Vise Technologies Inc. Buys Shares of 2,461 CommVault Systems, Inc. $CVLT

Vise Technologies Inc. purchased a new stake in shares of CommVault Systems, Inc. (NASDAQ:CVLT) during the second quarter, Holdings Channel reports. The fund purchased 2,461 shares of the software maker’s stock, valued at approximately $429,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. SBI Securities Co. Ltd. raised its holdings in CommVault Systems by 101.3% in the 1st quarter. SBI Securities Co. Ltd. now owns 159 shares of the software maker’s stock valued at $25,000 after buying an additional 80 shares during the last quarter. Cullen Frost Bankers Inc. acquired a new position in CommVault Systems in the 1st quarter valued at approximately $27,000. Brooklyn Investment Group raised its stake in shares of CommVault Systems by 8,550.0% during the first quarter. Brooklyn Investment Group now owns 173 shares of the software maker’s stock valued at $27,000 after acquiring an additional 171 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of CommVault Systems by 126.3% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 516 shares of the software maker’s stock valued at $81,000 after acquiring an additional 288 shares during the last quarter. Finally, Reyes Financial Architecture Inc. acquired a new position in shares of CommVault Systems during the second quarter worth $98,000. Institutional investors and hedge funds own 93.50% of the company’s stock.

Insider Transactions at CommVault Systems

In related news, CFO Jennifer Leigh Dirico sold 14,909 shares of the stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $182.22, for a total value of $2,716,717.98. Following the transaction, the chief financial officer directly owned 45,143 shares in the company, 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 Securities & Exchange Commission, which is available at this link. Also, Director Allison Pickens sold 690 shares of the business’s stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $177.89, for a total transaction of $122,744.10. Following the sale, the director owned 5,166 shares of the company’s stock, valued at $918,979.74. This trade represents a 11.78% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 55,942 shares of company stock valued at $10,019,157 over the last ninety days. Company insiders own 1.00% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on CVLT. Oppenheimer started coverage on CommVault Systems in a report on Monday, November 10th. They issued an “outperform” rating for the company. Piper Sandler upgraded CommVault Systems from a “neutral” rating to an “overweight” rating and raised their price objective for the stock from $195.00 to $200.00 in a research report on Monday, October 13th. Robert W. Baird started coverage on CommVault Systems in a research note on Monday, October 27th. They issued an “outperform” rating and a $215.00 price objective on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of CommVault Systems in a research report on Wednesday, October 8th. Finally, Wells Fargo & Company lowered their price target on shares of CommVault Systems from $220.00 to $190.00 and set an “overweight” rating for the company in a report on Wednesday, October 29th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $195.10.

CommVault Systems Trading Up 0.6%

CVLT opened at $127.38 on Friday. CommVault Systems, Inc. has a 1-year low of $121.45 and a 1-year high of $200.68. The company has a current ratio of 2.53, a quick ratio of 1.24 and a debt-to-equity ratio of 4.18. The company has a market cap of $5.62 billion, a P/E ratio of 71.56 and a beta of 0.68. The company has a fifty day moving average price of $167.36 and a two-hundred day moving average price of $174.35.

CommVault Systems (NASDAQ:CVLT) last released its quarterly earnings data on Tuesday, October 28th. The software maker reported $0.91 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.95 by ($0.04). CommVault Systems had a return on equity of 31.53% and a net margin of 7.32%.The company had revenue of $448.85 million for the quarter, compared to the consensus estimate of $273.31 million. During the same period last year, the company earned $0.83 EPS. CommVault Systems’s revenue for the quarter was up 18.4% compared to the same quarter last year. CommVault Systems has set its Q3 2026 guidance at EPS. FY 2026 guidance at EPS. Analysts predict that CommVault Systems, Inc. will post 1.65 EPS for the current fiscal year.

About CommVault Systems

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.