On Apr, 16 Commvault Systems, Inc. (CVLT) Reached 1-Year High at $69.30

April 16, 2018 - By Norman Soto

Commvault Systems, Inc. (NASDAQ:CVLT) Corporate Logo

During 2017 Q4 the big money sentiment decreased to 0.96. That’s change of 0.43, from 2017Q3’s 1.39. 34 investors sold all, 67 reduced holdings as Commvault Systems, Inc. ratio dropped. 71 grew positions while 26 funds amassed positions. Funds hold 39.23 million shares thus 2.89% less from 2017Q3’s 40.39 million shares.
Westpac Banking holds 0.11% or 89,300 shs. Stevens Lp owns 41,323 shs for 0.08% of their capital. First Midwest Bank & Trust Tru Division holds 0.05% of its capital in Commvault Systems, Inc. (NASDAQ:CVLT) for 8,237 shs. Millennium Mgmt Lc has invested 0.01% in Commvault Systems, Inc. (NASDAQ:CVLT). Goldman Sachs Gru Inc Inc owns 1.62 million shs. Price T Rowe Md reported 0% in Commvault Systems, Inc. (NASDAQ:CVLT). Riverhead Capital Mngmt Limited Liability Company owns 0.01% invested in Commvault Systems, Inc. (NASDAQ:CVLT) for 3,566 shs. Alpine Woods Invsts Limited Liability Com holds 5,100 shs. Amer Mngmt Inc has invested 0.38% in Commvault Systems, Inc. (NASDAQ:CVLT). Commercial Bank Of Montreal Can owns 172,114 shs. Sg Americas Securities Ltd Liability Company, a New York-based fund reported 10,552 shs. New York State Common Retirement Fund reported 53,876 shs. Panagora Asset Inc has 193,142 shs. Rhumbline Advisers accumulated 94,024 shs. Victory Capital Management stated it has 819,388 shs.

Commvault Systems, Inc. registered $24.58 million net activity with 0 buys and 11 insider sales since January 29, 2018. HAMMER N ROBERT also sold $9.51M worth of Commvault Systems, Inc. (NASDAQ:CVLT) on Friday, March 2. On Friday, March 2 BUNTE AL also sold $3.55 million worth of Commvault Systems, Inc. (NASDAQ:CVLT). On Tuesday, April 10 $371,413 worth of stock was sold by CAROLAN BRIAN. The insider WALKER DAVID F sold 5,500 shs worth $305,140. On Friday, February 16 7,500 shs were sold by GEDAY ARMANDO, worth $394,425. Shares for $401,250 were sold by SMITH GARY B.

Today 52 week high was broke into by Commvault Systems, Inc. (NASDAQ:CVLT) with $72.77 PT or 5.00 % above today’s $69.30 share price. It was reported on Apr, 16 by Barchart.com. Commvault Systems, Inc. (NASDAQ:CVLT) has $3.12 billion market cap. $155.75M more could be NASDAQ:CVLT valuation at $72.77 share price.

Its shares touched $69.3 on during the last trading session after 1.09% change.Commvault Systems, Inc. has volume of 26,407 shares. Since April 16, 2017 CVLT has risen 15.52% and is uptrending. The stock outperformed the S&P 500 by 3.97%.

Analysts await Commvault Systems, Inc. (NASDAQ:CVLT) to report earnings on May, 2. They expect $0.07 earnings per share, down 12.50 % or $0.01 from last year’s $0.08 per share. CVLT’s profit will be $3.15M for 247.50 P/E if the $0.07 EPS becomes a reality. After $0.04 actual earnings per share reported by Commvault Systems, Inc. for the previous quarter, Wall Street now forecasts 75.00 % EPS growth.

Commvault Systems, Inc. (NASDAQ:CVLT) Ratings Coverage

In total 7 analysts cover CommVault Systems (NASDAQ:CVLT). “Buy” rating has 4, “Sell” are 0, while 3 are “Hold”. 57% are bullish. 8 are the (NASDAQ:CVLT)’s analyst reports since October 24, 2017 according to StockzIntelligence Inc. On Tuesday, October 24 the firm earned “Hold” rating by MUFG Securities Americas Inc. In Tuesday, October 24 report RBC Capital Markets maintained the stock with “Hold” rating. In Tuesday, October 24 report KeyBanc Capital Markets maintained it with “Buy” rating and $62.0 target. The company rating was downgraded by Mitsubishi UFJ on Wednesday, October 25. In Tuesday, April 3 report Wells Fargo maintained the stock with “Buy” rating. In Tuesday, November 14 report Wells Fargo initiated the stock with “Buy” rating. In Sunday, April 8 report Mizuho maintained it with “Buy” rating and $7500 target.

Commvault Systems, Inc. provides data and information management software applications and related services in the United States and internationally.The firm is valued at $3.12 billion. The company's software suite contains solutions that are built on a single unified code base and platform to protect, manage, and access data and information.Last it reported negative earnings. It offers data protection, backup, and recovery software solutions that allow for the backup of databases, files, applications, endpoints, and virtual machines with according to data type and recovery profile; and help to optimize storage with deduplication, recover data, and leverage reports to improve backup and recovery processes.

Commvault Systems, Inc. (NASDAQ:CVLT) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.