CommVault Systems, Inc. (CVLT) Stake Decreased by AHL Partners LLP

AHL Partners LLP reduced its position in CommVault Systems, Inc. (NASDAQ:CVLT) by 8.6% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 52,618 shares of the software maker’s stock after selling 4,947 shares during the period. AHL Partners LLP owned 0.12% of CommVault Systems worth $2,971,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in CVLT. Great West Life Assurance Co. Can boosted its holdings in shares of CommVault Systems by 3.1% in the 1st quarter. Great West Life Assurance Co. Can now owns 24,814 shares of the software maker’s stock valued at $1,258,000 after buying an additional 739 shares in the last quarter. UBS Asset Management Americas Inc. boosted its holdings in shares of CommVault Systems by 61.5% in the 1st quarter. UBS Asset Management Americas Inc. now owns 23,871 shares of the software maker’s stock valued at $1,213,000 after buying an additional 9,089 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of CommVault Systems by 7.1% in the 1st quarter. JPMorgan Chase & Co. now owns 278,371 shares of the software maker’s stock valued at $14,141,000 after buying an additional 18,444 shares in the last quarter. Prudential Financial Inc. boosted its holdings in shares of CommVault Systems by 26.8% in the 1st quarter. Prudential Financial Inc. now owns 113,847 shares of the software maker’s stock valued at $5,784,000 after buying an additional 24,040 shares in the last quarter. Finally, Arizona State Retirement System boosted its holdings in shares of CommVault Systems by 7.0% in the 1st quarter. Arizona State Retirement System now owns 17,400 shares of the software maker’s stock valued at $884,000 after buying an additional 1,144 shares in the last quarter. Institutional investors and hedge funds own 88.45% of the company’s stock.

CommVault Systems, Inc. (NASDAQ:CVLT) opened at 62.40 on Wednesday. CommVault Systems, Inc. has a 12 month low of $47.61 and a 12 month high of $64.60. The stock has a market capitalization of $2.84 billion, a price-to-earnings ratio of 1094.74 and a beta of 1.40. The company has a 50 day moving average of $60.88 and a 200 day moving average of $57.21.

CommVault Systems (NASDAQ:CVLT) last announced its quarterly earnings results on Tuesday, July 25th. The software maker reported $0.21 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.19 by $0.02. The firm had revenue of $165.97 million during the quarter, compared to the consensus estimate of $159.92 million. CommVault Systems had a return on equity of 0.30% and a net margin of 0.35%. The firm’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.21 earnings per share. On average, equities analysts predict that CommVault Systems, Inc. will post $1.22 EPS for the current year.

In related news, insider Gary Merrill sold 3,072 shares of the company’s stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of $59.01, for a total value of $181,278.72. Following the completion of the transaction, the insider now directly owns 23,878 shares of the company’s stock, valued at $1,409,040.78. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Brian Carolan sold 4,000 shares of the company’s stock in a transaction that occurred on Monday, July 17th. The shares were sold at an average price of $59.90, for a total value of $239,600.00. Following the completion of the transaction, the vice president now directly owns 79,793 shares of the company’s stock, valued at $4,779,600.70. The disclosure for this sale can be found here. Insiders sold 58,247 shares of company stock valued at $3,521,044 over the last ninety days. 13.40% of the stock is currently owned by corporate insiders.

ILLEGAL ACTIVITY NOTICE: “CommVault Systems, Inc. (CVLT) Stake Decreased by AHL Partners LLP” was first reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this piece of content on another site, it was illegally stolen and reposted in violation of United States & international trademark & copyright legislation. The original version of this piece of content can be read at https://ledgergazette.com/2017/10/11/commvault-systems-inc-cvlt-stake-decreased-by-ahl-partners-llp.html.

