Hillsdale Investment Management Inc. Acquires 5,270 Shares of CommVault Systems, Inc. $CVLT

Hillsdale Investment Management Inc. lifted its position in CommVault Systems, Inc. (NASDAQ:CVLT) by 13.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 43,600 shares of the software maker’s stock after purchasing an additional 5,270 shares during the quarter. Hillsdale Investment Management Inc. owned about 0.10% of CommVault Systems worth $7,601,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Magnetar Financial LLC purchased a new position in shares of CommVault Systems during the 2nd quarter worth about $519,000. Dynamic Technology Lab Private Ltd purchased a new stake in shares of CommVault Systems in the second quarter worth approximately $2,180,000. Westfield Capital Management Co. LP bought a new stake in shares of CommVault Systems during the 2nd quarter worth approximately $58,183,000. Ensign Peak Advisors Inc lifted its stake in shares of CommVault Systems by 24.5% during the 2nd quarter. Ensign Peak Advisors Inc now owns 21,067 shares of the software maker’s stock worth $3,673,000 after acquiring an additional 4,145 shares during the last quarter. Finally, Inspire Advisors LLC purchased a new position in CommVault Systems during the 2nd quarter valued at $207,000. Institutional investors own 93.50% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on CVLT shares. Wall Street Zen downgraded CommVault Systems from a “buy” rating to a “hold” rating in a research report on Saturday, November 1st. Robert W. Baird began coverage on shares of CommVault Systems in a research note on Monday, October 27th. They issued an “outperform” rating and a $215.00 price target on the stock. Oppenheimer started coverage on shares of CommVault Systems in a report on Monday, November 10th. They set an “outperform” rating for the company. Cantor Fitzgerald dropped their target price 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, October 29th. Finally, KeyCorp reduced their target price on shares of CommVault Systems from $225.00 to $185.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 29th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $195.10.

CommVault Systems Stock Down 1.5%

Shares of CommVault Systems stock opened at $117.69 on Friday. 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 stock has a market cap of $5.19 billion, a price-to-earnings ratio of 66.12 and a beta of 0.68. The firm’s 50-day moving average is $162.54 and its two-hundred day moving average is $173.00. CommVault Systems, Inc. has a 1 year low of $117.40 and a 1 year high of $200.68.

CommVault Systems (NASDAQ:CVLT) last posted its quarterly earnings results on Tuesday, October 28th. The software maker reported $0.91 EPS for the quarter, missing the consensus estimate of $0.95 by ($0.04). CommVault Systems had a net margin of 7.32% and a return on equity of 31.53%. The business had revenue of $448.85 million during the quarter, compared to the consensus estimate of $273.31 million. During the same quarter in the prior year, the firm posted $0.83 EPS. The company’s revenue for the quarter was up 18.4% compared to the same quarter last year. CommVault Systems has set its Q3 2026 guidance at EPS. FY 2026 guidance at EPS. As a group, research analysts expect that CommVault Systems, Inc. will post 1.65 earnings per share for the current fiscal year.

Insider Buying and Selling

In other CommVault Systems news, CFO Jennifer Leigh Dirico sold 830 shares of the stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $123.58, for a total transaction of $102,571.40. Following the sale, the chief financial officer owned 44,313 shares of the company’s stock, valued at approximately $5,476,200.54. This trade represents a 1.84% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Allison Pickens sold 690 shares of CommVault Systems stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $177.89, for a total value of $122,744.10. Following the completion of the transaction, the director owned 5,166 shares in the company, valued at $918,979.74. This represents a 11.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 63,954 shares of company stock worth $9,611,898 in the last three months. Corporate insiders own 1.00% of the company’s stock.

CommVault Systems 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.