Versor Investments LP Has $766,000 Position in CommVault Systems, Inc. $CVLT

Versor Investments LP lifted its position in shares of CommVault Systems, Inc. (NASDAQ:CVLTFree Report) by 158.6% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 4,396 shares of the software maker’s stock after purchasing an additional 2,696 shares during the quarter. Versor Investments LP’s holdings in CommVault Systems were worth $766,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of CVLT. Janney Montgomery Scott LLC acquired a new position in shares of CommVault Systems during the first quarter worth about $243,000. Principal Financial Group Inc. boosted its position in shares of CommVault Systems by 1.4% during the first quarter. Principal Financial Group Inc. now owns 122,042 shares of the software maker’s stock worth $19,253,000 after buying an additional 1,668 shares during the period. TD Private Client Wealth LLC boosted its position in shares of CommVault Systems by 36.6% during the first quarter. TD Private Client Wealth LLC now owns 956 shares of the software maker’s stock worth $151,000 after buying an additional 256 shares during the period. M&T Bank Corp boosted its position in shares of CommVault Systems by 8.5% during the first quarter. M&T Bank Corp now owns 2,382 shares of the software maker’s stock worth $375,000 after buying an additional 187 shares during the period. Finally, Banque Pictet & Cie SA acquired a new position in shares of CommVault Systems during the first quarter worth about $519,000. 93.50% of the stock is owned by institutional investors and hedge funds.

CommVault Systems Price Performance

NASDAQ:CVLT opened at $140.37 on Tuesday. The company has a quick ratio of 1.24, a current ratio of 2.53 and a debt-to-equity ratio of 4.18. The stock’s 50 day moving average price is $176.95 and its two-hundred day moving average price is $176.30. The firm has a market capitalization of $6.19 billion, a price-to-earnings ratio of 78.86 and a beta of 0.72. CommVault Systems, Inc. has a 12-month low of $128.07 and a 12-month high of $200.68.

CommVault Systems (NASDAQ:CVLTGet Free Report) last released its quarterly earnings data on Tuesday, October 28th. The software maker reported $0.91 earnings per share (EPS) for the quarter, missing the consensus estimate 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 net margin of 7.32% and a return on equity of 31.53%. CommVault Systems’s quarterly revenue was up 18.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.83 EPS. CommVault Systems has set its Q3 2026 guidance at EPS. FY 2026 guidance at EPS. On average, analysts anticipate that CommVault Systems, Inc. will post 1.65 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on CVLT. DA Davidson upped their price objective on CommVault Systems from $200.00 to $220.00 and gave the stock a “buy” rating in a research report on Wednesday, July 30th. Zacks Research upgraded CommVault Systems from a “hold” rating to a “strong-buy” rating in a report on Monday, October 13th. Baird R W upgraded CommVault Systems to a “strong-buy” rating in a report on Monday, October 27th. Truist Financial dropped their target price on CommVault Systems from $230.00 to $210.00 and set a “buy” rating on the stock in a report on Wednesday, October 29th. Finally, Cantor Fitzgerald dropped their target price on CommVault Systems from $189.00 to $144.00 and set a “neutral” rating on the stock in a report on Wednesday, October 29th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, CommVault Systems currently has a consensus rating of “Moderate Buy” and a consensus target price of $195.10.

Read Our Latest Report on CommVault Systems

Insiders Place Their Bets

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 stock was sold at an average price of $177.89, for a total value of $122,744.10. Following the sale, the director owned 5,166 shares in the company, valued at $918,979.74. This represents a 11.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Jennifer Leigh Dirico sold 14,909 shares of the company’s stock in a transaction that occurred on Tuesday, September 9th. The shares were sold at an average price of $182.22, for a total value of $2,716,717.98. Following the completion of the sale, the chief financial officer owned 45,143 shares in the company, valued at $8,225,957.46. This represents a 24.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 55,942 shares of company stock worth $10,019,157 over the last ninety days. 1.00% of the stock is currently owned by corporate insiders.

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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