Kornitzer Capital Management Inc. KS Buys Shares of 39,190 CommVault Systems, Inc. $CVLT

Kornitzer Capital Management Inc. KS purchased a new position in shares of CommVault Systems, Inc. (NASDAQ:CVLT) in the third quarter, HoldingsChannel reports. The fund purchased 39,190 shares of the software maker’s stock, valued at approximately $7,398,000.

Other institutional investors have also modified their holdings of the company. State of Wyoming acquired a new stake in CommVault Systems during the second quarter worth approximately $35,000. Cullen Frost Bankers Inc. lifted its stake in shares of CommVault Systems by 43.8% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 243 shares of the software maker’s stock worth $46,000 after purchasing an additional 74 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in shares of CommVault Systems by 188.3% during the second quarter. EverSource Wealth Advisors LLC now owns 271 shares of the software maker’s stock worth $47,000 after purchasing an additional 177 shares during the last quarter. True Wealth Design LLC boosted its holdings in shares of CommVault Systems by 244.6% during the third quarter. True Wealth Design LLC now owns 286 shares of the software maker’s stock worth $54,000 after purchasing an additional 203 shares during the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. acquired a new position in CommVault Systems in the third quarter valued at $57,000. Institutional investors and hedge funds own 93.50% of the company’s stock.

Insider Activity at CommVault Systems

In related news, CEO Sanjay Mirchandani sold 13,109 shares of the business’s stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $121.15, for a total transaction of $1,588,155.35. Following the transaction, the chief executive officer directly owned 359,260 shares of the company’s stock, valued at approximately $43,524,349. The trade was a 3.52% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Gary Merrill sold 1,845 shares of the stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $122.40, for a total transaction of $225,828.00. Following the completion of the sale, the insider directly owned 67,318 shares of the company’s stock, valued at $8,239,723.20. This trade represents a 2.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 33,111 shares of company stock worth $4,058,851. 1.00% of the stock is currently owned by company insiders.

CommVault Systems Stock Down 31.1%

Shares of CommVault Systems stock opened at $89.13 on Wednesday. CommVault Systems, Inc. has a twelve month low of $84.44 and a twelve month high of $200.68. The stock has a market cap of $3.93 billion, a price-to-earnings ratio of 50.07 and a beta of 0.57. The company has a current ratio of 2.53, a quick ratio of 2.53 and a debt-to-equity ratio of 4.18. The company has a fifty day moving average price of $123.06 and a 200 day moving average price of $154.45.

CommVault Systems (NASDAQ:CVLT) last released its quarterly earnings data on Tuesday, January 27th. The software maker reported $1.17 EPS for the quarter, beating the consensus estimate of $0.98 by $0.19. CommVault Systems had a return on equity of 31.53% and a net margin of 7.32%.The company had revenue of $313.83 million for the quarter, compared to analyst estimates of $299.07 million. During the same period last year, the company posted $0.94 earnings per share. The firm’s revenue was up 19.5% compared to the same quarter last year. Equities research analysts forecast that CommVault Systems, Inc. will post 1.65 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on CVLT shares. Zacks Research upgraded CommVault Systems from a “strong sell” rating to a “hold” rating in a research report on Monday, December 29th. Guggenheim cut their price objective on shares of CommVault Systems from $220.00 to $200.00 and set a “buy” rating on the stock in a report on Friday, January 16th. Cantor Fitzgerald reissued a “neutral” rating on shares of CommVault Systems in a research report on Tuesday, January 20th. Mizuho dropped their price target on shares of CommVault Systems from $190.00 to $180.00 and set an “outperform” rating for the company in a research report on Wednesday, January 21st. Finally, Royal Bank Of Canada cut 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, October 29th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $178.33.

Key CommVault Systems News

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

• Positive Sentiment: Q3 results beat expectations: EPS $1.17 and revenue $313.8M, revenue +19.5% YoY and strong margins — beat consensus on both top and bottom lines. Commvault Systems (CVLT) Beats Q3 Earnings and Revenue Estimates
• Positive Sentiment: Recurring revenue and customer metrics robust: ARR reached $1,085M (up ~22% YoY) and the company added a high number of new customers — evidence of durable subscription demand. Commvault Announces Third Quarter Fiscal 2026 Financial Results
• Positive Sentiment: Expanded Google Cloud collaboration could expand addressable market and product reach, a constructive strategic partnership. Commvault Expands Collaboration with Google Cloud
• Positive Sentiment: Some analysts view the SaaS mix shift as a long-term positive and a buying opportunity despite near-term noise (Robert W. Baird note). CommVault Systems: SaaS Mix Shift Masks Strong Fundamentals…
• Neutral Sentiment: Earnings call transcripts and highlights are available for investors who want management detail on ARR, subscription trends and expense plans. Commvault (CVLT) Q3 2026 Earnings Call Transcript Commvault Q3 2026 Earnings Call Transcript (Seeking Alpha)
• Neutral Sentiment: Analyses comparing key metrics to estimates and prior periods are available (useful for deeper due diligence). Commvault (CVLT) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
• Neutral Sentiment: Reported short-interest data in the feed appears anomalous (zeros/NaN) and is not providing meaningful signal to explain the move; ignore until clarified.
• Negative Sentiment: Guidance / SaaS mix commentary spooked investors: management’s forward commentary and faster shift to subscription/SaaS accounting (which defers revenue recognition and can compress near-term GAAP metrics) appears to be the main driver of the sell-off despite the beat. Why Commvault Systems, Inc.’s (CVLT) Stock Is Down 30.08%
• Negative Sentiment: Company updated FY/Q4 revenue ranges (revenue guidance roughly in-line but EPS guidance was unclear in the release), leaving investors uncertain about near-term earnings trajectory and investment cadence.

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.