A number of research firms have recently weighed in on CVLT. Royal Bank Of Canada restated a “hold” rating on shares of CommVault Systems in a report on Monday. KeyCorp restated a “buy” rating and issued a $70.00 price target on shares of CommVault Systems in a report on Friday, September 1st. Piper Jaffray Compani

Several other large investors have also recently added to or reduced their stakes in CVLT. Great West Life Assurance Co. Can boosted its holdings in shares of CommVault Systems by 3.1% in the 1st quarter. Great West Life Assurance Co. Can now owns 24,814 shares of the software maker’s stock valued at $1,258,000 after buying an additional 739 shares in the last quarter. UBS Asset Management Americas Inc. boosted its holdings in shares of CommVault Systems by 61.5% in the 1st quarter. UBS Asset Management Americas Inc. now owns 23,871 shares of the software maker’s stock valued at $1,213,000 after buying an additional 9,089 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of CommVault Systems by 7.1% in the 1st quarter. JPMorgan Chase & Co. now owns 278,371 shares of the software maker’s stock valued at $14,141,000 after buying an additional 18,444 shares in the last quarter. Prudential Financial Inc. boosted its holdings in shares of CommVault Systems by 26.8% in the 1st quarter. Prudential Financial Inc. now owns 113,847 shares of the software maker’s stock valued at $5,784,000 after buying an additional 24,040 shares in the last quarter. Finally, Arizona State Retirement System boosted its holdings in shares of CommVault Systems by 7.0% in the 1st quarter. Arizona State Retirement System now owns 17,400 shares of the software maker’s stock valued at $884,000 after buying an additional 1,144 shares in the last quarter. Institutional investors and hedge funds own 88.45% of the company’s stock.

CommVault Systems, Inc. (NASDAQ:CVLT) opened at 62.40 on Wednesday. CommVault Systems, Inc. has a 12 month low of $47.61 and a 12 month high of $64.60. The stock has a market capitalization of $2.84 billion, a price-to-earnings ratio of 1094.74 and a beta of 1.40. The company has a 50 day moving average of $60.88 and a 200 day moving average of $57.21.

CommVault Systems (NASDAQ:CVLT) last announced its quarterly earnings results on Tuesday, July 25th. The software maker reported $0.21 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.19 by $0.02. The firm had revenue of $165.97 million during the quarter, compared to the consensus estimate of $159.92 million. CommVault Systems had a return on equity of 0.30% and a net margin of 0.35%. The firm’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.21 earnings per share. On average, equities analysts predict that CommVault Systems, Inc. will post $1.22 EPS for the current year.

In related news, insider Gary Merrill sold 3,072 shares of the company’s stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of $59.01, for a total value of $181,278.72. Following the completion of the transaction, the insider now directly owns 23,878 shares of the company’s stock, valued at $1,409,040.78. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Brian Carolan sold 4,000 shares of the company’s stock in a transaction that occurred on Monday, July 17th. The shares were sold at an average price of $59.90, for a total value of $239,600.00. Following the completion of the transaction, the vice president now directly owns 79,793 shares of the company’s stock, valued at $4,779,600.70. The disclosure for this sale can be found here. Insiders sold 58,247 shares of company stock valued at $3,521,044 over the last ninety days. 13.40% of the stock is currently owned by corporate insiders.

ILLEGAL ACTIVITY NOTICE: “CommVault Systems, Inc. (CVLT) Stake Decreased by AHL Partners LLP” was first reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this piece of content on another site, it was illegally stolen and reposted in violation of United States & international trademark & copyright legislation. The original version of this piece of content can be read at https://ledgergazette.com/2017/10/11/commvault-systems-inc-cvlt-stake-decreased-by-ahl-partners-llp.html.

A number of research firms have recently weighed in on CVLT. Royal Bank Of Canada restated a “hold” rating on shares of CommVault Systems in a report on Monday. KeyCorp restated a “buy” rating and issued a $70.00 price target on shares of CommVault Systems in a report on Friday, September 1st. Piper Jaffray Companies restated a “buy” rating and issued a $74.00 price target on shares of CommVault Systems in a report on Friday, September 1st. BidaskClub upgraded shares of CommVault Systems from a “sell” rating to a “hold” rating in a report on Friday, August 25th. Finally, Mitsubishi UFJ Financial Group set a $70.00 price target on shares of CommVault Systems and gave the company a “buy” rating in a report on Tuesday, July 25th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and eight have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $70.67.

About CommVault Systems

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Institutional Ownership by Quarter for CommVault Systems (NASDAQ:CVLT)

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