19 hours Ago By ABMN Staff
Charles Schwab Investment Management Inc. cut its holdings in shares of Commvault Systems, Inc. ( NASDAQ:CVLT – Free Report ) by 1.
8% during the 4th quarter, Holdings Channel.com reports. The firm owned 576,466 shares of the software maker’s stock after selling 10,329 shares during the quarter.
Charles Schwab Investment Management Inc.’s holdings in Commvault Systems were worth $86,994,000 as of its most recent SEC filing. Other hedge funds and other institutional investors also recently bought and sold shares of the company.
Summit Partners Public Asset Management LLC acquired a new position in shares of Commvault Systems in the 3rd quarter worth approximately $67,722,000. Point72 Hong Kong Ltd grew its position in shares of Commvault Systems by 37.9% in the 3rd quarter.
Point72 Hong Kong Ltd now owns 23,421 shares of the software maker’s stock worth $3,603,000 after acquiring an additional 6,433 shares in the last quarter. Intech Investment Management LLC grew its position in shares of Commvault Systems by 31.8% in the 3rd quarter.
Intech Investment Management LLC now owns 24,074 shares of the software maker’s stock worth $3,704,000 after acquiring an additional 5,805 shares in the last quarter. Centiva Capital LP grew its position in shares of Commvault Systems by 193.2% in the 3rd quarter.
Centiva Capital LP now owns 8,567 shares of the software maker’s stock worth $1,318,000 after acquiring an additional 5,645 shares in the last quarter. Finally, Citigroup Inc. grew its position in shares of Commvault Systems by 146.
0% in the 3rd quarter. Citigroup Inc. now owns 47,867 shares of the software maker’s stock worth $7,364,000 after acquiring an additional 28,408 shares in the last quarter.
93.50% of the stock is currently owned by hedge funds and other institutional investors. Commvault Systems Price Performance Shares of Commvault Systems stock opened at $148.
48 on Tuesday. The business’s fifty day moving average price is $165.22 and its two-hundred day moving average price is $160.
50. The company has a market capitalization of $6.53 billion, a P/E ratio of 38.
97 and a beta of 0.62. Commvault Systems, Inc.
has a 1-year low of $93.48 and a 1-year high of $190.11.
Wall Street Analysts Forecast Growth Read Our Latest Stock Analysis on Commvault Systems Insider Transactions at Commvault Systems In other news, CEO Sanjay Mirchandani sold 12,318 shares of the company’s stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $185.96, for a total value of $2,290,655.
28. Following the completion of the sale, the chief executive officer now owns 427,231 shares in the company, valued at $79,447,876.76.
This represents a 2.80 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link .
Also, insider Gary Merrill sold 3,287 shares of the company’s stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $186.94, for a total value of $614,471.
78. Following the completion of the sale, the insider now owns 87,316 shares of the company’s stock, valued at approximately $16,322,853.04.
This trade represents a 3.63 % decrease in their position. The disclosure for this sale can be found here .
Company insiders own 1.00% of the company’s stock. Commvault Systems Profile ( Free Report ) Commvault Systems, Inc provides data protection platform that helps customers to secure, defend, and recover their data in the United States and internationally.
The company offers Commvault Backup and Recovery, a backup and recovery solution; Commvault Disaster Recovery, a replication and disaster recovery solution; Commvault Complete Data Protection, a data protection solution; and Metallic Data Protection as-a-service, which delivers enterprise-grade data protection as a service on a cloud platform, with advanced built-in security controls. See Also Want to see what other hedge funds are holding CVLT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Commvault Systems, Inc.
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