Rep. Josh Gottheimer Buys CommVault Systems, Inc. (NASDAQ:CVLT) Stock

Key Points

• Representative Josh Gottheimer purchased shares of CommVault Systems, Inc. (NASDAQ:CVLT) valued between $1,001 and $15,000, with the transaction occurring on September 23rd.
• CommVault reported a 26% year-over-year revenue increase in its last quarter, with earnings per share surpassing analysts' expectations.
• Analysts show optimistic sentiment toward CommVault, with multiple upgrades and a consensus rating of "Moderate Buy" along with an average price target of $211.67.

Representative Josh Gottheimer (D-New Jersey) recently bought shares of CommVault Systems, Inc. NASDAQ: CVLT. In a filing disclosed on October 15th, the Representative disclosed that they had bought between $1,001 and $15,000 in CommVault Systems stock on September 23rd. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.

Representative Josh Gottheimer also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Baldwin Insurance Group NASDAQ: BWIN on 9/23/2025.
• Purchased $1,001 - $15,000 in shares of Sysmex OTCMKTS: SSMXY on 9/22/2025.
• Purchased $1,001 - $15,000 in shares of Independence Realty Trust NYSE: IRT on 9/22/2025.
• Purchased $1,001 - $15,000 in shares of Natera NASDAQ: NTRA on 9/22/2025.
• Sold $1,001 - $15,000 in shares of Diageo NYSE: DEO on 9/22/2025.
• Purchased $1,001 - $15,000 in shares of Tandem Diabetes Care NASDAQ: TNDM on 9/22/2025.
• Sold $1,001 - $15,000 in shares of Trade Desk NASDAQ: TTD on 9/11/2025.
• Sold $1,001 - $15,000 in shares of Intuitive Surgical NASDAQ: ISRG on 9/3/2025.
• Purchased $1,001 - $15,000 in shares of Natera NASDAQ: NTRA on 8/22/2025.
• Sold $1,001 - $15,000 in shares of Sysmex OTCMKTS: SSMXY on 8/21/2025.

CommVault Systems Trading Down 0.8%

Shares of NASDAQ:CVLT opened at $170.72 on Friday. CommVault Systems, Inc. has a 12 month low of $128.07 and a 12 month high of $200.68. The company has a 50-day moving average price of $182.45 and a 200 day moving average price of $175.16. The company has a market cap of $7.59 billion, a price-to-earnings ratio of 94.84 and a beta of 0.72.

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. The business had revenue of $281.98 million during the quarter, compared to analyst estimates of $267.83 million. CommVault Systems had a return on equity of 30.83% and a net margin of 7.70%.The firm's 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 EPS for the current year.

Analyst Upgrades and Downgrades

CVLT has been the subject of a number of analyst reports. Weiss Ratings restated a "hold (c)" rating on shares of CommVault Systems in a research report on Wednesday, October 8th. KeyCorp raised their target price on shares of CommVault Systems from $195.00 to $225.00 and gave the stock an "overweight" rating in a report on Wednesday, July 30th. Guggenheim restated a "buy" rating and issued a $220.00 target price on shares of CommVault Systems in a report on Thursday. Truist Financial started coverage on shares of CommVault Systems in a research note on Wednesday, October 8th. They issued a "buy" rating and a $230.00 price objective for the company. Finally, Wells Fargo & Company raised their price objective on shares of CommVault Systems from $190.00 to $220.00 and gave the stock an "overweight" rating in a research note 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 assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $211.67.

Institutional Investors Weigh In On CommVault Systems

Several large investors have recently added to or reduced their stakes in CVLT. SBI Securities Co. Ltd. raised its stake 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 stake in CommVault Systems during the 1st quarter valued at $27,000. Brooklyn Investment Group raised its position in 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 purchasing an additional 171 shares in the last quarter. State of Wyoming bought a new stake in CommVault Systems during the 2nd quarter valued at $35,000. Finally, EverSource Wealth Advisors LLC raised its position in CommVault Systems by 188.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 271 shares of the software maker's stock valued at $47,000 after purchasing an additional 177 shares in the last quarter. 93.50% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at CommVault Systems

In related news, CFO Jennifer Leigh Dirico sold 14,909 shares of CommVault Systems stock in a transaction dated Tuesday, September 9th. The stock was sold at an average price of $182.22, for a total value of $2,716,717.98. Following the completion of the sale, the chief financial officer directly owned 45,143 shares in the company, valued at $8,225,957.46. The trade was a 24.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Allison Pickens sold 690 shares of CommVault Systems stock in a transaction dated Wednesday, September 3rd. The shares were 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 of the company's stock, valued at $918,979.74. The trade was a 11.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 55,942 shares of company stock valued at $10,019,157. Insiders own 1.00% of the company's stock.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey's 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027. Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey's 5th Congressional District. He declared candidacy for the 2026 election. Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025. Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

About CommVault Systems

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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