Insider Selling: CommVault Systems (NASDAQ:CVLT) CFO Sells 4,560 Shares of Stock

CommVault Systems, Inc. (NASDAQ:CVLT) CFO Gary Merrill sold 4,560 shares of the firm’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 transaction, the chief financial officer directly owned 72,507 shares in the company, valued at $7,620,485.70. This represents a 5.92% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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.

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 Trading Up 1.4%

Shares of NASDAQ CVLT traded up $1.46 during trading hours on Thursday, reaching $106.00. The stock had a trading volume of 637,200 shares, compared to its average volume of 1,049,678. CommVault Systems, Inc. has a 52-week low of $71.75 and a 52-week high of $200.68. The firm has a market cap of $4.37 billion, a price-to-earnings ratio of 66.67 and a beta of 0.77. The business’s fifty day moving average price is $89.39 and its two-hundred day moving average price is $104.46. The company has a current ratio of 1.95, a quick ratio of 1.95 and a debt-to-equity ratio of 117.54.

CommVault Systems (NASDAQ:CVLT) last announced 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. CommVault Systems had a return on equity of 51.64% and a net margin of 5.97%.The company had revenue of $311.69 million for the quarter, compared to analysts’ expectations of $306.71 million. During the same quarter in the prior year, the firm earned $1.03 earnings per share. CommVault Systems’s revenue was up 13.3% compared to the same quarter last year. Analysts expect that CommVault Systems, Inc. will post 2.86 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Stephens lowered their price objective on shares of CommVault Systems from $162.00 to $135.00 and set an “overweight” rating for the company in a research note on Wednesday, January 28th. Oppenheimer cut their target price on shares of CommVault Systems from $180.00 to $150.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 28th. Truist Financial reaffirmed a “buy” rating and issued a $155.00 price target (down from $175.00) on shares of CommVault Systems in a research report on Wednesday, January 28th. Royal Bank Of Canada upped their price target on shares of CommVault Systems from $100.00 to $110.00 and gave the stock a “sector perform” rating in a research report on Wednesday, April 29th. Finally, 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. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $135.00.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. State of Wyoming purchased a new position in shares of CommVault Systems in the 2nd quarter valued at $35,000. FNY Investment Advisers LLC purchased a new stake in shares of CommVault Systems during the fourth quarter valued at about $36,000. Essential Partners LLC lifted its position in shares of CommVault Systems by 9,920.0% during the first 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 last quarter. Banque Cantonale Vaudoise purchased a new stake in shares of CommVault Systems during the third quarter valued at about $39,000. Finally, Assetmark Inc. lifted its position in shares of CommVault Systems by 33.6% during the fourth 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 last quarter. 93.50% of the stock is currently owned by hedge funds and other institutional investors.

Key CommVault Systems News

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

• Negative Sentiment: Multiple law firms announced or promoted class action lawsuits and investor investigations against Commvault Systems, Inc. (CVLT), increasing legal overhang and uncertainty about potential settlement costs and management distraction. Rosen Law Firm Urges Commvault Stockholders to Contact the Firm
• Negative Sentiment: The lawsuits are tied to allegations that Commvault made false and/or misleading statements during the April 29, 2025 to January 26, 2026 class period, which can weigh on investor sentiment and keep the stock volatile. Howard G. Smith Class Action Notice
• Negative Sentiment: Several recent insider sale disclosures from the CEO, CFO, and CAO may add to negative sentiment, even though the filings say the transactions were primarily for tax-withholding related to equity awards and/or made under 10b5-1 plans. Insider Selling Alert

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.