Insider Selling: CommVault Systems (NASDAQ:CVLT) CEO Sells $837,648.50 in Stock

CommVault Systems, Inc. (NASDAQ:CVLT) CEO Sanjay Mirchandani sold 8,450 shares of the stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $99.13, for a total value of $837,648.50. Following the completion of the transaction, the chief executive officer owned 306,927 shares of the company’s stock, valued at $30,425,673.51. The trade was a 2.68% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available 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 Tuesday, May 19th, Sanjay Mirchandani sold 19,396 shares of CommVault Systems stock. The stock was sold at an average price of $105.49, for a total value of $2,046,084.04.
• On Monday, May 18th, Sanjay Mirchandani sold 8,457 shares of CommVault Systems stock. The stock was sold at an average price of $104.54, for a total value of $884,094.78.
• On Tuesday, March 17th, Sanjay Mirchandani sold 10,052 shares of CommVault Systems stock. The stock was sold at an average price of $80.09, for a total value of $805,064.68.
• On Monday, March 16th, Sanjay Mirchandani sold 10,338 shares of CommVault Systems stock. The stock was sold at an average price of $78.96, for a total value of $816,288.48.

CommVault Systems Trading Up 1.2%

NASDAQ:CVLT opened at $107.25 on Friday. The stock has a fifty day moving average price of $90.43 and a two-hundred day moving average price of $104.25. The stock has a market capitalization of $4.42 billion, a price-to-earnings ratio of 67.45 and a beta of 0.77. 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, Inc. has a 1 year low of $71.75 and a 1 year high of $200.68.

CommVault Systems (NASDAQ:CVLT) last released its quarterly earnings data on Tuesday, April 28th. The software maker reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate 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 return on equity of 51.64% and a net margin of 5.97%.CommVault Systems’s revenue was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.03 earnings per share. As a group, sell-side analysts anticipate that CommVault Systems, Inc. will post 2.86 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Robert W. Baird dropped their price target on CommVault Systems from $185.00 to $160.00 and set an “outperform” rating for the company in a research report on Monday, April 13th. Royal Bank Of Canada increased their price objective on CommVault Systems from $100.00 to $110.00 and gave the company a “sector perform” rating in a research note on Wednesday, April 29th. Cantor Fitzgerald decreased their price objective on CommVault Systems from $144.00 to $100.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 28th. Truist Financial reissued a “buy” rating and issued a $155.00 price target (down from $175.00) on shares of CommVault Systems in a research note on Wednesday, January 28th. Finally, Loop Capital began coverage on CommVault Systems in a research note on Tuesday, March 24th. They issued a “buy” rating and a $125.00 price objective on the stock. 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 company. According to data from MarketBeat.com, CommVault Systems has an average rating of “Moderate Buy” and an average target price of $135.00.

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.

Hedge Funds Weigh In On CommVault Systems

Hedge funds and other institutional investors have recently modified their holdings of the company. State of Wyoming purchased a new stake in shares of CommVault Systems during the 2nd quarter valued at about $35,000. FNY Investment Advisers LLC purchased a new stake in shares of CommVault Systems during the 4th quarter valued at about $36,000. Essential Partners LLC raised its holdings in shares of CommVault Systems by 9,920.0% during the 1st quarter. Essential Partners LLC now owns 501 shares of the software maker’s stock valued at $39,000 after buying an additional 496 shares during the period. Banque Cantonale Vaudoise purchased a new stake in shares of CommVault Systems during the 3rd quarter valued at about $39,000. Finally, Assetmark Inc. raised its holdings in shares of CommVault Systems by 33.6% during the 4th quarter. Assetmark Inc. now owns 326 shares of the software maker’s stock valued at $41,000 after buying an additional 82 shares during the period. 93.50% of the stock is owned by institutional investors and hedge funds.

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.