CommVault Systems (NASDAQ:CVLT) CFO Gary Merrill Sells 4,554 Shares of Stock

CommVault Systems, Inc. (NASDAQ:CVLT) CFO Gary Merrill sold 4,554 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $106.70, for a total transaction of $485,911.80. Following the completion of the sale, the chief financial officer directly owned 72,775 shares of the company’s stock, valued at approximately $7,765,092.50. The trade was a 5.89% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, 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 Friday, May 22nd, Gary Merrill sold 3,777 shares of CommVault Systems stock. The stock was sold at an average price of $107.39, for a total transaction of $405,612.03.
• On Tuesday, May 19th, Gary Merrill sold 4,560 shares of CommVault Systems stock. The stock was sold at an average price of $105.10, for a total transaction of $479,256.00.
• On Monday, May 18th, Gary Merrill sold 3,098 shares of CommVault Systems stock. The shares were sold at an average price of $104.54, for a total transaction of $323,864.92.

CommVault Systems Stock Performance

CommVault Systems stock opened at $108.09 on Wednesday. The company has a 50 day moving average price of $91.54 and a 200-day moving average price of $103.65. 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 fifty-two week low of $71.75 and a fifty-two week high of $200.68. The company has a market capitalization of $4.46 billion, a PE ratio of 67.98 and a beta of 0.77.

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

Key Headlines Impacting CommVault Systems

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

• Positive Sentiment: Commvault said it will present at the William Blair Growth Conference on June 2, which could help keep investor attention on the company’s growth story and upcoming business updates. Commvault to Present at the William Blair Growth Conference
• Neutral Sentiment: Two executives disclosed routine stock sales, but both were made under pre-arranged Rule 10b5-1 plans and were tied to tax withholding on vesting awards, which usually makes them less concerning than discretionary insider selling.
• Neutral Sentiment: Chief Financial Officer Gary Merrill sold shares on May 22 and May 26, and Chief Accounting Officer Danielle Nicole Abrahamsen also sold shares on May 22 and May 26; the transactions were small relative to their holdings and were disclosed as part of equity compensation administration.
• Negative Sentiment: Multiple law firms issued investor alerts and reminders tied to a class action lawsuit against Commvault over alleged securities-law violations, keeping legal risk front and center for shareholders. CVLT Shareholder Alert: Investors With Losses May Seek to Lead the Class Action in Commvault Systems, Inc. Securities Lawsuit
• Negative Sentiment: The lawsuit centers on allegations that Commvault misled investors about ARR growth, following a 31% stock drop after disappointing Q3 2026 results and a reported $1.7 billion market-cap wipeout, which is the biggest near-term overhang on the stock. Commvault Systems (CVLT) Securities Class Action Filed Amid Q3 2026’s Apparent Inconsistencies With Prior Growth Narrative and $1.7B Market Cap Wipeout

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of CVLT. Tudor Investment Corp ET AL purchased a new position in CommVault Systems in the third quarter worth $1,887,800,000. Vanguard Group Inc. grew its holdings in CommVault Systems by 4.4% in the fourth quarter. Vanguard Group Inc. now owns 5,675,590 shares of the software maker’s stock worth $711,492,000 after purchasing an additional 240,093 shares during the last quarter. First Trust Advisors LP grew its holdings in CommVault Systems by 25.5% in the fourth quarter. First Trust Advisors LP now owns 1,537,034 shares of the software maker’s stock worth $192,683,000 after purchasing an additional 312,178 shares during the last quarter. Pictet Asset Management Holding SA grew its holdings in CommVault Systems by 36.2% in the first quarter. Pictet Asset Management Holding SA now owns 1,239,225 shares of the software maker’s stock worth $96,447,000 after purchasing an additional 329,243 shares during the last quarter. Finally, Westfield Capital Management Co. LP grew its holdings in CommVault Systems by 34.5% in the fourth quarter. Westfield Capital Management Co. LP now owns 1,057,077 shares of the software maker’s stock worth $132,515,000 after purchasing an additional 270,902 shares during the last quarter. Institutional investors own 93.50% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on CVLT shares. Truist Financial reaffirmed a “buy” rating and set a $155.00 price target (down from $175.00) on shares of CommVault Systems in a research note on Wednesday, January 28th. Mizuho decreased their price target on shares of CommVault Systems from $180.00 to $140.00 and set an “outperform” rating for the company in a research note on Wednesday, January 28th. Cantor Fitzgerald decreased their price target on shares of CommVault Systems from $144.00 to $100.00 and set a “neutral” rating for the company in a research note on Wednesday, January 28th. KeyCorp lifted their price target on shares of CommVault Systems from $108.00 to $125.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Finally, Wolfe Research assumed coverage on shares of CommVault Systems in a report on Friday, May 1st. They set a “peer perform” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, CommVault Systems presently has an average rating of “Moderate Buy” and a consensus price target of $135.00.

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.