Commault Systems (CVLT)

• Market cap: $6.94B
• 1 day: 0.31%
• 5 days: -5.93%
• 1 month: -7.15%
• 3 months: 4.33%
• 6 months: 34.43%
• Year to date: 106.22%
• 1 year: 101.26%
• 5 years: 253.83%
• 10 years: 202.80%
• Sector: Information Technology
• Industry: Prepackaged Software

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

229% more first-time investments, than exits

New positions opened: 92 | Existing positions closed: 28

19% more funds holding

Funds holding: 339 [Q2] → 403 (+64) [Q3]

19% more capital invested

Capital invested by funds: $5.23B [Q2] → $6.21B (+$986M) [Q3]

6.44% less ownership

Funds ownership: 99.22% [Q2] → 92.78% (-6.44%) [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

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $182 15% upside
• Avg. target: $191 20% upside
• High target: $200 26% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

Oppenheimer Param Singh 33% 1-year accuracy 1 / 3 met price target	26% upside $200	Outperform Initiated	13 Nov 2024
RBC Capital Dan Bergstrom 43% 1-year accuracy 3 / 7 met price target	15% upside $182	Sector Perform Maintained	30 Oct 2024