Westfield Capital Management Co. LP Acquires 270,902 Shares of CommVault Systems, Inc. $CVLT

Westfield Capital Management Co. LP grew its holdings in shares of CommVault Systems, Inc. (NASDAQ:CVLT) by 34.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,057,077 shares of the software maker’s stock after buying an additional 270,902 shares during the quarter. Westfield Capital Management Co. LP’s holdings in CommVault Systems were worth $132,515,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Assetmark Inc. increased its position in CommVault Systems by 33.6% during the fourth quarter. Assetmark Inc. now owns 326 shares of the software maker’s stock worth $41,000 after buying an additional 82 shares during the last quarter. Diversify Wealth Management LLC increased its position in CommVault Systems by 1.6% during the third quarter. Diversify Wealth Management LLC now owns 7,060 shares of the software maker’s stock worth $1,333,000 after buying an additional 110 shares during the last quarter. Optiver Holding B.V. increased its position in CommVault Systems by 62.6% during the third quarter. Optiver Holding B.V. now owns 291 shares of the software maker’s stock worth $55,000 after buying an additional 112 shares during the last quarter. Hantz Financial Services Inc. increased its position in CommVault Systems by 84.9% during the third quarter. Hantz Financial Services Inc. now owns 257 shares of the software maker’s stock worth $49,000 after buying an additional 118 shares during the last quarter. Finally, Huntington National Bank increased its position in CommVault Systems by 25.5% during the third quarter. Huntington National Bank now owns 699 shares of the software maker’s stock worth $132,000 after buying an additional 142 shares during the last quarter. 93.50% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on CVLT shares. KeyCorp boosted their price target on CommVault Systems from $108.00 to $125.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Robert W. Baird lowered their price target on CommVault Systems from $185.00 to $160.00 and set an “outperform” rating on the stock in a research report on Monday, April 13th. Royal Bank Of Canada increased their price target on shares of CommVault Systems from $100.00 to $110.00 and gave the company a “sector perform” rating in a report on Wednesday, April 29th. Zacks Research cut shares of CommVault Systems from a “strong-buy” rating to a “hold” rating in a report on Friday, May 1st. Finally, William Blair reissued a “market perform” rating on shares of CommVault Systems in a report on Monday, March 23rd. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $135.00.

Key Stories Impacting CommVault Systems

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

• Positive Sentiment: Brokerage coverage remains constructive, with Commvault receiving a consensus “Moderate Buy” recommendation from analysts, which may help support the stock. CommVault Systems, Inc. (NASDAQ:CVLT) Receives Consensus Recommendation of “Moderate Buy” from Brokerages
• Neutral Sentiment: Several law firms issued reminders about the July 17, 2026 lead-plaintiff deadline in the pending class action, extending attention on the case but not adding new operational information. Commvault Systems, Inc. Sued for Securities Law Violations – Contact the DJS Law Group to Discuss Your Rights – CVLT
• Neutral Sentiment: Additional analyst commentary on Commvault and peer tech names may keep the stock on investors’ radar, but the headline does not point to a major fundamental change. Analysts Offer Insights on Technology Companies: CommVault Systems (CVLT) and UiPath (PATH)
• Negative Sentiment: Multiple plaintiff firms are actively advertising securities fraud suits over alleged hidden SaaS mix shifts and weaker ARR growth, reinforcing legal and disclosure overhangs for CVLT. Lost Money on Commvault Systems, Inc. (CVLT)? Join Class Action Suit Seeking Recovery – Contact SueWallSt
• Negative Sentiment: The class action narrative centers on a reported 31% share drop after Q3 2026 results and a market-cap wipeout, which is likely weighing on sentiment and keeping investors cautious. Commvault Systems (CVLT) Facing Securities Class Action Amid Q3 2026’s Apparent Inconsistencies With Prior Growth Narrative and $1.7B Market Cap Wipeout – HBSS

CommVault Systems Stock Up 0.6%

Shares of CVLT opened at $121.55 on Friday. The company has a current ratio of 1.95, a quick ratio of 1.95 and a debt-to-equity ratio of 117.54. The stock has a market capitalization of $5.01 billion, a PE ratio of 76.45 and a beta of 0.82. The firm’s 50 day moving average is $96.84 and its 200-day moving average is $103.16. CommVault Systems, Inc. has a 12 month low of $71.75 and a 12 month high of $200.68.

CommVault Systems (NASDAQ:CVLT) last posted its quarterly earnings results on Tuesday, April 28th. The software maker reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.09 by $0.19. The business had revenue of $311.69 million for the quarter, compared to analyst estimates of $306.71 million. CommVault Systems had a net margin of 5.97% and a return on equity of 51.64%. The firm’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same quarter last year, the business posted $1.03 EPS. Equities research analysts forecast that CommVault Systems, Inc. will post 2.86 EPS for the current year.

Insider Buying and Selling at CommVault Systems

In other news, CFO Gary Merrill sold 4,554 shares of CommVault Systems stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $106.70, for a total transaction of $485,911.80. Following the transaction, the chief financial officer owned 72,775 shares in the company, valued at approximately $7,765,092.50. The trade was a 5.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 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, CAO Danielle Nicole Abrahamsen sold 277 shares of CommVault Systems stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $106.70, for a total transaction of $29,555.90. Following the transaction, the chief accounting officer owned 13,166 shares in the company, valued at approximately $1,404,812.20. This trade represents a 2.06% decrease in their position. The disclosure for this sale is available in the SEC filing. 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. Insiders have sold 75,415 shares of company stock worth $7,369,811 over the last quarter. Corporate insiders own 1.00% of the company’s stock.

About CommVault Systems

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.