JPMorgan Chase & Co. increased its stake in shares of CommVault Systems, Inc. (NASDAQ:CVLT – Free Report) by 131.7% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 382,778 shares of the software maker’s stock after acquiring an additional 217,557 shares during the period. JPMorgan Chase & Co. owned about 0.87% of CommVault Systems worth $72,261,000 as of its most recent filing with the SEC.
Other large investors have also recently bought and sold shares of the company. State of Wyoming bought a new position in CommVault Systems in the second quarter valued at approximately $35,000. Banque Cantonale Vaudoise bought a new stake in shares of CommVault Systems during the 3rd quarter worth approximately $39,000. Cullen Frost Bankers Inc. raised its stake in shares of CommVault Systems by 43.8% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 243 shares of the software maker’s stock worth $46,000 after purchasing an additional 74 shares in the last quarter. Assetmark Inc. boosted its holdings in shares of CommVault Systems by 2,950.0% in the 3rd quarter. Assetmark Inc. now owns 244 shares of the software maker’s stock valued at $46,000 after buying an additional 236 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its holdings in shares of CommVault Systems by 188.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 271 shares of the software maker’s stock valued at $47,000 after buying an additional 177 shares during the last quarter. 93.50% of the stock is owned by institutional investors and hedge funds.
Insider Transactions at CommVault Systems
In other CommVault Systems news, CEO Sanjay Mirchandani sold 10,052 shares of the stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $80.09, for a total value of $805,064.68. Following the transaction, the chief executive officer directly owned 332,529 shares of the company’s stock, valued at $26,632,247.61. This represents a 2.93% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Gary Merrill sold 1,892 shares of the stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $91.28, for a total transaction of $172,701.76. Following the completion of the transaction, the insider directly owned 62,833 shares in the company, valued at approximately $5,735,396.24. This represents a 2.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 31,355 shares of company stock valued at $2,613,165. 1.00% of the stock is currently owned by corporate insiders.
Key Stories Impacting CommVault Systems
- Positive Sentiment: Commvault announced expanded data & AI security controls in Commvault Cloud (real‑time governance and Data Security Posture Management) leveraging its Satori acquisition — a product move that should help address enterprise AI/cloud risk budgets and supports recurring cloud revenue potential. Commvault Extends Enterprise Resilience to Structured and AI Data
- Positive Sentiment: Commvault expanded Threat Scan with layered threat detection, IOC hunting and file‑level inspection tied to Synthetic Recovery — enhancements that strengthen its defense‑in‑depth pitch and may reduce customer churn after attacks, supporting retention and upsell. Commvault Expands Threat Scan
- Positive Sentiment: Commvault is promoting integrated AI‑enabled data security and recovery at RSAC 2026 — a visible go‑to‑market push that can accelerate pipeline and partner engagement. Commvault RSAC 2026 Presence
- Neutral Sentiment: Market write‑up assessing CVLT valuation after a recent sharp share pullback — useful context for investors but no new company‑specific catalyst. Assessing Commvault Systems Valuation
- Negative Sentiment: CEO Sanjay Mirchandani sold a total of 20,390 shares on March 16–17 for roughly $1.62M of proceeds, trimming his stake to ~332,529 shares — insider sales can be perceived as a near‑term negative signal even if not tied to company fundamentals. SEC Form 4 Filings
- Negative Sentiment: DA Davidson cut its price target from $135 to $125 (retaining a Buy rating) — a reduction in analyst upside that can weigh on sentiment despite the still‑elevated target vs. current levels. DA Davidson price target note
CommVault Systems Stock Up 0.5%
CVLT opened at $80.55 on Thursday. CommVault Systems, Inc. has a 1-year low of $77.79 and a 1-year high of $200.68. The stock’s fifty day simple moving average is $95.68 and its 200 day simple moving average is $131.17. The company has a current ratio of 2.34, a quick ratio of 2.34 and a debt-to-equity ratio of 4.06. The stock has a market cap of $3.54 billion, a PE ratio of 41.52 and a beta of 0.59.
CommVault Systems (NASDAQ:CVLT – Get Free Report) last released its quarterly earnings data on Tuesday, January 27th. The software maker reported $1.17 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.19. CommVault Systems had a net margin of 7.58% and a return on equity of 37.38%. The firm had revenue of $313.83 million during the quarter, compared to analysts’ expectations of $299.07 million. During the same period in the previous year, the business posted $0.94 earnings per share. The company’s revenue for the quarter was up 19.5% compared to the same quarter last year. As a group, research analysts expect that CommVault Systems, Inc. will post 1.65 earnings per share for the current year.
Analysts Set New Price Targets
CVLT has been the topic of a number of recent analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of CommVault Systems in a report on Wednesday, January 21st. Stephens cut their price target on shares of CommVault Systems from $162.00 to $135.00 and set an “overweight” rating for the company in a research note on Wednesday, January 28th. Zacks Research raised shares of CommVault Systems from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 30th. Oppenheimer lowered their price objective on shares of CommVault Systems from $180.00 to $150.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 28th. Finally, Royal Bank Of Canada dropped their target price on shares of CommVault Systems from $167.00 to $100.00 and set a “sector perform” rating on the stock in a report on Wednesday, January 28th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $142.75.
View Our Latest Analysis on CommVault Systems
About CommVault Systems
Commvault Systems, Inc is a global provider of data protection and information management software designed to help organizations manage, protect, and activate data across on-premises and cloud environments. Founded in 1996 and headquartered in Tinton Falls, New Jersey, Commvault offers a suite of integrated products and services that enable enterprises to back up, recover, archive, and analyze data. Its flagship solutions include Commvault Complete Data Protection, Commvault HyperScale, and the SaaS-based Metallic portfolio, which deliver scalable and automated data management capabilities across hybrid infrastructure environments.
Commvault’s platform is built on a unified architecture that allows customers to streamline operations, reduce complexity, and ensure data resiliency.
Featured Stories
Want to see what other hedge funds are holding CVLT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CommVault Systems, Inc. (NASDAQ:CVLT – Free Report).
Receive News & Ratings for CommVault Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CommVault Systems and related companies with MarketBeat.com's FREE daily email newsletter.
