Commvault Systems' stock gains interest as earnings beat estimates, despite mixed institutional investor activity.

Commvault Systems, a software company, saw its shares gain interest from institutional investors like Maverick Capital and AQR Capital Management, which increased their holdings. Despite some insider sales, the company reported strong earnings, beating estimates with a 16.1% revenue increase year-over-year. Analysts gave CVLT a "Moderate Buy" rating with a target price of $151.25, reflecting positive outlooks despite fluctuating institutional ownership.

November 30, 2024
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