R Squared Ltd Buys New Shares in CommVault Systems, Inc. $CVLT

R Squared Ltd bought a new stake in CommVault Systems, Inc. (NASDAQ:CVLT) during the second quarter, HoldingsChannel reports. The fund bought 1,410 shares of the software maker’s stock, valued at approximately $246,000.

A number of other institutional investors have also added to or reduced their stakes in CVLT. SBI Securities Co. Ltd. increased its stake in CommVault Systems by 101.3% in 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 during the last quarter. Cullen Frost Bankers Inc. bought a new position in CommVault Systems in the first quarter valued at $27,000. Brooklyn Investment Group increased its stake in CommVault Systems by 8,550.0% in the first quarter. Brooklyn Investment Group now owns 173 shares of the software maker’s stock valued at $27,000 after acquiring an additional 171 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of CommVault Systems by 126.3% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 516 shares of the software maker’s stock valued at $81,000 after buying an additional 288 shares during the last quarter. Finally, Reyes Financial Architecture Inc. bought a new position in shares of CommVault Systems during the second quarter valued at about $98,000. Institutional investors own 93.50% of the company’s stock.

CommVault Systems Trading Up 1.1%

CommVault Systems stock opened at $169.92 on Friday. The firm has a 50-day moving average of $180.75 and a 200-day moving average of $176.28. The firm has a market cap of $7.55 billion, a P/E ratio of 94.40 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.

CommVault Systems (NASDAQ:CVLT) last posted its earnings results on Tuesday, July 29th. The software maker reported $1.01 earnings per share for the quarter, topping analysts’ consensus estimates of $0.97 by $0.04. The company had revenue of $281.98 million during the quarter, compared to analyst estimates 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% on a year-over-year basis. CommVault Systems has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. Research analysts forecast that CommVault Systems, Inc. will post 1.65 earnings per share for the current fiscal year.

Insider Activity at CommVault Systems

In other CommVault Systems news, CFO Jennifer Leigh Dirico sold 14,909 shares of the firm’s stock in a transaction dated Tuesday, September 9th. The shares were 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. This trade represents a 24.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Sanjay Mirchandani sold 11,320 shares of the firm’s stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $177.83, for a total transaction of $2,013,035.60. Following the completion of the sale, the chief executive officer owned 458,361 shares of the company’s stock, 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. Over the last ninety days, insiders have sold 55,942 shares of company stock valued at $10,019,157. 1.00% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on CVLT shares. Wall Street Zen cut CommVault Systems from a “strong-buy” rating to a “buy” rating in a research note on Sunday, September 21st. Guggenheim reaffirmed a “buy” rating and set a $220.00 price objective on shares of CommVault Systems in a research note on Thursday, October 16th. Royal Bank Of Canada raised their price objective on CommVault Systems from $185.00 to $217.00 and gave the company a “sector perform” rating in a research note on Wednesday, July 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of CommVault Systems in a research note on Friday. Finally, Truist Financial started coverage on CommVault Systems in a research note on Wednesday, October 8th. They set a “buy” rating and a $230.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price 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.