Cinctive Capital Management LP Makes New $19.78 Million Investment in CommVault Systems, Inc. $CVLT

Cinctive Capital Management LP purchased a new position in shares of CommVault Systems, Inc. (NASDAQ:CVLT) in the fourth quarter, HoldingsChannel.com reports. The firm purchased 157,815 shares of the software maker’s stock, valued at approximately $19,784,000. CommVault Systems comprises 1.1% of Cinctive Capital Management LP’s portfolio, making the stock its 17th biggest holding.

Several other large investors also recently made changes to their positions in CVLT. State of Wyoming acquired a new stake in shares of CommVault Systems in the 2nd quarter valued at about $35,000. FNY Investment Advisers LLC acquired a new stake in shares of CommVault Systems in the 4th quarter valued at about $36,000. Banque Cantonale Vaudoise acquired a new stake in shares of CommVault Systems in the 3rd quarter valued at about $39,000. Assetmark Inc. grew its stake in shares of CommVault Systems by 33.6% in the 4th quarter. Assetmark Inc. now owns 326 shares of the software maker’s stock valued at $41,000 after buying an additional 82 shares during the period. Finally, EverSource Wealth Advisors LLC grew its stake in shares of CommVault Systems by 188.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 271 shares of the software maker’s stock valued at $47,000 after buying an additional 177 shares during the period. 93.50% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other CommVault Systems news, 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 transaction of $112,719.60. Following the transaction, the chief accounting officer owned 13,581 shares of the company’s stock, valued at $1,437,413.04. This trade represents a 7.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available 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, CEO Sanjay Mirchandani sold 19,396 shares of CommVault Systems stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $105.49, for a total transaction of $2,046,084.04. Following the transaction, the chief executive officer directly owned 315,377 shares in the company, valued at approximately $33,269,119.73. This represents a 5.79% decrease in their position. 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. Insiders have sold a total of 55,025 shares of company stock valued at $5,748,457 in the last 90 days. 1.00% of the stock is currently owned by corporate insiders.

CommVault Systems News Roundup

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

• Positive Sentiment: Stephens raised its price target on Commvault Systems to $155 from $135 and kept an Overweight rating, signaling confidence in the stock’s upside after the recent pullback. Read More
• Neutral Sentiment: Multiple law firms issued reminders about the July 17, 2026 lead-plaintiff deadline in the securities class action tied to shares bought between April 29, 2025 and January 26, 2026. These notices keep the legal case in focus, but they are largely procedural at this stage. Deadline Alert article
• Neutral Sentiment: Analysts at Zacks highlighted Commvault as a stock worth reviewing, reflecting ongoing investor interest in the name, but the piece did not announce a new fundamental catalyst. Zacks article
• Negative Sentiment: The class action lawsuit alleges Commvault made misleading disclosures about growth expectations before a sharp share-price decline, which continues to create legal and reputational risk for CVLT. Levi & Korsinsky article

CommVault Systems Price Performance

Shares of NASDAQ CVLT opened at $127.10 on Thursday. CommVault Systems, Inc. has a fifty-two week low of $71.75 and a fifty-two week high of $200.68. The stock has a market cap of $5.24 billion, a price-to-earnings ratio of 79.94 and a beta of 0.82. The company has a debt-to-equity ratio of 117.54, a quick ratio of 1.95 and a current ratio of 1.95. The firm’s 50-day simple moving average is $105.13 and its 200 day simple moving average is $103.34.

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. CommVault Systems had a net margin of 5.97% and a return on equity of 51.64%. The business had revenue of $311.69 million for the quarter, compared to analysts’ expectations of $306.71 million. During the same quarter last year, the firm earned $1.03 EPS. The firm’s revenue for the quarter was up 13.3% compared to the same quarter last year. As a group, research analysts anticipate that CommVault Systems, Inc. will post 2.86 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently commented on CVLT. Mizuho raised their target price on CommVault Systems from $130.00 to $140.00 and gave the company an “outperform” rating in a research note on Wednesday, June 10th. DA Davidson restated a “buy” rating and issued a $125.00 target price on shares of CommVault Systems in a research note on Monday, April 13th. Loop Capital began coverage on CommVault Systems in a research note on Tuesday, March 24th. They issued a “buy” rating and a $125.00 target price for the company. Jefferies Financial Group began coverage on CommVault Systems in a research note on Monday, April 27th. They issued a “hold” rating and a $105.00 target price for the company. Finally, KeyCorp raised their target price on CommVault Systems from $108.00 to $125.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. One 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’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $136.33.

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.