Financiere des Professionnels Fonds d investissement inc. Makes New $315,000 Investment in CommVault Systems, Inc. $CVLT

Key Points

• Financiere des Professionnels Fonds d'investissement inc. acquired 1,808 shares of CommVault Systems, Inc., valued at about $315,000, indicating growing institutional interest in the company.
• CommVault reported strong quarterly earnings, with $1.01 earnings per share and a revenue increase of 26% compared to the previous year, surpassing analyst expectations.
• Analysts have adjusted price targets for CommVault's stock significantly upwards, with some predicting a target as high as $225.00, reflecting positive market sentiment.

Financiere des Professionnels Fonds d investissement inc. acquired a new stake in shares of CommVault Systems, Inc. (NASDAQ:CVLT - Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 1,808 shares of the software maker's stock, valued at approximately $315,000.

Several other large investors also recently added to or reduced their stakes in the business. Nuveen LLC acquired a new position in shares of CommVault Systems in the 1st quarter valued at $116,223,000. Wedge Capital Management L L P NC grew its holdings in shares of 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 worth $56,850,000 after purchasing an additional 342,656 shares during the last quarter. Champlain Investment Partners LLC bought a new stake in shares of CommVault Systems in the 1st quarter worth about $47,361,000. GAMMA Investing LLC grew its holdings in shares of CommVault Systems by 20,945.1% in the 1st quarter. GAMMA Investing LLC now owns 211,714 shares of the software maker's stock worth $33,400,000 after purchasing an additional 210,708 shares during the last quarter. Finally, Wellington Management Group LLP bought a new stake in shares of CommVault Systems in the 1st quarter worth about $22,540,000. 93.50% of the stock is owned by institutional investors.

CommVault Systems Stock Performance

Shares of NASDAQ:CVLT traded down $0.80 during midday trading on Friday, hitting $194.61. 3,157,134 shares of the stock were exchanged, compared to its average volume of 680,446. The stock has a market capitalization of $8.65 billion, a price-to-earnings ratio of 108.12 and a beta of 0.74. The business's 50-day moving average price is $180.48 and its 200 day moving average price is $172.47. CommVault Systems, Inc. has a 12 month low of $128.07 and a 12 month high of $200.68.

CommVault Systems (NASDAQ:CVLT - Get Free Report) last announced its earnings results on Tuesday, July 29th. The software maker reported $1.01 EPS for the quarter, beating the consensus estimate of $0.97 by $0.04. The business had revenue of $281.98 million for the quarter, compared to analysts' expectations of $267.83 million. CommVault Systems had a return on equity of 30.83% and a net margin of 7.70%.The firm's revenue 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. As a group, sell-side analysts expect that CommVault Systems, Inc. will post 1.65 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. Guggenheim set a $220.00 target price on shares of CommVault Systems in a report on Tuesday, July 29th. DA Davidson increased their price objective on shares of CommVault Systems from $200.00 to $220.00 and gave the stock a "buy" rating in a report on Wednesday, July 30th. Wall Street Zen lowered shares of CommVault Systems from a "strong-buy" rating to a "buy" rating in a research note on Sunday. Royal Bank Of Canada increased their price target on shares of CommVault Systems from $185.00 to $217.00 and gave the company a "sector perform" rating in a research report on Wednesday, July 30th. Finally, Piper Sandler raised their target price on shares of CommVault Systems from $168.00 to $170.00 and gave the stock a "neutral" rating in a report on Monday, July 14th. Six research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $205.63.

Insider Buying and Selling

In related news, Director Allison Pickens sold 690 shares of the stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $177.89, for a total value of $122,744.10. Following the completion of the sale, the director directly owned 5,166 shares of the company's stock, valued at approximately $918,979.74. This represents a 11.78% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Gary Merrill sold 15,244 shares of the company's stock in a transaction on Friday, September 12th. The shares were sold at an average price of $178.01, for a total value of $2,713,584.44. Following the completion of the transaction, the insider owned 71,837 shares of the company's stock, valued at $12,787,704.37. This trade represents a 17.51% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 55,942 shares of company stock valued at $10,019,157. 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.