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 position in CommVault Systems, Inc. (NASDAQ:CVLT - Free Report) by 17.4% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 21,688 shares of the software maker's stock after acquiring an additional 3,222 shares during the quarter. Inspire Investing LLC's holdings in CommVault Systems were worth $3,421,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. SBI Securities Co. Ltd. boosted its position in CommVault Systems by 101.3% during the first quarter. SBI Securities Co. Ltd. now owns 159 shares of the software maker's stock worth $25,000 after purchasing an additional 80 shares during the period. Cullen Frost Bankers Inc. bought a new stake in shares of CommVault Systems in the first quarter valued at approximately $27,000. Whipplewood Advisors LLC raised its position in shares of CommVault Systems by 584.0% in 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 period. Brooklyn Investment Group lifted its stake in shares of CommVault Systems by 8,550.0% during the 1st quarter. Brooklyn Investment Group now owns 173 shares of the software maker's stock valued at $27,000 after buying an additional 171 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB boosted its holdings 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 buying an additional 125 shares during the period. 93.50% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on CVLT shares. Piper Sandler lifted their price objective on shares of CommVault Systems from $168.00 to $170.00 and gave the company a "neutral" rating in a research note on Monday, July 14th. Guggenheim set a $220.00 target price on shares of CommVault Systems in a report on Tuesday, July 29th. Wells Fargo & Company boosted their target price on shares of CommVault Systems from $190.00 to $220.00 and gave the company an "overweight" rating in a report on Wednesday, July 30th. KeyCorp boosted their target price on shares of CommVault Systems from $195.00 to $225.00 and gave the company an "overweight" rating in a report on Wednesday, July 30th. Finally, DA Davidson boosted their target price on shares of CommVault Systems from $200.00 to $220.00 and gave the company a "buy" rating in a report on Wednesday, July 30th. Six analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $205.63.

CommVault Systems Stock Performance

CommVault Systems stock opened at $180.94 on Friday. The stock has a market cap of $8.04 billion, a P/E ratio of 100.52 and a beta of 0.74. CommVault Systems, Inc. has a fifty-two week low of $128.07 and a fifty-two week high of $200.68. The firm's fifty day moving average price is $178.41 and its 200-day moving average price is $171.57.

CommVault Systems (NASDAQ:CVLT - Get Free Report) last released its quarterly earnings results 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. The firm had revenue of $281.98 million for the quarter, compared to analysts' expectations of $267.83 million. CommVault Systems had a net margin of 7.70% and a return on equity of 30.83%. The company'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. Sell-side analysts predict that CommVault Systems, Inc. will post 1.65 earnings per share for the current year.

Insider Activity

In other news, insider Gary Merrill sold 2,628 shares of the company'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 transaction, the insider owned 87,081 shares of the company's stock, valued at approximately $15,503,030.43. This represents a 2.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Jennifer Leigh Dirico sold 14,909 shares of the company's stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $182.22, for a total transaction of $2,716,717.98. Following the completion of the transaction, the chief financial officer directly owned 45,143 shares in the company, valued at approximately $8,225,957.46. The trade was a 24.83% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 40,698 shares of company stock worth $7,305,573. Company insiders own 1.00% of the company's stock.

CommVault Systems Company 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.

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