Robeco Institutional Asset Management B.V. Sells 2,547 Shares of CommVault Systems, Inc. $CVLT

Key Points

• Robeco Institutional Asset Management B.V. sold 2,547 shares of CommVault Systems, reducing its holdings by 4.4% and retaining 55,808 shares valued at approximately $9.7 million.
• CommVault Systems reported a quarterly EPS of $1.01, exceeding estimates, and a revenue of $281.98 million, up 26% year-over-year.
• Several analysts have a positive outlook on CommVault, with price targets ranging from $170 to $220, indicating a Moderate Buy average rating.

Robeco Institutional Asset Management B.V. decreased its holdings in shares of CommVault Systems, Inc. (NASDAQ:CVLT - Free Report) by 4.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 55,808 shares of the software maker's stock after selling 2,547 shares during the period. Robeco Institutional Asset Management B.V. owned 0.13% of CommVault Systems worth $9,729,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. SBI Securities Co. Ltd. raised its holdings in shares of CommVault Systems by 101.3% during the first quarter. SBI Securities Co. Ltd. now owns 159 shares of the software maker's stock valued at $25,000 after acquiring an additional 80 shares in the last quarter. Cullen Frost Bankers Inc. bought a new position in CommVault Systems in the 1st quarter worth $27,000. Brooklyn Investment Group lifted its position in shares of CommVault Systems by 8,550.0% in the 1st quarter. Brooklyn Investment Group now owns 173 shares of the software maker's stock worth $27,000 after purchasing an additional 171 shares during the period. NBC Securities Inc. bought a new stake in shares of CommVault Systems during the 1st quarter valued at about $43,000. Finally, Fifth Third Bancorp increased its position in shares of CommVault Systems by 34.0% during the first quarter. Fifth Third Bancorp now owns 465 shares of the software maker's stock valued at $73,000 after buying an additional 118 shares during the period. 93.50% of the stock is currently owned by institutional investors.

CommVault Systems Trading Down 1.9%

Shares of CVLT stock opened at $180.30 on Monday. CommVault Systems, Inc. has a 12 month low of $128.07 and a 12 month high of $200.68. The stock has a market cap of $8.02 billion, a P/E ratio of 100.17 and a beta of 0.72. The company has a 50 day simple moving average of $184.40 and a two-hundred day simple moving average of $174.75.

CommVault Systems (NASDAQ:CVLT - Get Free Report) last issued 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 business 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 business's quarterly 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, equities analysts forecast that CommVault Systems, Inc. will post 1.65 earnings per share for the current year.

Insider Buying and Selling

In other CommVault Systems news, Director Allison Pickens sold 690 shares of the company's stock in a transaction dated 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 owned 5,166 shares in the company, valued at $918,979.74. This represents a 11.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Gary Merrill sold 15,244 shares of the firm's stock in a transaction dated Friday, September 12th. The stock was 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 directly owned 71,837 shares in the company, 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 ninety days, insiders sold 55,942 shares of company stock worth $10,019,157. Company insiders own 1.00% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on CVLT shares. Guggenheim set a $220.00 price objective on shares of CommVault Systems in a report on Tuesday, July 29th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of CommVault Systems in a research report on Saturday, September 27th. Piper Sandler boosted their target price on CommVault Systems from $168.00 to $170.00 and gave the stock a "neutral" rating in a report on Monday, July 14th. Royal Bank Of Canada increased their target price on CommVault Systems from $185.00 to $217.00 and gave the stock a "sector perform" rating in a research note on Wednesday, July 30th. Finally, DA Davidson lifted their price target on CommVault Systems from $200.00 to $220.00 and gave the stock a "buy" rating in a research report on Wednesday, July 30th. Six analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, CommVault Systems currently has an average rating of "Moderate Buy" and an average price target of $205.63.

CommVault Systems 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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