Thrivent Financial for Lutherans Grows Stock Holdings in CommVault Systems, Inc. $CVLT

Thrivent Financial for Lutherans grew its position in shares of CommVault Systems, Inc. (NASDAQ:CVLT) by 17.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,643 shares of the software maker’s stock after purchasing an additional 4,950 shares during the period. Thrivent Financial for Lutherans owned approximately 0.08% of CommVault Systems worth $4,218,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in CVLT. Tudor Investment Corp ET AL purchased a new position in shares of CommVault Systems during the 3rd quarter valued at $1,887,800,000. First Trust Advisors LP lifted its stake in CommVault Systems by 1,335.8% in the third quarter. First Trust Advisors LP now owns 1,224,856 shares of the software maker’s stock worth $231,228,000 after purchasing an additional 1,139,547 shares during the last quarter. M&T Bank Corp lifted its stake in CommVault Systems by 22,133.9% in the fourth quarter. M&T Bank Corp now owns 610,098 shares of the software maker’s stock worth $76,482,000 after purchasing an additional 607,354 shares during the last quarter. Westfield Capital Management Co. LP lifted its stake in CommVault Systems by 135.6% in the third quarter. Westfield Capital Management Co. LP now owns 786,175 shares of the software maker’s stock worth $148,414,000 after purchasing an additional 452,422 shares during the last quarter. Finally, AQR Capital Management LLC raised its stake in shares of CommVault Systems by 60.8% during the second quarter. AQR Capital Management LLC now owns 893,385 shares of the software maker’s stock valued at $155,744,000 after acquiring an additional 337,830 shares during the last quarter. 93.50% of the stock is currently owned by hedge funds and other institutional investors.

CommVault Systems Stock Performance

CVLT opened at $107.25 on Friday. CommVault Systems, Inc. has a fifty-two week low of $71.75 and a fifty-two week high of $200.68. The stock has a market capitalization of $4.42 billion, a price-to-earnings ratio of 67.45 and a beta of 0.77. The company has a fifty day moving average of $90.43 and a 200 day moving average of $104.25. The company has a debt-to-equity ratio of 117.54, a quick ratio of 1.95 and a current ratio of 1.95.

CommVault Systems (NASDAQ:CVLT) last issued its quarterly earnings data on Tuesday, April 28th. The software maker reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.09 by $0.19. CommVault Systems had a net margin of 5.97% and a return on equity of 51.64%. The business had revenue of $311.69 million during the quarter, compared to analysts’ expectations of $306.71 million. During the same period last year, the company posted $1.03 EPS. The business’s revenue was up 13.3% on a year-over-year basis. As a group, sell-side analysts forecast that CommVault Systems, Inc. will post 2.86 earnings per share for the current fiscal year.

CommVault Systems News Summary

Here are the key news stories impacting CommVault Systems this week:

• Positive Sentiment: CommVault’s latest quarterly results were solid, with EPS of $1.28 beating estimates and revenue of $311.69 million topping expectations, while sales rose 13.3% year over year. CommVault Systems stock information
• Neutral Sentiment: Several insider sales by the CEO, CFO, and CAO were disclosed, but the filings say the transactions were made under pre-arranged 10b5-1 plans and mainly for tax withholding tied to equity awards.
• Negative Sentiment: Multiple law firms issued class-action notices and deadline reminders for CVLT shareholders, keeping investor focus on alleged false or misleading statements and possible securities fraud claims. Article Title
• Negative Sentiment: One lawsuit filing specifically linked the case to a sharp share-price drop after Q3 2026 results and alleged inconsistencies with the company’s earlier growth narrative, which may weigh on sentiment.

Insider Transactions at CommVault Systems

In other news, CAO Danielle Nicole Abrahamsen sold 1,065 shares of CommVault Systems stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $105.84, for a total value of $112,719.60. Following the transaction, the chief accounting officer owned 13,581 shares of the company’s stock, valued at $1,437,413.04. The trade was a 7.27% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Gary Merrill sold 4,560 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $105.10, for a total transaction of $479,256.00. Following the sale, the chief financial officer directly owned 72,507 shares in the company, valued at approximately $7,620,485.70. This represents a 5.92% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 66,706 shares of company stock valued at $6,437,884 in the last 90 days. Insiders own 1.00% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on CVLT shares. Robert W. Baird lowered their price objective on shares of CommVault Systems from $185.00 to $160.00 and set an “outperform” rating for the company in a research note on Monday, April 13th. Mizuho decreased their target price on shares of CommVault Systems from $180.00 to $140.00 and set an “outperform” rating for the company in a research note on Wednesday, January 28th. Wells Fargo & Company decreased their target price on shares of CommVault Systems from $190.00 to $155.00 and set an “overweight” rating for the company in a research note on Wednesday, January 28th. Loop Capital started coverage on shares of CommVault Systems in a report on Tuesday, March 24th. They set a “buy” rating and a $125.00 price target on the stock. Finally, Truist Financial reiterated a “buy” rating and set a $155.00 price target (down from $175.00) on shares of CommVault Systems in a report on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat.com, CommVault Systems currently has a consensus rating of “Moderate Buy” and an average target price of $135.00.

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.