Core Viewpoint - CommVault Systems, Inc. has received a consensus recommendation of "Moderate Buy" from fourteen brokerages, with an average twelve-month price objective of $143.58 [2] Analyst Ratings - Guggenheim reduced its price target from $200.00 to $175.00 while maintaining a "buy" rating [3] - DA Davidson lowered its price target from $185.00 to $135.00 and also set a "buy" rating [3] - Wells Fargo cut its price target from $190.00 to $155.00, maintaining an "overweight" rating [3] - Royal Bank of Canada decreased its price target from $167.00 to $100.00, setting a "sector perform" rating [3] - Stephens lowered its price objective from $162.00 to $135.00 while keeping an "overweight" rating [3] Stock Performance - CommVault Systems shares opened at $85.70, with a one-year low of $84.44 and a high of $200.68 [4] - The company has a market capitalization of $3.77 billion, a PE ratio of 44.18, and a beta of 0.57 [4] - The firm has a debt-to-equity ratio of 4.06, a current ratio of 2.34, and a quick ratio of 2.53 [4] Financial Performance - For the last quarter, CommVault reported an EPS of $1.17, exceeding the consensus estimate of $0.98 by $0.19 [5] - The company achieved revenue of $313.83 million, surpassing the consensus estimate of $299.07 million, with a year-over-year revenue increase of 19.5% [5] - Analysts project an EPS of 1.65 for the current fiscal year [5] Insider Transactions - CFO Jennifer Leigh Dirico sold 830 shares at an average price of $123.58, totaling $102,571.40, reducing her position by 1.84% [6] - Insider Gary Merrill sold 1,845 shares at an average price of $122.40, totaling $225,828.00, representing a 2.67% decrease in his position [6] - Insiders have sold a total of 33,111 shares worth $4,058,851 in the last three months, with insiders owning 1.00% of the company's stock [6] Institutional Investment - Tudor Investment Corp ET AL acquired a new position valued at $1.89 billion in the 3rd quarter [7] - First Trust Advisors LP increased its stake by 1,335.8%, now owning 1,224,856 shares worth $231.23 million [7] - M&T Bank Corp boosted its position by 22,133.9%, owning 610,098 shares valued at $76.48 million [7] - Westfield Capital Management Co. LP increased its holdings by 135.6%, now owning 786,175 shares worth $148.41 million [8] - AQR Capital Management LLC raised its stake by 60.8%, owning 893,385 shares valued at $155.74 million [8] - 93.50% of the stock is owned by hedge funds and institutional investors [8] Company Overview - CommVault Systems, Inc. is a global provider of data protection and information management software, helping organizations manage, protect, and activate data across on-premises and cloud environments [9] - The company offers integrated products and services for data backup, recovery, archiving, and analysis, including Commvault Complete Data Protection and the SaaS-based Metallic portfolio [9][10]

Abrahamson said results were strong across geographies and customer sizes, with particular strength in large enterprise. She noted growth in term software transactions over $100,000 and an increase year over year in both the volume and dollar value of $1 million software deals. The company ended the quarter with more than 14,000 subscription customers and a SaaS customer base exceeding 9,000 customers.Chief Accounting Officer Danielle Abrahamson reported that total revenue rose 19% year over year to $314 mi ...