Equities Analysts Offer Predictions for Commvault Systems, Inc.’s FY2025 Earnings (NASDAQ:CVLT)

Commvault Systems, Inc. (NASDAQ:CVLT) – Analysts at DA Davidson increased their FY2025 earnings estimates for shares of Commvault Systems in a research report issued on Wednesday, May 1st. DA Davidson analyst R. Kessinger now expects that the software maker will earn $1.56 per share for the year, up from their previous estimate of $1.31. DA Davidson has a “Buy” rating and a $125.00 price target on the stock. The consensus estimate for Commvault Systems’ current full-year earnings is $1.49 per share. DA Davidson also issued estimates for Commvault Systems’ FY2026 earnings at $1.71 EPS.

Other equities analysts have also issued reports about the stock. Royal Bank of Canada boosted their price objective on shares of Commvault Systems from $97.00 to $112.00 and gave the stock a “sector perform” rating in a report on Wednesday. Lake Street Capital lifted their target price on Commvault Systems from $86.00 to $98.00 and gave the stock a “hold” rating in a report on Wednesday. Finally, KeyCorp upped their price target on Commvault Systems from $109.00 to $122.00 and gave the company an “overweight” rating in a report on Wednesday. Two research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $114.25.

Commvault Systems Stock Performance

Shares of NASDAQ CVLT opened at $107.43 on Friday. The firm’s 50 day moving average price is $98.47 and its 200-day moving average price is $85.11. Commvault Systems has a 52-week low of $60.43 and a 52-week high of $109.25. The company has a market cap of $4.69 billion, a PE ratio of 28.57 and a beta of 0.64.

Insider Buying and Selling

In other news, Director Allison Pickens sold 990 shares of the firm’s stock in a transaction on Monday, February 26th. The stock was sold at an average price of $94.73, for a total value of $93,782.70. Following the transaction, the director now directly owns 7,206 shares in the company, valued at approximately $682,624.38. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. In related news, CEO Sanjay Mirchandani sold 21,494 shares of the business’s stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $97.82, for a total transaction of $2,102,543.08. Following the completion of the sale, the chief executive officer now directly owns 399,356 shares in the company, valued at $39,065,003.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Allison Pickens sold 990 shares of the company’s stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $94.73, for a total transaction of $93,782.70. Following the sale, the director now directly owns 7,206 shares of the company’s stock, valued at $682,624.38. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 23,306 shares of company stock worth $2,276,265. 1.00% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. raised its holdings in Commvault Systems by 2.7% in the 3rd quarter. Vanguard Group Inc. now owns 5,426,814 shares of the software maker’s stock worth $366,907,000 after purchasing an additional 144,625 shares during the period. Lazard Asset Management LLC raised its stake in shares of Commvault Systems by 27.6% in the third quarter. Lazard Asset Management LLC now owns 70,516 shares of the software maker’s stock worth $4,766,000 after buying an additional 15,249 shares during the period. Tudor Investment Corp Et Al purchased a new position in shares of Commvault Systems during the 3rd quarter valued at about $2,611,000. Qube Research & Technologies Ltd bought a new position in shares of Commvault Systems during the 3rd quarter valued at approximately $2,974,000. Finally, Quantedge Capital Pte Ltd increased its holdings in Commvault Systems by 791.7% in the 3rd quarter. Quantedge Capital Pte Ltd now owns 53,500 shares of the software maker’s stock worth $3,617,000 after acquiring an additional 47,500 shares in the last quarter. Hedge funds and other institutional investors own 93.50% of the company’s stock.

About Commvault Systems

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.