CommVault Systems (NASDAQ:CVLT) CEO Sanjay Mirchandani Sells 19,396 Shares

CommVault Systems, Inc. (NASDAQ:CVLT) CEO Sanjay Mirchandani sold 19,396 shares of the business’s stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $105.49, for a total transaction of $2,046,084.04. Following the completion of the sale, the chief executive officer directly owned 315,377 shares in the company, valued at approximately $33,269,119.73. This represents a 5.79% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 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.

Sanjay Mirchandani also recently made the following trade(s):

• On Wednesday, May 20th, Sanjay Mirchandani sold 8,450 shares of CommVault Systems stock. The stock was sold at an average price of $99.13, for a total value of $837,648.50.
• On Monday, May 18th, Sanjay Mirchandani sold 8,457 shares of CommVault Systems stock. The shares were sold at an average price of $104.54, for a total value of $884,094.78.
• On Tuesday, March 17th, Sanjay Mirchandani sold 10,052 shares of CommVault Systems stock. The stock was sold at an average price of $80.09, for a total value of $805,064.68.
• On Monday, March 16th, Sanjay Mirchandani sold 10,338 shares of CommVault Systems stock. The stock was sold at an average price of $78.96, for a total transaction of $816,288.48.

CommVault Systems Stock Up 1.4%

Shares of CVLT stock traded up $1.46 on Thursday, reaching $106.00. 637,200 shares of the company were exchanged, compared to its average volume of 1,049,678. The company has a debt-to-equity ratio of 117.54, a current ratio of 1.95 and a quick ratio of 1.95. The company has a 50-day moving average of $89.39 and a 200-day moving average of $104.46. The company has a market cap of $4.37 billion, a price-to-earnings ratio of 66.67 and a beta of 0.77. CommVault Systems, Inc. has a one year low of $71.75 and a one year high of $200.68.

CommVault Systems (NASDAQ:CVLT) last issued its 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 during the quarter, compared to analyst estimates of $306.71 million. CommVault Systems had a return on equity of 51.64% and a net margin of 5.97%.The firm’s revenue was up 13.3% compared to the same quarter last year. During the same period in the previous year, the company posted $1.03 EPS. Analysts anticipate that CommVault Systems, Inc. will post 2.86 earnings per share for the current year.

Institutional Investors Weigh In On CommVault Systems

A number of institutional investors and hedge funds have recently modified their holdings of the company. State of Wyoming purchased a new stake in shares of CommVault Systems in the 2nd quarter valued at about $35,000. FNY Investment Advisers LLC purchased a new stake in shares of CommVault Systems in the 4th quarter valued at about $36,000. Essential Partners LLC raised its holdings in shares of CommVault Systems by 9,920.0% in the 1st quarter. Essential Partners LLC now owns 501 shares of the software maker’s stock valued at $39,000 after acquiring an additional 496 shares in the last quarter. Banque Cantonale Vaudoise purchased a new stake in shares of CommVault Systems in the 3rd quarter valued at about $39,000. Finally, Assetmark Inc. raised its holdings in shares of CommVault Systems by 33.6% in the 4th quarter. Assetmark Inc. now owns 326 shares of the software maker’s stock valued at $41,000 after acquiring an additional 82 shares in the last quarter. 93.50% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on CVLT shares. Zacks Research lowered CommVault Systems from a “strong-buy” rating to a “hold” rating in a report on Friday, May 1st. Wells Fargo & Company cut their price objective on CommVault Systems from $190.00 to $155.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 28th. Jefferies Financial Group started coverage on CommVault Systems in a report on Monday, April 27th. They set a “hold” rating and a $105.00 price objective for the company. DA Davidson reaffirmed a “buy” rating and issued a $125.00 price objective on shares of CommVault Systems in a report on Monday, April 13th. Finally, Wolfe Research began coverage on shares of CommVault Systems in a report on Friday, May 1st. They set a “peer perform” rating on the stock. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $135.00.

CommVault Systems News Roundup

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

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.