Insider Selling: CommVault Systems (NASDAQ:CVLT) CFO Sells $479,256.00 in Stock

CommVault Systems, Inc. (NASDAQ:CVLTGet Free Report) CFO Gary Merrill sold 4,560 shares of the company’s stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $105.10, for a total transaction of $479,256.00. Following the completion of the sale, the chief financial officer directly owned 72,507 shares in the company, valued at approximately $7,620,485.70. The trade was a 5.92% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 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.

Gary Merrill also recently made the following trade(s):

  • On Monday, May 18th, Gary Merrill sold 3,098 shares of CommVault Systems stock. The stock was sold at an average price of $104.54, for a total transaction of $323,864.92.

CommVault Systems Stock Up 1.2%

CVLT opened at $107.25 on Friday. The firm’s 50-day simple moving average is $90.43 and its 200-day simple moving average is $104.25. 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 twelve month low of $71.75 and a twelve month high of $200.68. The firm has a market cap of $4.42 billion, a price-to-earnings ratio of 67.45 and a beta of 0.77.

CommVault Systems (NASDAQ:CVLTGet Free Report) last posted its earnings results on Tuesday, April 28th. The software maker reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.09 by $0.19. The business had revenue of $311.69 million for the quarter, compared to analyst estimates of $306.71 million. CommVault Systems had a net margin of 5.97% and a return on equity of 51.64%. The firm’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.03 EPS. Equities research analysts anticipate that CommVault Systems, Inc. will post 2.86 EPS for the current fiscal year.

Key Headlines Impacting CommVault Systems

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.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Essential Partners LLC lifted its position in 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 purchasing an additional 496 shares during the period. Edgestream Partners L.P. acquired a new position in CommVault Systems during the 1st quarter valued at about $3,769,000. Amundi lifted its position in CommVault Systems by 30.5% during the 1st quarter. Amundi now owns 40,401 shares of the software maker’s stock valued at $3,147,000 after purchasing an additional 9,454 shares during the period. EverSource Wealth Advisors LLC lifted its position in CommVault Systems by 1,810.8% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,242 shares of the software maker’s stock valued at $97,000 after purchasing an additional 1,177 shares during the period. Finally, California State Teachers Retirement System lifted its position in CommVault Systems by 23.0% during the 1st quarter. California State Teachers Retirement System now owns 51,630 shares of the software maker’s stock valued at $4,021,000 after purchasing an additional 9,663 shares during the period. 93.50% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on CVLT shares. Scotiabank upped their price target on shares of CommVault Systems from $105.00 to $110.00 and gave the stock a “sector perform” rating in a research report on Wednesday, April 29th. Jefferies Financial Group started coverage on shares of CommVault Systems in a research report on Monday, April 27th. They set a “hold” rating and a $105.00 price target on the stock. Loop Capital started coverage on shares of CommVault Systems in a research report on Tuesday, March 24th. They set a “buy” rating and a $125.00 price target on the stock. Stephens reduced their price target on shares of CommVault Systems from $162.00 to $135.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 28th. Finally, Zacks Research downgraded shares of CommVault Systems from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 1st. One 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. Based on data from MarketBeat, CommVault Systems has an average rating of “Moderate Buy” and a consensus price target of $135.00.

Get Our Latest Analysis on CommVault Systems

About CommVault Systems

(Get Free Report)

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.

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

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