TD Asset Management Inc Buys 379,282 Shares of CommVault Systems, Inc. $CVLT

TD Asset Management Inc boosted its stake in shares of CommVault Systems, Inc. (NASDAQ:CVLT) by 14,047.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 381,982 shares of the software maker’s stock after purchasing an additional 379,282 shares during the quarter. TD Asset Management Inc’s holdings in CommVault Systems were worth $47,885,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in CVLT. State of Wyoming bought a new stake in CommVault Systems during the second quarter valued at about $35,000. FNY Investment Advisers LLC acquired a new stake in CommVault Systems in the fourth quarter worth about $36,000. Banque Cantonale Vaudoise acquired a new stake in CommVault Systems in the third quarter worth about $39,000. Assetmark Inc. boosted its holdings in CommVault Systems by 33.6% in the fourth quarter. Assetmark Inc. now owns 326 shares of the software maker’s stock worth $41,000 after acquiring an additional 82 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its holdings in CommVault Systems by 188.3% in the second quarter. EverSource Wealth Advisors LLC now owns 271 shares of the software maker’s stock worth $47,000 after acquiring an additional 177 shares in the last quarter. Institutional investors own 93.50% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have weighed in on CVLT. Scotiabank raised their price target on CommVault Systems from $105.00 to $110.00 and gave the stock a “sector perform” rating in a report on Wednesday, April 29th. Zacks Research downgraded CommVault Systems from a “strong-buy” rating to a “hold” rating in a report on Friday, May 1st. KeyCorp raised their price target on CommVault Systems from $108.00 to $125.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. Jefferies Financial Group began coverage on CommVault Systems in a report on Monday, April 27th. They issued a “hold” rating and a $105.00 price target for the company. Finally, Loop Capital began coverage on CommVault Systems in a report on Tuesday, March 24th. They issued a “buy” rating and a $125.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $135.00.

Insider Activity at CommVault Systems

In related news, CFO Gary Merrill sold 4,560 shares of CommVault Systems stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $105.10, for a total transaction of $479,256.00. Following the completion of the transaction, the chief financial officer directly owned 72,507 shares in the company, valued at approximately $7,620,485.70. This trade represents a 5.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 1,065 shares of CommVault Systems stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $105.84, for a total value of $112,719.60. Following the transaction, the chief accounting officer owned 13,581 shares of the company’s stock, valued at approximately $1,437,413.04. This represents a 7.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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. Over the last ninety days, insiders sold 75,415 shares of company stock worth $7,369,811. 1.00% of the stock is owned by corporate insiders.

CommVault Systems News Summary

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

• Negative Sentiment: Multiple law firms, including Glancy Prongay Wolke & Rotter, Robbins LLP, Hagens Berman, DJS Law Group, and others, issued fresh reminders and “opportunity to lead” notices about the ongoing CVLT securities fraud class action, keeping legal risk front and center for investors. Article Title
• Negative Sentiment: The lawsuits reference allegations that Commvault’s Q3 2026 results exposed inconsistencies with its prior growth story and followed a sharp one-day share-price drop in January, which may reinforce concerns about disclosure quality and drive selling pressure. Article Title
• Neutral Sentiment: One item noted that brokerages still show a consensus recommendation of “Moderate Buy,” suggesting analysts have not broadly turned bearish despite the litigation headlines. Article Title

CommVault Systems Stock Down 2.4%

Shares of CVLT stock opened at $118.68 on Friday. The stock has a 50 day moving average of $97.61 and a 200 day moving average of $103.27. 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 cap of $4.90 billion, a P/E ratio of 74.64 and a beta of 0.82. CommVault Systems, Inc. has a twelve month low of $71.75 and a twelve month high of $200.68.

CommVault Systems (NASDAQ:CVLT) last announced its quarterly earnings results on Tuesday, April 28th. The software maker reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.09 by $0.19. The company had revenue of $311.69 million during the quarter, compared to analysts’ expectations of $306.71 million. CommVault Systems had a return on equity of 51.64% and a net margin of 5.97%.CommVault Systems’s quarterly revenue was up 13.3% on a year-over-year basis. During the same period last year, the business earned $1.03 earnings per share. As a group, sell-side analysts expect that CommVault Systems, Inc. will post 2.86 EPS for the current year.

CommVault Systems 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.