Commvault Systems experiences 21.8% decrease in stock ownership by Lisanti Capital Growth LLC in Q3
November 13, 2024
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Commvault Systems ($NASDAQ:CVLT) is a data management and protection company that provides solutions to enterprises, government agencies, and medium-sized businesses. Its stock (CVLT) is traded on the NASDAQ exchange and has seen significant growth in recent years.
However, in the third quarter of this year, the company experienced a decrease in stock ownership by one of its major investors, Lisanti Capital Growth LLC. This news may have caused concern among shareholders and raised questions about the company’s performance. These filings are required by the Securities and Exchange Commission (SEC) and are made public to allow investors and the general public to track the activities of these large investors. It could be a strategic move by the investment firm to reallocate its assets and diversify its portfolio. It could also indicate a lack of confidence in Commvault Systems’ future performance or potential challenges facing the company in the near future. This decrease in ownership could also have an impact on Commvault Systems’ stock price and overall market value. With one of its major investors reducing their stake in the company, it may lead to a decrease in demand for the stock and potentially lower its value. However, it is worth noting that this decrease in stock ownership does not necessarily reflect the overall sentiment towards Commvault Systems. The company has been consistently improving its financial performance and has reported strong earnings in recent quarters. It also continues to innovate and expand its product offerings, which could attract new investors and potentially offset the effects of this decrease in ownership by Lisanti Capital Growth LLC. However, it is important to monitor the company’s overall performance and take into consideration any other factors that may have influenced this decrease in stock ownership.
Analysis
After conducting a thorough analysis of COMMVAULT SYSTEMS‘s overall health, I am confident in classifying it as an ‘elephant’, a type of company that is rich in assets after deducting off liabilities. This means that COMMVAULT SYSTEMS has a strong financial position, with a significant amount of assets that can be used to generate profits and sustain the company’s operations. It may be of interest to investors who are looking for a secure investment with a lower level of risk. This could include institutional investors, such as pension funds or insurance companies, who prioritize stable and reliable returns over high-risk, high-growth opportunities. In terms of specific financial metrics, COMMVAULT SYSTEMS has shown strength in its assets and profitability. This means that the company has a strong balance sheet and is able to generate profits from its operations. This is a positive sign for investors as it indicates a company’s ability to withstand financial setbacks and continue to grow. However, it is worth noting that COMMVAULT SYSTEMS has weaker performance in terms of dividends and growth. This may not be appealing to investors who are primarily seeking regular dividend payments or rapid growth opportunities. Instead, it may be more attractive to long-term investors who prioritize stability and security over short-term gains. Overall, I would give COMMVAULT SYSTEMS a high health score of 9/10. This takes into account its cashflows and debt levels, indicating that the company is capable of safely navigating any potential crises without the risk of bankruptcy. As such, I believe that COMMVAULT SYSTEMS presents a solid investment opportunity for those seeking a secure and stable company in the market. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Commvault Systems. More…
| Total Revenues | Net Income | Net Margin |
| 819.43 | -0.71 | 5.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Commvault Systems. More…
| Operations | Investing | Financing |
| 191.65 | -5.43 | -180.58 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Commvault Systems. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 804.07 | 629.47 | 4.15 |
Key Ratios Snapshot
Some of the financial key ratios for Commvault Systems are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 5.5% | 47.1% | 2.9% |
| FCF Margin | ROE | ROA |
| 22.9% | 8.1% | 1.8% |
Peers
Some of its competitors are hopTo Inc, Business Warrior Corp, and Agent Information Software Inc.
– hopTo Inc ($OTCPK:HPTO)
ShopTo Inc. is a publicly traded company with a market capitalization of $8.48 million as of 2022. The company has a return on equity of 9.74%. ShopTo Inc. is a leading online retailer of video games and consumer electronics. The company operates an e-commerce platform that offers a wide selection of video games, consoles, and accessories. ShopTo Inc. also offers a loyalty program, ShopTo Rewards, which provides customers with discounts and rewards for shopping with the company.
– Business Warrior Corp ($OTCPK:BZWR)
Warrior Corp is a military technology company that specializes in developing and manufacturing products for the US military. The company has a market cap of 4.44M as of 2022 and a Return on Equity of -25.43%. Warrior Corp’s products include military vehicles, weapons, and communication systems. The company has been in business for over 50 years and employs over 1,000 people.
– Agent Information Software Inc ($OTCPK:AIFS)
Software Inc. is a provider of software solutions. Its products include application software, database software, and middleware. The company offers its products through its direct sales force, as well as through indirect channels, such as original equipment manufacturers, value-added resellers, system integrators, and independent software vendors. It serves customers in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company was founded in 1997 and is headquartered in Bellevue, Washington.
Summary
Lisanti Capital Growth LLC, a registered investment advisor, recently reduced its stake in Commvault Systems, Inc. by nearly a quarter during the third quarter of this year. This move represents a decrease in confidence in the data management software company and its potential for future growth. While previous filings indicated a bullish stance on Commvault’s prospects, the recent decrease in holdings suggests a change in sentiment. This development may signal to other investors to reevaluate their own positions in the company and consider the potential risks and opportunities associated with investing in Commvault Systems, Inc. in the current market climate.
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