New York Life Investment Management LLC Acquires New Holdings in CommVault Systems, Inc. $CVLT

New York Life Investment Management LLC acquired a new stake in CommVault Systems, Inc. (NASDAQ:CVLT) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 4,581 shares of the software maker’s stock, valued at approximately $799,000.

A number of other large investors have also recently added to or reduced their stakes in the business. Frank Rimerman Advisors LLC grew its stake in CommVault Systems by 3.8% in the 1st quarter. Frank Rimerman Advisors LLC now owns 1,709 shares of the software maker’s stock valued at $270,000 after acquiring an additional 63 shares during the last quarter. SBI Securities Co. Ltd. grew its stake in CommVault Systems by 101.3% in the 1st 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. GAMMA Investing LLC grew its stake in CommVault Systems by 6.0% in the 2nd quarter. GAMMA Investing LLC now owns 1,422 shares of the software maker’s stock valued at $248,000 after acquiring an additional 80 shares during the last quarter. Vident Advisory LLC grew its stake in CommVault Systems by 0.3% in the 1st quarter. Vident Advisory LLC now owns 27,107 shares of the software maker’s stock valued at $4,276,000 after acquiring an additional 91 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund grew its stake in CommVault Systems by 1.1% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 8,979 shares of the software maker’s stock valued at $1,417,000 after acquiring an additional 100 shares during the last quarter. 93.50% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

CVLT has been the topic of a number of research reports. Wells Fargo & Company lowered their price objective on shares of CommVault Systems from $220.00 to $190.00 and set an “overweight” rating on the stock in a research note on Wednesday. Baird R W raised shares of CommVault Systems to a “strong-buy” rating in a research note on Monday, October 27th. DA Davidson raised their price target on shares of CommVault Systems from $200.00 to $220.00 and gave the stock a “buy” rating in a research note on Wednesday, July 30th. Cantor Fitzgerald decreased their price target on shares of CommVault Systems from $189.00 to $144.00 and set a “neutral” rating on the stock in a research note on Wednesday. Finally, Royal Bank Of Canada decreased their price target on shares of CommVault Systems from $217.00 to $167.00 and set a “sector perform” rating on the stock in a research note on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $195.10.

Insider Activity at CommVault Systems

In other news, insider Gary Merrill sold 15,244 shares of the stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $178.01, for a total transaction of $2,713,584.44. Following the transaction, the insider directly owned 71,837 shares in the company, valued at $12,787,704.37. This represents a 17.51% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Jennifer Leigh Dirico sold 14,909 shares of the stock in a transaction dated Tuesday, September 9th. The stock was sold at an average price of $182.22, for a total transaction of $2,716,717.98. Following the transaction, the chief financial officer owned 45,143 shares in the company, valued at approximately $8,225,957.46. The trade was a 24.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 55,942 shares of company stock valued at $10,019,157. Insiders own 1.00% of the company’s stock.

CommVault Systems Price Performance

CommVault Systems stock opened at $139.22 on Friday. The stock has a market capitalization of $6.19 billion, a P/E ratio of 78.21 and a beta of 0.72. CommVault Systems, Inc. has a 12-month low of $128.07 and a 12-month high of $200.68. The company has a debt-to-equity ratio of 4.18, a current ratio of 2.53 and a quick ratio of 1.24. The firm’s 50-day moving average is $177.69 and its two-hundred day moving average is $176.18.

CommVault Systems (NASDAQ:CVLT) last announced its quarterly earnings data on Tuesday, October 28th. The software maker reported $0.91 earnings per share for the quarter, missing the consensus estimate of $0.95 by ($0.04). The company had revenue of $276.19 million for the quarter, compared to analysts’ expectations of $273.31 million. CommVault Systems had a return on equity of 31.53% and a net margin of 7.32%.The company’s revenue was up 18.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.83 earnings per share. CommVault Systems has set its Q3 2026 guidance at EPS. FY 2026 guidance at EPS. Equities analysts predict that CommVault Systems, Inc. will post 1.65 earnings per share for the current year.

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.