Capital Fund Management S.A. Purchases 43,038 Shares of CommVault Systems, Inc. $CVLT

Key Points

• Capital Fund Management S.A. increased its stake in CommVault Systems by 380.1%, acquiring an additional 43,038 shares, bringing its total ownership to 54,362 shares valued at approximately $8.58 million.
• Several institutional investors, including Wedge Capital Management L L P NC, have also significantly raised their stakes, with Wedge Capital increasing theirs by 1,936.0%.
• Insider transactions included sales by CFO Jennifer Leigh Dirico and an insider named Gary Merrill, with reported sales values of $1.99 million and $467,862 respectively.

Capital Fund Management S.A. boosted its position in CommVault Systems, Inc. (NASDAQ:CVLT - Free Report) by 380.1% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 54,362 shares of the software maker's stock after acquiring an additional 43,038 shares during the period. Capital Fund Management S.A. owned 0.12% of CommVault Systems worth $8,576,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Janney Montgomery Scott LLC bought a new stake in CommVault Systems in the 1st quarter valued at about $243,000. Asset Management One Co. Ltd. bought a new stake in CommVault Systems in the 1st quarter valued at about $1,229,000. Principal Financial Group Inc. raised its stake 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 valued at $19,253,000 after acquiring an additional 1,668 shares during the period. Yorktown Management & Research Co Inc bought a new stake in CommVault Systems in the 1st quarter valued at about $260,000. Finally, Wedge Capital Management L L P NC raised its stake in CommVault Systems by 1,936.0% in the 1st 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 during the period. 93.50% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, insider Gary Merrill sold 2,628 shares of the company'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 value of $467,862.84. Following the transaction, the insider directly owned 87,081 shares in the company, valued at approximately $15,503,030.43. This represents a 2.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Jennifer Leigh Dirico sold 11,151 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 $1,985,212.53. Following the completion of the transaction, the chief financial officer owned 60,052 shares in the company, valued at approximately $10,691,057.56. This trade represents a 15.66% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 25,099 shares of company stock worth $4,466,111. Insiders own 1.00% of the company's stock.

CommVault Systems Trading Up 0.0%

CVLT stock opened at $176.43 on Friday. The company's 50 day moving average is $176.93 and its 200 day moving average is $171.25. The stock has a market cap of $7.84 billion, a price-to-earnings ratio of 98.02 and a beta of 0.70. 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, topping the consensus estimate of $0.97 by $0.04. The company had revenue of $281.98 million for the quarter, compared to analysts' expectations of $267.83 million. CommVault Systems had a net margin of 7.70% and a return on equity of 30.83%. 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. As a group, sell-side analysts forecast that CommVault Systems, Inc. will post 1.65 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Wells Fargo & Company upped their price target on CommVault Systems from $190.00 to $220.00 and gave the company an "overweight" rating in a research report on Wednesday, July 30th. KeyCorp upped 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. Guggenheim set a $220.00 price target on CommVault Systems in a research report on Tuesday, July 29th. Oppenheimer upped their price target on CommVault Systems from $180.00 to $200.00 and gave the company an "outperform" rating in a research report on Wednesday, April 30th. Finally, Piper Sandler upped their price target on CommVault Systems from $168.00 to $170.00 and gave the company a "neutral" rating in a research report on Monday, July 14th. Six equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $205.63.

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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