Oak Ridge Investments LLC Reduces Position in CommVault Systems, Inc. $CVLT

Key Points

• Oak Ridge Investments LLC cut its stake in CommVault by 71.2% in Q4, selling 32,945 shares and retaining 13,322 shares worth about $1.67 million at period end.
• Insiders sold 31,355 shares (~$2.61M) over the last three months, including CEO Sanjay Mirchandani's sale of 10,052 shares at an average of $80.09, while institutional ownership stands at about 93.5% and insiders own ~1%.
• Commvault announced new AI capabilities and leadership appointments that analysts say support growth, but a Portnoy Law Firm investigation into possible securities fraud presents a notable legal overhang.

Oak Ridge Investments LLC cut its holdings in shares of CommVault Systems, Inc. (NASDAQ:CVLT - Free Report) by 71.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,322 shares of the software maker's stock after selling 32,945 shares during the period. Oak Ridge Investments LLC's holdings in CommVault Systems were worth $1,670,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. State of Wyoming bought a new position in CommVault Systems in the second quarter valued at about $35,000. FNY Investment Advisers LLC bought a new position in CommVault Systems in the fourth quarter valued at about $36,000. Banque Cantonale Vaudoise bought a new position in CommVault Systems in the third quarter valued at about $39,000. Assetmark Inc. lifted its holdings in CommVault Systems by 33.6% in the fourth quarter. Assetmark Inc. now owns 326 shares of the software maker's stock valued at $41,000 after acquiring an additional 82 shares during the period. Finally, Cullen Frost Bankers Inc. lifted its holdings in CommVault Systems by 43.8% in the third quarter. Cullen Frost Bankers Inc. now owns 243 shares of the software maker's stock valued at $46,000 after acquiring an additional 74 shares during the period. 93.50% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CEO Sanjay Mirchandani sold 10,052 shares of CommVault Systems stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $80.09, for a total value of $805,064.68. Following the transaction, the chief executive officer directly owned 332,529 shares in the company, valued at approximately $26,632,247.61. This trade represents a 2.93% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Gary Merrill sold 1,892 shares of CommVault Systems stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $91.28, for a total value of $172,701.76. Following the completion of the transaction, the insider owned 62,833 shares in the company, valued at $5,735,396.24. This represents a 2.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 31,355 shares of company stock valued at $2,613,165 over the last three months. 1.00% of the stock is owned by corporate insiders.

Key CommVault Systems News

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

• Positive Sentiment: DA Davidson reaffirmed its "buy" rating and set a $125 price target, highlighting continued analyst conviction and providing upside vs. the current price. Article Title
• Positive Sentiment: Commvault announced new AI capabilities for safe, governed agentic workflows on Commvault Cloud — a product push that supports enterprise demand for secure AI data platforms and could help revenue/ARR growth if adopted. Article Title
• Positive Sentiment: Leadership appointments (Gary Merrill as CFO; Geoff Haydon as President of Customer & Field Ops) were announced alongside reaffirmed guidance — management changes intended to support growth execution and investor confidence. Article Title
• Positive Sentiment: Analyst commentary (TipRanks/Robert W. Baird coverage) highlights strategic takeover interest and the company's SaaS transition as reasons CVLT may be undervalued — a narrative that can attract value/seeking investors. Article Title
• Neutral Sentiment: Commvault updated FY‑2026 and Q4‑2026 revenue guidance (roughly $305–308M for Q4 and about $1.2B for FY), largely in line with consensus — supports current valuation but lacks a clear beat to drive a sustained surge.
• Neutral Sentiment: Robert W. Baird trimmed its price target from $185 to $160 but kept an "outperform" rating, signaling continued long‑term conviction despite a lower target. Article Title
• Neutral Sentiment: Zacks noted a recent 10.3% intraday jump on heavy volume but cautioned that earnings estimate revision trends may limit follow‑through — short‑term momentum could fade without fresh fundamental beats. Article Title
• Neutral Sentiment: Investor education piece comparing Commvault to Guidewire (AAII) provides context for relative valuation and competitive positioning but is unlikely to move the stock on its own. Article Title
• Negative Sentiment: The Portnoy Law Firm has opened an investigation into possible securities fraud and may file a class action on behalf of investors — a legal overhang that can pressure the stock if it leads to litigation or management distraction. Article Title

CommVault Systems Price Performance

Shares of CommVault Systems stock opened at $89.77 on Tuesday. The stock has a 50 day moving average of $83.59 and a 200 day moving average of $117.49. CommVault Systems, Inc. has a 12 month low of $71.75 and a 12 month high of $200.68. The firm has a market cap of $3.95 billion, a PE ratio of 46.27 and a beta of 0.63. The company has a current ratio of 2.34, a quick ratio of 2.34 and a debt-to-equity ratio of 4.06.

CommVault Systems (NASDAQ:CVLT - Get Free Report) last announced its quarterly earnings results on Tuesday, January 27th. The software maker reported $1.17 EPS for the quarter, beating analysts' consensus estimates of $0.98 by $0.19. The company had revenue of $313.83 million during the quarter, compared to analyst estimates of $299.07 million. CommVault Systems had a return on equity of 37.38% and a net margin of 7.58%.The firm's revenue was up 19.5% on a year-over-year basis. During the same period in the prior year, the company earned $0.94 earnings per share. On average, research analysts expect that CommVault Systems, Inc. will post 1.65 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

CVLT has been the topic of a number of recent research reports. Guggenheim lowered their target price on CommVault Systems from $200.00 to $175.00 and set a "buy" rating on the stock in a report on Wednesday, January 28th. Mizuho lowered their target price on CommVault Systems from $180.00 to $140.00 and set an "outperform" rating on the stock in a report on Wednesday, January 28th. Wall Street Zen downgraded CommVault Systems from a "buy" rating to a "hold" rating in a report on Saturday, March 28th. Cantor Fitzgerald lowered their target price on CommVault Systems from $144.00 to $100.00 and set a "neutral" rating on the stock in a report on Wednesday, January 28th. Finally, Weiss Ratings restated a "hold (c)" rating on shares of CommVault Systems in a research report on Wednesday, January 21st. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $137.15.

About CommVault Systems

Commvault Systems, Inc is a global provider of data protection and information management software designed to help organizations manage, protect, and activate data across on-premises and cloud environments. Founded in 1996 and headquartered in Tinton Falls, New Jersey, Commvault offers a suite of integrated products and services that enable enterprises to back up, recover, archive, and analyze data. Its flagship solutions include Commvault Complete Data Protection, Commvault HyperScale, and the SaaS-based Metallic portfolio, which deliver scalable and automated data management capabilities across hybrid infrastructure environments.

Commvault's platform is built on a unified architecture that allows customers to streamline operations, reduce complexity, and ensure data resiliency.

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