Commault SystemsCVLT
About: CommVault Systems Inc provides data and information management software applications and services. The firm sells software licenses and services to large global enterprises, small- and midsize businesses, and government agencies through both its salesforce and its network of reseller partners. Its software solutions include Commvault Complete Backup and Recovery, HyperScale, Hedvig, and Metallic. The company operates in the United States and exports to many other countries.
Employees: 2,882
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
300% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 8 (+6) [Q2]
297% more call options, than puts
Call options by funds: $29.1M | Put options by funds: $7.33M
176% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 29
18% more funds holding
Funds holding: 288 [Q1] → 339 (+51) [Q2]
17% more capital invested
Capital invested by funds: $4.33B [Q1] → $5.05B (+$716M) [Q2]
4% less repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 118
2.11% less ownership
Funds ownership: 97.86% [Q1] → 95.75% (-2.11%) [Q2]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
DA Davidson Rudy Kessinger 64% 1-year accuracy 16 / 25 met price target | 24%upside $175 | Buy Maintained | 6 Sept 2024 |
Keybanc Thomas Blakey 60% 1-year accuracy 24 / 40 met price target | 21%upside $170 | Overweight Maintained | 31 Jul 2024 |
RBC Capital Dan Bergstrom 14% 1-year accuracy 1 / 7 met price target | 8%upside $152 | Sector Perform Maintained | 31 Jul 2024 |
Financial journalist opinion
Based on 17 articles about CVLT published over the past 30 days