Sanjay Mirchandani Sells 19,396 Shares of CommVault Systems (NASDAQ:CVLT) Stock

CommVault Systems, Inc. (NASDAQ:CVLT) CEO Sanjay Mirchandani sold 19,396 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $105.49, for a total transaction of $2,046,084.04. Following the completion of the sale, the chief executive officer directly owned 315,377 shares in the company, valued at $33,269,119.73. This trade represents a 5.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Sanjay Mirchandani also recently made the following trade(s):

• On Wednesday, May 20th, Sanjay Mirchandani sold 8,450 shares of CommVault Systems stock. The shares were sold at an average price of $99.13, for a total transaction of $837,648.50.
• On Monday, May 18th, Sanjay Mirchandani sold 8,457 shares of CommVault Systems stock. The shares were sold at an average price of $104.54, for a total transaction of $884,094.78.
• On Tuesday, March 17th, Sanjay Mirchandani sold 10,052 shares of CommVault Systems stock. The shares were sold at an average price of $80.09, for a total transaction of $805,064.68.
• On Monday, March 16th, Sanjay Mirchandani sold 10,338 shares of CommVault Systems stock. The shares were sold at an average price of $78.96, for a total transaction of $816,288.48.

CommVault Systems Price Performance

CommVault Systems stock opened at $107.25 on Friday. The company’s 50 day simple moving average is $90.43 and its 200-day simple moving average is $104.25. The company has a market capitalization of $4.42 billion, a price-to-earnings ratio of 67.45 and a beta of 0.77. CommVault Systems, Inc. has a 1 year low of $71.75 and a 1 year high of $200.68. The company has a debt-to-equity ratio of 117.54, a quick ratio of 1.95 and a current ratio of 1.95.

CommVault Systems (NASDAQ:CVLT) last announced its quarterly earnings data on Tuesday, April 28th. The software maker reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.09 by $0.19. The firm had revenue of $311.69 million during the quarter, compared to analysts’ expectations of $306.71 million. CommVault Systems had a net margin of 5.97% and a return on equity of 51.64%. The business’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.03 earnings per share. As a group, equities research analysts expect that CommVault Systems, Inc. will post 2.86 earnings per share for the current year.

Key CommVault Systems News

Here are the key news stories impacting CommVault Systems this week:

• Positive Sentiment: CommVault’s latest quarterly results were solid, with EPS of $1.28 beating estimates and revenue of $311.69 million topping expectations, while sales rose 13.3% year over year. CommVault Systems stock information
• Neutral Sentiment: Several insider sales by the CEO, CFO, and CAO were disclosed, but the filings say the transactions were made under pre-arranged 10b5-1 plans and mainly for tax withholding tied to equity awards.
• Negative Sentiment: Multiple law firms issued class-action notices and deadline reminders for CVLT shareholders, keeping investor focus on alleged false or misleading statements and possible securities fraud claims. Article Title
• Negative Sentiment: One lawsuit filing specifically linked the case to a sharp share-price drop after Q3 2026 results and alleged inconsistencies with the company’s earlier growth narrative, which may weigh on sentiment.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on CVLT. Oppenheimer dropped their price objective on shares of CommVault Systems from $180.00 to $150.00 and set an “outperform” rating for the company in a report on Wednesday, January 28th. Truist Financial restated a “buy” rating and issued a $155.00 price objective (down from $175.00) on shares of CommVault Systems in a report on Wednesday, January 28th. Robert W. Baird dropped their price objective on shares of CommVault Systems from $185.00 to $160.00 and set an “outperform” rating for the company in a report on Monday, April 13th. Cantor Fitzgerald dropped their price objective on shares of CommVault Systems from $144.00 to $100.00 and set a “neutral” rating for the company in a report on Wednesday, January 28th. Finally, Guggenheim dropped their price objective on shares of CommVault Systems from $200.00 to $175.00 and set a “buy” rating for the company in a report on Wednesday, January 28th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $135.00.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Tudor Investment Corp ET AL purchased a new position in shares of CommVault Systems in the 3rd quarter valued at $1,887,800,000. Vanguard Group Inc. grew its position in shares of CommVault Systems by 4.4% in the 4th quarter. Vanguard Group Inc. now owns 5,675,590 shares of the software maker’s stock valued at $711,492,000 after buying an additional 240,093 shares during the last quarter. First Trust Advisors LP grew its position in shares of CommVault Systems by 25.5% in the 4th quarter. First Trust Advisors LP now owns 1,537,034 shares of the software maker’s stock valued at $192,683,000 after buying an additional 312,178 shares during the last quarter. Pictet Asset Management Holding SA grew its position in shares of CommVault Systems by 36.2% in the 1st quarter. Pictet Asset Management Holding SA now owns 1,239,225 shares of the software maker’s stock valued at $96,447,000 after buying an additional 329,243 shares during the last quarter. Finally, Westfield Capital Management Co. LP grew its position in shares of CommVault Systems by 34.5% in the 4th quarter. Westfield Capital Management Co. LP now owns 1,057,077 shares of the software maker’s stock valued at $132,515,000 after buying an additional 270,902 shares during the last quarter. Institutional investors and hedge funds own 93.50% of the company’s stock.

About CommVault Systems

Commvault Systems, Inc is a global provider of data protection and information management software designed to help organizations manage, protect, and activate data across on-premises and cloud environments. Founded in 1996 and headquartered in Tinton Falls, New Jersey, Commvault offers a suite of integrated products and services that enable enterprises to back up, recover, archive, and analyze data. Its flagship solutions include Commvault Complete Data Protection, Commvault HyperScale, and the SaaS-based Metallic portfolio, which deliver scalable and automated data management capabilities across hybrid infrastructure environments.

Commvault’s platform is built on a unified architecture that allows customers to streamline operations, reduce complexity, and ensure data resiliency.