Insider Selling: CommVault Systems (NASDAQ:CVLT) CFO Sells 4,554 Shares of Stock

CommVault Systems, Inc. (NASDAQ:CVLT) CFO Gary Merrill sold 4,554 shares of the stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $106.70, for a total value of $485,911.80. Following the completion of the transaction, the chief financial officer directly owned 72,775 shares in the company, valued at approximately $7,765,092.50. This represents a 5.89% decrease in their position. The transaction was disclosed in a legal filing 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 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 value 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 value 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 value of $323,864.92.

CommVault Systems Price Performance

Shares of NASDAQ CVLT traded up $0.84 during trading hours on Tuesday, reaching $108.09. 394,000 shares of the stock traded hands, compared to its average volume of 1,037,406. The company’s 50-day simple moving average is $90.96 and its two-hundred day simple moving average is $103.79. The company has a market capitalization of $4.46 billion, a P/E ratio of 67.98 and a beta of 0.77. CommVault Systems, Inc. has a 52-week low of $71.75 and a 52-week high of $200.68. The company has a quick ratio of 1.95, a current ratio of 1.95 and a debt-to-equity ratio of 117.54.

CommVault Systems (NASDAQ:CVLT) last issued its quarterly earnings results on Tuesday, April 28th. The software maker reported $1.28 EPS for the quarter, beating analysts’ consensus estimates of $1.09 by $0.19. The business 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 business’s quarterly revenue was up 13.3% on a year-over-year basis. During the same period last year, the business earned $1.03 earnings per share. Equities research analysts forecast that CommVault Systems, Inc. will post 2.86 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts have issued reports on CVLT shares. Mizuho cut 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 report on Wednesday, January 28th. Loop Capital started coverage on CommVault Systems in a research note on Tuesday, March 24th. They issued a “buy” rating and a $125.00 target price for the company. Cantor Fitzgerald dropped their target price on CommVault Systems from $144.00 to $100.00 and set a “neutral” rating for the company in a report on Wednesday, January 28th. Zacks Research lowered CommVault Systems from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 1st. Finally, DA Davidson reaffirmed a “buy” rating and issued a $125.00 price target on shares of CommVault Systems in a research note on Monday, April 13th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus 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 announced it will present at the William Blair Growth Conference on June 2, which may help keep investor interest on the stock and provide a platform for management to reinforce its growth outlook. Commvault to Present at the William Blair Growth Conference
• Neutral Sentiment: Multiple law firms are reminding investors of the July 17 deadline to seek lead-plaintiff status in the class-action case, which keeps the lawsuit in the headlines but does not add new business fundamentals. Deadline Approaching: Commvault Systems Inc. (CVLT) Shareholders Who Lost Money Urged To Contact Law Offices of Howard G. Smith
• Neutral Sentiment: Other firms also issued similar investor alerts and lawsuit notices, signaling broader legal scrutiny around Commvault’s prior disclosures and the January stock selloff. INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Commvault Systems, Inc. of Class Action Lawsuit and Upcoming Deadlines – CVLT
• Negative Sentiment: The class-action lawsuit alleges Commvault misled investors about ARR growth issues, following a 31% share-price drop after the company’s Q3 2026 results missed key expectations. That legal overhang is likely the main pressure point on the stock today. CVLT Court Notification: Commvault ARR Growth Issues and Corresponding 31% Stock Drop Trigger Shareholder Class Action for Securities Fraud

Institutional Investors Weigh In On CommVault Systems

Large investors have recently added to or reduced their stakes in the company. Tudor Investment Corp ET AL purchased a new position in shares of CommVault Systems in the third quarter valued at about $1,887,800,000. Vanguard Group Inc. boosted its holdings in shares of CommVault Systems by 4.4% during 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 period. First Trust Advisors LP grew its stake in shares of 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 stake in shares of 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 increased its holdings in CommVault Systems by 34.5% during the 4th quarter. Westfield Capital Management Co. LP now owns 1,057,077 shares of the software maker’s stock valued at $132,515,000 after purchasing an additional 270,902 shares during the period. Institutional investors own 93.50% of the company’s stock.

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.