NASDAQ:CVLT - CommVault Systems Stock Price, News, & Analysis

CommVault Systems trades on the NASDAQ under the ticker symbol "CVLT."

CommVault Systems declared that its Board of Directors has approved a share buyback program on Thursday, January 25th 2018, which permits the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board believes its stock is undervalued.

CommVault Systems, Inc. (NASDAQ:CVLT) posted its quarterly earnings data on Tuesday, July, 24th. The software maker reported $0.36 earnings per share for the quarter, topping analysts' consensus estimates of $0.27 by $0.09. The software maker earned $176.18 million during the quarter, compared to analyst estimates of $177.92 million. CommVault Systems had a positive return on equity of 0.72% and a negative net margin of 9.89%. CommVault Systems's revenue was up 6.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.21 EPS. View CommVault Systems' Earnings History.

CommVault Systems is scheduled to release their next quarterly earnings announcement on Tuesday, October, 23rd 2018. View Earnings Estimates for CommVault Systems.

9 Wall Street analysts have issued twelve-month price objectives for CommVault Systems' stock. Their forecasts range from $70.00 to $85.00. On average, they anticipate CommVault Systems' share price to reach $77.50 in the next twelve months. This suggests a possible upside of 11.4% from the stock's current price. View Analyst Price Targets for CommVault Systems.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CommVault Systems in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CommVault Systems.

CommVault Systems saw a increase in short interest during the month of August. As of August 15th, there was short interest totalling 994,693 shares, an increase of 48.8% from the July 31st total of 668,411 shares. Based on an average trading volume of 447,065 shares, the days-to-cover ratio is currently 2.2 days. Approximately 2.4% of the shares of the stock are short sold. View CommVault Systems' Current Options Chain.

Some companies that are related to CommVault Systems include PTC (PTC), UBISOFT Entmt S/ADR (UBSFY), Temenos (TMNSF), Dropbox (DBX), The Ultimate Software Group (ULTI), Atlassian (TEAM), Tyler Technologies (TYL), Momo (MOMO), Tableau Software Inc Class A (DATA), Paycom Software (PAYC), Trend Micro (TMICY), Docusign (DOCU), Twilio (TWLO), Black Knight (BKI) and Guidewire Software (GWRE).

CommVault Systems' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.26%), FMR LLC (3.91%), FMR LLC (3.91%), Renaissance Technologies LLC (3.50%), Bank of New York Mellon Corp (2.87%) and Bank of New York Mellon Corp (2.87%). Company insiders that own CommVault Systems stock include Al Bunte, Armando Geday, Brian Carolan, David F Walker, Gary B Smith, Gary Merrill, N Robert Hammer, Robert F Kurimsky, Ronald L Miiller and Vivie Lee. View Institutional Ownership Trends for CommVault Systems.

CVLT stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Bank of New York Mellon Corp, Victory Capital Management Inc., Nomura Holdings Inc., Ardevora Asset Management LLP, Federated Investors Inc. PA, Russell Investments Group Ltd. and Fort Washington Investment Advisors Inc. OH. Company insiders that have sold CommVault Systems company stock in the last year include Al Bunte, Armando Geday, Brian Carolan, David F Walker, Gary B Smith, Gary Merrill, N Robert Hammer, Robert F Kurimsky, Ronald L Miiller and Vivie Lee. View Insider Buying and Selling for CommVault Systems.

CVLT stock was purchased by a variety of institutional investors in the last quarter, including Copper Rock Capital Partners LLC, BlackRock Inc., Renaissance Technologies LLC, Chartwell Investment Partners LLC, MUFG Securities EMEA plc, Millennium Management LLC, FMR LLC and FMR LLC. View Insider Buying and Selling for CommVault Systems.

Shares of CVLT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of CVLT stock can currently be purchased for approximately $69.60.

CommVault Systems has a market capitalization of $3.13 billion and generates $699.39 million in revenue each year. The software maker earns $-61,900,000.00 in net income (profit) each year or ($0.59) on an earnings per share basis. CommVault Systems employs 2,839 workers across the globe.

The official website for CommVault Systems is http://www.commvault.com.

CommVault Systems' mailing address is 1 COMMVAULT WAY, TINTON FALLS NJ, 07724. The software maker can be reached via phone at 732-870-4000 or via email at [email protected]