Blue Trust Inc. Purchases 211 Shares of CommVault Systems, Inc. $CVLT

Blue Trust Inc. raised its position in shares of CommVault Systems, Inc. (NASDAQ:CVLT) by 16.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,495 shares of the software maker’s stock after acquiring an additional 211 shares during the period. Blue Trust Inc.’s holdings in CommVault Systems were worth $261,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Invesco Ltd. raised its position in shares of CommVault Systems by 7.1% during the first quarter. Invesco Ltd. now owns 1,777,307 shares of the software maker’s stock valued at $280,388,000 after buying an additional 117,199 shares during the last quarter. Acadian Asset Management LLC raised its position in shares of CommVault Systems by 2.9% during the first quarter. Acadian Asset Management LLC now owns 1,505,357 shares of the software maker’s stock valued at $237,454,000 after buying an additional 43,075 shares during the last quarter. Nuveen LLC acquired a new position in shares of CommVault Systems during the first quarter valued at about $116,223,000. Goldman Sachs Group Inc. raised its position in shares of CommVault Systems by 6.1% during the first quarter. Goldman Sachs Group Inc. now owns 632,084 shares of the software maker’s stock valued at $99,718,000 after buying an additional 36,601 shares during the last quarter. Finally, Congress Asset Management Co. raised its position in shares of CommVault Systems by 1.9% during the second quarter. Congress Asset Management Co. now owns 570,888 shares of the software maker’s stock valued at $99,523,000 after buying an additional 10,446 shares during the last quarter. Institutional investors and hedge funds own 93.50% of the company’s stock.

Insider Activity

In other 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 transaction of $2,716,717.98. Following the sale, the chief financial officer directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Sanjay Mirchandani sold 11,320 shares of the stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $177.83, for a total transaction of $2,013,035.60. Following the sale, the chief executive officer directly owned 458,361 shares in the company, valued at $81,510,336.63. This trade represents a 2.41% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 55,942 shares of company stock valued at $10,019,157 over the last three months. 1.00% of the stock is owned by corporate insiders.

CommVault Systems Trading Down 0.8%

Shares of CommVault Systems stock opened at $174.31 on Wednesday. The stock has a market capitalization of $7.75 billion, a price-to-earnings ratio of 96.84 and a beta of 0.72. CommVault Systems, Inc. has a 1-year low of $128.07 and a 1-year high of $200.68. The firm’s 50-day moving average price is $183.03 and its two-hundred day moving average price is $175.09.

CommVault Systems (NASDAQ:CVLT) last issued its quarterly earnings data 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 firm 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 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 research analysts predict that CommVault Systems, Inc. will post 1.65 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Guggenheim set a $220.00 price objective on shares of CommVault Systems in a research report on Tuesday, July 29th. KeyCorp increased their price target on shares of CommVault Systems from $195.00 to $225.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 30th. Wall Street Zen lowered shares of CommVault Systems from a “strong-buy” rating to a “buy” rating in a research report on Sunday, September 21st. Royal Bank Of Canada increased their price target on shares of CommVault Systems from $185.00 to $217.00 and gave the stock a “sector perform” rating in a research report on Wednesday, July 30th. Finally, DA Davidson increased their price target 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. Eight 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, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $211.67.

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.