CommVault Systems (NASDAQ: CVLT) recently received a number of ratings updates from brokerages and research firms:
- 9/13/2026 – CommVault Systems was upgraded by Wall Street Zen from “hold” to “buy”.
- 9/11/2026 – CommVault Systems had its “hold (c)” rating reaffirmed by Weiss Ratings.
- 9/10/2026 – CommVault Systems is now covered by FBN Securities. They set an “outperform” rating and a $155.00 price target on the stock.
- 9/5/2026 – CommVault Systems was downgraded by Wall Street Zen from “buy” to “hold”.
- 8/23/2026 – CommVault Systems was upgraded by Wall Street Zen from “hold” to “buy”.
- 8/15/2026 – CommVault Systems was downgraded by Wall Street Zen from “buy” to “hold”.
- 8/1/2026 – CommVault Systems was upgraded by Wall Street Zen from “hold” to “buy”.
- 7/29/2026 – CommVault Systems was given a new $175.00 price target by DA Davidson.
- 7/29/2026 – CommVault Systems had its “sector perform” rating reaffirmed by Scotiabank. They now have a $130.00 price target on the stock.
- 7/29/2026 – CommVault Systems had its “hold” rating reaffirmed by Jefferies Financial Group Inc.. They now have a $130.00 price target on the stock.
- 7/28/2026 – CommVault Systems had its “buy” rating reaffirmed by Guggenheim.
- 7/28/2026 – CommVault Systems was downgraded by Piper Sandler from “overweight” to “neutral”. They now have a $133.00 price target on the stock.
- 7/27/2026 – CommVault Systems had its “neutral” rating reaffirmed by UBS Group AG.
- 7/27/2026 – CommVault Systems had its “neutral” rating reaffirmed by Cantor Fitzgerald. They now have a $132.00 price target on the stock.
- 7/21/2026 – CommVault Systems had its price target raised by Truist Financial Corporation from $155.00 to $182.00. They now have a “buy” rating on the stock.
- 7/17/2026 – CommVault Systems had its price target raised by Oppenheimer Holdings, Inc. from $150.00 to $175.00. They now have an “outperform” rating on the stock.
Insider Buying and Selling at CommVault Systems
In other news, CFO Gary Merrill sold 1,854 shares of the stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $143.64, for a total transaction of $266,308.56. Following the transaction, the chief financial officer owned 70,921 shares in the company, valued at approximately $10,187,092.44. This trade represents a 2.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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. Also, CEO Sanjay Mirchandani sold 12,437 shares of CommVault Systems stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $143.98, for a total value of $1,790,679.26. Following the sale, the chief executive officer directly owned 269,373 shares of the company’s stock, valued at approximately $38,784,324.54. The trade was a 4.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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. Insiders have sold a total of 29,602 shares of company stock valued at $4,240,541 in the last three months. Corporate insiders own 0.86% of the company’s stock.
The company’s offerings include backup and recovery, disaster recovery, data security, cyber recovery and cloud data management solutions.
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