Loomis Sayles & Co. L P Buys 156,224 Shares of CommVault Systems, Inc. $CVLT

Loomis Sayles & Co. L P raised its stake in CommVault Systems, Inc. (NASDAQ:CVLT) by 64.1% during the second quarter, HoldingsChannel reports. The fund owned 400,070 shares of the software maker’s stock after buying an additional 156,224 shares during the period. Loomis Sayles & Co. L P’s holdings in CommVault Systems were worth $69,744,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Brooklyn Investment Group boosted its stake in CommVault Systems by 8,550.0% in the 1st quarter. Brooklyn Investment Group now owns 173 shares of the software maker’s stock worth $27,000 after purchasing an additional 171 shares in the last quarter. Employees Retirement System of Texas bought a new stake in CommVault Systems during the 2nd quarter valued at about $55,000. Northwestern Mutual Wealth Management Co. raised its holdings in CommVault Systems by 126.3% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 516 shares of the software maker’s stock worth $81,000 after buying an additional 288 shares during the last quarter. Reyes Financial Architecture Inc. purchased a new position in CommVault Systems in the second quarter worth about $98,000. Finally, Spire Wealth Management lifted its stake in shares of CommVault Systems by 494.1% in the second quarter. Spire Wealth Management now owns 606 shares of the software maker’s stock worth $106,000 after buying an additional 504 shares in the last quarter. Hedge funds and other institutional investors own 93.50% of the company’s stock.

Insider Buying and Selling at CommVault Systems

In other CommVault Systems news, Director Allison Pickens sold 690 shares of the company’s stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $177.89, for a total transaction of $122,744.10. Following the completion of the sale, the director directly owned 5,166 shares of the company’s stock, valued at approximately $918,979.74. This represents a 11.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Gary Merrill sold 1,845 shares of the stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $122.40, for a total transaction of $225,828.00. Following the completion of the transaction, the insider owned 67,318 shares in the company, valued at $8,239,723.20. The trade was a 2.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 63,954 shares of company stock worth $9,611,898 over the last 90 days. 1.00% of the stock is owned by company insiders.

CommVault Systems Price Performance

NASDAQ CVLT opened at $123.55 on Friday. The stock has a market capitalization of $5.45 billion, a price-to-earnings ratio of 69.41 and a beta of 0.68. CommVault Systems, Inc. has a 1-year low of $116.33 and a 1-year high of $200.68. The company has a debt-to-equity ratio of 4.18, a current ratio of 2.53 and a quick ratio of 1.24. The business’s fifty day moving average price is $154.53 and its 200-day moving average price is $170.86.

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 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 firm had revenue of $276.19 million for the quarter, compared to analysts’ expectations of $273.31 million. During the same quarter last year, the company posted $0.83 EPS. The firm’s revenue 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. On average, equities analysts predict that CommVault Systems, Inc. will post 1.65 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages recently weighed in on CVLT. Guggenheim reissued a “buy” rating and set a $220.00 price target on shares of CommVault Systems in a research report on Thursday, October 16th. Robert W. Baird initiated coverage on CommVault Systems in a research report on Monday, October 27th. They issued an “outperform” rating and a $215.00 price objective on the stock. KeyCorp reduced their target price on CommVault Systems from $225.00 to $185.00 and set an “overweight” rating for the company in a report on Wednesday, October 29th. Baird R W upgraded CommVault Systems to a “strong-buy” rating in a research note on Monday, October 27th. Finally, Royal Bank Of Canada lowered their price target on CommVault Systems from $217.00 to $167.00 and set a “sector perform” rating on the stock in a report on Wednesday, October 29th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, CommVault Systems has a consensus rating of “Moderate Buy” and a consensus 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.