CommVault Systems, Inc. (NASDAQ:CVLT) VP Brian Carolan sold 4,000 shares of the stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $61.90, for a total transaction of $247,600.00. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Brian Carolan also recently made the following trade(s):

  • On Monday, August 14th, Brian Carolan sold 9,174 shares of CommVault Systems stock. The stock was sold at an average price of $59.80, for a total transaction of $548,605.20.
  • On Tuesday, July 25th, Brian Carolan sold 8,000 shares of CommVault Systems stock. The stock was sold at an average price of $62.95, for a total transaction of $503,600.00.
  • On Monday, July 17th, Brian Carolan sold 4,000 shares of CommVault Systems stock. The stock was sold at an average price of $59.90, for a total transaction of $239,600.00.

CommVault Systems, Inc. (NASDAQ CVLT) traded up 0.24% on Wednesday, reaching $61.95. 160,727 shares of the company traded hands. CommVault Systems, Inc. has a 12 month low of $47.61 and a 12 month high of $64.60. The company has a market capitalization of $2.82 billion, a P/E ratio of 1086.84 and a beta of 1.40. The company has a 50-day moving average price of $60.33 and a 200-day moving average price of $56.74.

CommVault Systems (NASDAQ:CVLT) last posted its earnings results on Tuesday, July 25th. The software maker reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.02. The firm had revenue of $165.97 million during the quarter, compared to analyst estimates of $159.92 million. CommVault Systems had a net margin of 0.35% and a return on equity of 0.30%. CommVault Systems’s revenue was up 9.4% on a year-over-year basis. During the same period in the previous year, the business posted $0.21 EPS. Equities research analysts expect that CommVault Systems, Inc. will post $1.22 EPS for the current year.

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Several brokerages have recently weighed in on CVLT. Jefferies Group LLC increased their target price on shares of CommVault Systems from $67.00 to $75.00 and gave the stock a “buy” rating in a research note on Tuesday, July 25th. BidaskClub upgraded shares of CommVault Systems from a “hold” rating to a “buy” rating in a research note on Monday, July 24th. Stifel Nicolaus reiterated a “buy” rating and set a $75.00 target price (up previously from $68.00) on shares of CommVault Systems in a research note on Wednesday, July 26th. Mizuho reiterated a “buy” rating and set a $75.00 target price (up previously from $70.00) on shares of CommVault Systems in a research note on Monday, July 24th. Finally, Lake Street Capital increased their target price on shares of CommVault Systems from $63.00 to $69.00 and gave the stock a “buy” rating in a research note on Wednesday, July 26th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and eight have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $69.80.

A number of institutional investors have recently bought and sold shares of CVLT. BlackRock Inc. boosted its stake in CommVault Systems by 23,286.9% during the 1st quarter. BlackRock Inc. now owns 4,239,350 shares of the software maker’s stock valued at $215,359,000 after purchasing an additional 4,221,223 shares during the period. Credit Suisse AG boosted its stake in CommVault Systems by 989.6% during the 1st quarter. Credit Suisse AG now owns 648,563 shares of the software maker’s stock valued at $32,947,000 after purchasing an additional 589,040 shares during the period. Citadel Advisors LLC boosted its stake in CommVault Systems by 156.4% during the 1st quarter. Citadel Advisors LLC now owns 887,383 shares of the software maker’s stock valued at $45,079,000 after purchasing an additional 541,325 shares during the period. FMR LLC acquired a new position in CommVault Systems during the 2nd quarter valued at about $28,624,000. Finally, Champlain Investment Partners LLC boosted its stake in CommVault Systems by 58.4% during the 1st quarter. Champlain Investment Partners LLC now owns 1,162,085 shares of the software maker’s stock valued at $59,034,000 after purchasing an additional 428,585 shares during the period. 88.45% of the stock is owned by hedge funds and other institutional investors.

CommVault Systems Company Profile

Insider Buying and Selling by Quarter for CommVault Systems (NASDAQ:CVLT)

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