Caxton Associates LLP Buys Shares of 8,151 CommVault Systems, Inc. $CVLT

Key Points

• Caxton Associates LLP acquired a new stake in CommVault Systems, purchasing 8,151 shares valued at approximately $1.286 million. This move reflects growing interest from institutional investors, who now own 93.50% of the stock.
• CommVault reported quarterly earnings with an earnings per share (EPS) of $1.01, surpassing expectations and indicating a 26% increase in revenue year-over-year.
• Brokerages have raised their price targets for CommVault, with KeyCorp setting a new target price of $225.00, reflecting strong analyst confidence in the company's ongoing growth.

Caxton Associates LLP bought a new stake in shares of CommVault Systems, Inc. (NASDAQ:CVLT - Free Report) during the 1st quarter, according to its most recent filing with the SEC. The firm bought 8,151 shares of the software maker's stock, valued at approximately $1,286,000.

Other hedge funds have also modified their holdings of the company. SBI Securities Co. Ltd. raised its holdings in shares of CommVault Systems by 101.3% during the 1st quarter. SBI Securities Co. Ltd. now owns 159 shares of the software maker's stock valued at $25,000 after buying an additional 80 shares during the period. Whipplewood Advisors LLC raised its holdings in shares of CommVault Systems by 584.0% during the 1st quarter. Whipplewood Advisors LLC now owns 171 shares of the software maker's stock valued at $27,000 after buying an additional 146 shares during the period. Cullen Frost Bankers Inc. purchased a new stake in shares of CommVault Systems during the 1st quarter valued at about $27,000. Brooklyn Investment Group raised its holdings in shares of CommVault Systems by 8,550.0% during the 1st quarter. Brooklyn Investment Group now owns 173 shares of the software maker's stock valued at $27,000 after buying an additional 171 shares during the period. Finally, MassMutual Private Wealth & Trust FSB raised its holdings in shares of CommVault Systems by 208.3% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 185 shares of the software maker's stock valued at $29,000 after buying an additional 125 shares during the period. 93.50% of the stock is currently owned by hedge funds and other institutional investors.

CommVault Systems Stock Performance

Shares of NASDAQ CVLT traded up $10.45 during trading on Monday, reaching $186.41. The stock had a trading volume of 215,986 shares, compared to its average volume of 509,370. CommVault Systems, Inc. has a one year low of $128.07 and a one year high of $200.68. The stock has a market cap of $8.29 billion, a PE ratio of 103.54 and a beta of 0.74. The firm's 50 day moving average price is $178.45 and its two-hundred day moving average price is $171.64.

CommVault Systems (NASDAQ:CVLT - Get Free Report) last issued its quarterly earnings results 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. 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 during the quarter, compared to the consensus estimate of $267.83 million. The firm's revenue for the quarter 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, research analysts expect that CommVault Systems, Inc. will post 1.65 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have issued reports on CVLT. Piper Sandler lifted their price objective on CommVault Systems from $168.00 to $170.00 and gave the stock a "neutral" rating in a report on Monday, July 14th. KeyCorp raised their price target on shares of CommVault Systems from $195.00 to $225.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 30th. Royal Bank Of Canada raised their price target on shares of 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 price target on shares of CommVault Systems in a research report 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 report on Wednesday, July 30th. Six analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat.com, CommVault Systems has a consensus rating of "Moderate Buy" and an average price target of $205.63.

Insider Buying and Selling

In other CommVault Systems news, CFO Jennifer Leigh Dirico sold 14,909 shares of the firm's stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $182.22, for a total value of $2,716,717.98. Following the sale, the chief financial officer directly owned 45,143 shares in the company, valued at approximately $8,225,957.46. This trade represents a 24.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Allison Pickens sold 690 shares of the firm's 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 in the company, valued at $918,979.74. The trade was a 11.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 40,698 shares of company stock valued at $7,305,573. 1.00% of the stock is owned by corporate insiders.

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.