CW Advisors LLC Has $14.88 Million Stock Position in CommVault Systems, Inc. $CVLT

Key Points

• CW Advisors LLC increased its stake in CommVault Systems by 6.1%, acquiring an additional 5,386 shares, which brings its total ownership to approximately 0.21% valued at $14.9 million.
• Several institutional investors made significant amendments to their positions in CommVault Systems, with firms like Quarry LP increasing holdings by over 888%, highlighting strong investor interest.
• CommVault's stock received positive analyst evaluations, with various firms raising their target prices, suggesting a consensus of moderate to strong buy ratings among analysts.

CW Advisors LLC grew its stake in shares of CommVault Systems, Inc. (NASDAQ:CVLT - Free Report) by 6.1% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 94,289 shares of the software maker's stock after purchasing an additional 5,386 shares during the quarter. CW Advisors LLC owned about 0.21% of CommVault Systems worth $14,875,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the stock. Invesco Ltd. increased its position in shares of CommVault Systems by 7.1% during the 1st quarter. Invesco Ltd. now owns 1,777,307 shares of the software maker's stock worth $280,388,000 after purchasing an additional 117,199 shares during the last quarter. Nuveen LLC acquired a new position in shares of CommVault Systems during the 1st quarter worth approximately $116,223,000. Northern Trust Corp increased its position in shares of CommVault Systems by 9.8% during the 4th quarter. Northern Trust Corp now owns 651,973 shares of the software maker's stock worth $98,389,000 after purchasing an additional 58,239 shares during the last quarter. Congress Asset Management Co. increased its holdings in shares of CommVault Systems by 7.7% during the 1st quarter. Congress Asset Management Co. now owns 560,442 shares of the software maker's stock worth $88,415,000 after acquiring an additional 40,064 shares during the last quarter. Finally, Fuller & Thaler Asset Management Inc. increased its holdings in shares of CommVault Systems by 14.6% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 517,273 shares of the software maker's stock worth $78,062,000 after acquiring an additional 65,822 shares during the last quarter. Institutional investors and hedge funds own 93.50% of the company's stock.

CommVault Systems Stock Up 3.4%

Shares of NASDAQ:CVLT traded up $6.02 during trading on Wednesday, reaching $183.70. 129,494 shares of the company traded hands, compared to its average volume of 488,481. The company's 50 day moving average is $176.45 and its two-hundred day moving average is $171.40. The firm has a market capitalization of $8.17 billion, a PE ratio of 101.99 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.

CommVault Systems (NASDAQ:CVLT - Get Free Report) last released its 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. The firm had revenue of $281.98 million during the quarter, compared to the consensus estimate 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 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, research analysts anticipate that CommVault Systems, Inc. will post 1.65 EPS for the current year.

Insider Activity

In other news, CEO Sanjay Mirchandani sold 11,320 shares of the business's stock in a transaction on Monday, August 18th. The stock was sold at an average price of $177.83, for a total transaction of $2,013,035.60. Following the completion of the transaction, the chief executive officer owned 458,361 shares of the company's stock, valued at approximately $81,510,336.63. The trade was a 2.41% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Gary Merrill sold 2,628 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 value of $467,862.84. Following the transaction, the insider directly owned 87,081 shares of the company's stock, 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. In the last three months, insiders sold 25,099 shares of company stock worth $4,466,111. 1.00% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research firms recently weighed in on CVLT. KeyCorp boosted their target price on CommVault Systems from $195.00 to $225.00 and gave the stock an "overweight" rating in a report on Wednesday, July 30th. Piper Sandler boosted their target price on CommVault Systems from $168.00 to $170.00 and gave the stock a "neutral" rating in a report on Monday, July 14th. Guggenheim set a $220.00 target price on CommVault Systems in a report on Tuesday, July 29th. Oppenheimer boosted their target price on CommVault Systems from $180.00 to $200.00 and gave the stock an "outperform" rating in a report on Wednesday, April 30th. Finally, DA Davidson boosted their target price on CommVault Systems from $200.00 to $220.00 and gave the stock a "buy" rating in a report on Wednesday, July 30th. Six investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat, CommVault Systems presently has an average rating of "Moderate Buy" and an average price target of $205.63.

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.