CommVault Systems, Inc. $CVLT Stock: Inspire Investing LLC Decreases Position

Key Points

• Inspire Investing cut its CommVault Systems position by 53.3% in the third quarter, selling 6,009 shares and retaining 5,264 shares valued at approximately $789,000.
• CommVault reported strong fiscal Q2 2027 results, with earnings of $1.38 per share and revenue of $312.39 million, beating estimates; revenue rose 13.1% year over year and subscription revenue increased 21%.
• Institutional investors own 93.5% of CVLT, while analysts maintain a “Moderate Buy” consensus with a $163.19 average price target, below the stock’s recent trading level near $172.55.

Inspire Investing LLC reduced its position in shares of CommVault Systems, Inc. (NASDAQ:CVLT - Free Report) by 53.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,264 shares of the software maker's stock after selling 6,009 shares during the period. Inspire Investing LLC's holdings in CommVault Systems were worth $789,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of CVLT. BlackRock Inc. acquired a new stake in CommVault Systems during the second quarter worth approximately $855,420,000. The Manufacturers Life Insurance Company acquired a new stake in CommVault Systems during the 2nd quarter worth $65,765,000. American Capital Management Inc. purchased a new position in CommVault Systems during the 2nd quarter worth $62,493,000. Bank of America Corp DE acquired a new position in CommVault Systems in the second quarter valued at $51,709,000. Finally, Pictet Asset Management Holding SA increased its stake in CommVault Systems by 36.2% in the first quarter. Pictet Asset Management Holding SA now owns 1,239,225 shares of the software maker's stock valued at $96,447,000 after purchasing an additional 329,243 shares during the period. Institutional investors and hedge funds own 93.50% of the company's stock.

More CommVault Systems News

Here are the key news stories impacting CommVault Systems this week:

• Positive Sentiment: Quarterly earnings and revenue beat estimates: Commvault reported fiscal Q2 2027 earnings of $1.38 per share, above consensus estimates ranging from $1.24 to $1.25 and up from $0.91 a year earlier. Revenue reached $312.39 million, surpassing the $310.28 million estimate and increasing 13.1% year over year. Commvault Systems Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Recurring-revenue growth remained strong: Subscription revenue rose 21% to $269 million, while subscription annualized recurring revenue increased 20% to $1.104 billion. The company also generated $75 million in operating cash flow and $71 million in free cash flow, supporting the bullish reaction. Commvault Announces Second Quarter Fiscal 2027 Financial Results
• Positive Sentiment: Year-over-year profitability improved: The earnings increase, along with a reported 5.62% net margin and 88.75% return on equity, indicated continued operating momentum compared with the prior-year quarter. Commvault Systems Reports Second-Quarter Earnings Results
• Neutral Sentiment: Analyst targets remain cautious: Jefferies raised its price target to $170 while maintaining a Hold rating, and Cantor Fitzgerald raised its target to $171 with a Neutral rating. Both targets were below the stock’s recent trading level, potentially limiting additional upside unless Commvault provides stronger guidance or sustained growth. Jefferies Raises Commvault Price Target

CommVault Systems Stock Up 2.9%

CVLT opened at $172.55 on Wednesday. The firm has a market cap of $7.15 billion, a P/E ratio of 109.90 and a beta of 0.79. The business's fifty day simple moving average is $146.25 and its 200 day simple moving average is $118.53. CommVault Systems, Inc. has a 52 week low of $71.75 and a 52 week high of $174.25.

CommVault Systems (NASDAQ:CVLT - Get Free Report) last released its quarterly earnings data on Tuesday, October 27th. The software maker reported $1.38 EPS for the quarter, topping analysts' consensus estimates of $1.25 by $0.13. The firm had revenue of $312.39 million for the quarter, compared to analyst estimates of $310.41 million. The company's quarterly revenue was up 13.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.91 earnings per share. As a group, equities analysts expect that CommVault Systems, Inc. will post 2.87 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently commented on the stock. Guggenheim restated a "buy" rating on shares of CommVault Systems in a research note on Tuesday, July 28th. Weiss Ratings reiterated a "hold (c)" rating on shares of CommVault Systems in a research note on Friday, September 11th. Scotiabank increased their price target on shares of CommVault Systems from $130.00 to $160.00 and gave the stock a "sector perform" rating in a report on Monday, October 5th. Jefferies Financial Group increased their price target on shares of CommVault Systems from $130.00 to $170.00 and gave the stock a "hold" rating in a report on Monday. Finally, UBS Group restated a "neutral" rating on shares of CommVault Systems in a research report on Monday, July 27th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat, CommVault Systems currently has an average rating of "Moderate Buy" and a consensus target price of $163.19.

Insider Activity at CommVault Systems

In related news, CFO Gary Merrill sold 1,854 shares of the business's stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $143.64, for a total value of $266,308.56. Following the completion of the sale, the chief financial officer directly owned 70,921 shares of the company's stock, valued at $10,187,092.44. The trade was a 2.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Sanjay Mirchandani sold 12,437 shares of CommVault Systems stock in a transaction on Monday, August 17th. The stock was sold at an average price of $143.98, for a total transaction of $1,790,679.26. Following the completion of the transaction, the chief executive officer directly owned 269,373 shares of the company's stock, valued at approximately $38,784,324.54. This represents a 4.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 29,348 shares of company stock worth $4,202,441 over the last 90 days. Company insiders own 0.86% of the company's stock.

CommVault Systems Profile

Commvault Systems, Inc develops data protection and cyber resilience software and services for businesses, government organizations and other institutions. Its platform is designed to help customers back up, recover, manage and secure data across on-premises infrastructure, private and public clouds, software-as-a-service applications and other distributed IT environments.

The company's offerings include backup and recovery, disaster recovery, data security, ransomware protection, cyber-recovery capabilities and data management tools.

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