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

Key Points

• CommVault Systems, Inc. has received a consensus recommendation of "Moderate Buy," with six analysts issuing buy ratings and three rating it hold, while the average one-year target price is set at $205.63.
• Insider trading activity includes notable sales by Director Allison Pickens and CFO Jennifer Leigh Dirico, who sold shares valued at over $2.8 million combined, reflecting significant decreases in their ownership.
• The company reported a 26% year-over-year revenue increase in its last quarterly earnings, posting revenue of $281.98 million and earnings per share of $1.01, surpassing analyst expectations.

CommVault Systems, Inc. (NASDAQ:CVLT - Get Free Report) has received an average recommendation of "Moderate Buy" from the nine brokerages that are presently covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $205.6250.

Several equities analysts have recently weighed in on CVLT shares. Wall Street Zen downgraded CommVault Systems from a "strong-buy" rating to a "buy" rating in a research report on Sunday, September 21st. Piper Sandler upped their target price on CommVault Systems from $168.00 to $170.00 and gave the company a "neutral" rating in a report on Monday, July 14th. KeyCorp increased their price target on CommVault Systems from $195.00 to $225.00 and gave the company an "overweight" rating in a research report on Wednesday, July 30th. Royal Bank Of Canada boosted their price objective on CommVault Systems from $185.00 to $217.00 and gave the stock a "sector perform" rating in a report on Wednesday, July 30th. Finally, Wells Fargo & Company raised their target price on shares of CommVault Systems from $190.00 to $220.00 and gave the stock an "overweight" rating in a report on Wednesday, July 30th.

Insiders Place Their Bets

In other CommVault Systems news, Director Allison Pickens sold 690 shares of the stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $177.89, for a total value of $122,744.10. Following the completion of the sale, the director owned 5,166 shares in the company, valued at $918,979.74. This represents a 11.78% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Jennifer Leigh Dirico sold 14,909 shares of the company'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 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 ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 55,942 shares of company stock valued at $10,019,157 in the last 90 days. Insiders own 1.00% of the company's stock.

Hedge Funds Weigh In On CommVault Systems

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Janney Montgomery Scott LLC bought a new position in CommVault Systems during the first quarter valued at about $243,000. Asset Management One Co. Ltd. bought a new position in shares of CommVault Systems in the 1st quarter valued at approximately $1,229,000. Principal Financial Group Inc. lifted its holdings in CommVault Systems by 1.4% in the 1st quarter. Principal Financial Group Inc. now owns 122,042 shares of the software maker's stock worth $19,253,000 after purchasing an additional 1,668 shares during the last quarter. Yorktown Management & Research Co Inc bought a new stake in CommVault Systems during the first quarter worth approximately $260,000. Finally, Wedge Capital Management L L P NC grew its holdings in CommVault Systems by 1,936.0% during the first quarter. Wedge Capital Management L L P NC now owns 360,355 shares of the software maker's stock valued at $56,850,000 after purchasing an additional 342,656 shares during the last quarter. Institutional investors own 93.50% of the company's stock.

CommVault Systems Stock Performance

Shares of CVLT stock opened at $190.30 on Friday. The company's 50-day simple moving average is $182.42 and its 200-day simple moving average is $173.71. CommVault Systems has a one year low of $128.07 and a one year high of $200.68. The stock has a market capitalization of $8.46 billion, a price-to-earnings ratio of 105.72 and a beta of 0.74.

CommVault Systems (NASDAQ:CVLT - Get Free Report) last announced its quarterly earnings results on Tuesday, July 29th. The software maker reported $1.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.04. CommVault Systems had a return on equity of 30.83% and a net margin of 7.70%.The business had revenue of $281.98 million for the quarter, compared to the consensus estimate of $267.83 million. The business's revenue for the quarter was up 26% on a year-over-year basis. CommVault Systems has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. As a group, research analysts forecast that CommVault Systems will post 1.65 EPS for the current 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.

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