Dynamic Technology Lab Private Ltd Purchases New Holdings in CommVault Systems, Inc. $CVLT

Dynamic Technology Lab Private Ltd purchased a new stake in CommVault Systems, Inc. (NASDAQ:CVLTFree Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 12,504 shares of the software maker’s stock, valued at approximately $2,180,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Brooklyn Investment Group boosted its holdings in shares of CommVault Systems by 8,550.0% in the 1st quarter. Brooklyn Investment Group now owns 173 shares of the software maker’s stock valued at $27,000 after buying an additional 171 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in CommVault Systems by 126.3% during 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. bought a new stake in CommVault Systems during the second quarter worth $98,000. Spire Wealth Management lifted its stake in CommVault Systems by 494.1% in the second quarter. Spire Wealth Management now owns 606 shares of the software maker’s stock valued at $106,000 after acquiring an additional 504 shares during the last quarter. Finally, Hennessy Advisors Inc. acquired a new stake in CommVault Systems in the second quarter valued at $113,000. Institutional investors own 93.50% of the company’s stock.

Insider Buying and Selling at CommVault Systems

In other news, Director Allison Pickens sold 690 shares of the business’s stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $177.89, for a total value of $122,744.10. Following the completion of the sale, the director owned 5,166 shares of the company’s stock, valued at approximately $918,979.74. The trade was a 11.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Jennifer Leigh Dirico sold 14,909 shares of the company’s stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $182.22, for a total transaction of $2,716,717.98. Following the completion of the transaction, the chief financial officer owned 45,143 shares in the company, valued at $8,225,957.46. This trade represents a 24.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 30,843 shares of company stock valued at $5,553,047 in the last ninety days. 1.00% of the stock is currently owned by corporate insiders.

CommVault Systems Trading Down 2.5%

Shares of CVLT stock opened at $119.50 on Thursday. CommVault Systems, Inc. has a 12-month low of $117.81 and a 12-month high of $200.68. The company has a market capitalization of $5.27 billion, a PE ratio of 67.14 and a beta of 0.68. The firm has a 50 day moving average price of $163.81 and a two-hundred day moving average price of $173.39. The company has a quick ratio of 1.24, a current ratio of 2.53 and a debt-to-equity ratio of 4.18.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Baird R W raised shares of CommVault Systems to a “strong-buy” rating in a report on Monday, October 27th. 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 research report on Wednesday, October 29th. Robert W. Baird began coverage on CommVault Systems in a research note on Monday, October 27th. They issued an “outperform” rating and a $215.00 price objective on the stock. Cantor Fitzgerald reduced their target price on CommVault Systems from $189.00 to $144.00 and set a “neutral” rating for the company in a research note on Wednesday, October 29th. Finally, Wall Street Zen cut CommVault Systems from a “buy” rating to a “hold” rating in a research note on Saturday, November 1st. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $195.10.

View Our Latest Stock Analysis on CommVault Systems

About CommVault Systems

(Free Report)

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.

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Institutional Ownership by Quarter for CommVault Systems (NASDAQ:CVLT)

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