CommVault Systems, Inc. (NASDAQ:CVLT) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Key Points

• CommVault Systems, Inc. has received a consensus rating of "Moderate Buy" from nine analysts, with an average 12-month price target of $205.63.
• Insider selling activity has been noted, with significant share sales by both Gary Merrill and CFO Jennifer Leigh Dirico on August 18th.
• The company reported a revenue increase of 26% year-over-year with quarterly earnings surpassing expectations, achieving $1.01 EPS compared to the consensus estimate of $0.97.

CommVault Systems, Inc. (NASDAQ:CVLT - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the nine brokerages that are presently covering the stock, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is $205.6250.

Several equities analysts have commented on the stock. Wall Street Zen downgraded shares of CommVault Systems from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 9th. Royal Bank Of Canada raised their price target on CommVault Systems from $185.00 to $217.00 and gave the company a "sector perform" rating in a research report on Wednesday, July 30th. KeyCorp increased their target price on shares of CommVault Systems from $195.00 to $225.00 and gave the company an "overweight" rating in a research note on Wednesday, July 30th. Guggenheim set a $220.00 target price on shares of CommVault Systems in a research note on Tuesday, July 29th. Finally, DA Davidson raised their price target on shares of CommVault Systems from $200.00 to $220.00 and gave the stock a "buy" rating in a research note on Wednesday, July 30th.

CommVault Systems Stock Up 1.0%

Shares of CVLT traded up $1.82 during mid-day trading on Wednesday, reaching $178.97. The company's stock had a trading volume of 570,563 shares, compared to its average volume of 505,823. The business has a fifty day moving average of $177.62 and a 200 day moving average of $171.53. The company has a market cap of $7.96 billion, a price-to-earnings ratio of 99.43 and a beta of 0.74. CommVault Systems has a 1 year low of $128.07 and a 1 year high of $200.68.

CommVault Systems (NASDAQ:CVLT - Get Free Report) last released its earnings results on Tuesday, July 29th. The software maker reported $1.01 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.97 by $0.04. CommVault Systems had a return on equity of 30.83% and a net margin of 7.70%.The company had revenue of $281.98 million during the quarter, compared to analyst estimates of $267.83 million. The company's revenue was up 26% compared to the same quarter last year. CommVault Systems has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. On average, analysts predict that CommVault Systems will post 1.65 earnings per share for the current year.

Insider Activity

In other news, insider Gary Merrill sold 2,628 shares of the firm's stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $178.03, for a total transaction of $467,862.84. Following the completion of the sale, the insider owned 87,081 shares of the company's stock, valued at approximately $15,503,030.43. This trade represents a 2.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Sanjay Mirchandani sold 11,320 shares of the firm's stock in a transaction that occurred on 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 sale, the chief executive officer directly owned 458,361 shares of the company's stock, valued at approximately $81,510,336.63. The trade was a 2.41% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 25,789 shares of company stock worth $4,588,855. Corporate insiders own 1.00% of the company's stock.

Institutional Trading of CommVault Systems

Hedge funds and other institutional investors have recently modified their holdings of the stock. SBI Securities Co. Ltd. increased its holdings in shares of CommVault Systems by 101.3% in 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 in the last quarter. Cullen Frost Bankers Inc. acquired a new position in CommVault Systems in the first quarter valued at about $27,000. Whipplewood Advisors LLC lifted its position in CommVault Systems by 584.0% in the 1st quarter. Whipplewood Advisors LLC now owns 171 shares of the software maker's stock valued at $27,000 after acquiring an additional 146 shares in the last quarter. Brooklyn Investment Group lifted its position in CommVault Systems by 8,550.0% during the 1st quarter. Brooklyn Investment Group now owns 173 shares of the software maker's stock worth $27,000 after buying an additional 171 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB raised its holdings in shares of CommVault Systems by 208.3% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 185 shares of the software maker's stock valued at $29,000 after purchasing an additional 125 shares during the period. Institutional investors and hedge funds own 93.50% of the company's stock.

CommVault Systems Company 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.