WCM Investment Management LLC Has $22.72 Million Position in CommVault Systems, Inc. $CVLT

Key Points

• WCM Investment Management LLC increased its stake in CommVault Systems by 6.5%, owning 130,353 shares valued at approximately $22.72 million as of the latest SEC filing.
• CommVault Systems reported a 26% year-over-year revenue growth of $281.98 million and earnings per share of $1.01, surpassing analysts' expectations.
• Wall Street analysts have raised their price targets for CommVault Systems, with the consensus target now at $211.67, indicating strong potential for the stock.

WCM Investment Management LLC grew its holdings in shares of CommVault Systems, Inc. (NASDAQ:CVLT - Free Report) by 6.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 130,353 shares of the software maker's stock after acquiring an additional 7,983 shares during the period. WCM Investment Management LLC owned 0.29% of CommVault Systems worth $22,724,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of CVLT. GAMMA Investing LLC grew its holdings in CommVault Systems by 33.4% during the 1st quarter. GAMMA Investing LLC now owns 1,342 shares of the software maker's stock worth $212,000 after acquiring an additional 336 shares during the period. Fifth Third Bancorp grew its holdings in CommVault Systems by 34.0% during the 1st quarter. Fifth Third Bancorp now owns 465 shares of the software maker's stock worth $73,000 after acquiring an additional 118 shares during the period. Janney Montgomery Scott LLC acquired a new stake in CommVault Systems during the 1st quarter worth about $243,000. CWA Asset Management Group LLC grew its holdings in CommVault Systems by 24.2% during the 1st quarter. CWA Asset Management Group LLC now owns 9,930 shares of the software maker's stock worth $1,567,000 after acquiring an additional 1,936 shares during the period. Finally, State of Alaska Department of Revenue grew its holdings in CommVault Systems by 3.4% during the 1st quarter. State of Alaska Department of Revenue now owns 5,156 shares of the software maker's stock worth $813,000 after acquiring an additional 170 shares during the period. 93.50% of the stock is currently owned by institutional investors and hedge funds.

CommVault Systems Stock Down 1.3%

Shares of CVLT stock opened at $172.05 on Thursday. CommVault Systems, Inc. has a 12-month low of $128.07 and a 12-month high of $200.68. The firm has a market cap of $7.65 billion, a P/E ratio of 95.58 and a beta of 0.72. The company has a 50 day moving average of $182.75 and a 200-day moving average of $175.07.

CommVault Systems (NASDAQ:CVLT - Get Free Report) last released its quarterly earnings data on Tuesday, July 29th. The software maker reported $1.01 earnings per share for the quarter, beating analysts' consensus estimates of $0.97 by $0.04. CommVault Systems had a net margin of 7.70% and a return on equity of 30.83%. The business had revenue of $281.98 million during the quarter, compared to analyst estimates of $267.83 million. The firm'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 expect that CommVault Systems, Inc. will post 1.65 EPS for the current year.

Insider Buying and Selling at CommVault Systems

In related news, insider Gary Merrill sold 15,244 shares of CommVault Systems stock in a transaction that occurred on Friday, September 12th. The shares were 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 approximately $12,787,704.37. The trade was a 17.51% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Jennifer Leigh Dirico sold 14,909 shares of CommVault Systems stock in a transaction that occurred on Tuesday, September 9th. The shares were 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 owned 45,143 shares of the company's stock, valued at $8,225,957.46. This represents a 24.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 55,942 shares of company stock valued at $10,019,157 over the last 90 days. 1.00% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. KeyCorp increased their price target on CommVault Systems from $195.00 to $225.00 and gave the stock an "overweight" rating in a report on Wednesday, July 30th. Guggenheim set a $220.00 price objective on shares of CommVault Systems in a research report on Tuesday, July 29th. DA Davidson increased their price objective on shares of CommVault Systems from $200.00 to $220.00 and gave the stock a "buy" rating in a research report on Wednesday, July 30th. Wells Fargo & Company increased their price objective 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. Finally, Royal Bank Of Canada raised their price target on shares of CommVault Systems from $185.00 to $217.00 and gave the company a "sector perform" rating in a research report on Wednesday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $211.67.

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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