B. Metzler seel. Sohn & Co. AG Purchases 5,930 Shares of CommVault Systems, Inc. $CVLT

Key Points

• B. Metzler seel. Sohn & Co. AG increased its position in CommVault Systems by 56.5%, owning a total of 16,421 shares valued at approximately $2.59 million.
• CommVault Systems reported strong quarterly earnings with $1.01 EPS, surpassing expectations and a 26% increase in revenue year-over-year.
• Several analysts raised their target prices on CommVault from $195 to as high as $225, reflecting a consensus "Moderate Buy" rating among investment analysts.

B. Metzler seel. Sohn & Co. AG raised its position in shares of CommVault Systems, Inc. (NASDAQ:CVLT - Free Report) by 56.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,421 shares of the software maker's stock after purchasing an additional 5,930 shares during the period. B. Metzler seel. Sohn & Co. AG's holdings in CommVault Systems were worth $2,591,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Invesco Ltd. raised its position in CommVault Systems by 7.1% during the first quarter. Invesco Ltd. now owns 1,777,307 shares of the software maker's stock valued at $280,388,000 after purchasing an additional 117,199 shares in the last quarter. Nuveen LLC acquired a new position in CommVault Systems during the first quarter valued at approximately $116,223,000. Northern Trust Corp raised its position in CommVault Systems by 9.8% during the fourth quarter. Northern Trust Corp now owns 651,973 shares of the software maker's stock valued at $98,389,000 after purchasing an additional 58,239 shares in the last quarter. Congress Asset Management Co. raised its position in CommVault Systems by 7.7% during the first quarter. Congress Asset Management Co. now owns 560,442 shares of the software maker's stock valued at $88,415,000 after purchasing an additional 40,064 shares in the last quarter. Finally, Driehaus Capital Management LLC raised its position in CommVault Systems by 20.8% during the fourth quarter. Driehaus Capital Management LLC now owns 512,251 shares of the software maker's stock valued at $77,304,000 after purchasing an additional 88,232 shares in the last quarter. 93.50% of the stock is currently owned by institutional investors and hedge funds.

CommVault Systems Stock Up 3.0%

Shares of NASDAQ CVLT traded up $5.38 during midday trading on Wednesday, reaching $184.16. 1,720,572 shares of the company were exchanged, compared to its average volume of 496,340. The stock's 50-day moving average price is $177.46 and its 200-day moving average price is $171.53. The stock has a market cap of $8.19 billion, a P/E ratio of 102.27 and a beta of 0.74. CommVault Systems, Inc. has a one year low of $128.07 and a one year high of $200.68.

CommVault Systems (NASDAQ:CVLT - Get Free Report) last issued 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. CommVault Systems had a net margin of 7.70% and a return on equity of 30.83%. The company had revenue of $281.98 million for the quarter, compared to analysts' expectations of $267.83 million. 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. On average, equities research analysts anticipate that CommVault Systems, Inc. will post 1.65 EPS for the current year.

Insider Buying and Selling

In related news, insider Gary Merrill sold 2,628 shares of the business's stock in a transaction 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 sale, the insider owned 87,081 shares of the company's stock, valued at $15,503,030.43. The trade was a 2.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Jennifer Leigh Dirico sold 11,151 shares of the business's stock in a transaction 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 sale, the chief financial officer directly owned 60,052 shares in the company, valued at approximately $10,691,057.56. This represents a 15.66% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 25,099 shares of company stock valued at $4,466,111 over the last 90 days. 1.00% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Piper Sandler boosted their price objective on shares of CommVault Systems from $168.00 to $170.00 and gave the company a "neutral" rating in a research report on Monday, July 14th. Royal Bank Of Canada boosted their target price on shares of CommVault Systems from $185.00 to $217.00 and gave the stock a "sector perform" rating in a research note on Wednesday, July 30th. Wells Fargo & Company boosted their target price on shares of CommVault Systems from $190.00 to $220.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 30th. KeyCorp boosted their target price on shares of CommVault Systems from $195.00 to $225.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 30th. Finally, Guggenheim set a $220.00 target price on shares of CommVault Systems in a research note on Tuesday, July 29th. Six equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average 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.