Swiss National Bank Sells 700 Shares of CommVault Systems, Inc. $CVLT

Swiss National Bank trimmed its stake in shares of CommVault Systems, Inc. (NASDAQ:CVLT) by 0.8% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 84,000 shares of the software maker’s stock after selling 700 shares during the period. Swiss National Bank owned approximately 0.19% of CommVault Systems worth $14,644,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of CVLT. Brooklyn Investment Group boosted its position in CommVault Systems by 8,550.0% in the first quarter. Brooklyn Investment Group now owns 173 shares of the software maker’s stock worth $27,000 after purchasing an additional 171 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in CommVault Systems by 126.3% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 516 shares of the software maker’s stock worth $81,000 after acquiring an additional 288 shares during the period. Reyes Financial Architecture Inc. bought a new stake in shares of CommVault Systems during the 2nd quarter valued at $98,000. Spire Wealth Management lifted its position 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 valued at $106,000 after acquiring an additional 504 shares in the last quarter. Finally, Hennessy Advisors Inc. bought a new position in shares of CommVault Systems in the second quarter worth about $113,000. Hedge funds and other institutional investors own 93.50% of the company’s stock.

CommVault Systems Price Performance

CVLT stock opened at $123.26 on Friday. CommVault Systems, Inc. has a 52 week low of $116.33 and a 52 week high of $200.68. The firm has a market capitalization of $5.44 billion, a P/E ratio of 69.25 and a beta of 0.68. The company has a fifty day simple moving average of $155.95 and a two-hundred day simple moving average of $171.22. 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:CVLT) last posted its earnings results on Tuesday, October 28th. The software maker reported $0.91 earnings per share for the quarter, missing analysts’ consensus estimates of $0.95 by ($0.04). The business had revenue of $276.19 million during the quarter, compared to the consensus estimate of $273.31 million. CommVault Systems had a return on equity of 31.53% and a net margin of 7.32%.The business’s quarterly revenue was up 18.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.83 earnings per share. CommVault Systems has set its Q3 2026 guidance at EPS. FY 2026 guidance at EPS. Analysts anticipate that CommVault Systems, Inc. will post 1.65 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

CVLT has been the topic of several recent analyst reports. Wells Fargo & Company decreased their target price on CommVault Systems from $220.00 to $190.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 29th. Piper Sandler upgraded shares of CommVault Systems from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $195.00 to $200.00 in a research report on Monday, October 13th. KeyCorp dropped their target price on shares of CommVault Systems from $225.00 to $185.00 and set an “overweight” rating for the company in a research report on Wednesday, October 29th. DA Davidson reaffirmed a “buy” rating and set a $220.00 target price on shares of CommVault Systems in a research note on Thursday, November 13th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of CommVault Systems in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, CommVault Systems currently has a consensus rating of “Moderate Buy” and an average price target of $195.10.

Insider Buying and Selling

In other CommVault Systems news, CFO Jennifer Leigh Dirico sold 830 shares of the company’s stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $123.58, for a total transaction of $102,571.40. Following the sale, the chief financial officer directly owned 44,313 shares in the company, valued at $5,476,200.54. This represents a 1.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Allison Pickens sold 690 shares of the firm’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 value of $122,744.10. Following the completion of the sale, the director directly owned 5,166 shares of the company’s stock, valued at $918,979.74. The trade was a 11.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 63,954 shares of company stock valued at $9,611,898. Insiders own 1.00% of the company’s stock.

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.