,871 shares during the period. Victory Capital Management Inc. raised its position in shares of CommVault Systems by 23.0% in the 1st quarter. Victory Capital Management Inc. now owns 54,148 shares of the software maker’s stock worth $8,542,000 after acquiring an additional 10,136 shares in the last quarter. IFP Advisors Inc lifted its stake in shares of CommVault Systems by 170.8% during the 1st quarter. IFP Advisors Inc now owns 650 shares of the software maker’s stock worth $103,000 after purchasing an additional 410 shares during the last quarter. Finally, Legato Capital Management LLC boosted its position in CommVault Systems by 17.7% during the first quarter. Legato Capital Management LLC now owns 8,530 shares of the software maker’s stock valued at $1,346,000 after purchasing an additional 1,285 shares in the last quarter. 93.50% of the stock is currently owned by institutional investors.

Insider Transactions at CommVault Systems

In other news, CEO Sanjay Mirchandani sold 13,109 shares of the stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $121.15, for a total value of $1,588,155.35. Following the transaction, the chief executive officer directly owned 359,260 shares of the company’s stock, valued at approximately $43,524,349. This represents a 3.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Jennifer Leigh Dirico sold 830 shares of the firm’s stock in a transaction dated Tuesday, November 18th. The stock was sold at an average price of $123.58, for a total value of $102,571.40. Following the completion of the transaction, the chief financial officer owned 44,313 shares of the company’s stock, valued at approximately $5,476,200.54. The trade was a 1.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 63,954 shares of company stock worth $9,611,898 in the last 90 days. 1.00% of the stock is owned by company insiders.

CommVault Systems Trading Down 1.5%

Shares of CommVault Systems stock opened at $117.69 on Friday. The firm’s 50 day simple moving average is $162.54 and its two-hundred day simple moving average is $173.00. The firm has a market capitalization of $5.19 billion, a price-to-earnings ratio of 66.12 and a beta of 0.68. CommVault Systems, Inc. has a 12-month low of $117.40 and a 12-month high of $200.68. The company has a current ratio of 2.53, a quick ratio of 1.24 and a debt-to-equity ratio of 4.18.

CommVault Systems (NASDAQ:CVLT) last posted its quarterly earnings data on Tuesday, October 28th. The software maker reported $0.91 EPS for the quarter, missing the consensus estimate of $0.95 by ($0.04). CommVault Systems had a return on equity of 31.53% and a net margin of 7.32%.The company had revenue of $448.85 million for the quarter, compared to analyst estimates of $273.31 million. During the same quarter in the previous year, the firm posted $0.83 earnings per share. The company’s quarterly revenue was up 18.4% on a year-over-year basis. CommVault Systems has set its Q3 2026 guidance at EPS. FY 2026 guidance at EPS. Analysts predict that CommVault Systems, Inc. will post 1.65 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have commented on CVLT shares. Truist Financial reduced their target price on shares of CommVault Systems from $230.00 to $210.00 and set a “buy” rating for the company in a report on Wednesday, October 29th. DA Davidson reaffirmed a “buy” rating and issued a $220.00 price objective on shares of CommVault Systems in a research report on Thursday, November 13th. Cantor Fitzgerald decreased their target price on shares of CommVault Systems from $189.00 to $144.00 and set a “neutral” rating for the company in a research report on Wednesday, October 29th. Baird R W raised shares of CommVault Systems to a “strong-buy” rating in a report on Monday, October 27th. Finally, KeyCorp reduced their price target on CommVault Systems from $225.00 to $185.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 29th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $195.10.

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.