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 Q3 regulatory filings by fund managers ($100M+ AUM)
383% more call options, than puts
Call options by funds: $45.4M | Put options by funds: $9.39M
300% more first-time investments, than exits
New positions opened: 92 | Existing positions closed: 23
19% more funds holding
Funds holding: 339 [Q2] → 403 (+64) [Q3]
19% more capital invested
Capital invested by funds: $5.26B [Q2] → $6.26B (+$993M) [Q3]
6.48% less ownership
Funds ownership: 99.87% [Q2] → 93.39% (-6.48%) [Q3]
22% less repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 152
38% less funds holding in top 10
Funds holding in top 10: 8 [Q2] → 5 (-3) [Q3]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Keybanc Eric Heath 58% 1-year accuracy 18 / 31 met price target | 17%upside $192 | Overweight Initiated | 16 Jan 2025 |
Cantor Fitzgerald Thomas Blakey 78% 1-year accuracy 25 / 32 met price target | 3%downside $159 | Neutral Initiated | 16 Jan 2025 |
Oppenheimer Param Singh 33% 1-year accuracy 1 / 3 met price target | 22%upside $200 | Outperform Initiated | 13 Nov 2024 |
RBC Capital Dan Bergstrom 25% 1-year accuracy 2 / 8 met price target | 11%upside $182 | Sector Perform Maintained | 30 Oct 2024 |
Financial journalist opinion
Based on 8 articles about CVLT published over the past 30 days
