Pallas Capital Advisors LLC Invests $527,000 in CommVault Systems, Inc. $CVLT

Pallas Capital Advisors LLC acquired a new position in CommVault Systems, Inc. (NASDAQ:CVLT) during the second quarter, HoldingsChannel.com reports. The institutional investor acquired 3,715 shares of the software maker’s stock, valued at approximately $527,000.

Several other hedge funds have also recently bought and sold shares of the company. Boston Trust Walden Corp acquired a new stake in shares of CommVault Systems in the fourth quarter valued at approximately $30,830,000. Intech Investment Management LLC boosted its position in shares of CommVault Systems by 52.4% during the fourth quarter. Intech Investment Management LLC now owns 86,634 shares of the software maker’s stock worth $10,860,000 after buying an additional 29,796 shares during the period. Epoch Investment Partners Inc. bought a new position in CommVault Systems in the 4th quarter worth approximately $27,278,000. Madison Asset Management LLC increased its position in CommVault Systems by 39.7% in the 1st quarter. Madison Asset Management LLC now owns 33,459 shares of the software maker’s stock valued at $2,606,000 after acquiring an additional 9,512 shares during the period. Finally, BNP Paribas Financial Markets increased its position in CommVault Systems by 410.8% in the 4th quarter. BNP Paribas Financial Markets now owns 320,468 shares of the software maker’s stock valued at $40,174,000 after acquiring an additional 257,729 shares during the period. 93.50% of the stock is currently owned by institutional investors.

Insider Buying and Selling at CommVault Systems

In other CommVault Systems news, CEO Sanjay Mirchandani sold 12,437 shares of the business’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $143.98, for a total value of $1,790,679.26. Following the sale, the chief executive officer directly owned 269,373 shares in the company, valued at approximately $38,784,324.54. The trade was a 4.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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, Director Vivie Lee sold 595 shares of the company’s stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $134.19, for a total transaction of $79,843.05. Following the completion of the sale, the director directly owned 15,140 shares of the company’s stock, valued at $2,031,636.60. The trade was a 3.78% decrease in their ownership of the stock. 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. Over the last three months, insiders have sold 38,311 shares of company stock valued at $5,172,467. Corporate insiders own 0.86% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on CVLT shares. Jefferies Financial Group reiterated a “hold” rating and set a $130.00 price target on shares of CommVault Systems in a research report on Wednesday, July 29th. Guggenheim reissued a “buy” rating on shares of CommVault Systems in a report on Tuesday, July 28th. Mizuho lifted their price objective on shares of CommVault Systems from $140.00 to $175.00 and gave the company an “outperform” rating in a research note on Wednesday, July 15th. Oppenheimer upped their price objective on shares of CommVault Systems from $150.00 to $175.00 and gave the stock an “outperform” rating in a report on Friday, July 17th. Finally, Zacks Research lowered shares of CommVault Systems from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat.com, CommVault Systems currently has a consensus rating of “Moderate Buy” and an average price target of $152.47.

Key CommVault Systems News

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

• Positive Sentiment: Commvault expanded its Cloud Rewind offering with broader Microsoft Azure resource coverage, aiming to help customers protect and recover cloud-native and AI-driven applications after cyberattacks or outages. The announcement supports the company’s positioning in the growing data resilience, cloud protection and AI infrastructure markets. Commvault Advances AI and Cloud Application Resilience with Expanded Cloud Rewind Coverage
• Positive Sentiment: Analysts assign Commvault a consensus rating of “Moderate Buy,” indicating that overall Wall Street sentiment remains favorable despite recent selling pressure. CommVault Systems Given Consensus Rating of Moderate Buy
• Neutral Sentiment: CEO Sanjay Mirchandani, CFO Gary Merrill and Chief Accounting Officer Danielle Abrahamsen reported sales of company stock during August 17–19. The transactions were executed under pre-arranged Rule 10b5-1 plans and were specifically described as sales to cover tax-withholding obligations from vested equity awards, reducing their significance as a discretionary bearish signal. Executives continue to own substantial positions.
• Negative Sentiment: Bernstein Liebhard announced an investigation into potential breaches of fiduciary duty by certain Commvault directors and officers. The investigation is at an early stage and does not establish wrongdoing, but it introduces legal and governance uncertainty that could weigh on investor sentiment. CommVault Shareholder Investigation Alert

CommVault Systems Stock Performance

CVLT opened at $137.32 on Thursday. The company has a market capitalization of $5.69 billion, a price-to-earnings ratio of 87.46 and a beta of 0.81. The company has a debt-to-equity ratio of 16.94, a current ratio of 2.04 and a quick ratio of 2.04. CommVault Systems, Inc. has a 1-year low of $71.75 and a 1-year high of $198.18. The business has a 50 day moving average price of $138.40 and a two-hundred day moving average price of $108.99.

CommVault Systems (NASDAQ:CVLT) last issued its quarterly earnings results on Tuesday, July 28th. The software maker reported $1.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.16 by $0.26. CommVault Systems had a return on equity of 88.75% and a net margin of 5.62%.The firm had revenue of $314.13 million during the quarter, compared to analyst estimates of $310.43 million. During the same period last year, the company posted $1.01 EPS. The firm’s quarterly revenue was up 11.4% on a year-over-year basis. Research analysts predict that CommVault Systems, Inc. will post 2.84 EPS for the current fiscal year.

CommVault Systems 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.