ExodusPoint Capital Management LP Buys New Shares in CommVault Systems, Inc. $CVLT

ExodusPoint Capital Management LP bought a new stake in CommVault Systems, Inc. (NASDAQ:CVLT) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 187,402 shares of the software maker’s stock, valued at approximately $23,493,000.

Other institutional investors also recently bought and sold shares of the company. State of Wyoming purchased a new stake in CommVault Systems during the 2nd quarter worth about $35,000. Banque Cantonale Vaudoise purchased a new stake in CommVault Systems during the 3rd quarter worth about $39,000. Assetmark Inc. lifted its holdings in CommVault Systems by 2,950.0% during the 3rd quarter. Assetmark Inc. now owns 244 shares of the software maker’s stock worth $46,000 after buying an additional 236 shares during the last quarter. Advisory Services Network LLC purchased a new stake in CommVault Systems during the 3rd quarter worth about $47,000. Finally, EverSource Wealth Advisors LLC lifted its holdings in CommVault Systems by 188.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 271 shares of the software maker’s stock worth $47,000 after buying an additional 177 shares during the last quarter. 93.50% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Stephens lifted their price target on CommVault Systems from $135.00 to $155.00 and gave the stock an “overweight” rating in a report on Tuesday. KeyCorp lifted 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. Wall Street Zen downgraded CommVault Systems from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Mizuho lifted their price target on CommVault Systems from $130.00 to $140.00 and gave the stock an “outperform” rating in a report on Wednesday, June 10th. Finally, DA Davidson reaffirmed a “buy” rating and set a $125.00 price target on shares of CommVault Systems in a report on Monday, April 13th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, CommVault Systems currently has an average rating of “Moderate Buy” and a consensus price target of $136.33.

Insider Transactions at CommVault Systems

In other news, CFO Gary Merrill sold 4,554 shares of CommVault Systems stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $106.70, for a total transaction of $485,911.80. Following the sale, 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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 8,450 shares of the business’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $99.13, for a total value of $837,648.50. Following the completion of the transaction, the chief executive officer owned 306,927 shares in the company, valued at $30,425,673.51. This trade represents a 2.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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 90 days, insiders have sold 55,025 shares of company stock worth $5,748,457. Corporate insiders own 1.00% of the company’s stock.

Key Headlines Impacting CommVault Systems

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 reiterated an overweight rating, signaling confidence in upside from current levels. Benzinga report on Stephens price target increase
• Neutral Sentiment: Several law firms, including Rosen, Bragar Eagel & Squire, Pomerantz, Levi & Korsinsky, the Gross Law Firm, and others, issued investor reminders about the CVLT securities class action and lead-plaintiff deadline. PR Newswire article on class action filing
• Negative Sentiment: The class action alleges Commvault may have violated federal securities laws by making misleading disclosures during the April 29, 2025 to January 26, 2026 period, which could increase legal risk and keep pressure on the shares. Business Wire article on Levi & Korsinsky alert
• Negative Sentiment: Separately, Zacks noted that CVLT fell more than the broader market in the latest session, reinforcing the weaker tone around the stock. Zacks article on CVLT decline

CommVault Systems Stock Down 1.7%

CVLT opened at $125.21 on Wednesday. The business’s 50-day simple moving average is $104.17 and its 200-day simple moving average is $103.31. The company has a debt-to-equity ratio of 117.54, a quick ratio of 1.95 and a current ratio of 1.95. CommVault Systems, Inc. has a one year low of $71.75 and a one year high of $200.68. The stock has a market capitalization of $5.16 billion, a P/E ratio of 78.75 and a beta of 0.82.

CommVault Systems (NASDAQ:CVLT) last posted its earnings results on Tuesday, April 28th. The software maker reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.09 by $0.19. CommVault Systems had a return on equity of 51.64% and a net margin of 5.97%.The business had revenue of $311.69 million for the quarter, compared to analysts’ expectations of $306.71 million. During the same quarter in the previous year, the firm earned $1.03 earnings per share. The business’s revenue was up 13.3% compared to the same quarter last year. Analysts anticipate 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.