1,878 Shares in CommVault Systems, Inc. $CVLT Acquired by Sivia Capital Partners LLC

Key Points

• Sivia Capital Partners LLC has made a new investment in CommVault Systems, purchasing 1,878 shares valued at approximately $327,000.
• Multiple analysts have raised their price targets for CommVault Systems, with new targets ranging from $220.00 to $225.00, indicating a positive outlook for the company's stock.
• Insider transactions revealed notable stock sales by company executives, with Gary Merrill selling 15,244 shares for around $2.71 million and Sanjay Mirchandani selling 11,320 shares valued at approximately $2.01 million.

Sivia Capital Partners LLC purchased a new position in CommVault Systems, Inc. (NASDAQ:CVLT - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,878 shares of the software maker's stock, valued at approximately $327,000.

Several other large investors also recently bought and sold shares of CVLT. Nuveen LLC bought a new stake in CommVault Systems in the first quarter worth $116,223,000. Wedge Capital Management L L P NC increased its position in CommVault Systems by 1,936.0% during the first quarter. Wedge Capital Management L L P NC now owns 360,355 shares of the software maker's stock valued at $56,850,000 after acquiring an additional 342,656 shares during the last quarter. Champlain Investment Partners LLC purchased a new stake in shares of CommVault Systems during the first quarter valued at $47,361,000. GAMMA Investing LLC boosted its stake in shares of CommVault Systems by 20,945.1% during the first quarter. GAMMA Investing LLC now owns 211,714 shares of the software maker's stock valued at $33,400,000 after purchasing an additional 210,708 shares during the period. Finally, Wellington Management Group LLP purchased a new stake in shares of CommVault Systems during the first quarter valued at $22,540,000. Institutional investors own 93.50% of the company's stock.

Insider Activity at CommVault Systems

In related news, CFO Jennifer Leigh Dirico sold 14,909 shares of the stock in a transaction that occurred on Tuesday, September 9th. The shares were sold at an average price of $182.22, for a total value of $2,716,717.98. Following the transaction, the chief financial officer owned 45,143 shares in the company, valued at approximately $8,225,957.46. This represents a 24.83% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Gary Merrill sold 15,244 shares of the stock in a transaction that occurred on Friday, September 12th. The stock was 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 owned 71,837 shares in the company, valued at approximately $12,787,704.37. This trade represents a 17.51% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 55,942 shares of company stock worth $10,019,157. 1.00% of the stock is owned by insiders.

CommVault Systems Price Performance

Shares of CVLT stock traded down $1.70 during mid-day trading on Monday, hitting $192.91. 84,591 shares of the stock traded hands, compared to its average volume of 529,137. CommVault Systems, Inc. has a 52-week low of $128.07 and a 52-week high of $200.68. The stock has a market cap of $8.58 billion, a P/E ratio of 107.17 and a beta of 0.74. The stock's fifty day moving average is $180.48 and its two-hundred day moving average is $172.57.

CommVault Systems (NASDAQ:CVLT - Get Free Report) last posted its quarterly earnings data on Tuesday, July 29th. The software maker reported $1.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.04. CommVault Systems had a net margin of 7.70% and a return on equity of 30.83%. The firm had revenue of $281.98 million for the quarter, compared to the consensus estimate of $267.83 million. The business's revenue for the quarter was up 26% on a year-over-year basis. 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 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

CVLT has been the subject of a number of recent analyst reports. Piper Sandler boosted their target price 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. 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 research note 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. DA Davidson upped their price objective on shares of CommVault Systems from $200.00 to $220.00 and gave the stock a "buy" rating in a research note on Wednesday, July 30th. Finally, Royal Bank Of Canada upped their price objective on shares of CommVault Systems from $185.00 to $217.00 and gave the stock a "sector perform" rating in a research note on Wednesday, July 30th. Six investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $205.63.

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.