Axiom Investors LLC DE Makes New $8.17 Million Investment in CommVault Systems, Inc. $CVLT

Key Points

• Axiom Investors LLC DE has made a new investment in CommVault Systems, acquiring approximately 51,775 shares valued at around $8.17 million during the 1st quarter.
• CommVault Systems' shares are currently trading at $181.04, with a market cap of $8.05 billion and reported earnings of $1.01 per share, surpassing analyst expectations.
• Insider selling activity includes CEO Sanjay Mirchandani and insider Gary Merrill, who sold shares recently, indicating possible changes in insider sentiment towards the stock.

Axiom Investors LLC DE acquired a new position in shares of CommVault Systems, Inc. (NASDAQ:CVLT - Free Report) in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 51,775 shares of the software maker's stock, valued at approximately $8,168,000. Axiom Investors LLC DE owned approximately 0.12% of CommVault Systems as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in CVLT. Raymond James Financial Inc. acquired a new position in shares of CommVault Systems during the 4th quarter worth about $2,815,000. Mariner LLC boosted its position in shares of CommVault Systems by 3.7% during the 4th quarter. Mariner LLC now owns 3,310 shares of the software maker's stock worth $500,000 after acquiring an additional 118 shares in the last quarter. NewEdge Advisors LLC boosted its position in shares of CommVault Systems by 175.1% during the 4th quarter. NewEdge Advisors LLC now owns 4,512 shares of the software maker's stock worth $681,000 after acquiring an additional 2,872 shares in the last quarter. First Trust Advisors LP boosted its position in shares of CommVault Systems by 30.2% during the 4th quarter. First Trust Advisors LP now owns 104,448 shares of the software maker's stock worth $15,762,000 after acquiring an additional 24,227 shares in the last quarter. Finally, Tower Research Capital LLC TRC boosted its position in shares of CommVault Systems by 223.0% during the 4th quarter. Tower Research Capital LLC TRC now owns 5,084 shares of the software maker's stock worth $767,000 after acquiring an additional 3,510 shares in the last quarter. 93.50% of the stock is owned by institutional investors and hedge funds.

CommVault Systems Stock Up 2.6%

Shares of NASDAQ CVLT opened at $181.04 on Friday. The stock has a market cap of $8.05 billion, a PE ratio of 100.58 and a beta of 0.70. CommVault Systems, Inc. has a 52-week low of $128.07 and a 52-week high of $200.68. The business has a 50-day moving average price of $176.86 and a 200 day moving average price of $171.35.

CommVault Systems (NASDAQ:CVLT - Get Free Report) last announced 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. The firm had revenue of $281.98 million during the quarter, compared to analysts' expectations of $267.83 million. CommVault Systems had a return on equity of 30.83% and a net margin of 7.70%.CommVault Systems'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. Sell-side analysts anticipate that CommVault Systems, Inc. will post 1.65 earnings per share for the current year.

Analyst Ratings Changes

CVLT has been the subject of several analyst reports. Piper Sandler upped their price objective on CommVault Systems from $168.00 to $170.00 and gave the stock a "neutral" rating in a research report on Monday, July 14th. Oppenheimer upped their price objective on CommVault Systems from $180.00 to $200.00 and gave the stock an "outperform" rating in a research report on Wednesday, April 30th. Royal Bank Of Canada upped their price objective on CommVault Systems from $185.00 to $217.00 and gave the stock a "sector perform" rating in a research report on Wednesday, July 30th. Guggenheim set a $220.00 target price on CommVault Systems in a research report on Tuesday, July 29th. Finally, DA Davidson upped their target price on CommVault Systems from $200.00 to $220.00 and gave the company a "buy" rating in a research report on Wednesday, July 30th. Six analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $205.63.

Insider Buying and Selling at CommVault Systems

In other CommVault Systems news, insider Gary Merrill sold 2,628 shares of the company's stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $178.03, for a total transaction of $467,862.84. Following the completion of the sale, the insider directly owned 87,081 shares of the company's stock, valued at $15,503,030.43. This represents a 2.93% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Sanjay Mirchandani sold 11,320 shares of the company's stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $177.83, for a total value 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. This represents a 2.41% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 25,099 shares of company stock valued at $4,466,111 in the last ninety days. Insiders own 1.00% of the company's stock.

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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