CommVault Systems, Inc. $CVLT Shares Purchased by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd boosted its holdings in CommVault Systems, Inc. (NASDAQ:CVLT) by 1,415.4% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 61,781 shares of the software maker’s stock after purchasing an additional 57,704 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in CommVault Systems were worth $4,812,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CVLT. State of Wyoming purchased a new stake in CommVault Systems during the second quarter worth approximately $35,000. FNY Investment Advisers LLC acquired a new position in shares of CommVault Systems during the 4th quarter valued at $36,000. Banque Cantonale Vaudoise purchased a new stake in CommVault Systems during the 3rd quarter worth $39,000. Assetmark Inc. boosted its position in CommVault Systems by 33.6% during the 4th quarter. Assetmark Inc. now owns 326 shares of the software maker’s stock worth $41,000 after purchasing an additional 82 shares during the period. Finally, EverSource Wealth Advisors LLC increased its holdings in CommVault Systems by 188.3% in 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 institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have commented on CVLT shares. Wall Street Zen lowered CommVault Systems from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Loop Capital assumed coverage on CommVault Systems in a research report on Tuesday, March 24th. They issued a “buy” rating and a $125.00 target price for the company. William Blair reiterated a “market perform” rating on shares of CommVault Systems in a research note on Monday, March 23rd. Royal Bank Of Canada raised their target price on CommVault Systems from $100.00 to $110.00 and gave the company a “sector perform” rating in a report on Wednesday, April 29th. Finally, Zacks Research lowered CommVault Systems from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $136.33.

Insider Activity

In other CommVault Systems news, CAO Danielle Nicole Abrahamsen sold 1,065 shares of the firm’s stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $105.84, for a total value of $112,719.60. Following the transaction, the chief accounting officer owned 13,581 shares of the company’s stock, valued at $1,437,413.04. This trade represents a 7.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Sanjay Mirchandani sold 19,396 shares of the firm’s stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $105.49, for a total transaction of $2,046,084.04. Following the completion of the transaction, the chief executive officer directly owned 315,377 shares in the company, valued at $33,269,119.73. This represents a 5.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 55,025 shares of company stock valued at $5,748,457. Company insiders own 0.86% of the company’s stock.

CommVault Systems Price Performance

CVLT opened at $149.98 on Monday. The company has a debt-to-equity ratio of 117.54, a quick ratio of 1.95 and a current ratio of 1.95. The company has a market capitalization of $6.21 billion, a P/E ratio of 94.33 and a beta of 0.79. CommVault Systems, Inc. has a 1-year low of $71.75 and a 1-year high of $200.68. The company has a 50-day moving average of $116.61 and a 200-day moving average of $104.62.

CommVault Systems (NASDAQ:CVLT) last announced its quarterly earnings data on Tuesday, April 28th. The software maker reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.09 by $0.19. The firm had revenue of $311.69 million for the quarter, compared to analysts’ expectations of $306.71 million. CommVault Systems had a return on equity of 51.64% and a net margin of 5.97%.CommVault Systems’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.03 earnings per share. Equities analysts expect that CommVault Systems, Inc. will post 2.86 EPS for the current fiscal year.

More CommVault Systems News

Here are the key news stories impacting CommVault Systems this week:

• Positive Sentiment: Wall Street sentiment appears upbeat, with a Zacks article highlighting bullish analyst views on Commvault Systems (CVLT), which could help support the stock. Article Title
• Positive Sentiment: A Seeking Alpha piece argued that Commvault’s SaaS transition, recurring revenue growth, and strong free cash flow could justify a higher valuation over time. Article Title
• Neutral Sentiment: Several law firms issued reminders and deadline notices tied to the existing CVLT securities class action, keeping the lawsuit in investors’ focus but not adding new allegations. Article Title
• Neutral Sentiment: Additional class-action updates say investors have until July 17 to seek lead-plaintiff status, reinforcing legal overhang but largely repeating prior notices. Article Title
• Negative Sentiment: New filings and attorney outreach from multiple firms expanded the securities-fraud case against Commvault, which can keep pressure on CVLT shares. Article Title
• Negative Sentiment: Investor alerts highlighted claims that Commvault’s stock fell sharply after disappointing results and that executives later sold stock, reinforcing concerns about governance and growth expectations. Article Title

CommVault Systems Company Profile

Commvault Systems, Inc is a global provider of data protection and information management software designed to help organizations manage, protect, and activate data across on-premises and cloud environments. Founded in 1996 and headquartered in Tinton Falls, New Jersey, Commvault offers a suite of integrated products and services that enable enterprises to back up, recover, archive, and analyze data. Its flagship solutions include Commvault Complete Data Protection, Commvault HyperScale, and the SaaS-based Metallic portfolio, which deliver scalable and automated data management capabilities across hybrid infrastructure environments.

Commvault’s platform is built on a unified architecture that allows customers to streamline operations, reduce complexity, and ensure data resiliency.