CommVault Systems, Inc. $CVLT Shares Acquired by Boston Trust Walden Corp

Boston Trust Walden Corp increased its holdings in CommVault Systems, Inc. (NASDAQ:CVLTFree Report) by 9.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 270,027 shares of the software maker’s stock after buying an additional 24,094 shares during the quarter. Boston Trust Walden Corp’s holdings in CommVault Systems were worth $21,032,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Intech Investment Management LLC grew its holdings in CommVault Systems by 52.4% during the fourth quarter. Intech Investment Management LLC now owns 86,634 shares of the software maker’s stock worth $10,860,000 after acquiring an additional 29,796 shares during the period. Epoch Investment Partners Inc. acquired a new position in CommVault Systems in the fourth quarter valued at approximately $27,278,000. Victory Capital Management Inc. lifted its holdings in CommVault Systems by 19.4% in the third quarter. Victory Capital Management Inc. now owns 118,284 shares of the software maker’s stock valued at $22,330,000 after acquiring an additional 19,218 shares during the period. BNP Paribas Financial Markets boosted its position in CommVault Systems by 410.8% in the 4th quarter. BNP Paribas Financial Markets now owns 320,468 shares of the software maker’s stock worth $40,174,000 after purchasing an additional 257,729 shares in the last quarter. Finally, Fort Washington Investment Advisors Inc. OH grew its stake in shares of CommVault Systems by 27.4% during the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 166,236 shares of the software maker’s stock worth $20,839,000 after purchasing an additional 35,719 shares during the period. 93.50% of the stock is owned by hedge funds and other institutional investors.

More CommVault Systems News

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

  • Positive Sentiment: Wall Street sentiment appears upbeat, with a Zacks article highlighting bullish analyst views on Commvault Systems (CVLT), which could help support the stock. Article Title
  • Positive Sentiment: A Seeking Alpha piece argued that Commvault’s SaaS transition, recurring revenue growth, and strong free cash flow could justify a higher valuation over time. Article Title
  • Neutral Sentiment: Several law firms issued reminders and deadline notices tied to the existing CVLT securities class action, keeping the lawsuit in investors’ focus but not adding new allegations. Article Title
  • Neutral Sentiment: Additional class-action updates say investors have until July 17 to seek lead-plaintiff status, reinforcing legal overhang but largely repeating prior notices. Article Title
  • Negative Sentiment: New filings and attorney outreach from multiple firms expanded the securities-fraud case against Commvault, which can keep pressure on CVLT shares. Article Title
  • Negative Sentiment: Investor alerts highlighted claims that Commvault’s stock fell sharply after disappointing results and that executives later sold stock, reinforcing concerns about governance and growth expectations. Article Title

CommVault Systems Stock Performance

NASDAQ:CVLT opened at $149.98 on Friday. The company has a debt-to-equity ratio of 117.54, a current ratio of 1.95 and a quick ratio of 1.95. The firm has a market capitalization of $6.21 billion, a price-to-earnings ratio of 94.33 and a beta of 0.79. The company’s 50-day moving average is $116.61 and its two-hundred day moving average is $104.73. CommVault Systems, Inc. has a 1-year low of $71.75 and a 1-year high of $200.68.

CommVault Systems (NASDAQ:CVLTGet Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The software maker reported $1.28 EPS for the quarter, topping 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 firm had revenue of $311.69 million for the quarter, compared to analyst estimates of $306.71 million. During the same period in the prior year, the business posted $1.03 EPS. The business’s revenue for the quarter was up 13.3% compared to the same quarter last year. Analysts forecast that CommVault Systems, Inc. will post 2.86 EPS for the current year.

Insider Transactions at CommVault Systems

In related news, CAO Danielle Nicole Abrahamsen sold 1,065 shares of the stock in a transaction dated Tuesday, May 19th. The stock was 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 approximately $1,437,413.04. This represents a 7.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible 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, CEO Sanjay Mirchandani sold 19,396 shares of the firm’s stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $105.49, for a total value of $2,046,084.04. Following the transaction, the chief executive officer owned 315,377 shares of the company’s stock, valued at $33,269,119.73. This trade represents a 5.79% 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. Insiders sold a total of 55,025 shares of company stock worth $5,748,457 over the last ninety days. Company insiders own 0.86% of the company’s stock.

Analyst Upgrades and Downgrades

CVLT has been the subject of several analyst reports. Robert W. Baird decreased their target price on shares of CommVault Systems from $185.00 to $160.00 and set an “outperform” rating for the company in a research note on Monday, April 13th. Weiss Ratings upgraded shares of CommVault Systems from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, June 16th. Zacks Research lowered shares of CommVault Systems from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 1st. Loop Capital initiated coverage on CommVault Systems in a research report on Tuesday, March 24th. They set a “buy” rating and a $125.00 target price on the stock. Finally, Wall Street Zen lowered CommVault Systems from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. One investment 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 stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $136.33.

Check Out Our Latest Report on CommVault Systems

CommVault Systems Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for CommVault Systems (NASDAQ:CVLT)

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