Axiom Investors LLC DE Purchases New Shares in CommVault Systems, Inc. $CVLT

Key Points

• Axiom Investors LLC recently acquired a new stake in CommVault Systems, purchasing 51,775 shares valued at approximately $8.17 million, representing about 0.12% of the company.
• CommVault Systems reported a quarterly earnings per share of $1.01, surpassing analysts' expectations, along with a 26% year-over-year revenue increase, totaling $281.98 million.
• The stock's consensus price target is $205.63, with six analysts rating it as a "Buy" and three as a "Hold."

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

Several other institutional investors and hedge funds have also recently bought and sold shares of CVLT. Nuveen LLC purchased a new stake in CommVault Systems in the 1st quarter valued at $116,223,000. Wedge Capital Management L L P NC boosted its holdings in shares of CommVault Systems by 1,936.0% in 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 acquiring an additional 342,656 shares in the last quarter. Champlain Investment Partners LLC purchased a new stake in shares of CommVault Systems in the first quarter valued at about $47,361,000. Polar Capital Holdings Plc boosted its holdings in shares of CommVault Systems by 182.5% in the fourth quarter. Polar Capital Holdings Plc now owns 362,958 shares of the software maker's stock valued at $54,774,000 after acquiring an additional 234,477 shares in the last quarter. Finally, GAMMA Investing LLC boosted its holdings in shares of CommVault Systems by 20,945.1% in the first quarter. GAMMA Investing LLC now owns 211,714 shares of the software maker's stock valued at $33,400,000 after acquiring an additional 210,708 shares in the last quarter. Hedge funds and other institutional investors own 93.50% of the company's stock.

CommVault Systems Price Performance

NASDAQ:CVLT opened at $178.97 on Monday. The firm has a 50 day simple moving average of $177.71 and a 200-day simple moving average of $171.27. The firm has a market cap of $7.96 billion, a PE ratio of 99.43 and a beta of 0.74. CommVault Systems, Inc. has a 1-year low of $128.07 and a 1-year high of $200.68.

CommVault Systems (NASDAQ:CVLT - Get Free Report) last posted its quarterly earnings data on Tuesday, July 29th. The software maker reported $1.01 earnings per share for the quarter, beating analysts' consensus estimates of $0.97 by $0.04. The business had revenue of $281.98 million during the quarter, compared to analyst estimates of $267.83 million. CommVault Systems had a net margin of 7.70% and a return on equity of 30.83%. The business's quarterly revenue 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, sell-side analysts expect that CommVault Systems, Inc. will post 1.65 earnings per share for the current fiscal year.

Analyst Ratings Changes

CVLT has been the topic of several analyst reports. Wall Street Zen downgraded shares of CommVault Systems from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 9th. Guggenheim set a $220.00 price objective on shares of CommVault Systems in a research note on Tuesday, July 29th. Wells Fargo & Company raised their price objective on shares of CommVault Systems from $190.00 to $220.00 and gave the company an "overweight" rating in a research note on Wednesday, July 30th. KeyCorp raised their price objective 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. Finally, Royal Bank Of Canada raised their price objective on shares of CommVault Systems from $185.00 to $217.00 and gave the company a "sector perform" rating in a research note on Wednesday, July 30th. Six investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $205.63.

Insider Buying and Selling at CommVault Systems

In other news, Director Allison Pickens sold 690 shares of the stock in a transaction 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 of the company's stock, valued at $918,979.74. This represents a 11.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Gary Merrill sold 2,628 shares of CommVault Systems stock in a transaction 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 sale, the insider directly owned 87,081 shares in the company, valued at $15,503,030.43. This trade represents a 2.93% decrease in their position. The disclosure for this sale can be found here. Insiders sold 25,789 shares of company stock worth $4,588,855 over the last three months. 1.00% of the stock is currently owned by insiders.

CommVault Systems 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.

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