CommVault Systems (NASDAQ:CVLT) CAO Danielle Nicole Abrahamsen Sells 254 Shares of Stock

CommVault Systems, Inc. (NASDAQ:CVLT) CAO Danielle Nicole Abrahamsen sold 254 shares of CommVault Systems stock in a transaction dated Thursday, July 2nd. The stock was sold at an average price of $150.00, for a total value of $38,100.00. Following the sale, the chief accounting officer directly owned 13,156 shares of the company’s stock, valued at approximately $1,973,400. This trade represents a 1.89% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Danielle Nicole Abrahamsen also recently made the following trade(s):

• On Tuesday, May 26th, Danielle Nicole Abrahamsen sold 277 shares of CommVault Systems stock. The shares were sold at an average price of $106.70, for a total value of $29,555.90.
• On Friday, May 22nd, Danielle Nicole Abrahamsen sold 101 shares of CommVault Systems stock. The stock was sold at an average price of $107.39, for a total value of $10,846.39.
• On Wednesday, May 20th, Danielle Nicole Abrahamsen sold 365 shares of CommVault Systems stock. The shares were sold at an average price of $99.13, for a total transaction of $36,182.45.
• On Tuesday, May 19th, Danielle Nicole Abrahamsen sold 1,065 shares of CommVault Systems stock. The stock was sold at an average price of $105.84, for a total transaction of $112,719.60.
• On Monday, May 18th, Danielle Nicole Abrahamsen sold 925 shares of CommVault Systems stock. The stock was sold at an average price of $104.52, for a total transaction of $96,681.00.

CommVault Systems Price Performance

Shares of CommVault Systems stock opened at $153.72 on Wednesday. CommVault Systems, Inc. has a 52-week low of $71.75 and a 52-week high of $200.68. The stock has a market capitalization of $6.37 billion, a price-to-earnings ratio of 96.68 and a beta of 0.79. The company has a fifty day moving average of $119.01 and a 200-day moving average of $105.04. 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 issued its earnings results on Tuesday, April 28th. The software maker reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.09 by $0.19. The company had revenue of $311.69 million for 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 firm’s revenue was up 13.3% compared to the same quarter last year. During the same quarter last year, the company earned $1.03 EPS. Equities research analysts expect that CommVault Systems, Inc. will post 2.86 EPS for the current year.

CommVault Systems News Summary

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

• Positive Sentiment: Commvault announced Minutes to Recovery, a hands-on cyber resilience simulation focused on AI-driven attacks, which may support its positioning as a cybersecurity and data protection leader. Commvault Launches Minutes to Recovery™
• Positive Sentiment: The company said it will report first-quarter fiscal 2027 earnings on July 28, keeping investors focused on upcoming financial results and execution. Commvault Announces First Quarter Fiscal Year 2027 Earnings Release Date
• Neutral Sentiment: Commvault also highlighted strong product credibility after being ranked #1 in five of six use cases in Gartner’s Critical Capabilities report, including ransomware protection, detection, and recovery. Commvault Ranked #1 in Five of Six Use Cases
• Neutral Sentiment: The company disclosed a routine insider sale by its chief accounting officer, but the transaction was made under a pre-arranged 10b5-1 plan, which usually limits its significance for investors. SEC Form 4 filing
• Negative Sentiment: Several law firms, including Pomerantz, Rosen, Robbins Geller, and others, reminded investors about a class action lawsuit against Commvault and upcoming July 17 lead-plaintiff deadlines, keeping legal risk front and center. Investor Alert: Pomerantz Law Firm Reminds Investors

Wall Street Analysts Forecast Growth

CVLT has been the topic of several recent research reports. Scotiabank raised their price target on CommVault Systems from $105.00 to $110.00 and gave the stock a “sector perform” rating in a research report on Wednesday, April 29th. Wolfe Research assumed coverage on shares of CommVault Systems in a report on Friday, May 1st. They issued a “peer perform” rating on the stock. Mizuho upped their price target on shares of CommVault Systems from $130.00 to $140.00 and gave the company an “outperform” rating in a report on Wednesday, June 10th. DA Davidson reissued a “buy” rating and issued a $125.00 price target on shares of CommVault Systems in a report on Monday, April 13th. Finally, Wall Street Zen downgraded shares of CommVault Systems from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. 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 data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $136.33.

Institutional Investors Weigh In On CommVault Systems

A number of large investors have recently modified their holdings of the stock. Tudor Investment Corp ET AL bought a new position in shares of CommVault Systems in the 3rd quarter worth approximately $1,887,800,000. M&T Bank Corp boosted its position in shares of CommVault Systems by 22,133.9% during the fourth quarter. M&T Bank Corp now owns 610,098 shares of the software maker’s stock valued at $76,482,000 after purchasing an additional 607,354 shares in the last quarter. TD Asset Management Inc grew its stake in CommVault Systems by 14,047.5% in the fourth quarter. TD Asset Management Inc now owns 381,982 shares of the software maker’s stock worth $47,885,000 after purchasing an additional 379,282 shares during the period. AQR Capital Management LLC grew its stake in CommVault Systems by 60.8% in the second quarter. AQR Capital Management LLC now owns 893,385 shares of the software maker’s stock worth $155,744,000 after purchasing an additional 337,830 shares during the period. Finally, Pictet Asset Management Holding SA raised 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 in the last quarter. Institutional investors own 93.50% of the company’s stock.

CommVault Systems Company Profile

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.