Recent Analysts’ Ratings Updates for Commvault Systems (CVLT)

Several analysts have recently updated their ratings and price targets for Commvault Systems (NASDAQ: CVLT):

• 1/30/2025 – Commvault Systems was upgraded by analysts at William Blair from a “market perform” rating to an “outperform” rating.
• 1/29/2025 – Commvault Systems had its price target raised by analysts at KeyCorp from $192.00 to $195.00. They now have an “overweight” rating on the stock.
• 1/29/2025 – Commvault Systems had its “neutral” rating reaffirmed by analysts at Guggenheim.
• 1/29/2025 – Commvault Systems had its price target raised by analysts at Cantor Fitzgerald from $159.00 to $173.00. They now have a “neutral” rating on the stock.
• 1/17/2025 – Commvault Systems is now covered by analysts at Cantor Fitzgerald. They set a “neutral” rating and a $159.00 price target on the stock.
• 1/16/2025 – Commvault Systems is now covered by analysts at KeyCorp. They set an “overweight” rating and a $192.00 price target on the stock.
• 1/16/2025 – Commvault Systems was downgraded by analysts at StockNews.com from a “strong-buy” rating to a “buy” rating.
• 1/15/2025 – Commvault Systems was upgraded by analysts at KeyCorp to a “strong-buy” rating.
• 1/8/2025 – Commvault Systems was downgraded by analysts at StockNews.com from a “strong-buy” rating to a “buy” rating.
• 12/31/2024 – Commvault Systems was upgraded by analysts at StockNews.com from a “buy” rating to a “strong-buy” rating.

Commvault Systems Stock Up 7.5 %

NASDAQ:CVLT traded up $11.08 during trading hours on Thursday, hitting $157.90. 812,030 shares of the stock traded hands, compared to its average volume of 504,649. Commvault Systems, Inc. has a 1 year low of $88.34 and a 1 year high of $178.72. The company has a market cap of $6.90 billion, a price-to-earnings ratio of 39.97 and a beta of 0.65. The stock has a 50 day moving average price of $163.11 and a 200 day moving average price of $153.93.

Commvault Systems (NASDAQ:CVLT) last released its quarterly earnings data on Tuesday, October 29th. The software maker reported $0.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.07. The firm had revenue of $233.28 million for the quarter, compared to analysts’ expectations of $220.76 million. Commvault Systems had a net margin of 19.75% and a return on equity of 31.62%. The company’s revenue for the quarter was up 16.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.30 earnings per share. Equities analysts forecast 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, Director Allison Pickens sold 1,232 shares of the business’s stock in a transaction on Friday, November 29th. The shares were sold at an average price of $172.50, for a total transaction of $212,520.00. Following the transaction, the director now owns 5,899 shares in the company, valued at $1,017,577.50. The trade was a 17.28 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Sanjay Mirchandani sold 10,775 shares of the business’s stock in a transaction on Monday, November 18th. The shares were sold at an average price of $165.30, for a total transaction of $1,781,107.50. Following the sale, the chief executive officer now directly owns 459,969 shares of the company’s stock, valued at $76,032,875.70. This represents a 2.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 13,530 shares of company stock worth $2,244,755. Insiders own 1.00% of the company’s stock.

Institutional Trading of Commvault Systems

A number of hedge funds have recently added to or reduced their stakes in CVLT. Capital Performance Advisors LLP purchased a new stake in shares of Commvault Systems during the third quarter valued at about $33,000. TFC Financial Management Inc. lifted its position in shares of Commvault Systems by 294.1% during the fourth quarter. TFC Financial Management Inc. now owns 402 shares of the software maker’s stock valued at $61,000 after buying an additional 300 shares during the last quarter. Point72 DIFC Ltd purchased a new stake in shares of Commvault Systems during the third quarter valued at about $71,000. Signaturefd LLC lifted its position in shares of Commvault Systems by 43.9% during the third quarter. Signaturefd LLC now owns 590 shares of the software maker’s stock valued at $91,000 after buying an additional 180 shares during the last quarter. Finally, TD Private Client Wealth LLC purchased a new stake in shares of Commvault Systems during the third quarter valued at about $105,000. 93.50% of the stock is owned by hedge funds and other institutional investors.

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.