Sigma Planning Corp Invests $437,000 in CommVault Systems, Inc. $CVLT

Sigma Planning Corp bought a new stake in shares of CommVault Systems, Inc. (NASDAQ:CVLT) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 2,509 shares of the software maker’s stock, valued at approximately $437,000.

Several other institutional investors and hedge funds have also bought and sold shares of CVLT. SBI Securities Co. Ltd. raised its holdings in shares of CommVault Systems by 101.3% during the first quarter. SBI Securities Co. Ltd. now owns 159 shares of the software maker’s stock valued at $25,000 after purchasing an additional 80 shares during the period. Cullen Frost Bankers Inc. bought a new stake in CommVault Systems in the 1st quarter valued at about $27,000. Brooklyn Investment Group increased its position in 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 in 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 buying an additional 288 shares during the period. Finally, Reyes Financial Architecture Inc. bought a new position in CommVault Systems in the second quarter worth approximately $98,000. 93.50% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, CFO Jennifer Leigh Dirico sold 14,909 shares of the firm’s stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $182.22, for a total transaction of $2,716,717.98. Following the completion of the sale, the chief financial officer directly owned 45,143 shares of the company’s stock, valued at $8,225,957.46. This trade represents a 24.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Sanjay Mirchandani sold 11,320 shares of the business’s stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $177.83, for a total transaction of $2,013,035.60. Following the completion of the transaction, the chief executive officer directly owned 458,361 shares in the company, valued at $81,510,336.63. This trade represents a 2.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 55,942 shares of company stock worth $10,019,157 over the last 90 days. Company insiders own 1.00% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on CVLT shares. Wells Fargo & Company decreased their price objective on CommVault Systems from $220.00 to $190.00 and set an “overweight” rating for the company in a report on Wednesday, October 29th. Zacks Research lowered shares of CommVault Systems from a “strong-buy” rating to a “strong sell” rating in a research note on Friday, October 31st. Cantor Fitzgerald lowered their price objective on shares of CommVault Systems from $189.00 to $144.00 and set a “neutral” rating on the stock in a report on Wednesday, October 29th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of CommVault Systems in a research note on Wednesday, October 8th. Finally, Royal Bank Of Canada decreased their target price on shares of CommVault Systems from $217.00 to $167.00 and set a “sector perform” rating for the company in a research report on Wednesday, October 29th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $195.10.

CommVault Systems Stock Up 1.9%

CVLT opened at $127.44 on Friday. CommVault Systems, Inc. has a fifty-two week low of $121.45 and a fifty-two week high of $200.68. The firm has a market capitalization of $5.62 billion, a P/E ratio of 71.60 and a beta of 0.68. The company’s 50-day moving average is $172.56 and its 200 day moving average is $175.58. The company has a debt-to-equity ratio of 4.18, a current ratio of 2.53 and a quick ratio of 1.24.

CommVault Systems (NASDAQ:CVLT) last announced 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 analysts’ expectations of $273.31 million. CommVault Systems had a return on equity of 31.53% and a net margin of 7.32%.CommVault Systems’s quarterly revenue was up 18.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.83 EPS. CommVault Systems has set its Q3 2026 guidance at EPS. FY 2026 guidance at EPS. Research analysts expect that CommVault Systems, Inc. will post 1.65 earnings per share for the current fiscal year.

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.