Inspire Investing LLC Purchases 3,222 Shares of CommVault Systems, Inc. $CVLT

Key Points

• Inspire Investing LLC increased its stake in CommVault Systems by 17.4%, owning a total of 21,688 shares valued at approximately $3,421,000 as of its latest SEC filing.
• CommVault Systems reported earnings of $1.01 per share, exceeding expectations, with a revenue of $281.98 million, marking a 26% year-over-year increase.
• Several analysts have raised their price targets on CVLT shares, with a consensus rating of "Moderate Buy" and an average price target of $205.63.

Inspire Investing LLC increased its holdings in CommVault Systems, Inc. (NASDAQ:CVLT - Free Report) by 17.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,688 shares of the software maker's stock after acquiring an additional 3,222 shares during the period. Inspire Investing LLC's holdings in CommVault Systems were worth $3,421,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. SBI Securities Co. Ltd. boosted its stake 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. Cullen Frost Bankers Inc. purchased a new stake in shares of CommVault Systems during the first quarter worth $27,000. Whipplewood Advisors LLC boosted its position in CommVault Systems by 584.0% during the first quarter. Whipplewood Advisors LLC now owns 171 shares of the software maker's stock valued at $27,000 after purchasing an additional 146 shares during the last quarter. Brooklyn Investment Group grew its stake in CommVault Systems by 8,550.0% in the first quarter. Brooklyn Investment Group now owns 173 shares of the software maker's stock valued at $27,000 after purchasing an additional 171 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB increased its position in CommVault Systems by 208.3% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 185 shares of the software maker's stock worth $29,000 after purchasing an additional 125 shares during the last quarter. 93.50% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on CVLT. DA Davidson lifted their price target on CommVault Systems from $200.00 to $220.00 and gave the company a "buy" rating in a report 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 report on Wednesday, July 30th. Guggenheim set a $220.00 price target on shares of CommVault Systems in a research note on Tuesday, July 29th. Royal Bank Of Canada lifted their price objective on shares of CommVault Systems from $185.00 to $217.00 and gave the company a "sector perform" rating in a research note on Wednesday, July 30th. Finally, Piper Sandler increased their target price on shares of CommVault Systems from $168.00 to $170.00 and gave the stock a "neutral" rating in a research report on Monday, July 14th. Six analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $205.63.

CommVault Systems Trading Down 0.4%

CommVault Systems stock traded down $0.68 on Wednesday, reaching $189.00. 212,281 shares of the stock were exchanged, compared to its average volume of 513,193. CommVault Systems, Inc. has a twelve month low of $128.07 and a twelve month high of $200.68. The firm has a fifty day moving average price of $179.11 and a two-hundred day moving average price of $171.89. The stock has a market cap of $8.40 billion, a PE ratio of 105.18 and a beta of 0.74.

CommVault Systems (NASDAQ:CVLT - Get Free Report) last posted its quarterly earnings data on Tuesday, July 29th. The software maker reported $1.01 EPS for the quarter, topping 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 for the quarter, compared to analyst estimates of $267.83 million. 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. Equities analysts anticipate that CommVault Systems, Inc. will post 1.65 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, 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 transaction of $2,713,584.44. Following the completion of the transaction, the insider directly owned 71,837 shares in the company, valued at $12,787,704.37. This represents a 17.51% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Allison Pickens sold 690 shares of the stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $177.89, for a total transaction 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 trade represents a 11.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 55,942 shares of company stock valued at $10,019,157 in the last three months. 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.